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Rath Foundation Inc at a glance

· Private foundation

Rath Foundation Inc

Its FY2024 filing reports that it accepted unsolicited grant applications.

$1.6M
Granted FY2024still arriving
10
Grants FY2024still arriving
4
States reached
$474k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$12MPhilanthropy$105k
02FY2024 · 10 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • $10k–50k4 grants · $137k
  • $50k–250k4 grants · $663k
  • $250k+2 grants · $816k
$157,943
Median grant
4
States reached
$19M
Total assets
Largest grants
RecipientAmount
UNIVERSITY OF WISCONSIN FOUNDATION$474,178
UNIVERSITY OF OKLAHOMA$341,974
WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES$221,100
UNIVERSITY OF CHICAGO$205,184
MEDICAL COLLEGE OF WISCONSIN$157,943
UNIVERSITY OF WISCONSIN-MILWAUKEE FOUNDATION$78,477
USC MARSHALL SCHOOL OF BUSINESS$42,106
UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION INC$31,688
STOUT UNIVERSITY FOUNDATION$31,644
UNIVERSITY OF WISCONSIN-WHITEWATER FOUNDATION INC$31,494
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–24) land where the poverty rate runs at 12%, against an area that typically sits at 12%. 43% of its dollars go to grantees based in above-average-need neighborhoods. Its grants spread fairly evenly across need levels.

area typical 12%USC MARSHALL SCHOOL OF BUSINESS: $205k → 14%UNIVERSITY OF OKLAHOMA: $546k → 13%UNIVERSITY OF WISCONSIN FOUNDATION: $790k → 10%UNIVERSITY OF WISCONSIN-MILWAUKEE FOUNDATION: $131k → 17%UNIVERSITY OF CHICAGO - BOOTH: $342k → 14%USC MARSHALL SCHOOL OF BUSINESS: $168k → 14%UNIVERSITY OF OKLAHOMA: $342k → 13%UNIVERSITY OF WISCONSIN FOUNDATION: $632k → 10%UW MILWAUKEE FOUNDATION: $105k → 17%UNIVERSITY OF CHICAGO FOUNDATION: $274k → 14%USC MARSHALL SCHOOL OF BUSINESS: $84k → 14%UNIVERSITY OF OKLAHOMA: $274k → 13%UNIVERSITY OF WISCONSIN FOUNDATION: $474k → 10%UNIVERSITY OF WISCONSIN-MILWAUKEE FOUNDATION: $78k → 17%UNIVERSITY OF CHICAGO - BOOTH: $205k → 14%USC MARSHALL SCHOOL OF BUSINESS: $84k → 14%UNIVERSITY OF OKLAHOMA: $274k → 13%UNIVERSITY OF WISCONSIN FOUNDATION: $474k → 10%UNIVERSITY OF WISCONSIN-MILWAUKEE FOUNDATION: $78k → 17%UNIVERSITY OF CHICAGO: $205k → 14%UNIVERSITY OF WISCONSIN FOUNDATION: $316k → 10%UNIVERSITY OF CHICAGO: $137k → 14%UW FOUNDATION - MEDICAL SCHOOL: $211k → 10%UW FOUNDATION - MEDICAL SCHOOL: $211k → 10%UW MILWAUKEE FOUNDATION: $105k → 17%UW FOUNDATION - UNDERGRADUATE BUSINESS: $105k → 10%MEDICAL COLLEGE OF WISCONSIN: $263k → 17%UW FOUNDATION - GRADUATE BUSINESS: $105k → 10%MEDICAL COLLEGE OF WISCONSIN: $211k → 17%UW FOUNDATION - L&S: $105k → 10%MEDICAL COLLEGE OF WISCONSIN: $211k → 17%UW FOUNDATION - LAW SCHOOL: $105k → 10%MEDICAL COLLEGE OF WISCONSIN: $158k → 17%UW FOUNDATION - LAW SCHOOL: $105k → 10%MEDICAL COLLEGE OF WISCONSIN: $158k → 17%UW FOUNDATION - L&S: $105k → 10%MEDICAL COLLEGE OF WISCONSIN: $158k → 17%UW FOUNDATION - UNDERGRADUATE BUSINESS: $105k → 10%MEDICAL COLLEGE OF WISCONSIN: $105k → 17%UW FOUNDATION - GRADUATE BUSINESS: $105k → 10%WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES: $369k → 10%WAICU: $295k → 10%WAICU: $295k → 10%WAICU: $295k → 10%WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES: $221k → 10%WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES: $221k → 10%WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES: $221k → 10%WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES: $147k → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

98%of every dollar goes to organizations it has funded before.
$11M · 18 repeat orgs$274k to everyone else

18 repeat relationships: 9 still active in FY2024, 9 since wound down.

How the two cohorts compare

Re-uppedFunded once

Organizations

18
1

Total granted

$11M
$274k

Still filing today

44%
0%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • UO
    UNIVERSITY OF WISCONSIN FOUNDATION
    5× · 2020–2024 · $2.7M · revenue +29%
  • TM
    THE MEDICAL COLLEGE OF WISCONSIN INC
    7× · 2017–2024 · $1.3M · revenue +54%
  • WA
    WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES INC
    5× · 2020–2024 · $1.2M · revenue +161%

Funded once

  • UO
    UNIVERSITY OF CHICAGO FOUNDATION
    one grant, 2017 · $274k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Mathematics Institute of Wisconsin Co Kathryn Leverenz
Education
2
Marquette University

As a Catholic, Jesuit university our mission is to search for truth, discover shareknowledge, foster personal professional excellence, promote a life of faith and developleadership expressed in service to others. See Schedule O.

