Also known as: C/O THE WHITTIER TRUST COMPANY
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Rick And Bonnie Rule Foundation is a private corporation based in SEATTLE, WA. The foundation received its IRS ruling in 2019. The principal officer is Whittier Trust Company. It holds total assets of $4.2M. Annual income is reported at $3.1M. Total assets have grown from $2M in 2019 to $4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Washington, California and Virginia. According to available records, Rick And Bonnie Rule Foundation has made 30 grants totaling $375K, with a median grant of $8K. The foundation has distributed between $64K and $158K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $158K distributed across 10 grants. Individual grants have ranged from $250 to $50K, with an average award of $12K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Virginia, Washington, California, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$6K
Average Grant
$12K
Largest Grant
$50K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Rick And Bonnie Rule Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in VA, WA, CA.
Rick And Bonnie Rule Foundation has distributed a total of $375K across 30 grants. The median grant size is $8K, with an average of $12K. Individual grants have ranged from $250 to $50K.
Rick And Bonnie Rule Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rick And Bonnie Rule Foundation is headquartered in SEATTLE, WA. While based in WA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arthur Richards Rule Iv | PRESIDENT | $0 | $0 | N/A |
| Paul Cantor | SECRETARY | $0 | $0 | N/A |
| Bonnie Mcgaugh Rule | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$117K
Total Assets
$4M
Fair Market Value
$4M
Net Worth
$4M
Grants Paid
$64K
Contributions
$470K
Net Investment Income
$133K
Distribution Amount
$187K
Total: $3.8M
Total Grants
30
Total Giving
$375K
Average Grant
$12K
Median Grant
$8K
Unique Recipients
10
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Students For Liberty IncorporatedTHREE-YEAR MARKETING PROJECT | Mclean, VA | $47K | 2023 |
| She-Can GlobalGENERAL OPERATING SUPPORT | Mill Valley, CA | $10K | 2023 |
| San Juan Preservation TrustGENERAL OPERATING SUPPORT | Friday Harbor, WA | $2K | 2023 |
| Skagit Land TrustGENERAL OPERATING SUPPORT | Mount Vernon, WA | $2K | 2023 |
| Kcts TelevisionGENERAL OPERATING SUPPORT | Seattle, WA | $2K | 2023 |
| Guemes Island Community Center AssociationGICCA GENERAL FUND | Anacortes, WA | $500 | 2023 |
| Roberto Clemente- Santaana Health ClinicGENERAL OPERATING SUPPORT | Baltimore, MD | $250 | 2023 |
| San Diego Council On LiteracyGENERAL OPERATING SUPPORT | San Diego, CA | $250 | 2023 |
| San Diego State University FoundationKPBS GENERAL OPERATING SUPPORT | San Diego, CA | $500 | 2021 |
| American Australian AssociationAUSTRALIAN BUSHFIRE RELIEF FUND | New York, NY | $10K | 2020 |