Rate Foundation NFP

Public charity · Grantmaker Chicago, IL EIN: 45-4204135

Rate Foundation NFP is a public charity based in Chicago, Illinois. Formed in 2012, it provides customized assistance to families and people facing crisis or unforeseen hardship, including help with basic needs and emergency expenses.

Rate Foundation NFP at a glance

In short: Rate Foundation NFP gave $115K across 11 grants in 2025 (avg $10K), top state Kansas. Source: 2025 IRS Form 990.

Annual giving (2025)
$114,770
-94.6% vs 2024
Grants made (2025)
11
-26.7% vs 2024
Average grant
$10,434
-92.6% vs 2024
Median grant
$5,000
Total assets
$1,708,066
+6.1% vs 2024
Primary geography
Kansas (48% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

How to apply to Rate Foundation NFP

How to Apply

The website provides a Request Assistance pathway. It does not state application materials, eligibility requirements, or a deadline.

Contact

Mailing address: 1800 W Larchmont Ave Ste 2, Chicago, IL 60613
Phone: (773) 516-6800

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

Who Rate Foundation NFP funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Plus One Heroes Inc: $55KPlus One Heroes Inc$55KAssociation of the United States Army: $15KAssociation of the UnitedStates Army$15KArmed Services YMCA of the USA: $13KArmed Services YMCA of the USA$13KAll Veteran Group (Michael L Elliott): $10KAll Veteran Group (Michael LElliott)$10KOperation Warm Heart (Christopher Gillespie): $5KOperation Warm Heart(Christopher Gillespie)$5KArmed Services YMCA of the USA (San Diego): $5KArmed Services YMCA of the USA(San Diego)$5KSanta's Workshop at the Great Palace: $5KSanta's Workshop at the GreatPalace$5KRoman's Wish Foundation: $5KRoman's Wish Foundation$5KLes Turner ALS Foundation: $683Les Turner ALS Foundation$683Team Gleason Foundation: $433Team Gleason Foundation$433

The largest 2025 recipient was Plus One Heroes Inc ($55K). Together the top 10 received $114K.

Grant Size Distribution

30 grants across all recorded years

14<$50K5$50–100K5$100–250K2$250–500K1$500K–1M3$1–5M$5M+

The most common grant size was under $50K: 14 grants of 30 (47%).

Geographic Focus

Where this funder awards grants

The foundation’s stated mission says it intends to assist the public at large, with fundraising and aid distribution focused on real estate and mortgage origination communities throughout the United States. For 2025 grant dollars, the reported recipient-state shares were Kansas 48%, Virginia 25%, Illinois 9%, North Carolina 9% and California 4%.

Grant Distribution by State

16states

Share of 2025 grant dollars across all 11 itemized grants.

Cities

New OrleansPark CitySkokieWashingtonAlexandriaArlingtonBentonvilleChatsworthChicagoDenverElmhurstFloyds KnobsFort CavazosFt LeavenworthJacksonvilleLeesburgNew YorkPenningtonRaefordRockville

How Rate Foundation NFP gives

  • 27% of 2025 grantees were also funded in 2024. Method
  • Giving grew 359% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). 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$2M$4M$6M0 grants2020 3 grants2021 1 grant2022 0 grants2023 15 grants2024 11 grants2025

From 2021 to 2025, annual grant giving ranged from $25K (2022) to $4.7M (2021). In 2025 it made 11 grants totaling $115K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Plus One Heroes Inc Ft Leavenworth, KS2025 reindeer rucks fundraiser - military & veteran nonprofit organization grantee$55,000
Association of the United States Army Arlington, VA2025 reindeer rucks fundraiser - military & veteran nonprofit organization grantee$15,000
Armed Services YMCA of the USA Woodbridge, VA2025 reindeer rucks fundraiser - military & veteran nonprofit organization grantee$13,321
All Veteran Group (Michael L Elliott) Raeford, NC2025 reindeer rucks fundraiser - military & veteran nonprofit organization grantee$10,000
Operation Warm Heart (Christopher Gillespie) Scott Airforce Base, IL2025 reindeer rucks fundraiser - military & veteran nonprofit organization grantee$5,000
Armed Services YMCA of the USA (San Diego) San Diego, CA2025 reindeer rucks fundraiser - military & veteran nonprofit organization grantee$5,000
Santa's Workshop at the Great Palace Fort Cavazos, TX2025 reindeer rucks fundraiser - military & veteran nonprofit organization grantee$5,000
Roman's Wish Foundation Elmhurst, IL2025 grant to foundation which supports families navigating child loss.$5,000
Les Turner ALS Foundation Skokie, IL2024 ALS Fundraiser - ALS Nonprofit Organization Grantee$683
Team Gleason Foundation New Orleans, LA2024 ALS Fundraiser - ALS Nonprofit Organization Grantee$433
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,708,066$542,381$443,460$114,77011$70,034
2024$1,609,145$2,746,204$2,475,126$2,122,25915$72,246
2023$1,338,067$518,813$676,931——$47,050
2022$1,496,185$790,907$1,093,512$25,0001—
2021$1,798,790$5,812,096$6,092,139$4,696,2053—
2020$2,078,833$8,244,822$8,327,417———

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

Mission & Focus Areas

The foundation’s stated mission is to support families and people in need and at times of crisis. Its filing says assistance can address unforeseen hardship or emergencies, such as food, clothing and shelter after a natural disaster, or housing, transportation and outstanding bills after job loss or a medical emergency. The filing says the foundation focuses fundraising and aid distribution in real estate and mortgage origination communities throughout the United States.

Its 2025 grants show support for organizations working in several areas. The Association of the United States Army describes its work as supporting soldiers, their families and Army civilians, and honoring those who have served. The Armed Services YMCA of the USA says it enhances the lives of military members and their families through programs relevant to military life. Les Turner ALS Foundation says it provides care and support to people living with ALS and their families in Chicagoland and advances ALS research. Team Gleason Foundation describes work providing technology, equipment and services to people with neuromuscular diseases or injuries and raising ALS awareness.

Grantmaking

In filing year 2025, Rate Foundation NFP reported 11 grants totaling $114,770. Grant amounts ranged from $333 to $55,000, with a median of $5,000.

The largest reported grant was $55,000 to Plus One Heroes Inc. in Fort Leavenworth, Kansas, for the 2025 Reindeer Rucks fundraiser for a military and veteran nonprofit organization grantee. Other grants for that fundraiser included $15,000 to the Association of the United States Army and $13,321 to the Armed Services YMCA of the USA, both in Virginia; $10,000 to All Veteran Group in North Carolina; and $5,000 each to Operation Warm Heart in Illinois, the Armed Services YMCA of the USA in California, and Santa’s Workshop at the Great Palace in Texas. The foundation also gave $5,000 to Roman’s Wish Foundation for support for families navigating child loss.

Three smaller grants were listed for ALS fundraising: $683 to Les Turner ALS Foundation, $433 to Team Gleason Foundation, and $333 to Healing ALS. The filing describes these as grants to ALS nonprofit organization grantees.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Victor Ciardelli as president and director; Scott Ubersox as vice president and director; Kenneth Kane as treasurer; Raven Robinson as secretary; and Jason Oleniczak as senior director.

Rate Foundation NFP is led by Victor Ciardelli, President & Director on every filing since 2020; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Victor Ciardelli

    President & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Scott Ubersox

    Vice President & Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jason Oleniczak

    Senior Director & Gr Founda

    Senior Director & Gr Foundation → Senior Director & Gr Founda, 2022

    On filings since 2021

    40 hrs/week

    No compensation reported

  • Kenneth Kane

    Treasurer

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Raven Robinson

    Secretary

    On filings since 2020

    3 hrs/week

    No compensation reported

Former officers (1)
  • Former: Rebecca Blabolil (2020–2022) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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 Rate Foundation NFP

How much does Rate Foundation NFP give each year?

Rate Foundation NFP gave $115K across 11 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.1M across 15 grants.

What is Rate Foundation NFP's typical grant size?

Rate Foundation NFP's median grant in 2025 was $5,000, and its average grant was $10,434, across 11 grants on its 2025 IRS Form 990.

Where does Rate Foundation NFP give grants?

Rate Foundation NFP's top state is Kansas, with 48% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Virginia (25%) and Illinois (9%).

Does Rate Foundation NFP give general operating support?

Not in 2025: none of the 11 grants with a stated purpose on Rate Foundation NFP's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "2024 ALS Fundraiser - ALS Nonprofit Organization Grantee" (3 grants).

Who are Rate Foundation NFP's largest grantees?

Rate Foundation NFP's largest 2025 grantees include Plus One Heroes Inc ($55,000), Association of the United States Army ($15,000) and Armed Services YMCA of the USA ($13,321), according to its 2025 IRS Form 990. Together they received 73% of its itemized 2025 grant dollars.

How large is Rate Foundation NFP?

Rate Foundation NFP reported $1.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $542K.

What does Rate Foundation NFP fund?

The foundation’s stated mission is to support families and people in need and at times of crisis. See mission & focus areas ↑

How do I apply for a grant from Rate Foundation NFP?

The website provides a Request Assistance pathway. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Rate Foundation NFP's EIN?

Rate Foundation NFP's EIN (Employer Identification Number) is 45-4204135. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS July 18, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS August 17, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS June 23, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS June 25, 2026)
  5. IRS filings on file for fiscal years 2020–2024

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Philanthropy, Voluntarism & Grantmaking

Assets

$954.1M

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1,536

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$36.5M

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Cite this profile

Grantable. (2026). Rate Foundation NFP funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/rate-foundation-nfp-morg_8b7e3a313c4c4f7cb17529eb82f40cea

BibTeX
@misc{grantable_454204135_2026,
  author       = {{Grantable}},
  title        = {{Rate Foundation NFP funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/rate-foundation-nfp-morg_8b7e3a313c4c4f7cb17529eb82f40cea},
  note         = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Rate Foundation NFP'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.

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