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Rt Charitable Foundation is a private corporation based in SHORT HILLS, NJ. The foundation received its IRS ruling in 2021. The principal officer is Co Appaloosa Management Lp. It holds total assets of $9.9M. Annual income is reported at $2.3M. Total assets have grown from $3M in 2020 to $9.9M in 2023. The foundation is governed by 4 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 New Jersey and New York. According to available records, Rt Charitable Foundation has made 38 grants totaling $2.5M, with a median grant of $50K. Annual giving has decreased from $1.4M in 2022 to $1M in 2023. Individual grants have ranged from $21K to $125K, with an average award of $65K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Minnesota, which account for 89% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$35K
Average Grant
$71K
Largest Grant
$285K
Based on 7 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.
Rt Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in NY, NJ, MN.
Rt Charitable Foundation has distributed a total of $2.5M across 38 grants. The median grant size is $50K, with an average of $65K. Individual grants have ranged from $21K to $125K.
Rt Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rt Charitable Foundation is headquartered in SHORT HILLS, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Randi Tepper | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| David Tepper | VICE PRESIDENT | $0 | $0 | N/A |
| Larry Rogers | SECRETARY & TREASURER | $0 | $0 | N/A |
| Marc Kramer | MEMBER | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$9.9M
Fair Market Value
$10.6M
Net Worth
$9.9M
Grants Paid
$1M
Contributions
N/A
Net Investment Income
$220K
Distribution Amount
$505K
Total: $9.5M
Total Grants
38
Total Giving
$2.5M
Average Grant
$65K
Median Grant
$50K
Unique Recipients
24
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Just The PillOPERATIONAL SUPPORT. | Saint Paul, MN | $125K | 2023 |
| The Bridge ProjectOPERATIONAL SUPPORT. | New York, NY | $100K | 2023 |
| Robinhood FoundationOPERATIONAL SUPPORT. | New York, NY | $100K | 2023 |
| North FundOPERATIONAL SUPPORT. | Washington, DC | $100K | 2023 |
| Public Rights ProjectOPERATIONAL SUPPORT. | Oakland, CA | $100K | 2023 |
| Nyc Kids Rise IncOPERATIONAL SUPPORT. | Long Island City, NY | $81K | 2023 |
| Mayday MedicinesOPERATIONAL SUPPORT. | New York, NY | $75K | 2023 |
| Committee To Protect Medicare Education FundOPERATIONAL SUPPORT. | Chicago, IL | $50K | 2023 |
| Urban Male Leadership AcademyOPERATIONAL SUPPORT. | New York, NY | $50K | 2023 |
| Fund For The City Of New YorkOPERATIONAL SUPPORT. | New York, NY | $50K | 2023 |
| Guttman Community CollegeOPERATIONAL SUPPORT. | New York, NY | $50K | 2023 |
| Boys And Girls Club Of Atlantic CityOPERATIONAL SUPPORT. | Atlantic City, NJ | $50K | 2023 |
| Sponsors For Educational OpportunityOPERATIONAL SUPPORT. | New York, NY | $35K | 2023 |
| Reach Out And ReadOPERATIONAL SUPPORT. | Boston, MA | $25K | 2023 |
| Preschool AdvantageOPERATIONAL SUPPORT. | Morristown, NJ | $25K | 2023 |
| Advocacy And Resource CentreOPERATIONAL SUPPORT. | Plattsburgh, NY | $21K | 2023 |
| Jtp Professional Service CorporationOPERATIONAL SUPPORT. | Saint Paul, MN | $125K | 2022 |
| Robin Hood FoundationOPERATIONAL SUPPORT. | New York, NY | $100K | 2022 |
| 4cs Of Passaic County IncOPERATIONAL SUPPORT. | Paterson, NJ | $50K | 2022 |
| Scholarships PlusOPERATIONAL SUPPORT. | New York, NY | $50K | 2022 |
| Programs For Parents IncOPERATIOINAL SUPPORT. | Newark, NJ | $50K | 2022 |
| Borough Of Manhattan Community College (Bmcc) Urban Male Leadership AcademyOPERATIONAL SUPPORT. | New York, NY | $50K | 2022 |
| Seo (Sponsors For Educational OpportunityOPERATIONAL SUPPORT. | New York, NY | $35K | 2022 |
| Seeds (Access Changes Everything)OPERATIONAL SUPPORT. | Newark, NJ | $35K | 2022 |