Rapid Resource for Families Inc is a private foundation focused on Human Services, based in NEW BERN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it made $1.1M in qualifying distributions. Net investment income was $122K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+4.3% YoY
Revenue
$1.5M
-3.9% YoY
Qualifying Distributions
$1.1M
+1.7% YoY
Expenses
$1.5M
+24.0% YoY
Under IRS private-foundation payout rules, Rapid Resource for Families Inc reported a distributable amount of $192K for 2024 — the minimum it must pay out in qualifying distributions.
About Rapid Resource for Families Inc
Based on IRS filings
Rapid Resource for Families Inc is a private foundation focused on Human Services, based in NEW BERN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it made $1.1M in qualifying distributions. Net investment income was $122K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,267,202 | $4,092,720 | $3,533,716 |
| Revenue | $1,542,697 | $1,605,980 | $1,501,971 |
| Expenses | $1,452,184 | $1,171,332 | $789,199 |
| Qualifying Distributions | $1,060,376 | $1,042,209 | $650,723 |
| Net Investment Income | $122,318 | $42,748 | — |
| Distributable Amount | $192,135 | $173,442 | $146,346 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TARA LARSON | BOARD CHAIR | 1 | — |
| JIM JARRARD | TREASURER | 1 | — |
| MARY LLOYD | SECRETARY | 1 | — |
| KELLI UNDERWOOD | BOARD MEMBER | 1 | — |
| SONJA FRISSON | BOARD MEMBER | 1 | — |
| PARIS BROWN | BOARD MEMBER | 1 | — |
| MEREDITH NEWMAN | EXECUTIVE DIRECTOR | 40 | $115,368 |
| KATE PETERSON | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rapid Resource for Families Inc?
Rapid Resource for Families Inc is a private foundation focused on Human Services, based in NEW BERN, NC. It holds $4.3M in total assets as of 2024.
How large is Rapid Resource for Families Inc?
As of 2024, Rapid Resource for Families Inc holds $4.3M in total assets with $1.5M in annual revenue.
How much is Rapid Resource for Families Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rapid Resource for Families Inc reported a distributable amount of $192K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rapid Resource for Families Inc's EIN?
Rapid Resource for Families Inc's EIN (Employer Identification Number) is 27-1072166. 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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