RH Growth Foundation
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.
Key facts about RH Growth Foundation
- EIN
- 93-3148518
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,548,333
- Grants made (2024)
- 5
- Average grant
- $709,667
- Median grant
- $500,000
- Total assets
- $1,536,494
- Primary geography
- New York (81% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who RH Growth Foundation funds
By grant dollars, the top recipient states for RH Growth Foundation's 5 itemized 2024 grants were New York (81%) and New Jersey (14%). 60% of grants with a stated purpose were for general or operating support.
How RH Growth Foundation gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with RH Growth Foundation
- How to evaluate RH Growth Foundation as a funder
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| 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 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Trinity Episcopal Schools Corporation ($2,375,000), Vin Baker Bouncing Back Foundation Inc ($500,000), Kyle Kuzma Foundation ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Trinity Episcopal Schools Corporation New York, NY | GENERAL OPERATING | $2,375,000 |
| Vin Baker Bouncing Back Foundation Inc Newburgh, NY | GENERAL OPERATING | $500,000 |
| Kyle Kuzma Foundation Robbinsville, NJ | GENERAL OPERATING | $500,000 |
| Smithsonian Institution Washington, DC | SMITHSONIAN ASTROPHYSICAL | $123,333 |
| Virginia Tech Foundation Inc Blacksburg, VA | FBRI FUTURE DESIGNATION | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard Hsiao | Dir., Pres., Treas. | — | — |
| Lei Li | Director, Sec. | — | — |
| Xiaodong Lei | Director | — | — |
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 September 2026. Sourced from IRS Form 990-PF filings.