RAO Family Foundation
RAO Family Foundation is a private foundation, based in Hinckley, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $339K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $9K.
RAO Family Foundation at a glance
In short: RAO Family Foundation gave $8K across 4 grants in 2024 (avg $2K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,750
- -9.9% vs 2023
- Grants made (2024)
- 4
- -33.3% vs 2023
- Average grant
- $1,938
- +35.2% vs 2023
- Median grant
- $625
- Total assets
- $338,551
- +14.8% vs 2023
- Primary geography
- Ohio (97% 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 RAO Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Southwest Community 34-1355135(FEIN) 501(C)3 ($6K). Together the top 4 received $8K.
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 31 grants of 31 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How RAO Family Foundation gives
- Giving fell 50% from 2021 to 2024. Method
- In 2024 it paid out 66% 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
From 2020 to 2024, annual grant giving ranged from $8K (2024) to $17K (2022). In 2024 it made 4 grants totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southwest Community 34-1355135(FEIN) 501(C)3 Cleveland, OH | Medical | $6,250 |
| The Quad Preperatory School 46-5652622(FEIN)501(C)3 Hinckley, OH | SOCIAL | $1,000 |
| Aipno Endowment Fund 34-1407746(FEIN)501(C) 3 Shaker Heights, OH | Medical | $250 |
| American Sports Medicine Associatio 31-1512163(FEIN)501(C)3 Leawood, KS | Medical | $250 |
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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 | $338,551 | $14,990 | $13,302 | $7,750 | 4 | $10,526 | $8,668 | $15,913 |
| 2023 | $294,953 | $19,883 | $16,593 | $8,601 | 6 | $12,097 | $6,264 | $14,893 |
| 2022 | $286,331 | $-4,874 | $19,703 | $17,000 | 5 | $17,025 | $3,706 | $16,284 |
| 2021 | — | $78,693 | $15,590 | $15,500 | 7 | — | $5,856 | — |
| 2020 | $246,334 | $32,889 | $14,759 | $13,160 | 9 | — | $9,011 | $64 |
Under IRS private-foundation payout rules, RAO Family Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
RAO Family Foundation is led by L. C. Rao, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
L. C. Rao
President
On filings since 2020
1 hr/week
No compensation reported
Jean Rao
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 RAO Family Foundation
How much does RAO Family Foundation give each year?
RAO Family Foundation gave $8K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $9K across 6 grants.
What is RAO Family Foundation's typical grant size?
RAO Family Foundation's median grant in 2024 was $625, and its average grant was $1,938, across 4 grants on its 2024 IRS Form 990-PF.
Where does RAO Family Foundation give grants?
RAO Family Foundation gives mostly in Ohio: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does RAO Family Foundation give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on RAO Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Medical" (3 grants).
How large is RAO Family Foundation?
RAO Family Foundation reported $339K in total assets on its 2024 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $16K (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.
What is RAO Family Foundation's EIN?
RAO Family Foundation's EIN (Employer Identification Number) is 26-3829237. IRS Form 990 filing data is available on this page for 2020–2024.
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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work RAO Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in RAO Family Foundation's focus areas in our free grants database
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RAO Family Foundation down — hundreds of funders to go?