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The Rhines Foundation is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 2003. The principal officer is Walden C Rhines. It holds total assets of $36.1M. Annual income is reported at $7M. Total assets have grown from $2M in 2011 to $33.2M in 2023. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. Funding is distributed across 4 states, including Texas, District of Columbia, Virginia. According to available records, The Rhines Foundation has made 34 grants totaling $4.3M, with a median grant of $9K. Annual giving has grown from $702K in 2020 to $2.8M in 2022. Individual grants have ranged from $1K to $1.3M, with an average award of $127K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Texas, Florida, California, which account for 71% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$140K
Largest Grant
$500K
Based on 5 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.
The Rhines Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in TX, FL, CA.
The Rhines Foundation has distributed a total of $4.3M across 34 grants. The median grant size is $9K, with an average of $127K. Individual grants have ranged from $1K to $1.3M.
The Rhines Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Rhines Foundation is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Walden C Rhines | SETTLOR & TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.3M
Total Assets
$33.2M
Fair Market Value
$41.7M
Net Worth
$33.2M
Grants Paid
$1.8M
Contributions
$962K
Net Investment Income
$5.1M
Distribution Amount
$1.9M
Total: $15.9M
Total Grants
34
Total Giving
$4.3M
Average Grant
$127K
Median Grant
$9K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas Scottish Rite Hospital For ChildrenSUPPORT MEDICAL TREATMENT FOR CHILDREN | Dallas, TX | $15K | 2020 |
| Southern Methodist UniversityENDOWED PROFESSORSHIP | Dallas, TX | $1.3M | 2022 |
| Baylor UniversitySUPPORT SCHOLARSHIP FUND IN ECONOMICS | Waco, TX | $87K | 2022 |
| Stanford UniversitySUPPORT HOOVER INSTITUTION | Stanford, CA | $10K | 2022 |
| Crystal Charity BallSUPPORT DALLAS CHARITIES | Dallas, TX | $9K | 2022 |
| Dallas Summer MusicalsSUPPORT DALLAS SUMMER MUSICALS | Dallas, TX | $9K | 2022 |
| Institute For JusticeSUPPORT JUDICIAL RESPONSIBILITY | Arlington, VA | $5K | 2022 |
| Cato InstituteSUPPORT OF EDUCATIONAL ORGANIZATION | Washington, DC | $5K | 2022 |
| Scottish Rite HospitalSUPPORT HOSPITAL PROGRAMS FOR CHILDREN | Dallas, TX | $4K | 2022 |
| Oregon Health And Science University FoundationSUPPORT MEDICAL TRAINING | Portland, OR | $1K | 2022 |
| Friends Of The Katy TrailPUBLIC PARK | Dallas, TX | $1K | 2022 |
| University Of Florida FoundationENDOWED PROFESSORSHIP | Gainesville, FL | $750K | 2021 |
| Highland Park Education FoundationSUPPORT PUBLIC SCHOOLS | Dallas, TX | $2K | 2021 |