Education
3
University of Wisconsin - Green Bay Foundation Inc

The uw-green bay foundation furthers the mission of uw-green bay, a public university, by developing and increasing opportunities for students primarily in the areas other than those in which the state of wisconsin ordinarily makes…

Education
4
Uwm Research Foundation Inc

Support research and innovation at the university of wisconsin - milwaukee by providing reserach funding, entrepreneurship support, and by engaging in corporate partnering activities to that end.

Community Improvement
5
The Uwm Real Estate Foundation Inc

To partner with the public and private sectors to develop and hold real estate for the benefit of the university of wisconsin-milwaukee. the uwm real estate foundation, inc. holdings may include any properties that advance the mission of…

Housing & Shelter
6
Washington University

The washington university is a co-educational, nondenominational university with a long and distinguished history of teaching, research and (cont'd on schedule o)

Education
7
Whitworth University

Since 1890, whitworth has held fast to its founding mission of providing "an education of mind and heart" through rigorous intellectual inquiry guided by dedicated christian scholars.

Education
8
The Uw-Platteville Foundation and Alumni Association Inc

Continued in schedule o

Education
9
Northern Illinois University Foundation

The niu foundation's mission is to energize and connect the private sector with the niu community to secure and steward resources that support the future and growth of niu.

Education
10
Case Western Reserve University

Case Western Reserve University is an independent, research-oriented university with broadly based strengths in health, including medicine, nursing and dentistry; in engineering; in the arts and sciences; and in law, management and social…

Education
11
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
12
Wisconsin Alumni Research Foundation

To support scientific research within the uw-madison community by providing financial support, actively managing assets, and moving innovations to the marketplace for a financial return and global impact.

Education
How this is measured
The grantee most central to the portfolio’s shape is University of Wisconsin - Eau Claire Foundation Inc; the most unlike its peers is University of Southern California. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

9 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 9 of the 20 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
9/9
Grantees still filing
9/9
Grew since first funded

Where the money sits, by cause and then by grantee

UNIVERSITY OF WISCONSIN FOUNDATION: $2,686,926 · EducationUNIVERSITY OF WISCONSIN FOUNDATIONTHE MEDICAL COLLEGE OF WISCONSIN INC: $1,263,560 · EducationTHE MEDICAL COLLEGE OF WISCONSIN INCWISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES INC: $1,179,200 · EducationWISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES INCUNIVERSITY OF SOUTHERN CALIFORNIA: $584,133 · EducationUNIVERSITY OF SOUTHERN CALIFORNIATHE UWM FOUNDATION INC: $418,544 · EducationTHE UWM FOUNDATION INCUniversity of Chicago: $341,974 · EducationUNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC: $253,362 · EducationUW-WHITEWATER FOUNDATION INC: $251,954 · Education+1 more: $179,318 · EducationUNIVERSITY OF OKLAHOMA: $1,498,747 · OtherUNIVERSITY OF OKLAHOMAWAICU: $884,400 · OtherWAICUUNIVERSITY OF CHICAGO - BOOTH: $547,157 · OtherUNIVERSITY OF CHICAGO - BOOTHUW FOUNDATION - MEDICAL SCHOOL: $421,472 · OtherUW FOUNDATION - MEDICAL SCHOOLUNIVERSITY OF CHICAGO FOUNDATION: $273,579 · OtherUNIVERSITY OF CHICAGO FOUNDATIONUW FOUNDATION - UNDERGRADUATE BUSINESS: $210,732 · OtherUW FOUNDATION - L&S: $210,732 · OtherUW FOUNDATION - LAW SCHOOL: $210,732 · OtherUW FOUNDATION - GRADUATE BUSINESS: $210,732 · OtherUW MILWAUKEE FOUNDATION: $209,272 · Other+1 more: $84,386 · Other
Education$7,158,971Other$4,761,941

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetUNIVERSITY OF WISCONSIN FOUNDATION: $2,686,926 over 5y, 0.1% of budgetTHE MEDICAL COLLEGE OF WISCONSIN INC: $1,263,560 over 7y, 0.0% of budgetWISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES INC: $1,179,200 over 5y, 7.5% of budgetUNIVERSITY OF SOUTHERN CALIFORNIA: $584,133 over 5y, 0.0% of budgetTHE UWM FOUNDATION INC: $418,544 over 5y, 0.3% of budgetUniversity of Chicago: $341,974 over 2y, 0.0% of budgetUNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC: $253,362 over 7y, 0.4% of budgetUW-WHITEWATER FOUNDATION INC: $251,954 over 7y, 1.0% of budgetUW-STOUT FOUNDATION AND ALUMNI ASSOCIATION INC: $179,318 over 5y, 0.6% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds UNIVERSITY OF WISCONSIN FOUNDATION ↗
  • Who funds THE MEDICAL COLLEGE OF WISCONSIN INC ↗
  • Who funds WISCONSIN ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES INC ↗
  • Who funds UNIVERSITY OF SOUTHERN CALIFORNIA ↗
  • Who funds THE UWM FOUNDATION INC ↗
  • Who funds University of Chicago ↗
  • Who funds UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC ↗
  • Who funds UW-WHITEWATER FOUNDATION INC ↗
  • Who funds UW-STOUT FOUNDATION AND ALUMNI ASSOCIATION INC ↗

How much its grantees rely on government

Each dot is one organization Rath Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Rath Foundation Inc. Bigger dots raise more.

2025
’20’21’22’23’24’25
no gov · 00%1%3%6%10%funder's share of their income ↑0%4%8%11%15%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    1report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–15%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to Rath Foundation Inc?

    Find your warmest path to Rath Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 20 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on Rath’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home