Rz Foundation

PENNINGTON, NJ EIN: 54-1943881

Rz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.7M in total assets. In 2025, it awarded 13 grants totaling $190K. Net investment income was $240K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.7M

+1.3% YoY

Annual Giving

$190K

+4.5% YoY

Grant Count

13

+30.0% YoY

Avg Grant Size

$15K

-19.6% YoY

Under IRS private-foundation payout rules, Rz Foundation reported a distributable amount of $263K for 2025 — the minimum it must pay out in qualifying distributions.

About Rz Foundation

Based on IRS filings

Rz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.7M in total assets. In 2025, it awarded 13 grants totaling $190K. Net investment income was $240K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

Albert LeaAlexandriaAnnapolisBaltimoreBethesdaBluemontBooneCharlottesvilleCoconut CreekFairfaxFalls ChurchFishersvilleHarrisonburgLortonLos AngelesMontgomeryNew YorkRichmondRockvilleSan Antonio

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$182K$364K$546K$728K20212022202320242025
Metric202520242023
Total Assets$4,688,647$4,627,768$4,444,130
Revenue$339,893$442,166$276,566
Expenses$277,891$257,054$295,962
Qualifying Distributions$238,028$226,862$256,818
Net Investment Income$240,176$270,355$74,197
Distributable Amount$262,790$235,582$233,219

Giving Over Time

Total grant dollars and number of grants per year

$0$51K$103K$154K$206K21 grants202125 grants202223 grants202310 grants202413 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

TOMORROW'S RAINBOW INC$49KJEWISH SOCIAL SERVICE AG…$40KSTAUNTON MONTESSORI SCHO…$35KCATS CRADLE$23KFAIRFAX COUNTY PARK FDN …$22KPROJECT GROWS$10KUSAFA PANCA$5KBROOKE ARMY MEDICAL CTR …$2KJONES GARDENS$2KSPECIAL OLYMPICS$1K

Grant Size Distribution

92 grants across all recorded years

87<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Tomorrow's Rainbow Inc ($48,917), Jewish Social Service Agency ($40,000), Staunton Montessori School Inc ($35,000).

RecipientPurposeAmount
MEMORIAL SLOAN KETTERING CANCER CTR NEW YORK, NYUNRESTRICTED GENERAL$500
CATS CRADLE HARRISONBURG, VAUNRESTRICTED GENERAL$23,000
SPECIAL OLYMPICS BALTIMORE, MDUNRESTRICTED GENERAL$1,000
BOULDER CREST FOUNDATION BLUEMONT, VAUNRESTRICTED GENERAL$1,000
WORLD CENTRAL KITCHEN WASHINGTON, DCUNRESTRICTED GENERAL$1,000
TOMORROW'S RAINBOW INC COCONUT CREEK, FLUNRESTRICTED GENERAL$48,917
PROJECT GROWS VERONA, VACOMMUNITY AMBASSADOR$10,000
BROOKE ARMY MEDICAL CTR AUXILIARY SAN ANTONIO, TXUNRESTRICTED GENERAL$1,500
JEWISH SOCIAL SERVICE AGENCY ROCKVILLE, MDUNRESTRICTED GENERAL$40,000
STAUNTON MONTESSORI SCHOOL INC FISHERSVILLE, VASCHOLARSHIPS$35,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
RUTH RUSKINPRESIDENT1
JAMES H MALONEYTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Rz Foundation?

Rz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $4.7M in total assets as of 2025.

How large is Rz Foundation?

As of 2025, Rz Foundation holds $4.7M in total assets with $340K in annual revenue. It awarded 13 grants totaling $190K in 2025.

Where does Rz Foundation operate?

Rz Foundation has awarded grants in Alabama, California, District of Columbia, Florida, Iowa, Maryland, Minnesota, New York, Texas, Virginia.

What size grants does Rz Foundation award?

In 2025, Rz Foundation awarded 13 grants totaling $190K — an average of about $15K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2025, Rz Foundation reported a distributable amount of $263K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Rz Foundation's EIN?

Rz Foundation's EIN (Employer Identification Number) is 54-1943881. IRS Form 990 filing data is available on this page for 2021–2025.

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Related Funders

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

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