Rainbow Foundation

MONSEY, NY EIN: 47-5254786

Rainbow Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 8 grants totaling $41K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17K

-54.2% YoY

Annual Giving

$41K

+57.1% YoY

Grant Count

8

+100.0% YoY

Avg Grant Size

$5K

-21.4% YoY

About Rainbow Foundation

Based on IRS filings

Rainbow Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17K in total assets. In 2024, it awarded 8 grants totaling $41K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BrooklynMonroeMonseyNew YorkSpring ValleySuffern

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$30K$59K$89K$119K20202021202220232024
Metric202420232022
Total Assets$17,415$37,991$39,726
Revenue$20,930$25,011$10
Expenses$41,505$26,746$78,267
Qualifying Distributions$41,505$26,281$78,267
Net Investment Income$10
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$27K$54K$81K$108K9 grants202012 grants20218 grants20224 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

CONG ATERES YISROEL$13KVARIOUS CHARITABLE ORGAN…$12KBAIS HAMEDRASH NETZACH Y…$5KMERKAZ HAGEULAH$4KCONG NETZACH YISROEL$3KYESHIVA IMREI YOSEPH SPI…$1KREFUAH HELPLINE$1KKEHILAS BAIS AVROHOM$1K

Grant Size Distribution

41 grants across all recorded years

41<$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 Cong Ateres Yisroel ($13,360), Various Charitable Organizations ($12,149), Bais Hamedrash Netzach Yisroel ($5,460).

RecipientPurposeAmount
CONG NETZACH YISROEL MONSEY, NYCHARITABLE$2,860
VARIOUS CHARITABLE ORGANIZATIONS MONSEY, NYCHARITABLE$12,149
BAIS HAMEDRASH NETZACH YISROEL MONSEY, NYCHARITABLE$5,460
YESHIVA IMREI YOSEPH SPINKA BROOKLYN, NYCHARITABLE$1,000
REFUAH HELPLINE MONROE, NYCHARITABLE$1,000
MERKAZ HAGEULAH BROOKLYN, NYCHARITABLE$3,700
KEHILAS BAIS AVROHOM MONSEY, NYCHARITABLE$1,000
CONG ATERES YISROEL MONSEY, NYCHARITABLE$13,360

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN KAHANTrustee
RIVKIE KAHANTrustee

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Rainbow Foundation?

Rainbow Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. It holds $17K in total assets as of 2024.

How large is Rainbow Foundation?

As of 2024, Rainbow Foundation holds $17K in total assets with $21K in annual revenue. It awarded 8 grants totaling $41K in 2024.

Where does Rainbow Foundation operate?

Rainbow Foundation has awarded grants in New York.

What size grants does Rainbow Foundation award?

In 2024, Rainbow Foundation awarded 8 grants totaling $41K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is Rainbow Foundation's EIN?

Rainbow Foundation's EIN (Employer Identification Number) is 47-5254786. IRS Form 990 filing data is available on this page for 2020–2024.

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

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