Rashkind Family Foundation

Private foundation · Grantmaker Virginia Beach, VA EIN: 54-1449316

The Rashkind Family Foundation is a private foundation based in Virginia Beach, Virginia. Its 2023 IRS filing is marked as a final return, so the foundation appears to have wound down or stopped grantmaking.

Rashkind Family Foundation at a glance

In short: Rashkind Family Foundation gave $999K across 35 grants in 2023 (avg $29K), mostly in Virginia. 21% of 2023 grantees were new. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$999,237
+2036.9% vs 2022
Grants made (2023)
35
+12.9% vs 2022
Average grant
$28,550
+1792.7% vs 2022
Median grant
$1,000
New grantees (estimate)
21% first-time grantees (7 of 34, 2023)
Primary geography
Virginia (99% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Rashkind Family Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Its 2023 filing is marked as a final return, so this policy should not be taken as a current application opportunity.

Contact

Mailing address: 4529 E Honeygrove Road Ste 307, Virginia Beach, VA 23455
Phone: (757) 363-8200

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Rashkind Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Hampton Roads Community Foundation: $950K across 2 grantsHampton Roads CommunityFoundation$950K · 2 grantsTemple Israel: $5KTemple Israel$5KFood Bank of Se VA: $5KFood Bank of Se VA$5KChesapeake Bay Academy: $3KChesapeake Bay Academy$3KForkids Inc: $3KForkids Inc$3KAmerican Cancer Society: $3KAmerican Cancer Society$3KChildrens Hosp Kings D: $3KChildrens Hosp Kings D$3KAmerican Red Cross of Coastal VA: $2KAmerican Red Cross of CoastalVA$2KBoston University: $2KBoston University$2KSpecial Olympics Virginia: $2KSpecial Olympics Virginia$2K

The largest 2023 recipient was Hampton Roads Community Foundation ($950K across 2 grants). Together the top 10 received $977K.

Grant Size Distribution

138 grants across all recorded years

137<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 137 grants of 138 (99%).

Geographic Focus

Where this funder awards grants

The 2023 filing reports that 99% of grant dollars went to recipients in Virginia. Massachusetts, Georgia, South Carolina, and New York each accounted for 0% as reported in the filing.

Grant Distribution by State

8states

Share of 2023 grant dollars across all 35 itemized grants.

Cities

NorfolkVirginia BeachBostonNew YorkAshlandDunwoodyHamptonRichmondSuffolkArlingtonKissimmeeCarlisleColumbusHarrisonburgSt PetersburgYemassee

Is Rashkind Family Foundation open to new grantees?

21%

first-time grantees, 2023

In 2023, 7 of 34 grantees (21%) were first-time recipients. First grants averaged $1K; repeat grants $37K. How we count

Medians: $1K first-time, $1K repeat.

  • 79% of 2023 grantees were also funded in 2022. Method
  • Giving grew 1855% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M18 grants2019 20 grants2020 34 grants2021 31 grants2022 35 grants2023

From 2019 to 2023, annual grant giving ranged from $47K (2019) to $999K (2023). In 2023 it made 35 grants totaling $999K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hampton Roads Community Foundation Norfolk, VAUnrestricted$947,677
Temple Israel Norfolk, VAUnrestricted$5,410
Food Bank of Se VA Norfolk, VAUnrestricted$5,000
Chesapeake Bay Academy Virginia Beach, VAUnrestricted$3,000
Forkids Inc Norfolk, VAUnrestricted$2,750
American Cancer Society Virginia Beach, VAUnrestricted$2,500
Childrens Hosp Kings D Norfolk, VAUnrestricted$2,500
Hampton Roads Community Foundation Norfolk, VAUnrestricted$2,500
American Red Cross of Coastal VA Hampton, VAUnrestricted$2,000
Boston University Boston, MAUnrestricted$2,000
Your AI grants department

Ready to take the next step with Rashkind Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$73,577$1,010,752$999,23735$1,002,250$18,146$49,150
2022$937,175$74,883$55,341$46,76031$48,272$37,828$53,821
2021$918,470$127,076$74,782$65,65034$67,162$90,457$56,269
2020$865,339$71,658$58,924$51,10020—$35,275$48,719
2019$852,605$81,472$54,635$46,60018—$45,255$46,974

Under IRS private-foundation payout rules, Rashkind Family Foundation reported a distributable amount of $49K for 2023 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2023 grants show support for a range of charitable organizations. Among them, Hampton Roads Community Foundation describes its work as guiding civic leadership, philanthropy, and grantmaking in the region. Other grantees describe work in education for students with learning differences (Chesapeake Bay Academy), homelessness and poverty services for families and children (ForKids), and year-round sports for people with intellectual disabilities (Special Olympics Virginia).

