Rackham Foundation Limited

LEESBURG, VA EIN: 27-2372725

Rackham Foundation Limited is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEESBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 12 grants totaling $207K. Net investment income was $59K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-6.4% YoY

Annual Giving

$207K

-20.8% YoY

Grant Count

12

-14.3% YoY

Avg Grant Size

$17K

-7.6% YoY

Under IRS private-foundation payout rules, Rackham Foundation Limited reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.

About Rackham Foundation Limited

Based on IRS filings

Rackham Foundation Limited is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEESBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 12 grants totaling $207K. Net investment income was $59K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

Albert LeaAlexandriaArlingtonChicagoFalls ChurchLos AngelesNew YorkOwings MillsSeattleSilver SpringWalthamWarrentonWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$627K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$2,093,952$2,236,402$2,679,308
Revenue$71,352$-96,460$5,888
Expenses$266,439$331,080$247,033
Qualifying Distributions$254,581$320,611$216,158
Net Investment Income$59,494$33,792$46,939
Distributable Amount$108,919$111,848$123,578

Giving Over Time

Total grant dollars and number of grants per year

$0$65K$131K$196K$262K10 grants202016 grants202115 grants202214 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF SHEFFIELD …$145KRESOLUTION SYSTEMS INSTI…$45KBREM FOUNDATION TO DEFEA…$5KWEIZMANN INSTITUTE OF SC…$5KPRO PUBLICA$2KCOSMOS CLUB FOUNDATION$1KINOVA$1KMPT$1KREPRO RISING VIRGINIA (P…$1KAMERICAN BAR ASSOCIATION$1K

Grant Size Distribution

67 grants across all recorded years

62<$50K3$50–100K2$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 University of Sheffield in America ($145,259), Resolution Systems Institute ($44,500), Brem Foundation to Defeat Breast Cancer ($5,000).

RecipientPurposeAmount
BREM FOUNDATION TO DEFEAT BREAST CANCER SILVER SPRING, MDGENERAL SUPPORT$5,000
CENTER FOR SCIENCE IN THE PUBLIC INTEREST WASHINGTON, DCGENERAL SUPPORT$500
COSMOS CLUB FOUNDATION WASHINGTON, DCGENERAL SUPPORT$1,000
INOVA FALLS CHURCH, VAGENERAL SUPPORT$1,000
MPT OWINGS MILLS, MDGENERAL SUPPORT$1,000
PRO PUBLICA NEW YORK, NYGENERAL SUPPORT$2,000
REPRO RISING VIRGINIA (PRO CHOICE VIRGINIA) ALEXANDRIA, VAGENERAL SUPPORT$1,000
RESOLUTION SYSTEMS INSTITUTE CHICAGO, ILMEDIATION BEHAVIOR ANALYSIS RESEARCH$44,500
UNIVERSITY OF SHEFFIELD IN AMERICA SEATTLE, WAINVESTIGATIVE JOURNALISM PROJECT $72,759CHANGE LABS PROJECT $72,500$145,259
WEIZMANN INSTITUTE OF SCIENCE GENERAL SUPPORT$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NEIL RACKHAMPRESIDENT1
KATHRYN SCHNABLETREASURER1
AVA ABRAMOWITZSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Rackham Foundation Limited?

Rackham Foundation Limited is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEESBURG, VA. It holds $2.1M in total assets as of 2024.

How large is Rackham Foundation Limited?

As of 2024, Rackham Foundation Limited holds $2.1M in total assets with $71K in annual revenue. It awarded 12 grants totaling $207K in 2024.

Where does Rackham Foundation Limited operate?

Rackham Foundation Limited has awarded grants in California, District of Columbia, Illinois, Massachusetts, Maryland, Minnesota, New York, Virginia, Washington.

What size grants does Rackham Foundation Limited award?

In 2024, Rackham Foundation Limited awarded 12 grants totaling $207K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Rackham Foundation Limited required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rackham Foundation Limited reported a distributable amount of $109K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rackham Foundation Limited's EIN?

Rackham Foundation Limited's EIN (Employer Identification Number) is 27-2372725. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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