Rainbolt Family Foundation
The Rainbolt Family Foundation is a private independent foundation established in Oklahoma and based in Oklahoma City, Oklahoma. The foundation holds 501(c)(3) tax-exempt status, granted in April 2000. It operates as a private non-operating foundation focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-2.9% YoY
Annual Giving
$172K
+1.6% YoY
Grant Count
46
-11.5% YoY
Avg Grant Size
$4K
+14.8% YoY
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $1.98 million
- Revenue: $127,881
- Expenses: $186,312
- Net Income: -$58,431
Historical Asset Growth:
- December 2013: $152,018
- December 2015: $694,282
- December 2016: $1,173,546
- December 2017: $1,776,719
- December 2018: $2,216,482
- December 2019: $2,167,128
- December 2020: $2,035,898
- December 2021: $2,249,028
- December 2022: $2,137,573
- December 2023: $2,037,332
Total Giving (2023): $169,300
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,978,900 | $2,037,332 | $2,137,573 |
| Revenue | $127,881 | $85,228 | $65,136 |
| Expenses | $186,312 | $185,469 | $176,591 |
| Qualifying Distributions | $172,881 | $170,176 | $162,580 |
| Net Investment Income | $77,214 | $69,935 | $51,125 |
| Distributable Amount | $141,409 | $116,361 | $127,461 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
230 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is associated with the Rainbolt family. Gene Rainbolt is recognized as a major donor to the University of Oklahoma, having made a leadership gift to support the Graduate School of Business at the Michael F. Price College of Business—the second largest gift in the college's history at the time of announcement. This gift was significant enough that the Graduate School of Business was named in recognition of the donation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| H E RAINBOLT | PRESIDENT/DIRECTOR | — | — |
| DAVID E RAINBOLT | TREASURER/DIRECTOR | — | — |
| LESLIE RAINBOLT | SECRETARY | — | — |
Contact Information
Address: PO Box 26788, Oklahoma City, OK 73126-0788
Telephone: 405-270-1000
Contact Person: Felicia Apel
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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