RAE Family Foundation
RAE Family Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $959K in total assets. In 2024, it awarded 3 grants totaling $61K. Net investment income was $88K.
RAE Family Foundation at a glance
In short: RAE Family Foundation gave $61K across 3 grants in 2024 (avg $20K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $60,500
- +21.0% vs 2023
- Grants made (2024)
- 3
- +50.0% vs 2023
- Average grant
- $20,167
- -19.3% vs 2023
- Median grant
- $25,000
- Total assets
- $958,707
- +2.6% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who RAE Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Harvey Mudd College ($25K). Together the top 3 received $61K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How RAE Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (+1%). Method
- In 2024 it paid out 112% of 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 2020 to 2024, annual grant giving ranged from $35K (2020) to $61K (2024). In 2024 it made 3 grants totaling $61K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harvey Mudd College Claremont, CA | Higher Education | $25,000 |
| The Broad Stage Santa Monica, CA | General Support | $25,000 |
| Sima Studios West Hollywood, CA | General Support | $10,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $958,707 | $103,312 | $78,998 | $60,500 | 3 | $64,000 | $88,314 | $57,227 |
| 2023 | $934,393 | $68,231 | $62,959 | $50,000 | 2 | $50,000 | $57,272 | $50,585 |
| 2022 | $929,121 | $96,682 | $68,347 | $50,000 | 2 | $55,200 | $86,335 | $49,855 |
| 2021 | $900,786 | $135,287 | $73,564 | $60,000 | 3 | $60,000 | $121,973 | $57,159 |
| 2020 | $839,063 | $39,591 | $47,549 | $35,000 | 2 | — | $30,857 | $46,287 |
Under IRS private-foundation payout rules, RAE Family Foundation reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
RAE Family Foundation is led by Gregory Rae, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gregory Rae
President
On filings since 2020
1 hr/week
No compensation reported
Jill Rae
Officer
On filings since 2020
No compensation reported
Justin Rae
Officer
On filings since 2020
No compensation reported
Kevin Rae
Officer
On filings since 2020
No compensation reported
Stephen Rae
Officer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 RAE Family Foundation
How much does RAE Family Foundation give each year?
RAE Family Foundation gave $61K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $50K across 2 grants.
What is RAE Family Foundation's typical grant size?
RAE Family Foundation's median grant in 2024 was $25,000, and its average grant was $20,167, across 3 grants on its 2024 IRS Form 990-PF.
Where does RAE Family Foundation give grants?
RAE Family Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does RAE Family Foundation give general operating support?
Yes: 67% of RAE Family Foundation's 2024 grants with a stated purpose (2 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is RAE Family Foundation?
RAE Family Foundation reported $959K in total assets on its 2024 IRS Form 990-PF. It paid out $64K in qualifying distributions that year, against a required minimum of $57K (roughly 5% of its investment assets).
What is RAE Family Foundation's EIN?
RAE Family Foundation's EIN (Employer Identification Number) is 13-4350630. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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