Michael and Chandra Rudd Foundation Inc

SUNNY ISLES BEACH, FL EIN: 61-1293806

Michael and Chandra Rudd Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUNNY ISLES BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.2M in total assets. In 2024, it awarded 27 grants totaling $398K. Net investment income was $743K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.2M

+1.8% YoY

Annual Giving

$398K

+46.1% YoY

Grant Count

27

+58.8% YoY

Avg Grant Size

$15K

-8.0% YoY

Under IRS private-foundation payout rules, Michael and Chandra Rudd Foundation Inc reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

About Michael and Chandra Rudd Foundation Inc

Based on IRS filings

Michael and Chandra Rudd Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUNNY ISLES BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.2M in total assets. In 2024, it awarded 27 grants totaling $398K. Net investment income was $743K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

BedminsterBerkeleyBostonCharlestonClevelandCoral GablesHazardLos AngelesLouisvilleMiamiMiami BeachMontgomeryNew YorkNorth MiamiPalmetto BayPippa PassesSaint CharlesSan FranciscoSarasotaTallahassee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$13M$17M20202021202220232024
Metric202420232022
Total Assets$19,152,223$18,820,658$3,966,980
Revenue$792,141$15,174,413$309,579
Expenses$460,576$320,735$300,417
Qualifying Distributions$398,000$272,500$247,000
Net Investment Income$743,103$126,178$251,573
Distributable Amount$1,124,034$348,924$313,629

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$199K$299K$398K14 grants202019 grants20218 grants202217 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

INSTITUTE OF CONTEMPORAR…$110KAMERICAN CIVIL LIBERTIES…$25KGREATER MIAMI JEWISH FED…$25KLOTUS HOUSE SHELTER$25KLOUISVILLE ORCHESTRA$25KSAN FRANCISCO OPERA FOUN…$25KUNIVERSITY OF CALIFORNIA…$25KNEW WORLD SYMPHONY INC$20KCENTER FOR THE ADVANCEME…$10KFACING HISTORY FACING OU…$10K

Grant Size Distribution

85 grants across all recorded years

75<$50K5$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Institute of Contemporary Art Miami ($110,000), American Civil Liberties Union Foundation of Florida Inc ($25,000), Greater Miami Jewish Federation ($25,000).

RecipientPurposeAmount
1000 FRIENDS OF FLORIDA INC TALLAHASSEE, FLHELP EDUCATE FLORIDIANS ABOUT COMMUNITY PROJECTS$5,000
AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF FLORIDA INC CORAL GABLES, FLSUPPORT CIVIL RIGHTS, VOTING RIGHTS AND IMMIGRATION RIGHTS IN FLORIDA$25,000
ANTI-COUNTERFEITING EDUCATIONAL FOUNDATION BEDMINSTER, NJASSISTS LAW ENFORCEMENT WITH EDUCATING THE PUBLIC ABOUT COUNTERFEITERS$5,000
CENTER FOR THE ADVANCEMENT OF JEWISH EDUCATION MIAMI, FLSUPPORT THE QUALITY OF JEWISH LEARNING FOR ALL AGES$10,000
DELANCEY STREET FOUNDATION SAN FRANCISCO, CASUPPORT THE RESIDENTIAL LIVING FOR SUBSTANCE ABUSERS, EX-CONVICTS, HOMELESS AND OTHERS$5,000
DUCHESNE HIGH SCHOOL SAINT CHARLES, MOSCHOLARSHIPS$8,000
FACING HISTORY FACING OURSELVES BOSTON, MASUPPORTS TEACHERS IN PROMOTING STUDENT ENGAGEMENT, CRITICAL THINKING AND EMOTIONAL LEARNING$10,000
FINE ARTS MUSEUMS OF SAN FRANCISCO SAN FRANCISCO, CASUPPORT THE OPERATIONS OF THE MUSEUM$10,000
FLORIDA AUDUBON SOCIETY INC MIAMI, FLHELP PROTECT BIRDS AND THEIR HABITATS$5,000
GREATER MIAMI JEWISH FEDERATION MIAMI, FLSUPPORT OVERSEAS PROGRAMS AND SERVICES FOR JEWISH PEOPLE WORLDWIDE$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL D RUDDPRESIDENT0.1
CHANDRA Z RUDDSECRETARY/TREASURER0.1
PAMELA Z RIGGDIRECTOR0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Michael and Chandra Rudd Foundation Inc?

Michael and Chandra Rudd Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUNNY ISLES BEACH, FL. It holds $19.2M in total assets as of 2024.

How large is Michael and Chandra Rudd Foundation Inc?

As of 2024, Michael and Chandra Rudd Foundation Inc holds $19.2M in total assets with $792K in annual revenue. It awarded 27 grants totaling $398K in 2024.

Where does Michael and Chandra Rudd Foundation Inc operate?

Michael and Chandra Rudd Foundation Inc has awarded grants in Alabama, California, District of Columbia, Florida, Kentucky, Massachusetts, Missouri, New Jersey, New York, Ohio, West Virginia.

What size grants does Michael and Chandra Rudd Foundation Inc award?

In 2024, Michael and Chandra Rudd Foundation Inc awarded 27 grants totaling $398K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is Michael and Chandra Rudd Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael and Chandra Rudd Foundation Inc reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael and Chandra Rudd Foundation Inc's EIN?

Michael and Chandra Rudd Foundation Inc's EIN (Employer Identification Number) is 61-1293806. 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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