The Cleaves and Mae Rhea Foundation
The Cleaves and Mae Rhea Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 23 grants totaling $65K. Net investment income was $43K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
+7.1% YoY
Annual Giving
$65K
-0.8% YoY
Grant Count
23
-8.0% YoY
Avg Grant Size
$3K
+7.9% YoY
Under IRS private-foundation payout rules, The Cleaves and Mae Rhea Foundation reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
About The Cleaves and Mae Rhea Foundation
Based on IRS filings
The Cleaves and Mae Rhea Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 23 grants totaling $65K. Net investment income was $43K.
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 | $1,707,422 | $1,593,726 | $1,455,585 |
| Revenue | $48,776 | $39,362 | $64,039 |
| Expenses | $83,594 | $78,704 | $86,770 |
| Qualifying Distributions | $77,286 | $72,659 | $81,318 |
| Net Investment Income | $42,968 | $33,462 | $58,607 |
| Distributable Amount | $82,575 | $74,213 | $77,116 |
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
105 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City Academy ($10,000), Woodland Park Zoo ($10,000), Alameda County Community Food Bank ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Home Works St Louis, MO | General Support | $2,000 |
| Alameda County Community Food Bank Oakland, CA | General Support | $6,000 |
| Griffin Center East St Louis, IL | General Support | $1,000 |
| City Academy St Louis, MO | General Support | $10,000 |
| Springboard Foundation Chicago, IL | General Support | $1,500 |
| North Coast land Conservancy Seaside, OR | General Support | $1,000 |
| Woodland Park Zoo Seattle, WA | General Support | $10,000 |
| Seattle Art Museum Seattle, WA | General Support | $1,000 |
| Boys and Girls Club Fort Worth, TX | General Support | $1,000 |
| Mary's Place Seattle, WA | General Support | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY S THOMPSON | SECRETARY/TREAS/DIR. | — | — |
| ANDREW THOMPSON | DIRECTOR | — | — |
| CHRISTOPHER THOMPSON | President/DIRECTOR | — | — |
| HEATHER THOMPSON | DIRECTOR | — | — |
| WENDY THOMPSON | DIRECTOR | — | — |
| REBECCA D'ISAY SPRING | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Cleaves and Mae Rhea Foundation?
The Cleaves and Mae Rhea Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WORTH, TX. It holds $1.7M in total assets as of 2024.
How large is The Cleaves and Mae Rhea Foundation?
As of 2024, The Cleaves and Mae Rhea Foundation holds $1.7M in total assets with $49K in annual revenue. It awarded 23 grants totaling $65K in 2024.
Where does The Cleaves and Mae Rhea Foundation operate?
The Cleaves and Mae Rhea Foundation has awarded grants in California, Colorado, District of Columbia, Illinois, Missouri, New York, Oregon, Texas, Utah, Washington.
What size grants does The Cleaves and Mae Rhea Foundation award?
In 2024, The Cleaves and Mae Rhea Foundation awarded 23 grants totaling $65K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Cleaves and Mae Rhea Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cleaves and Mae Rhea Foundation reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cleaves and Mae Rhea Foundation's EIN?
The Cleaves and Mae Rhea Foundation's EIN (Employer Identification Number) is 75-2709116. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Cleaves and Mae Rhea 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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