Theodore Rhyne and Kiran Sagar

WHITEFISH BAY, WI EIN: 85-6459525

Theodore Rhyne and Kiran Sagar is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHITEFISH BAY, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $564K in total assets. In 2024, it awarded 2 grants totaling $25K. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$564K

+41.5% YoY

Annual Giving

$25K

+56.3% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$13K

-21.9% YoY

Under IRS private-foundation payout rules, Theodore Rhyne and Kiran Sagar reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Theodore Rhyne and Kiran Sagar

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $46K (82%)

Wisconsin $10K (18%)

States

Maryland Wisconsin

Cities

HagerstownMilwaukee

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$563,741	$398,487	$241,400
Revenue	$134,626	$98,365	$92,268
Expenses	$34,777	$21,436	$13,762
Qualifying Distributions	$25,000	$16,000	$10,000
Net Investment Income	$24,849	—	—
Distributable Amount	$23,350	$15,757	—

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Doctors Without Borders Usa ($15,000), Wisconsin Humane Society ($10,000).

Recipient	Purpose	Amount
DOCTORS WITHOUT BORDERS USA HAGERSTOWN, MD	GRANT	$15,000
WISCONSIN HUMANE SOCIETY MILWAUKEE, WI	GRANT	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KIRAN B SAGAR MD	TRUSTEE	—	—
TIMOTHY F FARRELL	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Theodore Rhyne and Kiran Sagar?

Theodore Rhyne and Kiran Sagar is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WHITEFISH BAY, WI. It holds $564K in total assets as of 2024.

How large is Theodore Rhyne and Kiran Sagar?

As of 2024, Theodore Rhyne and Kiran Sagar holds $564K in total assets with $135K in annual revenue. It awarded 2 grants totaling $25K in 2024.

Where does Theodore Rhyne and Kiran Sagar operate?

Theodore Rhyne and Kiran Sagar has awarded grants in Maryland, Wisconsin.

What size grants does Theodore Rhyne and Kiran Sagar award?

In 2024, Theodore Rhyne and Kiran Sagar awarded 2 grants totaling $25K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Theodore Rhyne and Kiran Sagar required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Theodore Rhyne and Kiran Sagar reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Theodore Rhyne and Kiran Sagar's EIN?

Theodore Rhyne and Kiran Sagar's EIN (Employer Identification Number) is 85-6459525. IRS Form 990 filing data is available on this page for 2020–2024.