The Mitchell P Rales Family Foundation
The Mitchell P Rales Family Foundation is a private family foundation established in 1995 and based in Potomac, Maryland. The foundation operates as a 501(c)(3) organization with EIN 54-1739159.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$730K
+269.6% YoY
Annual Giving
$1.8M
+230.6% YoY
Grant Count
23
+0.0% YoY
Avg Grant Size
$79K
+230.6% YoY
Mission & Focus Areas
The foundation provides giving primarily for the arts and education, with additional funding for health organizations. The foundation makes cash and noncash contributions to pre-selected charitable organizations.
Grantmaking
The foundation's recent grantmaking activity includes:
Ready to take the next step with The Mitchell P Rales Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states including California, Washington D.C., Hawaii, Maryland, Maine, New York, Ohio, Virginia, and Vermont. Primary grantmaking focuses on Maine, Maryland, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total Assets: $729,908
- Total Giving: $1,809,227
2023:
- Total Assets: $197,469
- Total Revenue: $648,240
- Total Expenses: $547,300
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $729,908 | $197,469 | $234,507 |
| Revenue | $2,532,631 | $648,240 | $3,220,637 |
| Expenses | $1,816,570 | $547,300 | $3,224,830 |
| Qualifying Distributions | $1,811,842 | $547,300 | $3,224,830 |
| Net Investment Income | $826,812 | $81,547 | $102,936 |
| Distributable Amount | $13,519 | $11,831 | $12,536 |
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
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Mitchell P. Rales – Chairman/Director
- C. Scott Brannan – President
- Matthew J. Rales – Vice President
- Amanda F. Rales – Vice President
- Rachel L. S. Plumley – Secretary/Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MITCHELL P RALES | CHAIRMAN/DIRECTOR | 1 | — |
| MATTHEW J RALES | VICE PRESIDENT | 1 | — |
| AMANDA F RALES | VICE PRESIDENT | 1 | — |
| C SCOTT BRANNAN | PRESIDENT | 4 | — |
| RACHEL L S PLUMLEY | SECRETARY/TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation's founder, Mitchell P. Rales, made a $1.9 billion gift to the Glenstone Foundation and Museum in 2023, which he co-founded with his wife Emily near Washington, D.C.
$1.9 billion mega-gift from philanthropists Mitch and Emily Rales to Glenstone\The Mitchell Arts Fund, administered through the Rappahannock Association for Arts and Community, announced 2025 grant awards.
Rappahannock Association for Arts and Community announces 2025 Mitchell ArtsContact Information
Address: 11790 Glen Road Potomac, MD 20854-6321 United States
Telephone: 301-299-2225
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Rotary Club of Columbia Patuxent
COLUMBIA, MD
Assets
$376K
Grants
1
Total Given
$12K
American Federation for Children Growth
COLUMBIA, MD
Assets
$9.4M
Grants
11
Total Given
$2.4M
Mayfield Scholastic Ltd
BALTIMORE, MD
Assets
—
Grants
1
Total Given
$38K
Baltimore Curriculum Project Inc
BALTIMORE, MD
Assets
$17.3M
Grants
6
Total Given
$2.7M
Government Employees' Benefit
HANOVER, MD
Assets
$3K
Grants
43
Total Given
$108K
Charles F and Margaret Mh Obrecht
BALTIMORE, MD
Assets
$1.2M
Grants
79
Total Given
$131K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Mitchell P Rales Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities