Rhinestone Foundation Inc

Private foundation · Grantmaker Cincinnati, OH EIN: 81-0870289

Rhinestone Foundation Inc is a private foundation, based in Cincinnati, OH. IRS filing data is available from 2020 through 2025. In 2025, it awarded 4 grants totaling $111K. Net investment income was $28K.

Rhinestone Foundation Inc at a glance

In short: Rhinestone Foundation Inc gave $111K across 4 grants in 2025 (avg $28K), mostly in Ohio. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$110,500
+342.0% vs 2024
Grants made (2025)
4
-33.3% vs 2024
Average grant
$27,625
+563.0% vs 2024
Median grant
$4,000
Primary geography
Ohio (97% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Rhinestone Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Owen Hughes Foundation: $100KOwen Hughes Foundation$100KArtswave: $5KArtswave$5KCure San Filippo Foundation: $3KCure San Filippo Foundation$3KPregnancy Center Plus: $3KPregnancy Center Plus$3K

The largest 2025 recipient was Owen Hughes Foundation ($100K). Together the top 4 received $111K.

Grant Size Distribution

23 grants across all recorded years

21<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 21 grants of 23 (91%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

CincinnatiDaytonLovelandColumbiaMainevilleNew York

How Rhinestone Foundation Inc gives

  • Giving grew 135% from 2022 to 2025. Method
  • In 2024 it paid out 64% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K3 grants2020 7 grants2021 5 grants2022 1 grant2023 6 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $25K (2024) to $111K (2025). In 2025 it made 4 grants totaling $111K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Owen Hughes Foundation Cincinnati, OHDonation$100,000
Artswave Cincinnati, OHDonation$5,000
Cure San Filippo Foundation Columbia, SCDonation$3,000
Pregnancy Center Plus Cincinnati, OHDonation$2,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025—$8,543$116,188$110,5004$110,500$27,563—
2024$565,360$18,663$33,965$25,0006$25,000$32,287$39,099
2023$542,794$17,710$50,933$50,0001$50,000$16,777$34,439
2022$587,164$15,888$56,029$47,0005$47,000$11,312$31,905
2021$585,198$68,023$60,172$50,0007$50,000$24,148$42,918
2020$636,607$15,847$49,513$40,5003—$6,834$38,541

Leadership & Key People

Officers and directors from IRS filings

Rhinestone Foundation Inc's 2025 filing lists 6 officers; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Eileen T. Sabato

    Board Member

    On filings since 2020

    No compensation reported

  • Elise M. Hughes

    Board Member

    On filings since 2020

    No compensation reported

  • Emily T. Upton

    Board Member

    On filings since 2020

    No compensation reported

  • Frances T. Hughes

    Board Member

    On filings since 2020

    No compensation reported

  • Kevin C. Hughes

    Board Member

    On filings since 2020

    No compensation reported

  • Owen M. Hughes

    Board Member

    On filings since 2020

    No compensation reported

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 Rhinestone Foundation Inc

How much does Rhinestone Foundation Inc give each year?

Rhinestone Foundation Inc gave $111K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 6 grants.

What is Rhinestone Foundation Inc's typical grant size?

Rhinestone Foundation Inc's median grant in 2025 was $4,000, and its average grant was $27,625, across 4 grants on its 2025 IRS Form 990-PF.

Where does Rhinestone Foundation Inc give grants?

Rhinestone Foundation Inc gives mostly in Ohio: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Cincinnati, OH (3 grants).

Does Rhinestone Foundation Inc give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Rhinestone Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (4 grants).

What is Rhinestone Foundation Inc's EIN?

Rhinestone Foundation Inc's EIN (Employer Identification Number) is 81-0870289. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 1, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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

Figures come from Rhinestone Foundation Inc'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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