North Carolina · Nonprofit
BE THE RAINBOW FOUNDATION
BE THE RAINBOW FOUNDATION (North Carolina) receives grants from 6 organizations whose IRS filings report $366,514 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($304,000). 4 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $150k
- Funders on record
- 6
- Grants received
- $367k
- Net assets
- $288k
What Be the Rainbow Foundation does
Mission
Be The Rainbow Foundation provides support to families facing childhood cancer by partnering with families and family support organizations, helping to relieve some of the financial and emotional burdens that come with a pediatric cancer diagnosis through gifts of hope and joy, as well as financial gifts to help with living expenses and various bills a family may need assistance with while caring for their family during this journey.
As stated on its FY2024 Form 990-EZ.
Program
Be The Rainbow Foundation helped over 60 families as well as programs through Duke Children's Hospital. We provided specialty gifts and various bill assistance to these families with a child diagnosed with cancer.
$0 spentof which $53,122 as grants
The program described on its FY2024 Form 990-EZ. Program spending in total: $0.
The organization over time
Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $201k to $288k (+44%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of BE THE RAINBOW FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
Leadership and staff
Chief executive
Jennifer Reynolds
Executive Director
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
2022 → 2023: the base broadened from 4 funders to 6 funders, grant income rose $110k → $112k.
4 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of BE THE RAINBOW FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BE THE RAINBOW FOUNDATION leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BE THE RAINBOW FOUNDATION.
Largest funder’s share by year: 2022 77% · 2023 79% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of BE THE RAINBOW FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1k that is directly attributable, 100% of it comes from funders outside North Carolina, across 1 state.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $365k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BE THE RAINBOW FOUNDATION runs a healthier operating margin than three-quarters of the 13,754 health nonprofits its size.
this organization peer median middle 50% of peers· 13,754 health nonprofits $100k–$1M, FY2024
Organizations like BE THE RAINBOW FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for BE THE RAINBOW FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BE THE RAINBOW FOUNDATION?
- BE THE RAINBOW FOUNDATION (North Carolina) receives grants from 6 organizations whose IRS filings report $366,514 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($304,000). 4 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does BE THE RAINBOW FOUNDATION have?
- IRS filings report 6 organizations giving $366,514 in grants to BE THE RAINBOW FOUNDATION, 4 of which have funded it in more than one year.
- Who is the largest funder of BE THE RAINBOW FOUNDATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $304,000 in grants. The full list of funders is on this page.
- How can an organization like BE THE RAINBOW FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Be the Rainbow →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing