Bernard & Audre Rapoport Foundation logo

Bernard & Audre Rapoport Foundation

WACO, TX EIN: 74-2479712 Website

The Bernard & Audre Rapoport Foundation is a private philanthropic organization based in Waco, Texas. Established in 1987, the foundation has dedicated over $70 million in grants to improve the social fabric of life. The entire Rapoport family is actively involved in the foundation's operations. The foundation is designated as a 501(c)(3) organization and has been tax-exempt since July 1989.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$62.4M

+6.8% YoY

Annual Giving

$2.6M

+32.1% YoY

Grant Count

43

+10.3% YoY

Avg Grant Size

$60K

+19.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To meet basic human needs while building individual and social resiliency.

The foundation seeks innovative solutions to intractable and persistent problems and strives to cultivate emerging talents and promising models.

Primary Funding Areas:

  • Arts & Culture — Supporting artistic and cultural programs that encourage participation of children and disadvantaged members of the community
  • Community Building & Social Services — Building communities and strengthening social services
  • Democracy & Civic Participation — Supporting efforts to make government more responsive and encouraging citizens to take an active interest and role in political life
  • Education — Educational initiatives and programs
  • Health — Improving the quality and delivery of healthcare services to all citizens, especially women, children, and those without access to conventional medical resources

Grantmaking

The foundation accepts Letters of Inquiry (LOIs) for its grant program. Applicants should review the foundation's FAQ page before submitting an LOI.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple states including Arizona, California, Colorado, Delaware, Florida, Illinois, Kentucky, Maryland, New Mexico, New York, Pennsylvania, Rhode Island, Texas, and Wisconsin. Major funding cities include New York, San Francisco, and Washington, D.C. However, by policy, one-third of annual grant funds must support projects in Waco, Texas.

Grant Distribution by State

17states
+9 more states

Cities

AlbuquerqueAustinBrooklynBrucevilleCambridgeChicagoChicoDallasDenverEl PasoFort WorthHoustonLewesLexingtonLos AngelesMadisonMedfordNew YorkOaklandPalm Beach Gardens

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $58.4 million
  • Annual Revenue: $1.8 million
  • Annual Expenses: $3.33 million
  • Total Liabilities: $20 million

As of 2024:

  • Total Assets: $62.4 million
  • Total Giving: $2.56 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$11M20202021202220232024
Metric202420232022
Total Assets$62,428,919$58,428,773$54,159,789
Revenue$10,377,912$1,802,476$984,542
Expenses$3,377,588$3,334,053$3,286,815
Qualifying Distributions$3,365,521$2,681,244$3,037,751
Net Investment Income$10,048,635$1,472,427$816,549
Distributable Amount$2,851,699$2,751,717$2,843,083

Giving Over Time

Total grant dollars and number of grants per year

$0$641K$1M$2M$3M28 grants202031 grants202137 grants202239 grants202343 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF TEXAS AUSTIN$504KTEXAS TRIBUNE$250KJERUSALEM FOUNDATION$214KJEWISH FEDERATION OF NOR…$214KTHE SALVATION ARMY$100KPUBLIC AGENDA$65KLA VEGA EDUCATION FOUNDA…$60KWACO SYMPHONY ASSOCIATION$52KCIVIC INFLUENCERS$50KCIVIC NATION$50K

Grant Size Distribution

178 grants across all recorded years

105<$50K48$50–100K17$100–250K7$250–500K1$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Bernard & Audre Rapoport Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Dr. Ronald Rapoport — Chairman and Trustee
  • Mark Hobbs — Executive Director

Compensation Overview

From 2024 IRS filing

MR MARK HOBBSEXECUTIVE DIRECTOR$249KDR RONALD RAPOPORTCHAIRMAN, TRUSTEE$11KMRS PATRICIA RAPOPORTTRUSTEE$11KMR WILLIAM A NESBITTSEC., TREAS., TRUSTEE$11KDR JOEL SCHWARTZTRUSTEE$11KMRSREBECCA A RAPOPOR…TRUSTEE$11KSAMUEL BAKERTRUSTEE$11KAMBASSADOR LYNDON OL…TRUSTEE$10KDR RICK BATTISTONITRUSTEE$9KDR JAMES CHESNEYTRUSTEE$7KMS EMILY RAPOPORTTRUSTEE$5K

From 2024 filing

NameTitleHoursCompensation
DR RONALD RAPOPORTCHAIRMAN, TRUSTEE3.5$11,000
MRS PATRICIA RAPOPORTTRUSTEE3.5$11,000
AMBASSADOR LYNDON OLSON JRTRUSTEE3.5$10,000
MR WILLIAM A NESBITTSEC., TREAS., TRUSTEE3.5$11,000
DR JOEL SCHWARTZTRUSTEE3.5$11,000
DR JAMES CHESNEYTRUSTEE3.5$7,000
DR RICK BATTISTONITRUSTEE3.5$9,000
MS EMILY RAPOPORTTRUSTEE3.5$5,000
MRSREBECCA A RAPOPORT-BAKERTRUSTEE3.5$11,000
SAMUEL BAKERTRUSTEE3.5$11,000
MR MARK HOBBSEXECUTIVE DIRECTOR40$249,244

Recent News & Activity

Recent developments and announcements

2023

The foundation awarded $400,000 for a Behavioral Health Initiative through the Heart of Texas Behavioral Health Network. The foundation has also funded designs for a mental health Crisis Hub in Waco. In 2023, the foundation received the Thomas G. Salome, Jr. Legacy Award presented by the Greater Waco Chamber of Commerce.

RAP Foundation Launches $1 Million Grant Initiative to Expand Mental Health

Contact Information

Address: 5400 Bosque Boulevard, Suite 302, Waco, TX 76710-4482

Phone: (254) 741-0092

Fax: (254) 741-0510

Website: rapoportfdn.org

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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