The Rainbow Fund Inc
The Rainbow Fund Inc is a private foundation, based in POTOMAC, MD. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $309K in total assets. Net investment income was $7K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$309K
-9.6% YoY
Revenue
$7K
-191.0% YoY
Net Investment Income
$7K
+47.8% YoY
Expenses
$68
-57.8% YoY
Under IRS private-foundation payout rules, The Rainbow Fund Inc reported a distributable amount of $16K for 2022 — the minimum it must pay out in qualifying distributions.
About The Rainbow Fund Inc
Based on IRS filings
The Rainbow Fund Inc is a private foundation, based in POTOMAC, MD. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $309K in total assets. Net investment income was $7K.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $309,073 | $341,882 | $203,437 |
| Revenue | $7,229 | $-7,942 | $11,784 |
| Expenses | $68 | $161 | $380 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,229 | $4,891 | $11,609 |
| Distributable Amount | $15,521 | $15,361 | $11,029 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2022
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2022.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| M Abramowitz | pres secy dir | 1 | — |
Frequently Asked Questions
How large is The Rainbow Fund Inc?
As of 2022, The Rainbow Fund Inc holds $309K in total assets with $7K in annual revenue.
How much is The Rainbow Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, The Rainbow Fund Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Rainbow Fund Inc's EIN?
The Rainbow Fund Inc's EIN (Employer Identification Number) is 52-1296116. IRS Form 990 filing data is available on this page for 2020–2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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