New Rhein Foundation
New Rhein Foundation is a private foundation focused on Health, based in Philadelphia, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $35K in total assets.
New Rhein Foundation at a glance
- Total assets
- $35,132
- +0.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who New Rhein Foundation funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How New Rhein Foundation gives
- In 2024 it paid out well above 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
From 2023 to 2024, annual grant giving ranged from $58K (2023) to $91K (2024). In 2024 it made 2 grants totaling $91K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Conquer Cancer The ASCO Foundation Alexandria, VA | Scientific research award | $57,500 |
| Imperial College London | Donation to scholarship awards programs with Imperial College | $33,196 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $35,132 | — | — | — | — | — | $80 |
| 2024 | $35,132 | $125,308 | $93,928 | $90,696 | 2 | $181,392 | $80 |
| 2023 | $33 | $64,000 | $63,967 | $57,500 | 1 | $57,500 | $2 |
Under IRS private-foundation payout rules, New Rhein Foundation reported a distributable amount of $80 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
New Rhein Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Subhanu Saxena
Trustee
Treasurer → Trustee, 2024
On filings since 2021
1 hr/week
No compensation reported
Nayan Gregory Parekh
Trustee
On filings since 2023
1 hr/week
No compensation reported
Former officers (3)
- Former: Amy Bevacqua (2021–2022) — Secretary
- Former: Greg Parekh (2021–2022) — Director
- Former: Ivan Gergel (2021–2022) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about New Rhein Foundation
How large is New Rhein Foundation?
New Rhein Foundation reported $35K in total assets on its 2025 IRS Form 990-PF.
What is New Rhein Foundation?
New Rhein Foundation is a private foundation focused on Health, based in Philadelphia, PA. It holds $35K in total assets as of 2025.
Where does New Rhein Foundation operate?
New Rhein Foundation has awarded grants in Virginia.
How much is New Rhein Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, New Rhein Foundation reported a distributable amount of $80 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New Rhein Foundation's EIN?
New Rhein Foundation's EIN (Employer Identification Number) is 87-2715901. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in New Rhein Foundation's focus areas in our free grants database
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New Rhein Foundation down — hundreds of funders to go?