Michael and Chandra Rudd Foundation Inc

Private foundation · Grantmaker Sunny Isles Beach, FL EIN: 61-1293806

Michael and Chandra Rudd Foundation Inc is a private foundation based in Sunny Isles Beach, Florida. In 2024, it awarded $398,000 through 27 grants to organizations working in areas that include the arts, Jewish community services, civil rights, education, and social services.

Key facts about Michael and Chandra Rudd Foundation Inc

In short: Michael and Chandra Rudd Foundation Inc gave $398K across 27 grants in 2024 (avg $15K), mostly in Florida. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
61-1293806
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$398,000
Grants made (2024)
27
Average grant
$14,741
Median grant
$10,000
New grantees (estimate)
44% first-time grantees (12 of 27, 2024)
Total assets
$19,152,223
Primary geography
Florida (62% of itemized 2024 grant dollars)
How to apply
Contact Michael D. Full details ↓
Deadline
No submission deadlines.

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

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.

Is Michael and Chandra Rudd Foundation Inc open to new grantees?

44%

first-time grantees, 2024

In 2024, 12 of 27 grantees (44%) were first-time recipients. First grants averaged $9K; repeat grants $19K. How we count

Medians: $7K first-time, $10K repeat.

  • 48% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+13%). Method
  • In 2024 it paid out 35% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for arts and cultural organizations, Jewish organizations, civil rights work, education, and services for people in need. For example, the Institute of Contemporary Art Miami describes its mission as promoting contemporary artists and the exchange of art and ideas; the Greater Miami Jewish Federation says it mobilizes resources to care for people in need and strengthen Jewish life; and Manna Meal says it provides meals to people in Charleston, West Virginia.

Grantmaking

In 2024, the foundation made 27 grants totaling $398,000. Grant amounts ranged from $1,000 to $110,000, with a median grant of $10,000. The largest award was $110,000 to the Institute of Contemporary Art Miami to support artists and exhibitions. Other notable grants included $25,000 each to the American Civil Liberties Union Foundation of Florida, Greater Miami Jewish Federation, Lotus House Shelter, Louisville Orchestra, San Francisco Opera Foundation, and University of California San Francisco Foundation.

Review Cycle

No submission deadlines.

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Geographic Focus

Where this funder awards grants

In 2024, Florida received 62% of grant dollars, California 20%, Kentucky 8%, New York 4%, and Massachusetts 3%.

Grant Distribution by State

11states

Share of 2024 grant dollars across all 27 itemized grants.

Cities

San FranciscoMiamiNew YorkLouisvilleClevelandLos AngelesBostonWashingtonBedminsterBerkeleyCharlestonCoral GablesHazardMiami BeachMontgomeryNorth MiamiPalmetto BayPippa PassesSaint CharlesSarasota

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K14 grants2020 19 grants2021 8 grants2022 17 grants2023 27 grants2024

From 2020 to 2024, annual grant giving ranged from $247K (2022) to $398K (2024). In 2024 it made 27 grants totaling $398K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Institute of Contemporary Art Miami: $110KInstitute of Contemporary ArtMiami$110KAmerican Civil Liberties Union Foundation of Florida Inc: $25KAmerican Civil Liberties UnionFoundation of Florida Inc$25KGreater Miami Jewish Federation: $25KGreater Miami JewishFederation$25KLotus House Shelter: $25KLotus House Shelter$25KLouisville Orchestra: $25KLouisville Orchestra$25KSan Francisco Opera Foundation: $25KSan Francisco Opera Foundation$25KUniversity of California San Francisco Foundation: $25KUniversity of California SanFrancisco Foundation$25KNew World Symphony Inc: $20KNew World Symphony Inc$20KCenter for the Advancement of Jewish Education: $10KCenter for the Advancement ofJewish Education$10KFacing History Facing Ourselves: $10KFacing History FacingOurselves$10K

The largest 2024 recipient was Institute of Contemporary Art Miami ($110K). Together the top 10 received $300K.

Grant Size Distribution

85 grants across all recorded years

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

The most common grant size was under $50K: 75 grants of 85 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Institute of Contemporary Art Miami Miami, FLSupport Artists and the Exhibitions$110,000
American Civil Liberties Union Foundation of Florida Inc Coral Gables, FLSupport civil rights, voting rights and immigration rights in Florida$25,000
Greater Miami Jewish Federation Miami, FLSupport overseas programs and services for jewish people worldwide$25,000
Lotus House Shelter Miami, FLSupport the women and children who live at the shelter$25,000
Louisville Orchestra Louisville, KYSupport the Music and Education Programs$25,000
San Francisco Opera Foundation San Francisco, CASupport the Operations of the Opera$25,000
University of California San Francisco Foundation San Francisco, CATo Support Student Programs$25,000
New World Symphony Inc Miami Beach, FLSupport the Fellowship Program$20,000
Center for the Advancement of Jewish Education Miami, FLSupport the quality of jewish learning for all ages$10,000
Facing History Facing Ourselves Boston, MASupports teachers in promoting student engagement, critical thinking and emotional learning$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $19,152,223 $792,141 $460,576 $398,000
2023 $18,820,658 $15,174,413 $320,735 $272,500
2022 $3,966,980 $309,579 $300,417 $247,000

The foundation made 27 grants in 2024, 17 in 2023, and 8 in 2022.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Michael D. Rudd as president, Chandra Z. Rudd as secretary/treasurer, and Pamela Z. Rigg as director.

Michael and Chandra Rudd Foundation Inc is led by Michael D. Rudd, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael D. Rudd

    President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Pamela Z. Rigg

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Chandra Z. Rudd

    Secretary & Treasurer

    On filings since 2020

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Michael D Rudd
Mailing address: 4344 Poplar Level Rd, Louisville, KY 40213
Phone: (502) 456-4050

Frequently asked questions about Michael and Chandra Rudd Foundation Inc

How much does Michael and Chandra Rudd Foundation Inc give each year?

Michael and Chandra Rudd Foundation Inc gave $398K across 27 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $273K across 17 grants.

What is Michael and Chandra Rudd Foundation Inc's typical grant size?

Michael and Chandra Rudd Foundation Inc's median grant in 2024 was $10,000, and its average grant was $14,741, across 27 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Michael and Chandra Rudd Foundation Inc that year got $9K on average.

Where does Michael and Chandra Rudd Foundation Inc give grants?

Michael and Chandra Rudd Foundation Inc gives mostly in Florida: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (20%) and Kentucky (8%). The most frequent recipient cities were Miami, FL (5 grants), San Francisco, CA (5 grants) and New York, NY (3 grants).

Does Michael and Chandra Rudd Foundation Inc give general operating support?

Not in 2024: none of the 27 grants with a stated purpose on Michael and Chandra Rudd Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support the Operations of the Museum" (3 grants).

Who are Michael and Chandra Rudd Foundation Inc's largest grantees?

Michael and Chandra Rudd Foundation Inc's largest 2024 grantees include Institute of Contemporary Art Miami ($110,000), American Civil Liberties Union Foundation of Florida Inc ($25,000) and Greater Miami Jewish Federation ($25,000), according to its 2024 IRS Form 990-PF. Together they received 40% of its itemized 2024 grant dollars.

How large is Michael and Chandra Rudd Foundation Inc?

Michael and Chandra Rudd Foundation Inc reported $19.2M in total assets on its 2024 IRS Form 990-PF. It paid out $398K in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Michael and Chandra Rudd Foundation Inc fund?

No mission statement for the foundation is provided. Its 2024 grants show support for arts and cultural organizations, Jewish organizations, civil rights work, education, and services for people in need. See mission & focus areas ↑

How do I apply for a grant from Michael and Chandra Rudd Foundation Inc?

Contact Michael D. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

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

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