Rachel Foundation Inc
Rachel Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Watchung, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $250K in total assets. In 2025, it awarded 12 grants totaling $19K. Net investment income was $24K.
Key facts about Rachel Foundation Inc
In short: Rachel Foundation Inc gave $19K across 12 grants in 2025 (avg $2K), top state Florida. 58% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 73-1629566
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $18,895
- Grants made (2025)
- 12
- Average grant
- $1,575
- Median grant
- $625
- New grantees (estimate)
- 58% first-time grantees (7 of 12, 2025)
- Total assets
- $250,453
- Primary geography
- Florida (26% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$250K
+9.1% YoY
Annual Giving
$19K
+0.2% YoY
Grant Count
12
+20.0% YoY
Avg Grant Size
$2K
-16.5% YoY
Under IRS private-foundation payout rules, Rachel Foundation Inc reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.
Is Rachel Foundation Inc open to new grantees?
58%
first-time grantees, 2025
In 2025, 7 of 12 grantees (58%) were first-time recipients. First grants averaged $489; repeat grants $3K. How we count
Medians: $225 first-time, $4K repeat.
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| OPERATION NEW UNIFORM Jacksonville, FL | CHARITABLE | $5,000 |
| COMPASSION INTL Colorado Springs, CO | CHARITABLE | $4,320 |
| CALVARY CHAPEL Point Pleasant Beach, NJ | CHARITABLE | $4,000 |
| SAMARITANS PURSE Boone, NC | CHARITABLE | $2,000 |
| COLLEGE OF CHARLESTION CHARITY Charleston, SC | CHARITABLE | $1,500 |
| TURNIING POINT USA Phoenix, AZ | CHARITABLE | $1,000 |
| TUNNEL TO TOWERS Staten Island, NY | CHARITABLE | $250 |
| ST JUDES CHILDRENS HOSPITAL Memphis, TN | CHARITABLE | $225 |
| SEA GIRT FIRE COMPANY Sea Girt, NJ | CHARTIABLE | $200 |
| YOUNG VISION GIVING Boone, IA | CHARITABLE | $150 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $250,453 | $229,475 | $208,894 |
| Revenue | $41,204 | $34,490 | $9,255 |
| Expenses | $20,226 | $20,310 | $15,127 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $24,307 | $2,452 | $7,568 |
| Distributable Amount | $14,572 | $11,649 | $9,869 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 27, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Rachel Foundation Inc is led by Maria Alberto, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Maria Alberto
President
On filings since 2020
15 hrs/week
No compensation reported
Charles Alberto III
Secytreasurer
On filings since 2020
10 hrs/week
No compensation reported
Former officers (1)
- Former: Charles M. Alberto Jr. (2020) — Vice President
Data from IRS Form 990 filings, 2020–2025. "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 Rachel Foundation Inc
How much does Rachel Foundation Inc give each year?
Rachel Foundation Inc gave $19K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $19K across 10 grants.
What is Rachel Foundation Inc's typical grant size?
Rachel Foundation Inc's median grant in 2025 was $625, and its average grant was $1,575, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Rachel Foundation Inc that year got $489 on average.
Where does Rachel Foundation Inc give grants?
Rachel Foundation Inc's top state is Florida, with 26% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Colorado (23%) and New Jersey (22%). The most frequent recipient cities were Boone, IA (2 grants).
Does Rachel Foundation Inc give general operating support?
Not in 2025: none of the 12 grants with a stated purpose on Rachel Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (11 grants).
Who are Rachel Foundation Inc's largest grantees?
Rachel Foundation Inc's largest 2025 grantees include Operation New Uniform ($5,000), Compassion Intl ($4,320) and Calvary Chapel ($4,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.
How large is Rachel Foundation Inc?
Rachel Foundation Inc reported $250K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $41K.
What is Rachel Foundation Inc?
Rachel Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Watchung, NJ. It holds $250K in total assets as of 2025.
How much is Rachel Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Rachel Foundation Inc reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rachel Foundation Inc's EIN?
Rachel Foundation Inc's EIN (Employer Identification Number) is 73-1629566. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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