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Towhee-Rainbow Foundation is a private corporation based in CARMEL, IN. The foundation received its IRS ruling in 2005. The principal officer is Alan R Haehner. It holds total assets of $22K. Annual income is reported at $7K. Total assets have grown from $14K in 2011 to $21K 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. According to available records, Towhee-Rainbow Foundation has made 5 grants totaling $10K, with a median grant of $2K. Annual giving has decreased from $4K in 2021 to $2K in 2023. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Indiana and Minnesota. Contributions to this foundation are tax-deductible.
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.
Towhee-Rainbow Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in IN, MN.
Towhee-Rainbow Foundation has distributed a total of $10K across 5 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $2K.
Towhee-Rainbow Foundation typically selects its grantees rather than accepting unsolicited proposals.
Towhee-Rainbow Foundation is headquartered in CARMEL, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan Haehner | TRUSTEE | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$21K
Fair Market Value
$21K
Net Worth
$21K
Grants Paid
$2K
Contributions
$7K
Net Investment Income
N/A
Distribution Amount
$827
Total Grants
5
Total Giving
$10K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
2
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cats Haven LtdCHARITABLE | Indianapolis, IN | $2K | 2023 |
| Dakota WoodlandsCHARITABLE | Eagan, MN | $2K | 2022 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN