RCL Foundation
RCL Foundation is a private foundation, based in Torrance, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 13 grants totaling $70K. Net investment income was $119K.
Key facts about RCL Foundation
- EIN
- 95-3387067
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $70,390
- Grants made (2025)
- 13
- Average grant
- $5,415
- Median grant
- $1,500
- New grantees (estimate)
- 31% first-time grantees (4 of 13, 2025)
- Total assets
- $1,954,146
- Primary geography
- California (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who RCL Foundation funds
By grant dollars, the top recipient states for RCL Foundation's 13 itemized 2025 grants were California (100%). The most frequent recipient cities were Los Angeles, CA (3 grants), Los Angeles CA, CA (2 grants) and Rancho Palos Verdes, CA (2 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (13 grants).
Is RCL Foundation open to new grantees?
31%
first-time grantees, 2025
In 2025, 4 of 13 grantees (31%) were first-time recipients. First grants averaged $2K; repeat grants $7K. How we count
Medians: $750 first-time, $2K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with RCL Foundation
- How to evaluate RCL Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.0M
+0.0% YoY
Annual Giving
$70K
+130.6% YoY
Grant Count
13
-13.3% YoY
Avg Grant Size
$5K
+166.1% YoY
About RCL Foundation
Based on IRS filings
RCL Foundation is a private foundation, based in Torrance, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 13 grants totaling $70K. Net investment income was $119K.
Ready to take the next step with RCL Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,954,146 | $1,953,499 | $1,978,887 |
| Revenue | $119,147 | $43,131 | $44,381 |
| Expenses | $118,500 | $68,519 | $98,498 |
| Qualifying Distributions | $108,878 | $60,921 | $92,081 |
| Net Investment Income | $119,147 | $54,534 | $48,980 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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 2025
Grant Size Distribution
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include University of Southern CA ($31,000), Peninsular Comm Childrens Hosp ($14,990), Cal Poly ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF SOUTHERN CA Los Angeles CA, CA | DONATION | $31,000 |
| PENINSULAR COMM CHILDRENS HOSP Rolling Hills Estates, CA | DONATION | $14,990 |
| Cal Poly San Luis Obispo, CA | donation | $10,000 |
| USC CATHOLIC CENTER Los Angeles CA, CA | DONATION | $5,000 |
| TORRANCE MEMORIAL HOME HEALTH HOSPI Torrance, CA | DONATION | $1,700 |
| MENLO CHARITY HORSE SHOW Atherton, CA | DONATION | $1,500 |
| CHILDREN'S HOSPITAL LA Los Angeles, CA | DONATION | $1,500 |
| Holiday Fund Los Angeles, CA | Donation | $1,500 |
| SAINT JOHN FISHER PARISH Rancho Palos Verdes, CA | DONATION | $1,000 |
| Manes for Movement Rolling Hills Estate, CA | Donation | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joseph Leimbach | Secretary | 1 | — |
| Regina Leimbach | President | 1 | — |
| Angela Tan | Treasurer | 12 | — |
Frequently Asked Questions
How large is RCL Foundation?
As of 2025, RCL Foundation holds $2.0M in total assets with $119K in annual revenue. It awarded 13 grants totaling $70K in 2025.
Where does RCL Foundation operate?
RCL Foundation has awarded grants in California, New York.
What size grants does RCL Foundation award?
In 2025, RCL Foundation awarded 13 grants totaling $70K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is RCL Foundation's EIN?
RCL Foundation's EIN (Employer Identification Number) is 95-3387067. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.