NonprofitsRain Drop Foundation Inc

Education

Rain Drop Foundation Inc

HOUSTON, TX

Total revenue

$4.8M

Total expenses

$3.9M

Net assets

$10.9M

Grants received

$9.9M

25 grants

EIN

760664313

Tax year

2024

Mission

The Raindrop Foundation, Inc (the Foundation) is a non-profit 501(c)(3) educational, charitable, social and cultural organization founded in 2000. The Foundation aims to cultivate friendship and promote understanding of diverse cultures through its unique services to the community.

Financials

FY 2024

Revenue

Contributions & grants$3.6M
Program service revenue$925K
Investment income
Other revenue$306K
Total revenue$4.8M

Expenses

Grants paid$400K
Salaries & benefits$1.0M
Fundraising$38K
Other expenses$2.4M
Total expenses$3.9M
Total assets$15.6M
Net assets$10.9M

People

10 listed

NameRoleCompensation

DAVID MERAL

CEO

Board

$76K

40 hrs/wk

ALPEREN TAS

SECRETARY

Board

0.5 hrs/wk

MUSTAFA ARSLAN

BOARD MEMBER

Board

0.5 hrs/wk

MUHSINE AYKAC

BOARD MEMBER

Board

0.5 hrs/wk

RAMAZAN OZCELIK

BOARD MEMBER

Board

0.5 hrs/wk

ISHAK KARATAY

CHAIRMAN

Board

0.5 hrs/wk

SEHER ALPASLAN

BOARD MEMBER

Board

0.5 hrs/wk

UFUK SEN

BOARD MEMBER

Board

0.5 hrs/wk

UKBE AYTAC

BOARD MEMBER

Board

0.5 hrs/wk

BEYZA AKIN

BOARD MEMBER

Board

0.5 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear
$17K
GENERAL SUPPORT
2024
$1K
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$1.6M
For grant recipient's exempt purposes
2023
$40K
UNRESTRICTED
2023
$1.3M
For grant recipient's exempt purposes
2022
$49K
UNRESTRICTED
2022
$2.5M
For grant recipient's exempt purposes
2021
$2.5M
For grant recipient's exempt purposes
2021
$53K
UNRESTRICTED
2021
$19K
General Support
2021
$2K
GENERAL OPERATING SUPPORT
2021
$245K
For grant recipient's exempt purposes
2020
$75K
Unrestricted
2020
$22K
General Support
2020
$200
GENERAL OPERATING FUND
2020
$436K
For grant recipient's exempt purposes
2019
$531K
For grant recipient's exempt purposes
2018
$31K
Unrestricted
2018
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$9.9M from 8 funders · 25 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$9.2M · 8 grants · 2017–2023

American Online Giving Foundation Inc

$337K · 3 grants · 2022–2024

Network For Good

$247K · 5 grants · 2018–2023

Paypal Charitable Giving Fund

$58K · 3 grants · 2020–2024

Austin Skyline Foundation

$54K · 2 grants · 2020–2021

Shell Usa Company Foundation

$15K · 1 grant · 2020

Jpmorgan Chase Foundation

$3K · 2 grants · 2021–2024

Ch Robinson Worldwide Foundation

$200 · 1 grant · 2020

Details

EIN760664313
NTEE codeB60
Subsection03
Ruling date2002-09
Formed2000
Employees22
Volunteers0
RAIN DROP FOUNDATION INC — Mission, Financials & Grants Received | Grantivo