Timely Rain
Timely Rain is a private foundation based in Boulder, Colorado. It made 15 grants totaling $252,943 in 2024, with most grant dollars going to recipients in Colorado.
Timely Rain at a glance
In short: Timely Rain gave $253K across 15 grants in 2024 (avg $17K), mostly in Colorado. 67% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $252,943
- +261.5% vs 2023
- Grants made (2024)
- 15
- +50.0% vs 2023
- Average grant
- $16,863
- +141.0% vs 2023
- Median grant
- $1,000
- Total assets
- $1,301,070
- -14.7% vs 2023
- New grantees (estimate)
- 67% first-time grantees (10 of 15, 2024; small sample)
- Primary geography
- Colorado (92% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Timely Rain
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2325 Panorama Avenue, Boulder, CO 80304
Phone: (303) 517-9839
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Timely Rain funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was CASA Werma Foundation ($229K). Together the top 10 received $252K.
Grant Size Distribution
73 grants across all recorded years
The most common grant size was under $50K: 72 grants of 73 (99%).
Geographic Focus
Where this funder awards grants
In 2024, 92% of grant dollars went to recipients in Colorado, 3% to Oregon, 3% to California, and 2% to New Mexico. Texas accounted for 0% of grant dollars as reported in the filing.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
States
Cities
Is Timely Rain open to new grantees?
67%
first-time grantees, 2024
In 2024, 10 of 15 grantees (67%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $24K; repeat grants $3K. How we count
Medians: $1K first-time, $500 repeat.
- 27% of 2024 grantees were also funded in 2023. Method
- Giving grew 355% from 2021 to 2024. Method
- In 2024 it paid out 412% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2018–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2024, annual grant giving ranged from $49K (2022) to $253K (2024). In 2024 it made 15 grants totaling $253K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CASA Werma Foundation Denver, CO | Project Support | $229,105 |
| Light of Berotsana Ashland, OR | Religious | $7,500 |
| Lhungdrup Choling Los Angeles, CA | Religion | $5,303 |
| Heart Essence Sangha Santa Fe, NM | For Meditation Purposes | $4,000 |
| The Great Stupa Red Feather Laes, CO | Building Support | $1,216 |
| Khyentse Foundation San Francisco, CA | Religion | $1,039 |
| Vajra Regent Archives Boulder, CO | Liabrary Preservation | $1,000 |
| Liberty Ukraine Austin, TX | Fundraising for Ukraine | $1,000 |
| Tsoknyi Pundarika Crestone, CO | Teachings | $900 |
| Pundarika Foundation Crestone, CO | Religious | $500 |
Ready to take the next step with Timely Rain?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,301,070 | $57,700 | $282,038 | $252,943 | 15 | $252,943 | $9,472 | $61,320 |
| 2023 | $1,525,408 | $60,058 | $105,462 | $69,978 | 10 | $69,978 | $6,824 | $75,424 |
| 2022 | $1,570,812 | $30,302 | $82,277 | $48,639 | 8 | $48,639 | $2,722 | $77,616 |
| 2021 | $1,525,348 | $239,134 | $149,366 | $55,550 | 13 | $55,550 | $6,521 | $77,373 |
| 2020 | $1,433,116 | $228,513 | $120,091 | $95,026 | 27 | — | — | $80,943 |
| 2018 | $1,360,239 | $-93,283 | $198,414 | $120,374 | 17 | — | — | $74,875 |
Under IRS private-foundation payout rules, Timely Rain reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for Timely Rain is provided. Its 2024 grants include project support, religious purposes, meditation, teachings, building support, and library preservation.
The CASA WERMA FOUNDATION describes its mission as preserving and enhancing Casa Werma as a meditation and retreat center for the benefit of its visitors. LIBERTY UKRAINE FOUNDATION says it provides humanitarian aid to people affected by war or disaster. Other 2024 recipients include the Museum of Modern Art, which describes its mission as fostering public awareness of modern and contemporary art, and Amnesty International of the USA, which says it works to prevent and end grave human-rights abuses through research and action.
Grantmaking
In 2024, Timely Rain awarded 15 grants totaling $252,943. The median grant was $1,000; grants ranged from $180 to $229,105. Its largest listed grant was $229,105 to CASA WERMA FOUNDATION for project support. Other notable grants included $7,500 to LIGHT OF BEROTSANA for religious purposes, $5,303 to LHUNGDRUP CHOLING for religion, and $4,000 to HEART ESSENCE SANGHA for meditation purposes.
The foundation also awarded $1,216 to THE GREAT STUPA for building support, $1,039 to KHYENTSE FOUNDATION for religion, and $1,000 each to VAJRA REGENT ARCHIVES for library preservation and LIBERTY UKRAINE for fundraising for Ukraine. Other listed grants included $900 to TSOKNYI PUNDARIKA for teachings, $500 to PUNDARIKA FOUNDATION for religious purposes, and $500 to SONOMA MOUNTAIN ZEN CENTER for meditation. The Museum of Modern Art and Amnesty International of the USA each received $180.
Leadership & Key People
Leadership team and compensation from IRS filings
JEFFREY WALTCHER is listed as president on the 2024 filing.
Timely Rain is led by Jeffrey Waltcher, President on every filing since 2018 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Jeffrey Waltcher
President
On filings since 2018
5 hrs/week
$4K (2020) → $0 (2024)
Data from IRS Form 990 filings, 2018–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $4K, to Jeffrey Waltcher (President).
Frequently asked questions about Timely Rain
How much does Timely Rain give each year?
Timely Rain gave $253K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $70K across 10 grants.
What is Timely Rain's typical grant size?
Timely Rain's median grant in 2024 was $1,000, and its average grant was $16,863, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Timely Rain that year got $24K on average.
Where does Timely Rain give grants?
Timely Rain gives mostly in Colorado: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (3 grants) and Crestone, CO (2 grants).
Does Timely Rain give general operating support?
Not in 2024: none of the 15 grants with a stated purpose on Timely Rain's 2024 IRS Form 990-PF were described as general or operating support.
Who are Timely Rain's largest grantees?
Timely Rain's largest 2024 grantees include CASA Werma Foundation ($229,105), Light of Berotsana ($7,500) and Lhungdrup Choling ($5,303), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.
How large is Timely Rain?
Timely Rain reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $253K in qualifying distributions that year, against a required minimum of $61K (roughly 5% of its investment assets).
What does Timely Rain fund?
No mission statement for Timely Rain is provided. Its 2024 grants include project support, religious purposes, meditation, teachings, building support, and library preservation. See mission & focus areas ↑
How do I apply for a grant from Timely Rain?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Timely Rain's EIN?
Timely Rain's EIN (Employer Identification Number) is 45-2495636. IRS Form 990 filing data is available on this page for 2018–2024.
Does Timely Rain accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2018 (received by the IRS November 15, 2019)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 8, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2018–2024
Live grants for the work Timely Rain funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Timely Rain's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Timely Rain funder profile. GrantGraph. Retrieved November 2, 2026, from https://grantable.co/funders/timely-rain-morg_00538fdf66544eeb8f62166248ea30d1
BibTeX
@misc{grantable_452495636_2026,
author = {{Grantable}},
title = {{Timely Rain funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/timely-rain-morg_00538fdf66544eeb8f62166248ea30d1},
note = {Accessed 2026-11-02. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Timely Rain's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Timely Rain down — hundreds of funders to go?