RLB Private Foundation
RLB Private Foundation is a private foundation based in Wilmington, Delaware. In its 2025 filing, it reported 19 grants totaling $177,000, supporting organizations that include educational institutions, hospitals, and charities addressing hunger and other needs.
RLB Private Foundation at a glance
In short: RLB Private Foundation gave $177K across 19 grants in 2025 (avg $9K), mostly in New York. 33% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $177,000
- +337.0% vs 2024
- Grants made (2025)
- 19
- +171.4% vs 2024
- Average grant
- $9,316
- +61.0% vs 2024
- Median grant
- $5,000
- Total assets
- $43,423
- -52.6% vs 2024
- New grantees (estimate)
- 33% first-time grantees (5 of 15, 2025; small sample)
- Primary geography
- New York (60% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to RLB Private Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation contributes only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who RLB Private Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fidelity Investments Charitable Gift Fund ($55K). Together the top 10 received $166K.
Grant Size Distribution
64 grants across all recorded years
The most common grant size was under $50K: 63 grants of 64 (98%).
Geographic Focus
Where this funder awards grants
For 2025, the reported shares of grant dollars by recipient state were New York, 60%; Ohio, 31%; and Massachusetts, 8%.
Grant Distribution by State
Share of 2025 grant dollars across all 19 itemized grants.
Cities
Is RLB Private Foundation open to new grantees?
33%
first-time grantees, 2025
In 2025, 5 of 15 grantees (33%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $22K; repeat grants $7K. How we count
Medians: $10K first-time, $8K repeat.
- 33% of 2025 grantees were also funded in 2024. Method
- Giving grew 155% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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
From 2019 to 2025, annual grant giving ranged from $32K (2019) to $177K (2025). In 2025 it made 19 grants totaling $177K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund Cincinnati, OH | VHP Foundation Fund | $55,000 |
| Touro University New York, NY | Joseph R. Tommasino Memorial Behavioral Health Scholarship Fund and the golf tournament scholarship Fund | $30,000 |
| Ethicus Project Inc Huntington, NY | General & Unrestricted | $10,000 |
| Island Harvest Ltd Melville, NY | General & Unrestricted | $10,000 |
| Physicians Home New York, NY | Charitable Event | $10,000 |
| St Francis Hospital Roslyn, NY | Charitable Event | $10,000 |
| Trustees of Deerfield Academy Deerfield, MA | Dining Hall Fund and Senior parent gift Fund | $10,000 |
| Good Samaritan Hospital Foundation West Islip, NY | General & Unrestricted | $5,000 |
| Good Samaritan Hospital Foundation West Islip, NY | Charitable Event | $5,000 |
| Green Vale School Old Brookville, NY | General & Unrestricted | $5,000 |
Ready to take the next step with RLB Private Foundation?
Financial History
Multi-year comparison from IRS filings
The 2025 filing states that the foundation’s $177,000 in distributions from sources other than current income was at least 25% of its net assets, measured at fair market value, of $126,528 at the beginning of that tax year.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $43,423 | $138,129 | $186,256 | $177,000 | 19 | $185,464 | $37,737 | $5,236 |
| 2024 | $91,550 | $28,529 | $49,465 | $40,500 | 7 | $48,809 | $27,973 | $7,092 |
| 2023 | $112,486 | $-2,001 | $58,750 | $49,500 | 11 | $57,702 | $5,967 | $8,582 |
| 2022 | $173,237 | $27,964 | $79,093 | $69,500 | 10 | $77,854 | $27,030 | $12,452 |
| 2021 | $224,366 | $23,358 | $114,763 | $104,583 | 17 | $113,217 | $21,972 | $17,643 |
| 2020 | $315,771 | $7,470 | $109,395 | $99,000 | 13 | — | $11,506 | $18,386 |
| 2019 | $417,696 | $63,997 | $42,576 | $32,100 | 8 | — | $15,522 | $21,687 |
Under IRS private-foundation payout rules, RLB Private Foundation reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of organizations and purposes, including scholarships, education, hospitals, charitable events, and general and unrestricted support.
Among its grantees, Island Harvest describes its mission as ending hunger and reducing food waste on Long Island. Physicians’ Home says it assists physicians and their family members facing hardship with financial help. Deerfield Academy describes itself as an independent secondary school focused on scholarship, citizenship, and personal responsibility; Green Vale School says it provides education from pre-nursery through grade 8. These are the grantees’ descriptions of their own work.
Grantmaking
In filing year 2025, the foundation reported 19 grants totaling $177,000. Grant amounts ranged from $500 to $55,000, with a median grant of $5,000.
The largest reported grants included $55,000 to Fidelity Investments Charitable Gift Fund for the VHP Foundation Fund and $30,000 to Touro University for the Joseph R. Tommasino Memorial Behavioral Health Scholarship Fund and the golf tournament scholarship Fund. Other notable grants included $10,000 each to Ethicus Project, Island Harvest, Physicians’ Home, St. Francis Hospital, and the Trustees of Deerfield Academy. The foundation also made two $5,000 grants to Green Vale School, for general and unrestricted support and for a charitable event.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David Kim as director, secretary, and treasurer, and Tracy Jae Won Lee as director and president.
RLB Private Foundation is led by Tracy Jae Won Lee, Director & President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Tracy Jae Won Lee
Director & President
On filings since 2019
1 hr/week
No compensation reported
David Kim
Director, Secretary & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 RLB Private Foundation
How much does RLB Private Foundation give each year?
RLB Private Foundation gave $177K across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 7 grants.
What is RLB Private Foundation's typical grant size?
RLB Private Foundation's median grant in 2025 was $5,000, and its average grant was $9,316, across 19 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from RLB Private Foundation that year got $22K on average.
Where does RLB Private Foundation give grants?
RLB Private Foundation gives mostly in New York: 60% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Ohio (31%) and Massachusetts (8%). The most frequent recipient cities were New York, NY (6 grants), Roslyn, NY (2 grants), West Islip, NY (2 grants) and Old Brookville, NY (2 grants).
Does RLB Private Foundation give general operating support?
Yes: 37% of RLB Private Foundation's 2025 grants with a stated purpose (7 of 19) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Charitable Event" (7 grants).
Who are RLB Private Foundation's largest grantees?
RLB Private Foundation's largest 2025 grantees include Fidelity Investments Charitable Gift Fund ($55,000), Touro University ($32,500 across 2 grants) and St Francis Hospital ($13,000 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 57% of its itemized 2025 grant dollars.
How large is RLB Private Foundation?
RLB Private Foundation reported $43K in total assets on its 2025 IRS Form 990-PF. It paid out $185K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What does RLB Private Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of organizations and purposes, including scholarships, education, hospitals, charitable events, and general and unrestricted support. See mission & focus areas ↑
How do I apply for a grant from RLB Private Foundation?
The foundation contributes only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is RLB Private Foundation's EIN?
RLB Private Foundation's EIN (Employer Identification Number) is 82-2627736. IRS Form 990 filing data is available on this page for 2019–2025.
Does RLB Private Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS September 4, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 24, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 4, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 20, 2024)
Live grants for the work RLB Private Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in RLB Private Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). RLB Private Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/rlb-private-foundation-morg_324b3b711fb04646b01057e62202d69f
BibTeX
@misc{grantable_822627736_2026,
author = {{Grantable}},
title = {{RLB Private Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/rlb-private-foundation-morg_324b3b711fb04646b01057e62202d69f},
note = {Accessed 2026-10-17. 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 RLB Private Foundation'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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