Rakowich Family Foundation
Rakowich Family Foundation is a private foundation, based in Lone Tree, CO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 9 grants totaling $324K. Net investment income was $139K.
Rakowich Family Foundation at a glance
In short: Rakowich Family Foundation gave $324K across 9 grants in 2025 (avg $36K), mostly in Colorado. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $324,000
- -3.6% vs 2024
- Grants made (2025)
- 9
- -30.8% vs 2024
- Average grant
- $36,000
- +39.2% vs 2024
- Median grant
- $2,000
- Total assets
- $1,731,435
- -9.6% vs 2024
- Primary geography
- Colorado (91% 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 Rakowich Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was University of Colorado Foundation ($275K). Together the top 9 received $324K.
Grant Size Distribution
59 grants across all recorded years
The most common grant size was under $50K: 52 grants of 59 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How Rakowich Family Foundation gives
- Giving fell 22% from 2022 to 2025. Method
- In 2025 it paid out 314% 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 2019 to 2025, annual grant giving ranged from $81K (2023) to $417K (2022). In 2025 it made 9 grants totaling $324K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Colorado Foundation Denver, CO | Aid to Community | $275,000 |
| National Leadership Academy Washington, DC | Aid to Community | $25,000 |
| Downing House Englewood, CO | Aid to Community | $10,000 |
| Greenwood Community Church Greenwood Village, CO | Aid to Community | $5,000 |
| American Foundation for Suicide Prevention New York, NY | Aid to Community | $2,000 |
| Denver Scholarship Foundation Denver, CO | Aid to Community | $2,000 |
| Promise Keepers Colorado Springs, CO | Aid to Community | $2,000 |
| Let There Be Light International Buffalo, NY | Aid to Community | $2,000 |
| New Legacy Charter School Aurora, CO | Aid to Community | $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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,731,435 | $149,885 | $334,787 | $324,000 | 9 | $324,000 | $139,098 | $103,287 |
| 2024 | $1,916,337 | $145,114 | $357,158 | $336,092 | 13 | $336,092 | $132,782 | $107,673 |
| 2023 | $2,128,381 | $556,248 | $89,533 | $80,925 | 11 | $80,925 | $537,640 | $100,071 |
| 2022 | $1,661,666 | $185,784 | $450,278 | $416,925 | 12 | $416,925 | $65,402 | $113,144 |
| 2021 | $2,858,078 | $527,573 | $411,479 | $390,425 | 14 | $390,425 | $524,245 | $66,244 |
| 2020 | $2,681,044 | $129,564 | $210,856 | $191,655 | 13 | — | $115,246 | $63,999 |
| 2019 | $2,485,159 | $233,285 | $335,673 | $315,138 | 9 | — | $212,750 | $117,865 |
Under IRS private-foundation payout rules, Rakowich Family Foundation reported a distributable amount of $103K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Rakowich Family Foundation is led by Walter C. Rakowich, President on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Walter C. Rakowich
President
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Rakowich Family Foundation
How much does Rakowich Family Foundation give each year?
Rakowich Family Foundation gave $324K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $336K across 13 grants.
What is Rakowich Family Foundation's typical grant size?
Rakowich Family Foundation's median grant in 2025 was $2,000, and its average grant was $36,000, across 9 grants on its 2025 IRS Form 990-PF.
Where does Rakowich Family Foundation give grants?
Rakowich Family Foundation gives mostly in Colorado: 91% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (8%). The most frequent recipient cities were Denver, CO (2 grants).
Does Rakowich Family Foundation give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Rakowich Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Aid to Community" (9 grants).
Who are Rakowich Family Foundation's largest grantees?
Rakowich Family Foundation's largest 2025 grantees include University of Colorado Foundation ($275,000), National Leadership Academy ($25,000) and Downing House ($10,000), according to its 2025 IRS Form 990-PF. Together they received 96% of its itemized 2025 grant dollars.
How large is Rakowich Family Foundation?
Rakowich Family Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $324K in qualifying distributions that year, against a required minimum of $103K (roughly 5% of its investment assets).
What is Rakowich Family Foundation's EIN?
Rakowich Family Foundation's EIN (Employer Identification Number) is 46-0933919. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 20, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 5, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Rakowich Family Foundation funds
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