Rager Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 87-2638827

Rager Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $280K in total assets. Net investment income was $4K.

Rager Foundation at a glance

Total assets
$279,550
+3017.9% vs 2023
Revenue (2024)
$298,583
+2771.5% vs 2023
Net investment income (2024)
$4,003
+921.2% vs 2023
Expenses (2024)
$4,985
+77.0% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Rager Foundation funds

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

MontchaninMontvaleWilmington

How Rager Foundation gives

  • In 2022 it paid out well above 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

$0$5K$10K$15K$20K0 grants2021 3 grants2022 0 grants2023 0 grants2024

In 2022 it made 3 grants totaling $16K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Reproductive Possibilities Montvale, NJReproductive Science R&D$14,200
Htas Montchanin, DEWater, Land and Farm Preservation$1,100
Wilmington Club Wilmington, DEGift to Wilmington Historic House$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$279,550$298,583$4,985———$4,003$7,049
2023$8,966$10,398$2,816———$392$370
2022$1,384$21,070$19,686$15,8003$15,800$5$68

Under IRS private-foundation payout rules, Rager Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Rager Foundation is led by Danielle Lunger, Chairwoman on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Danielle Lunger

    Chairwoman

    On filings since 2021

    15 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Rager Foundation

How large is Rager Foundation?

Rager Foundation reported $280K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $299K.

Where does Rager Foundation operate?

Rager Foundation has awarded grants in Delaware, New Jersey.

How much is Rager Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rager Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rager Foundation's EIN?

Rager Foundation's EIN (Employer Identification Number) is 87-2638827. IRS Form 990 filing data is available on this page for 2021–2024.

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

  1. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Rager Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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