Rml Foundation

METAIRIE, LA EIN: 82-3745711

Rml Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METAIRIE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 17 grants totaling $150K. Net investment income was $121K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-1.6% YoY

Annual Giving

$150K

+11.9% YoY

Grant Count

17

+0.0% YoY

Avg Grant Size

$9K

+11.9% YoY

Under IRS private-foundation payout rules, Rml Foundation reported a distributable amount of $154K for 2024 — the minimum it must pay out in qualifying distributions.

About Rml Foundation

Based on IRS filings

Rml Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METAIRIE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 17 grants totaling $150K. Net investment income was $121K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BaltimoreBaton RougeMemphisMetairieNew Orleans

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$99K$149K$199K20202021202220232024
Metric202420232022
Total Assets$2,060,262$2,094,100$2,078,226
Revenue$131,835$160,643$49,424
Expenses$165,673$144,744$147,928
Qualifying Distributions$150,000$134,000$131,000
Net Investment Income$121,154$151,071$38,887
Distributable Amount$153,657$129,602$131,376

Giving Over Time

Total grant dollars and number of grants per year

$0$38K$75K$113K$150K14 grants202017 grants202117 grants202217 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NEW ORLEANS STARTUP FUND…$20KSECOND HARVEST FOOD BANK…$20KST CATHERINE OF SIENA$20KST JUDE CHILDREN'S RESEA…$15KTHE PLEASE FOUNDATION$15KJESUIT HIGH SCHOOL$10KTIGER ATHLETIC FOUNDATION$10KBOYS HOPE GIRLS HOPE OF …$6KCOVENANT HOUSE NEW ORLEANS$5KFRIENDS OF CITY PARK$5K

Grant Size Distribution

82 grants across all recorded years

82<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include New Orleans Startup Fund Inc ($20,000), Second Harvest Food Bank of New Orleans ($20,000), St Catherine of Siena ($20,000).

RecipientPurposeAmount
AUDUBON NATURE INSTITUTE NEW ORLEANS, LATO CREATE A FAMILY OF MUSEUMS AND PARKS DEDICATED TO NATURE$2,000
BOYS HOPE GIRLS HOPE OF NEW ORLEANS NEW ORLEANS, LAHELP ACADEMICALLY CAPABLE AND MOTIVATED CHILDREN-IN-NEED TO MEET THEIR FULL POTENTIAL AND BECOME MEN AND WOMEN FOR OTHERS BY PROVIDING VALUE-CENTERED, FAMILY-LIKE HOMES, OPPORTUNITIES AND EDUCATION THROUGH COLLEGE$6,000
CHRISTIAN BROTHERS FOUNDATION INC NEW ORLEANS, LATO ASSIST IN OPERATIONS OF THE SCHOOL, SUPPORT THE NEEDS OF THE BROTHERS AND SUPPORT THE LOCAL CHRISTIAN BROTHERS SCHOOL COMMUNITY.$3,000
COVENANT HOUSE NEW ORLEANS NEW ORLEANS, LASERVING RUNAWAY, HOMELESS, AND AT-RISK YOUTH WITH RESPECT AND UNCONDITIONAL LOVE BY OFFERING SHELTER, FOOD, CLOTHING, COUNSELING, MEDICAL ATTENTION, CRISIS INTERVENTION, AND AN ARRAY OF OTHER SUPPORT SERVICES$5,000
FRIENDS OF CITY PARK NEW ORLEANS, LATO BENEFIT AND IMPROVE CITY PARK$5,000
HOGS FOR THE CAUSE NEW ORLEANS, LATO ALLEVIATE THE BURDENS ASSOCIATED WITH PEDIATRIC BRAIN CANCER, WITH A SECONDARY PURPOSE OF MEDICAL EXPENSE COVERAGE.$5,000
JESUIT HIGH SCHOOL NEW ORLEANS, LADEVELOP IN ITS STUDENTS THE COMPETENCE, CONSCIENCE, AND COMPASSION THAT WILL ENABLE THEM TO BE MEN OF FAITH AND MEN FOR OTHERS$10,000
METROPOLITAN CRIME COMMISSION INC NEW ORLEANS, LACITIZEN ORGANIZATION DEDICATED TO IMPROVING THE ADMINISTRATION OF JUSTICE, REDUCING THE INCIDENCE OF VIOLENT CRIME AND STAMPING OUT PUBLIC CORRUPTION$5,000
NEW ORLEANS JAZZ AND HERITAGE FOUNDATION NEW ORLEANS, LATO PROMOTE NEW ORLEANS JAZZ AND HERITAGE.$5,000
NEW ORLEANS STARTUP FUND INC NEW ORLEANS, LACREATE JOBS AND ECONOMIC PROSPERITY FOR THE TEN PARISH REGION OF GREATER NEW ORLEANS BY PROVIDING SEED CAPITAL AND BUSINESS ASSISTANCE TO EARLY-STAGE FIRMS$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT LEITHMANDIRECTOR1
MADELEINE LEITHMANDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Rml Foundation?

Rml Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in METAIRIE, LA. It holds $2.1M in total assets as of 2024.

How large is Rml Foundation?

As of 2024, Rml Foundation holds $2.1M in total assets with $132K in annual revenue. It awarded 17 grants totaling $150K in 2024.

Where does Rml Foundation operate?

Rml Foundation has awarded grants in Louisiana, Maryland, Tennessee.

What size grants does Rml Foundation award?

In 2024, Rml Foundation awarded 17 grants totaling $150K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Rml Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rml Foundation reported a distributable amount of $154K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rml Foundation's EIN?

Rml Foundation's EIN (Employer Identification Number) is 82-3745711. IRS Form 990 filing data is available on this page for 2020–2024.

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

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