The Rhines Foundation

DALLAS, TX EIN: 93-1331653

The Rhines Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.1M in total assets. In 2024, it awarded 9 grants totaling $1.9M. Net investment income was $4.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$36.1M

+8.7% YoY

Annual Giving

$1.9M

+7.0% YoY

Grant Count

9

-18.2% YoY

Avg Grant Size

$213K

+30.7% YoY

About The Rhines Foundation

Based on IRS filings

The Rhines Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36.1M in total assets. In 2024, it awarded 9 grants totaling $1.9M. Net investment income was $4.2M.

Ready to take the next step with The Rhines Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

ArlingtonDallasGainesvilleGainsvilleKnoxvillePlanoPortlandSlidellStanfordWacoWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$9M$13M$18M20202021202220232024
Metric202420232022
Total Assets$36,076,999$33,181,772$29,693,120
Revenue$5,959,811$6,299,927$15,970,087
Expenses$2,212,636$2,327,435$1,672,424
Qualifying Distributions$1,919,308$1,793,836$1,383,949
Net Investment Income$4,241,763$5,059,879$12,322,216
Distributable Amount$2,147,911$1,919,935$1,790,817

Giving Over Time

Total grant dollars and number of grants per year

$0$479K$958K$1M$2M5 grants20209 grants202110 grants202211 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

UNIVERSITY OF FLORIDA FO…$1.4MSOUTHERN METHODIST UNIVE…$300KSCOTTISH RITE HOSPITAL$104KSTANFORD UNIVERSITY$50KINSTITUTE FOR JUSTICE$20KDALLAS SUMMER MUSICALS$10KCATO INSTITUTE$5KRETINA FOUNDATION OF THE…$5KTAU BETA PI$1K

Grant Size Distribution

44 grants across all recorded years

31<$50K3$50–100K4$100–250K1$250–500K2$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WALDEN C RHINESSETTLOR & TRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with The Rhines Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities