Scholarship Fund for Rainier Scholars
Support additional financial aid opportunities at participating independent schools for students prepared through the rainier scholars program.
Scholarship Fund for Rainier Scholars at a glance
In short: Scholarship Fund for Rainier Scholars gave $609K across 8 grants in 2024 (avg $76K), mostly in Washington. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $608,838
- Grants made (2024)
- 8
- Average grant
- $76,105
- Median grant
- $86,873
- Total assets
- $8,682,193
- +3.8% vs 2023
- Primary geography
- Washington (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Scholarship Fund for Rainier Scholars funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Eastside Preparatory School ($87K). Together the top 6 received $521K.
Organizations only. It also paid 2 individual scholarships ($87,600), which are not listed by name.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 23 grants of 32 (72%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $182K (2019) to $609K (2024). In 2024 it made 8 grants totaling $609K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Eastside Preparatory School Kirkland, WA | Scholarship Funding for Individual Schools | $86,873 |
| Lakeside School Seattle, WA | Scholarship Funding for Individual Schools | $86,873 |
| Seattle Academy of Arts and Sciences Seattle, WA | Scholarship Funding for Individual Schools | $86,873 |
| The Bush School Seattle, WA | Scholarship Funding for Individual Schools | $86,873 |
| The Northwest School Seattle, WA | Scholarship Funding for Individual Schools | $86,873 |
| University Preparatory Academy Seattle, WA | Scholarship Funding for Individual Schools | $86,873 |
| 2 individual scholarships Recipients not named | — | $87,600 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $8,682,193 | $462,794 | $647,070 | $608,838 | 8 | $458,312 |
| 2023 | $8,367,321 | $312,456 | $29,400 | — | — | $312,423 |
| 2022 | $7,236,576 | $315,053 | $322,661 | $286,841 | 8 | $313,448 |
| 2020 | $7,973,916 | $312,215 | $595,167 | $237,952 | 8 | $311,172 |
| 2019 | $7,782,560 | $301,640 | $213,049 | $182,000 | 8 | $300,066 |
About Scholarship Fund for Rainier Scholars
Based on IRS filings
Scholarship Fund for Rainier Scholars is a public charity focused on Education, based in Seattle, WA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 8 grants totaling $609K. Net investment income was $458K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Scholarship Fund for Rainier Scholars is led by Mikal Thomsen, Board Chair since 2023 (on filings since 2019); 1 of 7 officers listed in 2024 is compensated.
Officers on the 2024 filing
Mikal Thomsen
Board Chair
Director → Trustee, 2022
Trustee → Board Chair, 2023
On filings since 2019
1 hr/week
No compensation reported
Morgan Larsen
Director of Finance & Operations
New on the 2024 filing
1 hr/week
$127K (2024)
Mary Pugh
Trustee
President → Board Chair, 2022
Board Chair → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Robert Strong
Trustee
Director → Trustee, 2024
On filings since 2019
1 hr/week
No compensation reported
Kevin Baker
Trustee
On filings since 2022
1 hr/week
No compensation reported
Zander Doroski
Trustee
On filings since 2022
1 hr/week
No compensation reported
Ricky Kimalat
Treasurer & Secretary
Trustee → Treasurer & Secretary, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (6)
- Former: Bob Strong (2022–2023) — Trustee
- Former: Anthony Smith (2022) — Trustee
- Former: Rafael Del Castillo (2022) — Trustee
- Former: John Snyder (2019–2020) — Treasurer
- Former: Sarah Smith (2019–2020) — Executive Director
- Former: Tony Smith (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $127K, to Morgan Larsen (Director of Finance and Operations).
Frequently asked questions about Scholarship Fund for Rainier Scholars
How much does Scholarship Fund for Rainier Scholars give each year?
Scholarship Fund for Rainier Scholars gave $609K across 8 grants in 2024, according to its 2024 IRS Form 990.
What is Scholarship Fund for Rainier Scholars's typical grant size?
Scholarship Fund for Rainier Scholars's median grant in 2024 was $86,873, and its average grant was $76,105, across 8 grants on its 2024 IRS Form 990.
Where does Scholarship Fund for Rainier Scholars give grants?
Scholarship Fund for Rainier Scholars gives mostly in Washington: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Seattle, WA (5 grants).
Does Scholarship Fund for Rainier Scholars give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Scholarship Fund for Rainier Scholars's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Scholarship Funding for Individual Schools" (8 grants).
Who are Scholarship Fund for Rainier Scholars's largest grantees?
Scholarship Fund for Rainier Scholars's largest 2024 grantees include Eastside Preparatory School ($86,873), Lakeside School ($86,873) and Seattle Academy of Arts and Sciences ($86,873), according to its 2024 IRS Form 990. It also paid 2 individual scholarships ($87,600), which are not listed by name. Together they received 43% of its itemized 2024 grant dollars.
How large is Scholarship Fund for Rainier Scholars?
Scholarship Fund for Rainier Scholars reported $8.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $463K.
What is Scholarship Fund for Rainier Scholars?
Scholarship Fund for Rainier Scholars is a public charity focused on Education, based in Seattle, WA. It holds $8.7M in total assets as of 2024.
What is Scholarship Fund for Rainier Scholars's EIN?
Scholarship Fund for Rainier Scholars's EIN (Employer Identification Number) is 46-3164286. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS April 30, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS July 7, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 24, 2025)
- IRS filings on file for fiscal years 2019–2024
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