Rae Family Foundation
Preselected recipients only
Rae Family Foundation is a private foundation in New York, New York. In tax year 2024 it gave $60,500 in 3 grants; the typical grant was $25,000 and the largest $25,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$60,500
- Number of grants3
- Typical grant$25,000
- Largest grant$25,000
- Assets$1.2 million
- New grantees33%
Giving in 2024 was up from $50,000 the year before.
33% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $50,000 | 2 | $1.1 million |
| 2024 | $60,500 | 3 | $1.2 million |
How to apply
Rae Family 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 Rae Family Foundation funds
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 3 | $60,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Harvey Mudd College | Higher education | $25,000 |
| The Broad Stage | General support | $25,000 |
| Sima Studios | General support | $10,500 |
Officers and trustees
- Gregory Rae
- Jill Rae
- Stephen Rae
- Justin Rae
- Kevin Rae
Questions people ask
Does Rae Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Rae Family Foundation give?
$60,500 in tax year 2024, across 3 grants, with a typical grant of $25,000.
Who runs Rae Family Foundation?
Its 2024 filing lists Gregory Rae (President), Jill Rae (Officer), Stephen Rae (Officer) and Justin Rae (Officer) among 5 officers and trustees.
What does Rae Family Foundation fund?
Based on its grants, mainly education.