RLB Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $92K in total assets. In 2024, it awarded 7 grants totaling $41K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$92K
-18.6% YoY
Annual Giving
$41K
-18.2% YoY
Grant Count
7
-36.4% YoY
Avg Grant Size
$6K
+28.6% YoY
Under IRS private-foundation payout rules, RLB Private Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About RLB Private Foundation
Based on IRS filings
RLB Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $92K in total assets. In 2024, it awarded 7 grants totaling $41K. Net investment income was $28K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $91,550 | $112,486 | $173,237 |
| Revenue | $28,529 | $-2,001 | $27,964 |
| Expenses | $49,465 | $58,750 | $79,093 |
| Qualifying Distributions | $48,809 | $57,702 | $77,854 |
| Net Investment Income | $27,973 | $5,967 | $27,030 |
| Distributable Amount | $7,092 | $8,582 | $12,452 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Island Harvest Ltd ($10,000), Physicians Home ($10,000), Friends Academy ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRIENDS ACADEMY LOCUST VALLEY, NY | General & Unrestricted | $5,000 |
| GREEN VALE SCHOOL OLD BROOKVILLE, NY | Charitable Event | $5,000 |
| HEARTS TO HOMES FURNISHINGS INC YONKERS, NY | General & Unrestricted | $2,500 |
| ISLAND HARVEST LTD MELVILLE, NY | General & Unrestricted | $10,000 |
| PHYSICIANS HOME NEW YORK, NY | General & Unrestricted | $10,000 |
| ST JOSEPH HOSPITAL BETHPAGE, NY | Charitable Event | $3,000 |
| TRUSTEES OF DEERFIELD ACADEMY DEERFIELD, MA | General & Unrestricted | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Kim | Dir, Sec, Treas | 1 | — |
| Tracy Jae Won Lee | Dir, Pres | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is RLB Private Foundation?
RLB Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $92K in total assets as of 2024.
How large is RLB Private Foundation?
As of 2024, RLB Private Foundation holds $92K in total assets with $29K in annual revenue. It awarded 7 grants totaling $41K in 2024.
Where does RLB Private Foundation operate?
RLB Private Foundation has awarded grants in District of Columbia, Delaware, Massachusetts, New Jersey, New York, Texas.
What size grants does RLB Private Foundation award?
In 2024, RLB Private Foundation awarded 7 grants totaling $41K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is RLB Private Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, RLB Private Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in RLB Private Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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