The Rich and Alison Rao Family Foundation
The Rich and Alison Rao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $991K in total assets. In 2024, it awarded 2 grants totaling $38K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$991K
Annual Giving
$38K
Grant Count
2
Avg Grant Size
$19K
About The Rich and Alison Rao Family Foundation
Based on IRS filings
The Rich and Alison Rao Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $991K in total assets. In 2024, it awarded 2 grants totaling $38K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 |
|---|---|---|
| Total Assets | $990,585 | $541,098 |
| Revenue | $328,470 | $541,098 |
| Expenses | $55,482 | — |
| Qualifying Distributions | $54,492 | — |
| Net Investment Income | $24,456 | — |
| Distributable Amount | $40,115 | $1,142 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Alison Rao | Dir, Pres | 1 | — |
| Richard J Rao | Dir, Sec, Treas | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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