RSM US Foundation
RSM US Foundation is a public charity based in Davenport, Iowa, formed in 2014. It supports education and programs intended to help young people facing hunger, housing, or health challenges, with the aim of helping them excel in education.
RSM US Foundation at a glance
In short: RSM US Foundation gave $5.5M across 165 grants in 2024 (avg $33K), top state Illinois. 33% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $5,513,997
- -2.8% vs 2023
- Grants made (2024)
- 165
- -48.3% vs 2023
- Average grant
- $33,418
- +87.8% vs 2023
- Median grant
- $21,534
- Total assets
- $17,497,106
- +8.2% vs 2023
- New grantees (estimate)
- 33% first-time grantees (53 of 163, 2024)
- Primary geography
- Illinois (10% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to RSM US Foundation
- Contact
Mailing address: 4650 East 53Rd Street, Davenport, IA 52807
Phone: (319) 354-1500
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who RSM US Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Boys & Girls Clubs of America ($258K). Together the top 10 received $1.5M.
Organizations only. It also paid 3 individual scholarships ($47,850), which are not listed by name.
Grant Size Distribution
1,047 grants across all recorded years
The most common grant size was under $50K: 913 grants of 1,047 (87%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars were distributed across recipient states, led by Illinois and Iowa at 10% each, Massachusetts at 9%, and Georgia and New York at 6% each. The Power of Love campaign’s reported reach included the United States, Canada, India, and El Salvador.
Grant Distribution by State
Share of 2024 grant dollars across all 165 itemized grants.
States
Cities
Is RSM US Foundation open to new grantees?
33%
first-time grantees, 2024
In 2024, 53 of 163 grantees (33%) were first-time recipients. First grants averaged $28K; repeat grants $37K. How we count
Medians: $20K first-time, $24K repeat.
- 58% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−6%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). 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 2020 to 2024, annual grant giving ranged from $4.9M (2020) to $7.8M (2022). In 2024 it made 165 grants totaling $5.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Clubs of America Atlanta, GA | Youth education - bgca, community impact fund, and dollars for doers | $257,835 |
| The MGH Institute of Health Professions Inc Charlestown, MA | Youth Education - Power of Love | $178,875 |
| United Way of Central Iowa Des Moines, IA | Youth education - power of love and dollars for doers | $177,067 |
| United Way of Central Alabama Inc Birmingham, AL | Youth education - power of love and dollars for doers | $158,341 |
| Achieve Twin Cities Minneapolis, MN | Youth education - power of love and dollars for doers | $152,968 |
| Greater Cedar Rapids Community Foundation Cedar Rapids, IA | Youth education - zach johnson foundation rsm shot at college | $130,000 |
| Courageous Sailing Center for Youth Inc Charlestown, MA | Youth Education - University Scholarships | $120,000 |
| Feeding America Chicago, IL | Youth Health and Hunger - Dollars for Doers | $107,337 |
| Apex for Youth Inc New York, NY | Youth education - power of love and dollars for doers | $104,678 |
| Active Minds Inc Washington, DC | Youth Health and Education - Program Support | $100,000 |
Ready to take the next step with RSM US Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $17,497,106 | $7,047,036 | $7,007,407 | $5,513,997 | 165 | $538,892 |
| 2023 | $16,170,213 | $8,036,477 | $7,153,298 | $5,675,576 | 319 | $371,002 |
| 2022 | $13,888,045 | $11,436,513 | $9,034,475 | $7,810,491 | 268 | $321,183 |
| 2021 | $13,920,904 | $7,669,329 | $6,830,799 | $5,846,861 | 137 | $339,852 |
| 2020 | $12,346,082 | $5,987,531 | $6,387,221 | $4,889,195 | 158 | $298,045 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation states that it is dedicated to building tomorrow’s middle market leaders by enhancing educational outcomes and supporting organizations that provide young people with greater stability in hunger, housing, or health.
Its 2024 grants included support for youth education, youth health and hunger, disaster relief, university scholarships, and volunteer-related giving. Recipients illustrate the range of supported organizations: Boys & Girls Clubs of America describes its work as providing children and teens with safe spaces, mentors, meals, and programs supporting academic success and leadership. Feeding America says it works to advance change by ensuring equitable access to nutritious food. Active Minds describes its mission as mobilizing youth and young adults to lead a movement around mental health. These are the grantees’ descriptions of their own missions.
Grantmaking
In 2024, the foundation reported 165 grants totaling $5,513,997. Grants ranged from $5,255 to $257,835, with a median of $21,534.
The largest reported grants included $257,835 to Boys & Girls Clubs of America for youth education; $178,875 to The MGH Institute of Health Professions for youth education; and $177,067 to United Way of Central Iowa for youth education. Other notable grants included $158,341 to United Way of Central Alabama, $152,968 to Achieve Twin Cities, and $130,000 to Greater Cedar Rapids Community Foundation.
