Rags for Riches Foundation logo

Rags for Riches Foundation

CULVER CITY, CA EIN: 95-4402623 Website

TO RAISE MONIES FOR CHARITIES

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$69K

-35.6% YoY

Annual Giving

$10K

-89.4% YoY

Grant Count

1

-83.3% YoY

Avg Grant Size

$10K

-36.2% YoY

About Rags for Riches Foundation

Based on IRS filings

Rags for Riches Foundation is a nonprofit organization, based in CULVER CITY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $69K in total assets. In 2024, it awarded 1 grants totaling $10K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BethesdaBeverly HillsCalabasasLas VegasLos AngelesMarina Del ReySanta BarbaraSanta MonicaSundanceTowsonWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67K$134K$201K$268K20202021202220232024
Metric202420232022
Total Assets$69,138$107,286$174,542
Revenue$69,543$80,576
Expenses$38,148$136,799$244,076
Qualifying Distributions
Net Investment Income$1
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$80K$120K$160K3 grants20201 grants202112 grants20226 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

ROD DEDEAUX FOUNDATION$10K

Grant Size Distribution

23 grants across all recorded years

23<$50K$50–100K$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 Rod Dedeaux Foundation ($10,000).

RecipientPurposeAmount
ROD DEDEAUX FOUNDATION BEVERLY HILLS, CAGENERAL SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JONATHAN GELLERPRESIDENT
MICHAEL GELLERCHIEF FINANCIAL OFFICER
MARK STEINMANSECRETARY
MARK WEINSTEINCHIEF OPERATING OFFICER

Frequently Asked Questions

How large is Rags for Riches Foundation?

As of 2024, Rags for Riches Foundation holds $69K in total assets. It awarded 1 grants totaling $10K in 2024.

Where does Rags for Riches Foundation operate?

Rags for Riches Foundation has awarded grants in California, District of Columbia, Maryland, Nevada, Utah.

What size grants does Rags for Riches Foundation award?

In 2024, Rags for Riches Foundation awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

What is Rags for Riches Foundation's EIN?

Rags for Riches Foundation's EIN (Employer Identification Number) is 95-4402623. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Rags for Riches Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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