The Rimora Foundation

CHARLOTTESVILLE, VA EIN: 61-1579580

The Rimora Foundation is a private foundation based in Charlottesville, Virginia, established in 2012. It operates as a 501(c)(3) organization with no employees and functions as a grantmaking entity supporting educational and philanthropic initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

-28.0% YoY

Annual Giving

$4.7M

+5.1% YoY

Grant Count

-8.9% YoY

Avg Grant Size

$114K

+15.4% YoY

Under IRS private-foundation payout rules, The Rimora Foundation reported a distributable amount of $466K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

Education (particularly higher education)
Philanthropy, Voluntarism & Grantmaking
Human Services

Grantmaking

The foundation made 44 grants in 2024, with total giving of approximately $4.7 million. Grant amounts typically range from $3,000 to $4,015,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Virginia, New York, and New Jersey.

Grant Distribution by State

New York $15.7M (61%)

Virginia $8.5M (33%)

California $585K (2%)

Maryland $473K (2%)

District of Columbia $80K (0%)

New Jersey $60K (0%)

Missouri $55K (0%)

Texas $35K (0%)

+1 more states

States

California District of Columbia Kentucky Maryland Missouri New Jersey New York Texas Virginia

Cities

CharlottesvilleClaremontClintonColumbiaIthacaLexingtonNaplesPeapack And GladstoneRochesterSaint LouisSouthlakeWashingtonWilliamsburg

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $2,722,108
Total Revenues: $3,661,629
Total Expenses: $4,718,449
Investment Income and Dividends: $61,629

Prior Year (December 2023):

Investment Income and Dividends: $104,690

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,722,108	$3,778,928	$7,341,423
Revenue	$3,661,629	$904,690	$3,542
Expenses	$4,718,449	$4,467,185	$5,946,125
Qualifying Distributions	$4,693,285	$4,466,975	$5,945,975
Net Investment Income	$3,661,449	$904,540	$3,392
Distributable Amount	$465,878	$643,207	$823,466

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

224 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cornell University ($3,505,000), St Annes-belfield Inc ($382,000), Virginia Athletics Foundation ($210,000).

Recipient	Purpose	Amount
AMERICAN HORSE TRIALS FOUNDATION INC CLINTON, MD	ASSIST IN RAISING FINANCIAL SUPPORT FOR NATIONAL AND INTERNATIONAL COMPETITION	$75,000
BACKPACK BUDDIES INC CHARLOTTESVILLE, VA	SUPPLIES BACKPACKS AND SCHOOL SUPPLIES TO UNDERPRIVILEGED CHILDREN	$5,000
BIG BROTHERS BIG SISTERS OF THE CENTRAL BLUE RIDGE INC CHARLOTTESVILLE, VA	COMMUNITY BASED MENTORING PROGRAM	$10,000
BOYS AND GIRLS CLUB OF CENTRAL VIRGINIA CHARLOTTESVILLE, VA	PROVIDE A SAFE, PRODUCTIVE AND FUN AFTER SCHOOL AND SUMMER PROGRAM	$15,000
BRISTOL VALLEY THEATER NAPLES, NY	SUPPORT LIVE, PROFESSIONAL THEATER IN NAPLES, NY REGION	$15,000
BUILDING GOODNESS FOUNDATION CHARLOTTESVILLE, VA	BUILDING COMMUNITY AND IMPROVING LIVES THROUGH NONPROFIT CONSTRUCTION	$5,000
CAMP HOLIDAY TRAILS INC CHARLOTTESVILLE, VA	CAMP FOR CHILDREN WITH CHRONIC ILLNESS	$30,000
CASA CHARLOTTESVILLE, VA	PROVIDES TRAINED VOLUNTEERS AND PROFESSIONAL STAFF TO ADVOCATE FOR THE BEST INTERESTS OF ABUSED AND NEGLECTED CHILDREN AND YOUTH	$5,000
CAV FUTURES FOUNDATION CHARLOTTESVILLE, VA	SUPPORT EDUCATIONAL PROGRAMMING RELATED TO PERSONAL GROWTH AND DEVELOPMENT, MENTAL HEALTH ADVOCACY, FINANCIAL LITERACY, PERSONAL AND PROFESSIONAL BRANDING, AND MORE FOR STUDENT ATHLETES AT THE UNIVERSITY OF VIRGINIA	$150,000
CENTER FOR NONPROFIT EXCELLENCE CHARLOTTESVILLE, VA	STRENGTHEN NONPROFITS TO REALIZE THE POTENTIAL OF OUR COMMUNITY	$15,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is supported by Richard L. Booth Jr.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RICHARD L BOOTH JR	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Rimora Foundation fund?

The foundation's primary funding focus areas include: • Education (particularly higher education) • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from The Rimora Foundation?

**Grant Activity & Scale** The foundation made 44 grants in 2024, with total giving of approximately $4.7 million. Grant amounts typically range from $3,000 to $4,015,000. **Recent Grants (2024)** Notable grants include: • Cornell University: $3,505,000 (Cornell Annual Fund for Student and Campus Life & Polo) • St. Anne's-Belfield School: $382,000 (Tuition Assistance & General Fund) • Virginia Athletics Foundation: $210,000 (Provide Opportunities for Student-Athletes To Compete, Graduate and Su…

Where does The Rimora Foundation make grants?

The foundation primarily funds organizations in Virginia, New York, and New Jersey.

What size grants does The Rimora Foundation award?

In 2024, The Rimora Foundation awarded 41 grants totaling $4.7M — an average of about $114K per grant, based on its IRS Form 990 filings.

How much is The Rimora Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Rimora Foundation reported a distributable amount of $466K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.