The Rayni Foundation Inc is a private foundation focused on Education, based in MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 8 grants totaling $300K. Net investment income was $101K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+8.2% YoY
Annual Giving
$300K
+79.2% YoY
Grant Count
8
-46.7% YoY
Avg Grant Size
$37K
+236.0% YoY
Under IRS private-foundation payout rules, The Rayni Foundation Inc reported a distributable amount of $226K for 2024 — the minimum it must pay out in qualifying distributions.
About The Rayni Foundation Inc
Based on IRS filings
The Rayni Foundation Inc is a private foundation focused on Education, based in MIAMI, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 8 grants totaling $300K. Net investment income was $101K.
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 | $3,400,087 | $3,141,408 | $3,270,052 |
| Revenue | $592,228 | $99,199 | $102,207 |
| Expenses | $334,878 | $227,346 | $317,008 |
| Qualifying Distributions | $310,777 | $203,616 | $317,008 |
| Net Investment Income | $100,957 | $98,316 | — |
| Distributable Amount | $225,616 | $197,789 | $217,080 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Carrollton School of the Sacred Heart ($109,743), Toxoplasmosis Research Institute ($100,000), St Thomas University School of Law ($23,100).
| Recipient | Purpose | Amount |
|---|---|---|
| CARPE DIEM ACADEMY MIAMI, FL | SCHOLARSHIP | $22,087 |
| FLORIDA INTERNATIONAL UNIVERSITY MIAMI, FL | SCHOLARSHIP | $9,423 |
| ST THOMAS UNIVERSITY SCHOOL OF LAW MIAMI GARDENS, FL | SCHOLARSHIP | $23,100 |
| THEATINE SISTERS INMACULATE CONCEPTION MIAMI, FL | SCHOLARSHIP | $20,000 |
| TRUE NOLAN ELA MIAMI, FL | SCHOLARSHIP | $12,590 |
| CARROLLTON SCHOOL OF THE SACRED HEART MIAMI, FL | SCHOLARSHIP | $109,743 |
| TOXOPLASMOSIS RESEARCH INSTITUTE CHICAGO, IL | HEALTH RESEARCH | $100,000 |
| SCHOOL SHAPING ACADEMY MIAMI, FL | SCHOLARSHIP | $2,850 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GLORIA CORONEL | DIRECTOR | 3 | — |
| RICHARD TROTTA | DIRECTOR | 3 | — |
| RAUL F RODRIGUEZ | DIRECTOR | 3 | — |
| PAOLA A RODRIGUEZ | DIRECTOR | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Rayni Foundation Inc?
The Rayni Foundation Inc is a private foundation focused on Education, based in MIAMI, FL. It holds $3.4M in total assets as of 2024.
How large is The Rayni Foundation Inc?
As of 2024, The Rayni Foundation Inc holds $3.4M in total assets with $592K in annual revenue. It awarded 8 grants totaling $300K in 2024.
Where does The Rayni Foundation Inc operate?
The Rayni Foundation Inc has awarded grants in California, Florida, Georgia, Illinois, New Jersey.
What size grants does The Rayni Foundation Inc award?
In 2024, The Rayni Foundation Inc awarded 8 grants totaling $300K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is The Rayni Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Rayni Foundation Inc reported a distributable amount of $226K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Rayni Foundation Inc's EIN?
The Rayni Foundation Inc's EIN (Employer Identification Number) is 65-0838191. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Rayni Foundation Inc'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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