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Filing year 2024

The Rackspace Foundation

San Antonio, Texas·EIN 26-3332818·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$149k
Total assets
$509k
Total expenses
$298k
Reported officers
8
Mission

THE RACKSPACE FOUNDATION IS A 501(C )(3) NONPROFIT FUNDED ENTIRELY BY RACKSPACE EMPLOYEES, DEDICATED TO BUILDING STRONGER COMMUNITIES THROUGH EDUCATION - ESPECIALLY IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM). THE FOUNDATION BELIEVES EVERY STUDENT DESERVES ACCESS TO HIGH-QUALITY LEARNING EXPERIENCES THAT INSPIRE CURIOSITY AND UNLOCK POTENTIAL. THE FOUNDATION INVESTS IN PROGRAMS THAT MEET BASIC NEEDS WHILE ALSO OPENING DOORS TO MENTORSHIP, CREATIVITY, AND HANDS-ON STEM LEARNING. THE FOUNDATION TAKES A COMMUNITY-BASED, HOLISTIC APPROACH TO GIVING. WE PARTNER WITH LOCAL ORGANIZATIONS TO PROVIDE DONATION MATCHING, SKILLS-BASED VOLUNTEERISM, AND STRATEGIC SUPPORT WHERE IT'S NEEDED MOST. BY SUPPORTING STEM IN OUR COMMUNITIES, WE HELP OVER 10,000 STUDENTS DISCOVER THEIR PASSIONS, BUILD CONFIDENCE, AND BELIEVE IN WHAT IS POSSIBLE.

Reported officers (all unpaid)

No paid executives reported in 2024. The Rackspace Foundation reported 8 unpaid officers and board members on its 990.

Treasurer
Secretary
President
Board Member/secretary (part Year)
Board Member
Board Member
Board Member
Board Member
Financial trend

Revenue and expenses over time

The Rackspace Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$189k
$353k
2023
$149k
$298k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

The Rackspace Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

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

Common questions about The Rackspace Foundation

What are The Rackspace Foundation's revenue and expenses?

In 2024, The Rackspace Foundation reported $149k in total revenue and $298k in total expenses on its IRS Form 990.

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