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Rpm Foundation is a private corporation based in NEWPORT BEACH, CA. The foundation received its IRS ruling in 2009. The principal officer is % Richard Merage. It holds total assets of $2.3M. Annual income is reported at $91K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rpm Foundation has made 14 grants totaling $388K, with a median grant of $21K. Annual giving has grown from $115K in 2020 to $157K in 2023. Individual grants have ranged from $2K to $100K, with an average award of $28K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
Rpm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in CA, NY.
Rpm Foundation has distributed a total of $388K across 14 grants. The median grant size is $21K, with an average of $28K. Individual grants have ranged from $2K to $100K.
Rpm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rpm Foundation is headquartered in NEWPORT BEACH, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Merage | PRESIDENT | $0 | $0 | $0 |
| Elisabeth Merage | SECRETARY | $0 | $0 | $0 |
| Paul Merage | TREASURER | $0 | $0 | $0 |
Total Giving
$164K
Total Assets
$2.6M
Fair Market Value
$2.6M
Net Worth
$2.4M
Grants Paid
$157K
Contributions
$0
Net Investment Income
$105K
Distribution Amount
$109K
Total: $0
Total Grants
14
Total Giving
$388K
Average Grant
$28K
Median Grant
$21K
Unique Recipients
8
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Of IdcGENERAL OPERATIONS | New York, NY | $100K | 2023 |
| Orange County Museum Of ArtGENERAL OPERATIONS | Santa Ana, CA | $30K | 2023 |
| Jewish Community Center Of Orange CountyGENERAL OPERATIONS | Irvine, CA | $17K | 2023 |
| Segerstrom Center For The ArtsGENERAL OPERATIONS | Costa Mesa, CA | $6K | 2023 |
| Jserra Catholic High SchoolGENERAL OPERATIONS | San Juan Capistrano, CA | $5K | 2023 |
Other foundations that have funded Rpm Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Fuller Fam Charitable Trust | $2K | 2024 | Operations |
| Hagerty Drivers Foundation | $50K | 2023 | The Endangered Skills Program |
| Mittler Family Foundation Inc. | $30K | 2023 | GENERAL PROGRAM SUPPORT |
| Fuller Fam Charitable Trust | $2K | 2023 | Operations |
| Make Great Things Happen Foundation |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Orange County School Of ArtsGENERAL OPERATIONS | Santa Ana, CA | $5K | 2022 |
| University SynagogueGENERAL OPERATIONS | Irvine, CA | $2K | 2022 |
| Orange County Community FoundationGENERAL OPERATIONS | Irvine, CA | $73K | 2020 |
| $800 |
| 2023 |
| Support of educational training to young people in artisan crafts of auto preservation and restoration. |
| Mittler Family Foundation Inc. | $60K | 2022 | GENERAL PROGRAM SUPPORT |
| Mittler Family Foundation Inc. | $60K | 2022 | GENERAL PROGRAM SUPPORT |
| Make Great Things Happen Foundation | $800 | 2022 | Support of educational training to young people in artisan crafts of auto preservation and restoration. |
| Make Great Things Happen Foundation | $800 | 2022 | Support of educational training to young people in artisan crafts of auto preservation and restoration. |
| Mittler Family Foundation Inc. | $60K | 2021 | GENERAL PROGRAM SUPPORT |
| Paul E Andrews Jr Foundation | $50K | 2021 | In honor of Paul Andrews |
| Kawasaki Family Foundation | $12K | 2021 | GENERAL SUPPORT |
| Twenty-Seven Foundation | $15K | 2020 | General |
| Make Great Things Happen Foundation | $1K | 2020 | Support of educational training to young people in artisan crafts of auto preservation and restoration |
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