Rain Foundation

Private foundation · Grantmaker Sherman, TX EIN: 85-3431687

Rain Foundation is a private foundation, based in Sherman, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $423K in total assets. In 2025, it awarded 1 grant totaling $3K. Net investment income was $23K.

Rain Foundation at a glance

In short: Rain Foundation gave $3K across 1 grant in 2025 (avg $3K), mostly in Texas. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$3,000
-62.5% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$3,000
-62.5% vs 2024
Median grant
$3,000
Total assets
$423,425
+43.8% vs 2024
Primary geography
Texas (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Rain Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Princess Promise: $3KPrincess Promise$3K

The largest 2025 recipient was Princess Promise ($3K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

MckinneyChicagoMundelein

How Rain Foundation gives

  • In 2025 it paid out 20% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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$2K$4K$6K$8K0 grants2020 1 grant2021 0 grants2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $2K (2021) to $8K (2024). In 2025 it made 1 grant totaling $3K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Princess Promise Mckinney, TXGeneral Operating$3,000
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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
2025$423,425$136,355$6,464$3,0001$3,508$23,289$17,391
2024$294,539$86,652$10,860$8,0001$8,795$9,419$12,501
2023$218,934$88,999$12,488$4,0001$11,137$3,054$7,113
2022$142,362$79,977$4,581——$2,569—$3,255
2021$67,039$68,530$3,816$2,1751$3,816—$212
2020$2,325$10,000$7,675————$9

Under IRS private-foundation payout rules, Rain Foundation reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Rain Foundation is led by Ashley V Plauche, President on every filing since 2023; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ashley V Plauche

    President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Avalon Bertholf

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Hunter Plauche

    Vice President

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Ashley V Hoffmann (2020–2022) — President
  • Former: Kimberly A Hoffmann (2020) — President
  • Former: Kimberly M Pinsel (2020) — Vice President

Data from IRS Form 990 filings, 2020–2025. "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 Rain Foundation

How much does Rain Foundation give each year?

Rain Foundation gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 1 grant.

How large is Rain Foundation?

Rain Foundation reported $423K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Rain Foundation operate?

Rain Foundation has awarded grants in Illinois, Texas.

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 2020–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 7, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 17, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)

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

Figures come from Rain 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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