The Rayni Foundation Inc
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.
The Rayni Foundation Inc at a glance
In short: The Rayni Foundation Inc gave $300K across 8 grants in 2024 (avg $37K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $299,793
- +79.2% vs 2023
- Grants made (2024)
- 8
- -46.7% vs 2023
- Average grant
- $37,474
- +236.0% vs 2023
- Median grant
- $21,044
- Total assets
- $3,400,087
- +8.2% vs 2023
- Primary geography
- Florida (67% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Rayni Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Carrollton School of the Sacred Heart ($110K). Together the top 5 received $244K.
Organizations only. It also paid 3 individual scholarships ($55,690), which are not listed by name.
Grant Size Distribution
75 grants across all recorded years
The most common grant size was under $50K: 72 grants of 75 (96%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How The Rayni Foundation Inc gives
- Giving grew 68% from 2021 to 2024. Method
- In 2024 it paid out 138% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $167K (2023) to $300K (2024). In 2024 it made 8 grants totaling $300K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Carrollton School of the Sacred Heart Miami, FL | Scholarship | $109,743 |
| Toxoplasmosis Research Institute Chicago, IL | Health Research | $100,000 |
| 3 individual scholarships Recipients not named | — | $55,690 |
| Carpe Diem Academy Miami, FL | Scholarship | $22,087 |
| Florida International University Miami, FL | Scholarship | $9,423 |
| School Shaping Academy Miami, FL | Scholarship | $2,850 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,400,087 | $592,228 | $334,878 | $299,793 | 8 | $310,777 | $100,957 | $225,616 |
| 2023 | $3,141,408 | $99,199 | $227,346 | $167,290 | 15 | $203,616 | $98,316 | $197,789 |
| 2022 | $3,270,052 | $102,207 | $317,008 | $196,968 | 19 | $317,008 | — | $217,080 |
| 2021 | $3,486,013 | $151,497 | $260,629 | $178,667 | 17 | $260,629 | $69,535 | $232,186 |
| 2020 | $3,593,578 | $116,404 | $296,774 | $245,465 | 16 | — | $65,095 | $225,125 |
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.
Leadership & Key People
Officers and directors from IRS filings
The Rayni Foundation Inc's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Gloria Coronel
Director
On filings since 2020
3 hrs/week
No compensation reported
Raul F. Rodriguez
Director
On filings since 2022
3 hrs/week
No compensation reported
Richard Trotta
Director
On filings since 2022
3 hrs/week
No compensation reported
Paola A. Rodriguez
Director
On filings since 2023
3 hrs/week
No compensation reported
Former officers (3)
- Former: Nidia Maldonado Montero (2020–2023) — Director
- Former: Ricardo Miguel Montero (2020–2023) — Director
- Former: Tania Montero (2022–2023) — Director
Data from IRS Form 990 filings, 2020–2024. "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 Rayni Foundation Inc
How much does The Rayni Foundation Inc give each year?
The Rayni Foundation Inc gave $300K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $167K across 15 grants.
What is The Rayni Foundation Inc's typical grant size?
The Rayni Foundation Inc's median grant in 2024 was $21,044, and its average grant was $37,474, across 8 grants on its 2024 IRS Form 990-PF.
Where does The Rayni Foundation Inc give grants?
The Rayni Foundation Inc gives mostly in Florida: 67% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Illinois (33%). The most frequent recipient cities were Miami, FL (4 grants).
Does The Rayni Foundation Inc give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on The Rayni Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (7 grants).
Who are The Rayni Foundation Inc's largest grantees?
The Rayni Foundation Inc's largest 2024 grantees include Carrollton School of the Sacred Heart ($109,743), Toxoplasmosis Research Institute ($100,000) and Carpe Diem Academy ($22,087), according to its 2024 IRS Form 990-PF. It also paid 3 individual scholarships ($55,690), which are not listed by name. Together they received 77% of its itemized 2024 grant dollars.
How large is The Rayni Foundation Inc?
The Rayni Foundation Inc reported $3.4M in total assets on its 2024 IRS Form 990-PF. It paid out $311K in qualifying distributions that year, against a required minimum of $226K (roughly 5% of its investment assets).
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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Rayni Foundation Inc funds
Education Open opportunities, soonest deadline first.
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Browse active grant opportunities in The Rayni Foundation Inc's focus areas in our free grants database
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