David & Kim Rainbolt Foundation
David & Kim Rainbolt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OKLAHOMA CITY, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $800K in total assets. In 2024, it awarded 9 grants totaling $48K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$800K
+0.2% YoY
Annual Giving
$48K
+32.4% YoY
Grant Count
9
-18.2% YoY
Avg Grant Size
$5K
+61.8% YoY
Under IRS private-foundation payout rules, David & Kim Rainbolt Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
About David & Kim Rainbolt Foundation
Based on IRS filings
David & Kim Rainbolt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OKLAHOMA CITY, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $800K in total assets. In 2024, it awarded 9 grants totaling $48K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $799,660 | $798,410 | $786,719 |
| Revenue | $53,569 | $52,783 | $49,954 |
| Expenses | $52,319 | $41,092 | $33,138 |
| Qualifying Distributions | $49,110 | $37,354 | $32,791 |
| Net Investment Income | $53,199 | $52,416 | $49,607 |
| Distributable Amount | $37,736 | $39,334 | $40,296 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ou Foundation ($20,000), First American Museum Foundation ($10,000), Allied Arts ($5,500).
| Recipient | Purpose | Amount |
|---|---|---|
| OU FOUNDATION NORMAN, OK | FINANCIAL SUPPORT | $20,000 |
| YMCA OF GREATER OKLAHOMA CITY OKLAHOMA CITY, OK | FINANCIAL SUPPORT | $1,500 |
| HERITAGE HALL OKLAHOMA CITY, OK | FINANCIAL SUPPORT | $5,000 |
| INFANT CRISIS SERVICES OKLAHOMA CITY, OK | FINANCIAL SUPPORT | $3,000 |
| FIRST AMERICAN MUSEUM FOUNDATION OKLAHOMA CITY, OK | FINANCIAL SUPPORT | $10,000 |
| OKLAHOMA CITY BALLET OKLAHOMA CITY, OK | FINANCIAL SUPPORT | $1,000 |
| ALLIED ARTS OKLAHOMA CITY, OK | FINANCIAL SUPPORT | $5,500 |
| OKLAHOMA MOTHERS' MILK BANK NORMAN, OK | FINANCIAL SUPPORT | $1,000 |
| COBA OKLAHOMA CITY, OK | FINANCIAL SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIM RAINBOLT | PRESIDENT | — | — |
| DAVID RAINBOLT | VP/SEC/TREAS | — | — |
| ADAM RAINBOLT | DIRECTOR | — | — |
| JAY HANNAH | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is David & Kim Rainbolt Foundation?
David & Kim Rainbolt Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OKLAHOMA CITY, OK. It holds $800K in total assets as of 2024.
How large is David & Kim Rainbolt Foundation?
As of 2024, David & Kim Rainbolt Foundation holds $800K in total assets with $54K in annual revenue. It awarded 9 grants totaling $48K in 2024.
Where does David & Kim Rainbolt Foundation operate?
David & Kim Rainbolt Foundation has awarded grants in Indiana, Oklahoma.
What size grants does David & Kim Rainbolt Foundation award?
In 2024, David & Kim Rainbolt Foundation awarded 9 grants totaling $48K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is David & Kim Rainbolt Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, David & Kim Rainbolt Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is David & Kim Rainbolt Foundation's EIN?
David & Kim Rainbolt Foundation's EIN (Employer Identification Number) is 20-8018384. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in David & Kim Rainbolt Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.