The Rayni Foundation Inc

MIAMI, FL EIN: 65-0838191

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

5states

Cities

ChicagoDoralFairviewFort LauderdaleHialeahLos AngelesMiamiMiami GardensMorgantonParamusSt Petersburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$163K$326K$489K$651K20202021202220232024
Metric202420232022
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

$0$75K$150K$225K$300K16 grants202017 grants202119 grants202215 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

CARROLLTON SCHOOL OF THE…$110KTOXOPLASMOSIS RESEARCH I…$100KST THOMAS UNIVERSITY SCH…$23KCARPE DIEM ACADEMY$22KTHEATINE SISTERS INMACUL…$20KTRUE NOLAN ELA$13KFLORIDA INTERNATIONAL UN…$9KSCHOOL SHAPING ACADEMY$3K

Grant Size Distribution

75 grants across all recorded years

72<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
CARPE DIEM ACADEMY MIAMI, FLSCHOLARSHIP$22,087
FLORIDA INTERNATIONAL UNIVERSITY MIAMI, FLSCHOLARSHIP$9,423
ST THOMAS UNIVERSITY SCHOOL OF LAW MIAMI GARDENS, FLSCHOLARSHIP$23,100
THEATINE SISTERS INMACULATE CONCEPTION MIAMI, FLSCHOLARSHIP$20,000
TRUE NOLAN ELA MIAMI, FLSCHOLARSHIP$12,590
CARROLLTON SCHOOL OF THE SACRED HEART MIAMI, FLSCHOLARSHIP$109,743
TOXOPLASMOSIS RESEARCH INSTITUTE CHICAGO, ILHEALTH RESEARCH$100,000
SCHOOL SHAPING ACADEMY MIAMI, FLSCHOLARSHIP$2,850

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GLORIA CORONELDIRECTOR3
RICHARD TROTTADIRECTOR3
RAUL F RODRIGUEZDIRECTOR3
PAOLA A RODRIGUEZDIRECTOR3

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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