Rutland Foundation Inc

MADISON, GA EIN: 58-1259086

Rutland Foundation Inc is a private foundation, based in MADISON, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $460K in total assets. In 2024, it awarded 2 grants totaling $20K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$460K

-14.2% YoY

Annual Giving

$20K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$10K

+0.0% YoY

Under IRS private-foundation payout rules, Rutland Foundation Inc reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.

About Rutland Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $144K (67%)

North Carolina $70K (33%)

States

Georgia North Carolina

Cities

AtlantaBooneCovingtonDecaturGainesvilleMadisonNorcrossOxfordRidgecrest

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$460,141	$536,132	$609,271
Revenue	$32,646	$23,385	$8,254
Expenses	$89,230	$81,749	$108,822
Qualifying Distributions	$20,000	$20,000	$45,000
Net Investment Income	—	—	—
Distributable Amount	$25,331	$28,868	$34,679

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

21 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Camp Twin Lakes ($10,000), Boys Girls Club of Madison-Morgan C ($10,000).

Recipient	Purpose	Amount
Camp Twin Lakes Atlanta, GA	Youth with disabilities summer camps	$10,000
Boys Girls Club of Madison-Morgan C Madison, GA	Assistance to disadvantaged children	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
H Anthony Mccullar	Treasurer	1	—
Susan R Mccullar	President & CEO	1	—
Robert J Rutland	Vice President	1	—
Guy W Rutland III	Vice President	1	—

Frequently Asked Questions

How large is Rutland Foundation Inc?

As of 2024, Rutland Foundation Inc holds $460K in total assets with $33K in annual revenue. It awarded 2 grants totaling $20K in 2024.

Where does Rutland Foundation Inc operate?

Rutland Foundation Inc has awarded grants in Georgia, North Carolina.

What size grants does Rutland Foundation Inc award?

In 2024, Rutland Foundation Inc awarded 2 grants totaling $20K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Rutland Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rutland Foundation Inc reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.