Rushmore Family Foundation
Rushmore Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOULDER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 8 grants totaling $93K. Net investment income was $149K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+3.5% YoY
Annual Giving
$93K
+5.8% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$12K
-20.6% YoY
Under IRS private-foundation payout rules, Rushmore Family Foundation reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.
About Rushmore Family Foundation
Based on IRS filings
Rushmore Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOULDER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 8 grants totaling $93K. Net investment income was $149K.
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 | $1,502,330 | $1,451,290 | $1,464,479 |
| Revenue | $158,444 | $87,598 | $82,695 |
| Expenses | $102,430 | $100,542 | $80,143 |
| Qualifying Distributions | $92,600 | $87,500 | $67,000 |
| Net Investment Income | $148,614 | $74,556 | $69,553 |
| Distributable Amount | $100,003 | $81,468 | $82,297 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Eagle Valley Comm Fdn ($25,100), Guardian Scholars ($15,000), Guardian Scholars ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BRAVO VAIL VAIL, CO | FOR FURTHER CHARITABLE PURPOSE | $10,000 |
| BUILD INC CHICAGO, IL | FOR FURTHER CHARITABLE PURPOSE | $5,000 |
| EAGLE VALLEY COMM FDN EDWARDS, CO | FOR FURTHER CHARITABLE PURPOSE | $25,100 |
| EVANS SCHOLARS FDN GLENVIEW, IL | FOR FURTHER CHARITABLE PURPOSE | $10,000 |
| GUARDIAN SCHOLARS GRAND JUNCTION, CO | FOR FURTHER CHARITABLE PURPOSE | $12,500 |
| VAIL VETERANS PROGRAM VAIL, CO | FOR FURTHER CHARITABLE PURPOSE | $10,000 |
| GUARDIAN SCHOLARS GRAND JUNCTION, CO | FOR FURTHER CHARITABLE PURPOSE | $15,000 |
| HIRSCHORN MUSEUM WASHINGTON, DC | FOR FURTHER CHARITABLE PURPOSE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUE C RUSHMORE | PRESIDENT, TREASURER, DIRECTOR | 2 | — |
| MICHAEL H RUSHMORE JR | SECRETARY, VICE PRESIDENT, DIRECTOR | 1 | — |
| MICHAEL H RUSHMORE III | DIRECTOR | — | — |
| CAROLINE R SCHELBLE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rushmore Family Foundation?
Rushmore Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOULDER, CO. It holds $1.5M in total assets as of 2024.
How large is Rushmore Family Foundation?
As of 2024, Rushmore Family Foundation holds $1.5M in total assets with $158K in annual revenue. It awarded 8 grants totaling $93K in 2024.
Where does Rushmore Family Foundation operate?
Rushmore Family Foundation has awarded grants in California, Colorado, District of Columbia, Illinois, Oklahoma.
What size grants does Rushmore Family Foundation award?
In 2024, Rushmore Family Foundation awarded 8 grants totaling $93K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Rushmore Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rushmore Family Foundation reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rushmore Family Foundation's EIN?
Rushmore Family Foundation's EIN (Employer Identification Number) is 84-3055536. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rushmore Family 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.