The Rack Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 5 grants totaling $145K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5K
+42.9% YoY
Annual Giving
$145K
Grant Count
5
Avg Grant Size
$29K
About The Rack Foundation
Based on IRS filings
The Rack Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 5 grants totaling $145K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,933 | $3,453 | $969 |
| Revenue | $150,000 | $100,000 | $30,000 |
| Expenses | $148,520 | $97,516 | $30,000 |
| Qualifying Distributions | $290,998 | $93,466 | $30,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | $48 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Care Organization ($103,000), Backfit Cares ($25,000), Arizona Humane Society ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A NEW LEAF MESA, AZ | GENERAL OPERATIONS | $1,499 |
| ARIZONA HUMANE SOCIETY PHOENIX, AZ | GENERAL OPERATIONS | $15,000 |
| BACKFIT CARES CHANDLER, AZ | GENERAL OPERATIONS | $25,000 |
| THE CARE ORGANIZATION PHOENIX, AZ | GENERAL OPERATIONS | $103,000 |
| THE SINGLETONS PHOENIX, AZ | GENERAL OPERATIONS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADAM J RACK | VICE PRESIDE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Rack Foundation?
The Rack Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCOTTSDALE, AZ. It holds $5K in total assets as of 2024.
How large is The Rack Foundation?
As of 2024, The Rack Foundation holds $5K in total assets with $150K in annual revenue. It awarded 5 grants totaling $145K in 2024.
Where does The Rack Foundation operate?
The Rack Foundation has awarded grants in Arizona.
What size grants does The Rack Foundation award?
In 2024, The Rack Foundation awarded 5 grants totaling $145K — an average of about $29K per grant, based on its IRS Form 990 filings.
What is The Rack Foundation's EIN?
The Rack Foundation's EIN (Employer Identification Number) is 85-3345483. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Rack 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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