Rao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it awarded 66 grants totaling $73K. Net investment income was $5.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50K
+8.5% YoY
Annual Giving
$73K
-23.1% YoY
Grant Count
66
-13.2% YoY
Avg Grant Size
$1K
-11.4% YoY
Under IRS private-foundation payout rules, Rao Family Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Rao Family Foundation
Based on IRS filings
Rao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50K in total assets. In 2024, it awarded 66 grants totaling $73K. Net investment income was $5.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $50,300 | $46,364 | $43,589 |
| Revenue | $80,005 | $100,005 | $9 |
| Expenses | $76,069 | $97,230 | $75,758 |
| Qualifying Distributions | $73,400 | $95,400 | $74,300 |
| Net Investment Income | $5 | $5 | $9 |
| Distributable Amount | $2,475 | $2,174 | $3,799 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Planned Parenthood Federation of Am ($10,000), Aga Research Foundation ($5,000), Doctors Without Borders ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AARP FOUNDATION LONG BEACH, CA | GENERAL DONATION | $100 |
| AGA RESEARCH FOUNDATION BETHESDA, MD | GENERAL DONATION | $5,000 |
| ALAMANCE COUNTY COMMUNITY YMCA BURLINGTON, NC | GENERAL DONATION | $1,000 |
| AMERICAN ASSOC FOR ADVANCEMENT WASHINGTON, DC | GENERAL DONATION | $500 |
| AMERICAN CIVIL LIBERTIES UNION FOUN NEW YORK, NY | GENERAL DONATION | $3,000 |
| AMERICAN DANCE FESTIVAL DURHAM, NC | GENERAL DONATION | $400 |
| AMERICAN FOREST FOUNDATION WASHINGTON, DC | GENERAL DONATION | $200 |
| AMERICAN RED CROSS WASHINGTON, DC | GENERAL DONATION | $1,000 |
| AMERICARES STAMFORD, CT | GENERAL DONATION | $3,000 |
| BOOMERANG YOUTH INC CHAPEL HILL, NC | GENERAL DONATION | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| M VIKRAM RAO | DIRECTOR | — | — |
| SUSAN J RAO | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rao Family Foundation?
Rao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHAPEL HILL, NC. It holds $50K in total assets as of 2024.
How large is Rao Family Foundation?
As of 2024, Rao Family Foundation holds $50K in total assets with $80K in annual revenue. It awarded 66 grants totaling $73K in 2024.
Where does Rao Family Foundation operate?
Rao Family Foundation has awarded grants in Alabama, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Iowa, Illinois, Indiana, Massachusetts, Maryland, North Carolina, New Hampshire, New York, Oklahoma, Oregon, Pennsylvania, South Dakota, Texas, Virginia.
What size grants does Rao Family Foundation award?
In 2024, Rao Family Foundation awarded 66 grants totaling $73K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Rao Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rao Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rao Family Foundation's EIN?
Rao Family Foundation's EIN (Employer Identification Number) is 26-2718455. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rao Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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