Funder DirectoryED RACHAL FOUNDATION
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Private foundation (trust)EIN 741116595Est. 1997-03

ED RACHAL FOUNDATION

CORPUS CHRISTI, TX 784010899

Accepts unsolicited proposals

Total Assets

$722.3M

FY 2023

Annual Giving

$24.5M

FY 2023

Grants Made

273

FY 2023

Avg Grant

$90K

FY 2023

Grant Range

Typical

Deadlines

No submission deadlines

Applications

Focus Areas

Religion-Related

Financial Snapshot

2023 filing

Total Revenue

$78.6M

Total Expenses

$52.4M

Qualifying Distributions

$32.0M

Distributable Amount

$24.6M

Min. Investment Return

$25.5M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

2 years

Giving over time from 2022 to 2023. Peak $26.8M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

LOUISE ALLEN FOUNDATION
$12.6M
2 grants
ASSET PURCHASES TREATED AS QUALIFYING DISTRIBUTIO
$6.8M
1 grant
PALACIOS MARINE AGRICULTURAL RESEARCH
$5.5M
2 grants
GEORGE AND BARBARA BUSH FOUNDATION
$3M
1 grant
CITY OF CORPUS CHRISTI - LAMAR LOCATIONS
$2.3M
1 grant
ST PETER THE APOSTLE CATHOLIC SCHOOL
$1.5M
1 grant
UNIVERSITY OF TEXAS MD ANDERSON CENTER
$1M
2 grants
CITY OF PALACIOS
$415K
2 grants

Grant Size Distribution

499 grants

<$10K
148
grants
$10–50K
257
grants
$50–250K
80
grants
$250K–1M
6
grants
$1–5M
5
grants
$5M+
3
grants

Geographic Focus

4 states

Texas
$51.4M
100% of total
Virginia
$20K
0% of total
Illinois
$10K
0% of total
Michigan
$10K
0% of total

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