Power of Love, conducted with the Davis Love Foundation, raised more than $3.4 million in 2024 for over 100 charities, according to the foundation. The campaign supports charities serving children and families. The foundation also reported that more than 90 colleges and universities and 31 eligible individuals received grants and scholarships through university giving. Through Dollars for Doers, it matches eligible employee volunteer hours with monetary grants; in 2024, it reported that over 300 grants were disbursed to eligible organizations.
The foundation says recipient organizations must submit reports, with the required detail and frequency commensurate with each grant’s size and purpose. Its board establishes grant oversight guidelines applied consistently across the foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Doug Opheim as chair and treasurer; Brian Becker as president; Donna Sciarappa as secretary; and Robbie Beyer, Chuck Freeman, Rhonda Klosler, Wendy Sancewich, and Jonathan Waterman as directors. Tony Wood is listed as former vice president.
RSM US Foundation is led by Brian Becker, President on every filing since 2022; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Brian Becker
President
On filings since 2022
2 hrs/week
No compensation reported
Doug Opheim
Chair & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Chuck Freeman
Director
On filings since 2021
2 hrs/week
No compensation reported
Jonathan Waterman
Director
On filings since 2021
2 hrs/week
No compensation reported
Rhonda Klosler
Director
On filings since 2022
2 hrs/week
No compensation reported
Robbie Beyer
Director
On filings since 2023
2 hrs/week
No compensation reported
Wendy Sancewich
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Donna Sciarappa
Secretary
Director → Secretary, 2024
On filings since 2020
2 hrs/week
No compensation reported
Tony Wood
Former Vice President
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (6)
- Former: Jackie Dammeier (2020–2023) — Director
- Former: Sudhir Kondisetty (2020–2023) — Vice Chair
- Former: Joseph Adams (2020–2022) — President
- Former: Anthony Boucher (2020–2021) — Director
- Former: Michael Greer (2020–2021) — Secretary
- Former: Jason Alexander (2020) — Director
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 RSM US Foundation
How much does RSM US Foundation give each year?
RSM US Foundation gave $5.5M across 165 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $5.7M across 319 grants.
What is RSM US Foundation's typical grant size?
RSM US Foundation's median grant in 2024 was $21,534, and its average grant was $33,418, across 165 grants on its 2024 IRS Form 990. Organizations receiving their first grant from RSM US Foundation that year got $28K on average.
Where does RSM US Foundation give grants?
RSM US Foundation's top state is Illinois, with 10% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Iowa (10%) and Massachusetts (9%). The most frequent recipient cities were Chicago, IL (10 grants), Philadelphia, PA (6 grants), Charlestown, MA (5 grants) and New York, NY (5 grants).
Does RSM US Foundation give general operating support?
Not in 2024: none of the 165 grants with a stated purpose on RSM US Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Youth Education - Power of Love and Dollars for Doers" (26 grants), "Youth Education - University Scholarships" (19 grants) and "Program Support - Power of Love" (17 grants).
Who are RSM US Foundation's largest grantees?
RSM US Foundation's largest 2024 grantees include Boys & Girls Clubs of America ($257,835), The MGH Institute of Health Professions Inc ($178,875) and United Way of Central Iowa ($177,067), according to its 2024 IRS Form 990. It also paid 3 individual scholarships ($47,850), which are not listed by name. Together they received 11% of its itemized 2024 grant dollars.
How large is RSM US Foundation?
RSM US Foundation reported $17.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $7.0M.
What does RSM US Foundation fund?
The foundation states that it is dedicated to building tomorrow’s middle market leaders by enhancing educational outcomes and supporting organizations that provide young people with greater stability in hunger, housing, or health. See mission & focus areas ↑
How do I apply for a grant from RSM US Foundation?
RSM US Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is RSM US Foundation's EIN?
RSM US Foundation's EIN (Employer Identification Number) is 47-2248988. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in RSM US Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Lumen Clarke M Williams Foundation
Wilmington, DE
The foundation supports employee giving and volunteer programs, as well as K–12 classroom technology through its Teachers and Technology program. That program offers grants of up to $5,000 to eligible schools in 10 states; 2024 giving had a median grant of $6,110 and was concentrated in Delaware. It generally funds preselected organizations and does not accept unsolicited requests, though eligible teachers could apply for the announced Teachers and Technology round.
Assets
$12.1M
Grants
4
Total Given
$971K
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
McKesson Foundation Inc
Dallas, TX
The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.
Assets
$1.6M
Grants
76
Total Given
$16.6M
United Way Worldwide
Alexandria, VA
United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.
Assets
$68.0M
Grants
209
Total Given
$11.4M
More similar funders
More Funders in Iowa
Cite this profile
Grantable. (2026). RSM US Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/rsm-us-foundation-morg_0f7facaa503d4e8a9479d445cfda8394
BibTeX
@misc{grantable_472248988_2026,
author = {{Grantable}},
title = {{RSM US Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/rsm-us-foundation-morg_0f7facaa503d4e8a9479d445cfda8394},
note = {Accessed 2026-10-12. 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 RSM US 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.
RSM US Foundation down — hundreds of funders to go?