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Rlb Private Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2018. The principal officer is Foundation Source. It holds total assets of $92K. Annual income is reported at $59K. Total assets have decreased from $418K in 2019 to $112K in 2023. The foundation is governed by 2 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 2018 to 2023. Funding is distributed across 4 states, including New York, Texas, District of Columbia. According to available records, Rlb Private Foundation has made 44 grants totaling $288K, with a median grant of $5K. Annual giving has decreased from $99K in 2020 to $50K in 2023. Grantmaking activity was highest in 2022 with $139K distributed across 20 grants. Individual grants have ranged from $500 to $20K, with an average award of $7K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Texas, which account for 91% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$8K
Average Grant
$7K
Largest Grant
$20K
Based on 10 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.
Rlb Private Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 44 grants. Its grantmaking reaches organizations primarily in NY, MA, TX.
Rlb Private Foundation has distributed a total of $288K across 44 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $500 to $20K.
Rlb Private Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rlb Private Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tracy Jae Won Lee | Dir, Pres | $0 | $0 | N/A |
| David Kim | Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$112K
Fair Market Value
$158K
Net Worth
$112K
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$9K
Total Grants
44
Total Giving
$288K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
19
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Island Harvest LtdGeneral & Unrestricted | Melville, NY | $10K | 2023 |
| Molloy UniversityEnergeia Annual FUND | Rockville Center, NY | $10K | 2023 |
| Friends AcademyAnnual Dinner and Auction & Annual Fund 22-23 Gideon Frost Society Level | Locust Valley, NY | $8K | 2023 |
| Physicians HomeGeneral & Unrestricted | New York, NY | $5K | 2023 |
| Trustees Of Columbia UniversityColumbia Rowing FUND | New York, NY | $3K | 2023 |
| Korean-American Community Foundation IncCharitable Event | New York, NY | $3K | 2023 |
| New York Institute Of TechnologyCharitable Event | Old Westbury, NY | $3K | 2023 |
| Sands Point Club Fund IncAlbert Cohen Scholarship Fund | Sands Point, NY | $3K | 2023 |
| Brookhaven Health Care Services CorporationLong Island Community Hospital | Patchogue, NY | $2K | 2023 |
| St Joseph HospitalCharitable Event | Bethpage, NY | $2K | 2023 |
| Williams CollegeGeneral & Unrestricted | Williamstown, MA | $20K | 2022 |
| The Asian American FoundationGeneral & Unrestricted | Washington, DC | $10K | 2022 |
| Molloy CollegeEnergeia Annual Donation | Rockville Ctr, NY | $10K | 2022 |
| Amigos Internacionales CorporationGeneral & Unrestricted | Commerce, TX | $10K | 2022 |
| Smile Farms IncGrooving Together Gala | Jericho, NY | $5K | 2022 |
| The St Francis Hospital Foundation IncCrisis Response Fund | Roslyn, NY | $20K | 2020 |
| The Summit Medical Group Foundation IncGeneral & Unrestricted | New Providnce, NJ | $5K | 2020 |
| Robert L Sweeney Memorial Fund IncCharitable Event | Mount Sinai, NY | $1K | 2020 |
| Operation Water IncGeneral & Unrestricted | Rehoboth Bch, DE | $1K | 2020 |