Rain Foundation
Rain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERMAN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $295K in total assets. In 2024, it awarded 1 grants totaling $8K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$295K
+34.5% YoY
Annual Giving
$8K
+100.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$8K
+100.0% YoY
Under IRS private-foundation payout rules, Rain Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.
About Rain Foundation
Based on IRS filings
Rain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERMAN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $295K in total assets. In 2024, it awarded 1 grants totaling $8K. Net investment income was $9K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $294,539 | $218,934 | $142,362 |
| Revenue | $86,652 | $88,999 | $79,977 |
| Expenses | $10,860 | $12,488 | $4,581 |
| Qualifying Distributions | $8,795 | $11,137 | $2,569 |
| Net Investment Income | $9,419 | $3,054 | — |
| Distributable Amount | $12,501 | $7,113 | $3,255 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Princess Promise ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Princess Promise Mckinney, TX | General Operating | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ashley V Plauche | PRESIDENT | 1 | — |
| HUNTER PLAUCHE | Vice President | 1 | — |
| Avalon Bertholf | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rain Foundation?
Rain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERMAN, TX. It holds $295K in total assets as of 2024.
How large is Rain Foundation?
As of 2024, Rain Foundation holds $295K in total assets with $87K in annual revenue. It awarded 1 grants totaling $8K in 2024.
Where does Rain Foundation operate?
Rain Foundation has awarded grants in Illinois, Texas.
What size grants does Rain Foundation award?
In 2024, Rain Foundation awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Rain Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rain Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rain Foundation's EIN?
Rain Foundation's EIN (Employer Identification Number) is 85-3431687. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rain Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.