The Joan W Rhame Foundation

Private foundation · Grantmaker Pittsburgh, PA EIN: 38-7195921

The Joan W Rhame Foundation is a private foundation, based in Pittsburgh, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.4M in total assets. In 2025, it awarded 1 grant totaling $500K. Net investment income was $653K.

Key facts about The Joan W Rhame Foundation

In short: The Joan W Rhame Foundation gave $500K across 1 grant in 2025 (avg $500K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
38-7195921
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$500,000
Grants made (2025)
1
Average grant
$500,000
Median grant
$500,000
Total assets
$3,370,666
Primary geography
New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.4M

+3.1% YoY

Annual Giving

$500K

-50.5% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$500K

-1.0% YoY

Under IRS private-foundation payout rules, The Joan W Rhame Foundation reported a distributable amount of $215K for 2025 — the minimum it must pay out in qualifying distributions.

How The Joan W Rhame Foundation gives

  • Giving grew 400% from 2022 to 2025. Method
  • In 2025 it paid out 242% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of the 2025 grant dollars on its one itemized grant.

Cities

HudsonNew HavenVero BeachAlexandriaArlingtonDenverTannersvilleCambridgeColchesterIndian River ShoresNorth MiamiWellesley

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M5 grants2021 7 grants2022 9 grants2023 2 grants2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $80K (2021) to $1.0M (2024). In 2025 it made 1 grant totaling $500K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The Olana Partnership: $500KThe Olana Partnership$500K

The largest 2025 recipient was The Olana Partnership ($500K).

Grant Size Distribution

24 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 22 grants of 24 (92%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Olana Partnership Hudson, NYGeneral Operating$500,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,370,666$3,269,448$2,708,740
Revenue$681,368$1,624,068$2,229,450
Expenses$579,391$1,058,664$192,002
Qualifying Distributions$519,290$1,029,017$147,006
Net Investment Income$652,757$1,589,309$197,006
Distributable Amount$214,879$197,344$222,700

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 11, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 2, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 19, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 5, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 25, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The Joan W Rhame Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ann Buffington Rhame Coffin

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lucy Street Rhame

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: BNY Mellon N A (2023) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Joan W Rhame Foundation

How much does The Joan W Rhame Foundation give each year?

The Joan W Rhame Foundation gave $500K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 2 grants.

How large is The Joan W Rhame Foundation?

The Joan W Rhame Foundation reported $3.4M in total assets on its 2025 IRS Form 990-PF. It paid out $519K in qualifying distributions that year, against a required minimum of $215K (roughly 5% of its investment assets).

Where does The Joan W Rhame Foundation operate?

The Joan W Rhame Foundation has awarded grants in Colorado, Connecticut, Florida, Massachusetts, New York, Virginia, Vermont.

What is The Joan W Rhame Foundation's EIN?

The Joan W Rhame Foundation's EIN (Employer Identification Number) is 38-7195921. IRS Form 990 filing data is available on this page for 2021–2025.

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

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