RRA 50 Forward Fund Inc
RRA 50 Forward Fund Inc is a private foundation focused on Human Services, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $353K in total assets. In 2024, it awarded 2 grants totaling $53K.
RRA 50 Forward Fund Inc at a glance
In short: RRA 50 Forward Fund Inc gave $53K across 2 grants in 2024 (avg $26K), mostly in Delaware. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $52,650
- -50.6% vs 2023
- Grants made (2024)
- 2
- -33.3% vs 2023
- Average grant
- $26,325
- -25.8% vs 2023
- Median grant
- $26,325
- Total assets
- $353,322
- -14.6% vs 2023
- Primary geography
- Delaware (72% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who RRA 50 Forward Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was American Online Giving Foundation ($38K). Together the top 2 received $53K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 12 grants of 14 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How RRA 50 Forward Fund Inc gives
- Giving fell 52% from 2021 to 2024. Method
- In 2024 it paid out 322% of its IRS minimum distribution (the 5% rule). 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
From 2021 to 2024, annual grant giving ranged from $53K (2024) to $110K (2021). In 2024 it made 2 grants totaling $53K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Online Giving Foundation Newark, DE | To connect causes with the worlds largest companies and their employees using technology to transform the way they receive funds and freeing up their time and resources to focus on delivering community impact. | $37,689 |
| UK Online Giving Foundation | To improve the charitable landscape by reducing the costs and overhead of donation processing through aggregation automation and outsourcing. | $14,961 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $353,322 | — | $62,506 | $52,650 | 2 | $62,506 | $19,412 |
| 2023 | $413,908 | — | $115,327 | $106,481 | 3 | $115,327 | $23,845 |
| 2022 | $530,655 | — | $118,912 | $97,536 | 8 | $118,912 | $28,570 |
| 2021 | $649,977 | $500,000 | $117,890 | $110,000 | 1 | $117,890 | $11,465 |
| 2020 | $262,919 | — | $24,077 | — | — | — | $13,463 |
Under IRS private-foundation payout rules, RRA 50 Forward Fund Inc reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
RRA 50 Forward Fund Inc is led by Paul Ottolini, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Paul Ottolini
President
On filings since 2020
0.5 hrs/week
No compensation reported
Eric Allen
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
John Yasnowski
Treasurer
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Eren Rosenfeld (2021) — Treasurer
- Former: Robert Tomasetti (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "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 RRA 50 Forward Fund Inc
How much does RRA 50 Forward Fund Inc give each year?
RRA 50 Forward Fund Inc gave $53K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $106K across 3 grants.
How large is RRA 50 Forward Fund Inc?
RRA 50 Forward Fund Inc reported $353K in total assets on its 2024 IRS Form 990-PF. It paid out $63K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).
What is RRA 50 Forward Fund Inc?
RRA 50 Forward Fund Inc is a private foundation focused on Human Services, based in New York, NY. It holds $353K in total assets as of 2024.
Where does RRA 50 Forward Fund Inc operate?
RRA 50 Forward Fund Inc has awarded grants in Alabama, California, Colorado, Delaware, Massachusetts, New York.
What is RRA 50 Forward Fund Inc's EIN?
RRA 50 Forward Fund Inc's EIN (Employer Identification Number) is 83-2895526. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work RRA 50 Forward Fund Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in RRA 50 Forward Fund Inc's focus areas in our free grants database
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