Saul and Lee Rachelson Family Foundation
Saul and Lee Rachelson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 16 grants totaling $106K. Net investment income was $119K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+5.2% YoY
Annual Giving
$106K
+31.0% YoY
Grant Count
16
-15.8% YoY
Avg Grant Size
$7K
+55.6% YoY
Under IRS private-foundation payout rules, Saul and Lee Rachelson Family Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.
About Saul and Lee Rachelson Family Foundation
Based on IRS filings
Saul and Lee Rachelson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 16 grants totaling $106K. Net investment income was $119K.
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 | $1,593,055 | $1,514,555 | $1,544,481 |
| Revenue | $406,764 | $174,404 | $223,895 |
| Expenses | $116,226 | $92,089 | $118,566 |
| Qualifying Distributions | $107,932 | $82,718 | $110,172 |
| Net Investment Income | $119,004 | $55,528 | $33,996 |
| Distributable Amount | $112,967 | $96,704 | $91,610 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Joseph's Hospitals Foundation ($42,680), Congregation Schaarai Zedek ($31,742), Metropolitan Ministries ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CONGREGATION SCHAARAI ZEDEK TAMPA, FL | GENERAL OPERATIONS | $31,742 |
| FLORIDA HOLOCAUST MUSEUM SAINT PETERSBURG, FL | GENERAL OPERATIONS | $100 |
| GOLD SHIELD FOUNDATION TAMPA, FL | GENERAL OPERATIONS | $200 |
| HCC FOUNDATION TAMPA, FL | GENERAL OPERATIONS | $5,000 |
| LIGHTHOUSE FOR THE BLIND & LOW VISION TAMPA, FL | GENERAL OPERATIONS | $1,000 |
| MEMORIAL FOUNDATION HOLLYWOOD, FL | GENERAL OPERATIONS | $2,500 |
| MENORAH LIFE FOUNDATION SAINT PETERSBURG, FL | GENERAL OPERATIONS | $500 |
| METROPOLITAN MINISTRIES TAMPA, FL | GENERAL OPERATIONS | $7,000 |
| MOFFITT CANCER CENTER FOUNDATION TAMPA, FL | GENERAL OPERATIONS | $3,500 |
| ST JOSEPH'S HOSPITALS FOUNDATION TAMPA, FL | GENERAL OPERATIONS | $42,680 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SAUL RACHELSON | PRESIDENT | 10 | — |
| LEE RACHELSON | VICE PRESIDENT | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Saul and Lee Rachelson Family Foundation?
Saul and Lee Rachelson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. It holds $1.6M in total assets as of 2024.
How large is Saul and Lee Rachelson Family Foundation?
As of 2024, Saul and Lee Rachelson Family Foundation holds $1.6M in total assets with $407K in annual revenue. It awarded 16 grants totaling $106K in 2024.
Where does Saul and Lee Rachelson Family Foundation operate?
Saul and Lee Rachelson Family Foundation has awarded grants in Colorado, District of Columbia, Florida, Georgia, Louisiana, Tennessee.
What size grants does Saul and Lee Rachelson Family Foundation award?
In 2024, Saul and Lee Rachelson Family Foundation awarded 16 grants totaling $106K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Saul and Lee Rachelson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Saul and Lee Rachelson Family Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Saul and Lee Rachelson Family Foundation's EIN?
Saul and Lee Rachelson Family Foundation's EIN (Employer Identification Number) is 83-1868052. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Saul and Lee Rachelson 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.
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