Rm2 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH KINGSTOWN, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 4 grants totaling $170K. Net investment income was $114K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-1.0% YoY
Annual Giving
$170K
-37.7% YoY
Grant Count
4
-60.0% YoY
Avg Grant Size
$43K
+55.7% YoY
Under IRS private-foundation payout rules, Rm2 Foundation reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About Rm2 Foundation
Based on IRS filings
Rm2 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH KINGSTOWN, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 4 grants totaling $170K. Net investment income was $114K.
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 | $1,212,724 | $1,225,490 | $1,389,818 |
| Revenue | $235,281 | $186,997 | $188,062 |
| Expenses | $248,047 | $351,325 | $136,168 |
| Qualifying Distributions | $170,000 | $273,000 | $62,000 |
| Net Investment Income | $114,026 | $108,672 | $113,894 |
| Distributable Amount | $56,859 | $59,640 | $63,240 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ocean State Job Lot Charitable Foundation ($154,000), Cere ($10,000), Fund for Uri & Hillel ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CERE BOSTON, MA | GENERAL OPERATING SUPPORT | $10,000 |
| FUND FOR URI & HILLEL KINGSTON, RI | GENERAL OPERATING SUPPORT | $3,000 |
| OCEAN STATE JOB LOT CHARITABLE FOUNDATION NORTH KINGSTOWN, RI | GENERAL OPERATING SUPPORT | $154,000 |
| OMNI-MED WABAN, MA | GENERAL OPERATING SUPPORT | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARC PERLMAN | TRUSTEE | 0.25 | — |
| CLAIRE PERLMAN | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rm2 Foundation?
Rm2 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH KINGSTOWN, RI. It holds $1.2M in total assets as of 2024.
How large is Rm2 Foundation?
As of 2024, Rm2 Foundation holds $1.2M in total assets with $235K in annual revenue. It awarded 4 grants totaling $170K in 2024.
Where does Rm2 Foundation operate?
Rm2 Foundation has awarded grants in California, Massachusetts, New York, Rhode Island.
What size grants does Rm2 Foundation award?
In 2024, Rm2 Foundation awarded 4 grants totaling $170K — an average of about $43K per grant, based on its IRS Form 990 filings.
How much is Rm2 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rm2 Foundation reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rm2 Foundation's EIN?
Rm2 Foundation's EIN (Employer Identification Number) is 05-0494286. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rm2 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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