New Rhein Foundation is a private foundation focused on Health, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $35K in total assets. In 2024, it awarded 2 grants totaling $91K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35K
+106360.6% YoY
Annual Giving
$91K
+57.7% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$45K
-21.1% YoY
Under IRS private-foundation payout rules, New Rhein Foundation reported a distributable amount of $80 for 2024 — the minimum it must pay out in qualifying distributions.
About New Rhein Foundation
Based on IRS filings
New Rhein Foundation is a private foundation focused on Health, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $35K in total assets. In 2024, it awarded 2 grants totaling $91K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,132 | $33 | — |
| Revenue | $125,308 | $64,000 | — |
| Expenses | $93,928 | $63,967 | — |
| Qualifying Distributions | $181,392 | $57,500 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $80 | $2 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Conquer Cancer The ASCO Foundation ($57,500), Imperial College London ($33,196).
| Recipient | Purpose | Amount |
|---|---|---|
| Imperial College London | Donation to scholarship awards programs with Imperial College | $33,196 |
| Conquer Cancer The ASCO Foundation Alexandria, VA | Scientific research award | $57,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Nayan Greg Parekh | Trustee | 1 | — |
| Subhanu Saxena | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 2024.
How large is New Rhein Foundation?
As of 2024, New Rhein Foundation holds $35K in total assets with $125K in annual revenue. It awarded 2 grants totaling $91K in 2024.
Where does New Rhein Foundation operate?
New Rhein Foundation has awarded grants in Virginia.
What size grants does New Rhein Foundation award?
In 2024, New Rhein Foundation awarded 2 grants totaling $91K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is New Rhein Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, 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 2021–2024.
Explore Open Grants
Browse active grant opportunities in New Rhein 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.
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