Rh Growth Foundation

SIOUX FALLS, SD EIN: 93-3148518

Rh Growth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIOUX FALLS, SD. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 5 grants totaling $3.5M. Net investment income was $100K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

Annual Giving

$3.5M

Grant Count

5

Avg Grant Size

$710K

Under IRS private-foundation payout rules, Rh Growth Foundation reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.

About Rh Growth Foundation

Based on IRS filings

Rh Growth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIOUX FALLS, SD. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 5 grants totaling $3.5M. Net investment income was $100K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BlacksburgNew YorkNewburghRobbinsvilleWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20232024
Metric20242023
Total Assets$1,536,494
Revenue$5,102,317
Expenses$3,560,017
Qualifying Distributions$3,555,850
Net Investment Income$99,650
Distributable Amount$96,195

Giving Over Time

Total grant dollars and number of grants per year

$0$887K$2M$3M$4M0 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Trinity Episcopal School…$2.4MVin Baker Bouncing Back …$500KKyle Kuzma Foundation$500KSmithsonian Institution$123KVirginia Tech Foundation…$50K

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K1$100–250K$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Trinity Episcopal Schools Corporation ($2,375,000), Vin Baker Bouncing Back Foundation Inc ($500,000), Kyle Kuzma Foundation ($500,000).

RecipientPurposeAmount
Trinity Episcopal Schools Corporation New York, NYGENERAL OPERATING$2,375,000
Smithsonian Institution Washington, DCSMITHSONIAN ASTROPHYSICAL$123,333
Virginia Tech Foundation Inc Blacksburg, VAFBRI FUTURE DESIGNATION$50,000
Vin Baker Bouncing Back Foundation Inc Newburgh, NYGENERAL OPERATING$500,000
Kyle Kuzma Foundation Robbinsville, NJGENERAL OPERATING$500,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Richard HsiaoDir., Pres., Treas.
Lei LiDirector, Sec.
Xiaodong LeiDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Rh Growth Foundation?

Rh Growth Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIOUX FALLS, SD. It holds $1.5M in total assets as of 2024.

How large is Rh Growth Foundation?

As of 2024, Rh Growth Foundation holds $1.5M in total assets with $5.1M in annual revenue. It awarded 5 grants totaling $3.5M in 2024.

Where does Rh Growth Foundation operate?

Rh Growth Foundation has awarded grants in District of Columbia, New Jersey, New York, Virginia.

What size grants does Rh Growth Foundation award?

In 2024, Rh Growth Foundation awarded 5 grants totaling $3.5M — an average of about $710K per grant, based on its IRS Form 990 filings.

How much is Rh Growth Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rh Growth Foundation reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rh Growth Foundation's EIN?

Rh Growth Foundation's EIN (Employer Identification Number) is 93-3148518. IRS Form 990 filing data is available on this page for 2023–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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