Raina Family Foundation Inc
Raina Family Foundation Inc is a private foundation, based in San Diego, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $194K in total assets. In 2024, it awarded 4 grants totaling $114K. Net investment income was $1K.
Raina Family Foundation Inc at a glance
In short: Raina Family Foundation Inc gave $114K across 4 grants in 2024 (avg $29K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $114,406
- +472.0% vs 2023
- Grants made (2024)
- 4
- +0.0% vs 2023
- Average grant
- $28,602
- +472.0% vs 2023
- Median grant
- $30,000
- Total assets
- $193,884
- +451.5% vs 2023
- Primary geography
- Florida (90% 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 Raina Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Mindsonlearning ($53K). Together the top 4 received $114K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 7 grants of 10 (70%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Raina Family Foundation Inc gives
- In 2024 it paid out 560% 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 2022 to 2024, annual grant giving ranged from $20K (2023) to $180K (2022). In 2024 it made 4 grants totaling $114K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mindsonlearning Hallandale Beach, FL | Charitable Contribution | $53,406 |
| Koshurraag Inc Parkland, FL | Charitabel Contribution | $50,000 |
| Lewis D and T Foundation Dallas, TX | Charitable Contribution | $10,000 |
| Marine Corps Heritage Foundation Triangle, VA | Charitable Contribution | $1,000 |
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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 | $193,884 | $83,725 | $127,657 | $114,406 | 4 | $114,406 | $1,115 | $20,425 |
| 2023 | $35,155 | $38,351 | $20,175 | $20,000 | 4 | $20,000 | $767 | $2,237 |
| 2022 | $56,702 | $145,883 | $180,175 | $180,000 | 2 | $180,000 | $2,178 | $8,583 |
| 2021 | $260,179 | $260,410 | $231 | — | — | — | — | — |
Under IRS private-foundation payout rules, Raina Family Foundation Inc reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Raina Family Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gaurav P. Raina
Trustee
On filings since 2021
No compensation reported
Sushma Kaul
Trustee
On filings since 2021
No compensation reported
Former officers (1)
- Former: Suresh Raina (2021–2023) — Trustee
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 Raina Family Foundation Inc
How much does Raina Family Foundation Inc give each year?
Raina Family Foundation Inc gave $114K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $20K across 4 grants.
What is Raina Family Foundation Inc's typical grant size?
Raina Family Foundation Inc's median grant in 2024 was $30,000, and its average grant was $28,602, across 4 grants on its 2024 IRS Form 990-PF.
Where does Raina Family Foundation Inc give grants?
Raina Family Foundation Inc gives mostly in Florida: 90% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Texas (9%).
How large is Raina Family Foundation Inc?
Raina Family Foundation Inc reported $194K in total assets on its 2024 IRS Form 990-PF. It paid out $114K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).
What is Raina Family Foundation Inc's EIN?
Raina Family Foundation Inc's EIN (Employer Identification Number) is 87-3936980. 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
- IRS filings on file for fiscal years 2021–2024
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