Rady Foundation
Preselected recipients only
Rady Foundation is a private foundation in San Diego, California. In tax year 2025 it gave $4.1 million in 15 grants; the typical grant was $5,000 and the largest $2.0 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$4.1 million
- Number of grants15
- Typical grant$5,000
- Largest grant$2.0 million
- Assets$78.1 million
- New grantees90%
Giving in 2025 was up from $3.9 million the year before.
90% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $2.9 million | 9 | $70.7 million |
| 2024 | $3.9 million | 11 | $82.7 million |
| 2025 | $4.1 million | 15 | $78.1 million |
How to apply
Rady Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Rady Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 13 | $4.1 million |
| New York | 1 | $1,000 |
| Texas | 1 | $150 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Rady Children's Hospital Foundation | Rady Children's Health | $2.0 million |
| Individual | General Fund | $974,597 |
| Individual | General Fund | $500,000 |
| University of CA San Diego | Sullivan Center-Entrepreneurship & Innovation Current Fund | $200,000 |
| Individual | Building Campaign | $200,000 |
| Individual | General Fund | $100,000 |
| University of CA San Diego | Evelyn & Ernest Rady Graduate Fellowship Fund | $100,000 |
| San Diego Automotive Museum | General Fund | $5,000 |
| San Diego Food Bank | General Fund | $2,000 |
| San Diego Police Foundation | General Fund | $2,000 |
| Nice Guys Inc | General Fund | $1,875 |
| Friends of United Hatzalah | General Fund | $1,000 |
| Cygnet Theatre Company | General Fund | $1,000 |
| Rancho Coastal Humane Society | General Fund | $500 |
| Clarion Project | General Fund | $150 |
Officers and trustees
- Ernest S Rady
- Min Zheng
Questions people ask
Does Rady Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Rady Foundation give?
$4.1 million in tax year 2025, across 15 grants, with a typical grant of $5,000.
Who runs Rady Foundation?
Its 2025 filing lists Ernest S Rady (Trustee) and Min Zheng (Cfo).
What does Rady Foundation fund?
Based on its grants, mainly education and arts and culture.