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Filing year 2023

RAO FAMILY FOUNDATION

Hinckley, Ohio·EIN 26-3829237·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$15k
Total assets
$339k
Total expenses
$13k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. RAO FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President
Vice Preside

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$8k

Itemized grants

4

Median grant

$625

RecipientLocationPurposeAmount
SOUTHWEST COMMUNITY 34-1355135(FEIN) 501(C)3CLEVELAND, OHMEDICAL$6k
THE QUAD PREPERATORY SCHOOL 46-5652622(FEIN)501(C)3HINCKLEY, OHSOCIAL$1k
AIPNO ENDOWMENT FUND 34-1407746(FEIN)501(C) 3SHAKER HEIGHTS, OHMEDICAL$250
AMERICAN SPORTS MEDICINE ASSOCIATIO 31-1512163(FEIN)501(C)3LEAWOOD, KSMEDICAL$250
Financial trend

Revenue and expenses over time

RAO FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$20k
$17k
2022
$15k
$13k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Ohio

RAO FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Ohio earns a median of $11,462.

25th percentile
$4k
Median
$11,462
75th percentile
$39k
90th percentile
$106k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,972 organizations across 1,972 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Ohio
FAQ

Common questions about RAO FAMILY FOUNDATION

What are RAO FAMILY FOUNDATION's revenue and expenses?

In 2023, RAO FAMILY FOUNDATION reported $15k in total revenue and $13k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.