Clarence & Margie Rainey Foundation XXX-XX-XXXX
Clarence & Margie Rainey Foundation XXX-XX-XXXX is a private foundation, based in Richmond, VA. IRS filing data is available for 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it awarded 1 grant totaling $110K. Net investment income was $64K.
Clarence & Margie Rainey Foundation XXX-XX-XXXX at a glance
In short: Clarence & Margie Rainey Foundation XXX-XX-XXXX gave $110K across 1 grant in 2025 (avg $110K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $110,000
- Grants made (2025)
- 1
- Average grant
- $110,000
- Median grant
- $110,000
- Total assets
- $1,913,160
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Clarence & Margie Rainey Foundation XXX-XX-XXXX funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was MCV Foundation ($110K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Clarence & Margie Rainey Foundation XXX-XX-XXXX gives
- In 2025 it paid out 169% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $110K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MCV Foundation Richmond, VA | Medical Research | $110,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,913,160 | $2,040,294 | $127,001 | $110,000 | 1 | $110,000 | $64,183 | $64,899 |
Under IRS private-foundation payout rules, Clarence & Margie Rainey Foundation XXX-XX-XXXX reported a distributable amount of $65K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Clarence & Margie Rainey Foundation XXX-XX-XXXX's only listed officer is TCV Trust Wealth Management, Trustee on the 2025 filing (compensated).
Officers on the 2025 filing
TCV Trust Wealth Management
Trustee
New on the 2025 filing
1 hr/week
$12K (2025)
Data from IRS Form 990 filings, 2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $12K, to TCV Trust Wealth Management (Trustee).
Frequently asked questions about Clarence & Margie Rainey Foundation XXX-XX-XXXX
How much does Clarence & Margie Rainey Foundation XXX-XX-XXXX give each year?
Clarence & Margie Rainey Foundation XXX-XX-XXXX gave $110K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Clarence & Margie Rainey Foundation XXX-XX-XXXX?
Clarence & Margie Rainey Foundation XXX-XX-XXXX reported $1.9M in total assets on its 2025 IRS Form 990-PF. It paid out $110K in qualifying distributions that year, against a required minimum of $65K (roughly 5% of its investment assets).
Where does Clarence & Margie Rainey Foundation XXX-XX-XXXX operate?
Clarence & Margie Rainey Foundation XXX-XX-XXXX has awarded grants in Virginia.
What is Clarence & Margie Rainey Foundation XXX-XX-XXXX's EIN?
Clarence & Margie Rainey Foundation XXX-XX-XXXX's EIN (Employer Identification Number) is 33-4724155. IRS Form 990 filing data is available on this page for 2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
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Figures come from Clarence & Margie Rainey Foundation XXX-XX-XXXX's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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