Grantmaking

In 2023, the foundation reported 35 grants totaling $999,237. Grant amounts ranged from $400 to $947,677, with a median of $1,000. The largest grant was $947,677 to Hampton Roads Community Foundation, listed as unrestricted. Other notable grants included Temple Israel ($5,410), Food Bank of Southeastern Virginia ($5,000), Chesapeake Bay Academy ($3,000), and ForKids ($2,750); each was listed as unrestricted.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2023 filing lists Michael Rashkind as president and Alan B. Rashkind as treasurer.

Rashkind Family Foundation is led by Michael P. Rashkind, President on every filing since 2019; none of the 2 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Michael P. Rashkind

    President

    On filings since 2019

    No compensation reported

  • Alan B. Rashkind

    Treasurer

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2023. "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 Rashkind Family Foundation

How much does Rashkind Family Foundation give each year?

Rashkind Family Foundation gave $999K across 35 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $47K across 31 grants.

What is Rashkind Family Foundation's typical grant size?

Rashkind Family Foundation's median grant in 2023 was $1,000, and its average grant was $28,550, across 35 grants on its 2023 IRS Form 990-PF. Organizations receiving their first grant from Rashkind Family Foundation that year got $1K on average.

Where does Rashkind Family Foundation give grants?

Rashkind Family Foundation gives mostly in Virginia: 99% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Norfolk, VA (13 grants) and Virginia Beach, VA (13 grants).

Does Rashkind Family Foundation give general operating support?

Yes: 91% of Rashkind Family Foundation's 2023 grants with a stated purpose (32 of 35) were for general or operating support, per its 2023 IRS Form 990-PF.

Who are Rashkind Family Foundation's largest grantees?

Rashkind Family Foundation's largest 2023 grantees include Hampton Roads Community Foundation ($950,177 across 2 grants), Temple Israel ($5,410) and Food Bank of Se VA ($5,000), according to its 2023 IRS Form 990-PF. Together they received 96% of its itemized 2023 grant dollars.

What does Rashkind Family Foundation fund?

No mission statement for the foundation is provided. Its 2023 grants show support for a range of charitable organizations. Among them, Hampton Roads Community Foundation describes its work as guiding civic leadership, philanthropy, and grantmaking in the region. See mission & focus areas ↑

How do I apply for a grant from Rashkind Family Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

How much is Rashkind Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Rashkind Family Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rashkind Family Foundation's EIN?

Rashkind Family Foundation's EIN (Employer Identification Number) is 54-1449316. IRS Form 990 filing data is available on this page for 2019–2023.

Does Rashkind Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 9, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 23, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 25, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 31, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 24, 2024)
  6. IRS filings on file for fiscal years 2020–2023

Explore Open Grants

Browse active grant opportunities in Rashkind Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Duke Energy Foundation

Charlotte, NC

The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.

Assets

$1.9M

Grants

41

Total Given

$25.6M

Aetna Foundation Inc

Hartford, CT

Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.

Assets

—

Grants

65

Total Given

$7.2M

United Way of South Hampton Roads

Norfolk, VA

United Way of South Hampton Roads funds local nonprofits working in education, health, and economic mobility, including services for people facing poverty or crisis and support for children, veterans, and military families. In 2025, its 60 grants ranged from $9,015 to $705,932, with a median of $68,866, and went to Virginia recipients, primarily in South Hampton Roads. Community investment opportunities are offered primarily through requests for proposals; applicants must be certified or apply for certification.

Assets

$66.0M

Grants

60

Total Given

$8.2M

McKesson Foundation Inc

Dallas, TX

The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.

Assets

$1.6M

Grants

76

Total Given

$16.6M

Bristol-Myers Squibb Foundation Inc

Princeton, NJ

The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.

Assets

$83.3M

Grants

144

Total Given

$67.7M

More similar funders

More Funders in Virginia

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Rashkind Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Rashkind Family Foundation down — hundreds of funders to go?

Want AI to do this for you?