Carol & Charles Rini Family Foundation

WESTLAKE, OH EIN: 34-1847507

Carol & Charles Rini Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 12 grants totaling $149K. Net investment income was $114K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-2.7% YoY

Annual Giving

$149K

-65.0% YoY

Grant Count

12

+20.0% YoY

Avg Grant Size

$12K

-70.9% YoY

Under IRS private-foundation payout rules, Carol & Charles Rini Family Foundation reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.

About Carol & Charles Rini Family Foundation

Based on IRS filings

Carol & Charles Rini Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 12 grants totaling $149K. Net investment income was $114K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

ClevelandLakewoodLyndhurstMentorRocky RiverWestlake

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$131K$263K$394K$526K20202021202220232024
Metric202420232022
Total Assets$1,337,234$1,374,380$1,811,262
Revenue$142,433$41,278$97,546
Expenses$179,579$478,160$183,277
Qualifying Distributions$151,492$425,200$144,000
Net Investment Income$114,202$64,115
Distributable Amount$86,860$90,710$96,995

Giving Over Time

Total grant dollars and number of grants per year

$0$106K$213K$319K$425K11 grants202011 grants202116 grants202210 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MAGNIFICAT HIGH SCHOOL$30KCLEVELAND CENTRAL CATHOLIC$25KLAURA'S HOME WOMEN'S CRI…$25KLAKE CATHOLIC HIGH SCHOOL$14KCOMMUNITY WEST FOUNDATION$10KST IGNATIUS HIGH SCHOOL$10KST JOSEPH ACADEMY$10KMAY DUGAN CENTER$5KST ANGELA MERICI CHURCH$5KST EDWARD HIGH SCHOOL$5K

Grant Size Distribution

60 grants across all recorded years

57<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Magnificat High School ($30,000), Cleveland Central Catholic ($25,000), Laura's Home Women's Crisis Center ($25,000).

RecipientPurposeAmount
CLEVELAND CENTRAL CATHOLIC CLEVELAND, OHGENERAL NEEDS OR PURPOSE$25,000
COMMUNITY WEST FOUNDATION CLEVELAND, OHGENERAL NEEDS OR PURPOSE$10,000
MAGNIFICAT HIGH SCHOOL ROCKY RIVER, OHGENERAL NEEDS OR PURPOSE$30,000
MAY DUGAN CENTER CLEVELAND, OHGENERAL NEEDS OR PURPOSE$5,000
ST ANGELA MERICI CHURCH CLEVELAND, OHGENERAL NEEDS OR PURPOSE$5,000
ST EDWARD HIGH SCHOOL LAKEWOOD, OHGENERAL NEEDS OR PURPOSE$5,000
ST IGNATIUS HIGH SCHOOL CLEVELAND, OHGENERAL NEEDS OR PURPOSE$10,000
ST JOSEPH ACADEMY CLEVELAND, OHGENERAL NEEDS OR PURPOSE$10,000
URBAN COMMUNITY SCHOOL CLEVELAND, OHGENERAL NEEDS OR PURPOSE$5,000
WESTSIDE CATHOLIC CENTER CLEVELAND, OHGENERAL NEEDS OR PURPOSE$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROL ANN RINITRUSTEE2
CHARLES A RINI JRTRUSTEE1
CHRISTINE A RINI SLYMANTRUSTEE1
NICOLE A RINITRUSTEE1
THERESA A RINI SIMMSTRUSTEE1
THOMAS M RINITRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carol & Charles Rini Family Foundation?

Carol & Charles Rini Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, OH. It holds $1.3M in total assets as of 2024.

How large is Carol & Charles Rini Family Foundation?

As of 2024, Carol & Charles Rini Family Foundation holds $1.3M in total assets with $142K in annual revenue. It awarded 12 grants totaling $149K in 2024.

Where does Carol & Charles Rini Family Foundation operate?

Carol & Charles Rini Family Foundation has awarded grants in Ohio.

What size grants does Carol & Charles Rini Family Foundation award?

In 2024, Carol & Charles Rini Family Foundation awarded 12 grants totaling $149K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Carol & Charles Rini Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carol & Charles Rini Family Foundation reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carol & Charles Rini Family Foundation's EIN?

Carol & Charles Rini Family Foundation's EIN (Employer Identification Number) is 34-1847507. IRS Form 990 filing data is available on this page for 2020–2024.

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

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