Rae Family Charitable Foundation Trust
Rae Family Charitable Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINTHROP, MA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $977K in total assets. In 2023, it awarded 6 grants totaling $56K. Net investment income was $5K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$977K
-6.8% YoY
Annual Giving
$56K
+15.7% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$9K
+15.7% YoY
Under IRS private-foundation payout rules, Rae Family Charitable Foundation Trust reported a distributable amount of $56K for 2023 — the minimum it must pay out in qualifying distributions.
About Rae Family Charitable Foundation Trust
Based on IRS filings
Rae Family Charitable Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINTHROP, MA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $977K in total assets. In 2023, it awarded 6 grants totaling $56K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $976,685 | $1,048,138 | $1,114,839 |
| Revenue | $35,402 | $21,526 | $73,020 |
| Expenses | $106,855 | $88,227 | $108,509 |
| Qualifying Distributions | $65,070 | $54,711 | $52,250 |
| Net Investment Income | $5,410 | $547 | $71,350 |
| Distributable Amount | $55,784 | $58,232 | $66,005 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Trinity Boston Connects ($20,000), Epiphany School ($17,000), South Boston Neighborhood House ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EPIPHANY SCHOOL DORCHESTER CTR, MA | DISCRETION OF ORGANIZATION | $17,000 |
| LOUIS D BROWN PEACE INSTITUTE DORCHESTER, MA | DISCRETION OF ORGANIZATION | $100 |
| PHILANTHROPY MASSACHUSETTS BOSTON, MA | DISCRETION OF ORGANIZATION | $775 |
| PINE STREET INN BOSTON, MA | DISCRETION OF ORGANIZATION | $8,000 |
| SOUTH BOSTON NEIGHBORHOOD HOUSE SOUTH BOSTON, MA | DISCRETION OF ORGANIZATION | $10,000 |
| TRINITY BOSTON CONNECTS BOSTON, MA | DISCRETION OF ORGANIZATION | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WAYNE JOHNSON | TRUSTEE | 10 | $45,975 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rae Family Charitable Foundation Trust?
Rae Family Charitable Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINTHROP, MA. It holds $977K in total assets as of 2023.
How large is Rae Family Charitable Foundation Trust?
As of 2023, Rae Family Charitable Foundation Trust holds $977K in total assets with $35K in annual revenue. It awarded 6 grants totaling $56K in 2023.
Where does Rae Family Charitable Foundation Trust operate?
Rae Family Charitable Foundation Trust has awarded grants in District of Columbia, Massachusetts.
What size grants does Rae Family Charitable Foundation Trust award?
In 2023, Rae Family Charitable Foundation Trust awarded 6 grants totaling $56K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Rae Family Charitable Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Rae Family Charitable Foundation Trust reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rae Family Charitable Foundation Trust's EIN?
Rae Family Charitable Foundation Trust's EIN (Employer Identification Number) is 20-7385312. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Rae Family Charitable Foundation Trust'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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