Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Rutledge Family Foundation is a private trust based in GREENWICH, CT. The foundation received its IRS ruling in 2016. The principal officer is Thomas M Rutledge. It holds total assets of $45.2M. Annual income is reported at $6M. Total assets have grown from $16.6M in 2018 to $54.7M in 2022. 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 2020 to 2023. Funding is distributed across 4 states, including Connecticut, New York, Pennsylvania. According to available records, Rutledge Family Foundation has made 73 grants totaling $15M, with a median grant of $50K. Annual giving has decreased from $9.3M in 2022 to $5.7M in 2023. Individual grants have ranged from $500 to $1.4M, with an average award of $205K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Pennsylvania, Connecticut, Massachusetts, which account for 73% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$138K
Average Grant
$388K
Largest Grant
$1.5M
Based on 8 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.
Rutledge Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in PA, CT, MA.
Rutledge Family Foundation has distributed a total of $15M across 73 grants. The median grant size is $50K, with an average of $205K. Individual grants have ranged from $500 to $1.4M.
Rutledge Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rutledge Family Foundation is headquartered in GREENWICH, CT. While based in CT, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas M Rutledge | TRUSTEE | $0 | $0 | N/A |
| Karen A Rutledge | TRUSTEE | $0 | $0 | N/A |
Total Giving
$5.7M
Total Assets
$54.7M
Fair Market Value
$87.3M
Net Worth
$54.7M
Grants Paid
$5.7M
Contributions
$3.8M
Net Investment Income
$145K
Distribution Amount
$4.3M
Total Grants
73
Total Giving
$15M
Average Grant
$205K
Median Grant
$50K
Unique Recipients
20
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gaylord SpecialtyTO PROMOTE THE WORK OF THE ORGANIZATION | Wallingford, CT | $1M | 2023 |
| The Village Of FpcTO PROMOTE THE WORK OF THE ORGANIZATION | California, PA | $816K | 2023 |
| California University Of PaTO PROMOTE THE WORK OF THE ORGANIZATION | California, PA | $795K | 2023 |
| Horizons At The Ethel Walker SchoolTO PROMOTE THE WORK OF THE ORGANIZATION | Simsbury, CT | $400K | 2023 |
| Rhmc Of PittsburghTO PROMOTE THE WORK OF THE ORGANIZATION | Pittsburgh, PA | $300K | 2023 |
| Trio New College NetworkTO PROMOTE THE WORK OF THE ORGANIZATION | Brighton, MA | $300K | 2023 |
| The Foundation For CaoTO PROMOTE THE WORK OF THE ORGANIZATION | California, PA | $250K | 2023 |
| Mceivr IncTO PROMOTE THE WORK OF THE ORGANIZATION | Hartford, CT | $175K | 2023 |
| You Gotta BelieveTO PROMOTE THE WORK OF THE ORGANIZATION | Brooklyn, NY | $150K | 2023 |
| Grace Academy IncTO PROMOTE THE WORK OF THE ORGANIZATION | Hartford, CT | $50K | 2023 |
| Ready CtTO PROMOTE THE WORK OF THE ORGANIZATION | Hartford, CT | $50K | 2023 |
| Renbrook School IncorporatedTO PROMOTE THE WORK OF THE ORGANIZATION | West Hartford, CT | $15K | 2023 |
| Horace Mann SchoolTO PROMOTE THE WORK OF THE ORGANIZATION | Bronx, NY | $15K | 2023 |
| Avon Old Farms SchoolTO PROMOTE THE WORK OF THE ORGANIZATION | Avon, CT | $10K | 2023 |
| Jimmy Lee Scholarship FundTO PROMOTE THE WORK OF THE ORGANIZATION | Purchase, NY | $2K | 2023 |
| Archives Partnership TrustTO PROMOTE THE WORK OF THE ORGANIZATION | Albany, NY | $1K | 2023 |
| Pan-African Academy Of Christian SurgeonsTO PROMOTE THE WORK OF THE ORGANIZATION | Palatine, IL | $500 | 2023 |
| George Washington UniversityTO PROMOTE THE WORK OF THE ORGANIZATION | Washington, DC | $50K | 2022 |