Darla Moore And Richard Rainwater Foundation

Organization Overview

Darla Moore And Richard Rainwater Foundation is located in Lake City, SC. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Darla Moore And Richard Rainwater Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Darla Moore And Richard Rainwater Foundation generated $34.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $33.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Darla Moore And Richard Rainwater Foundation has awarded 31 individual grants totaling $21,245,251. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Truvvo Partners
$2,464,168
Websterrogers Llp
$337,143
Charles Schwab
$257,276
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,000
Interest on Savings $0
Dividends & Interest $10,474,468
Net Rental Income$0
Net Gain on Sale of Assets $18,433,475
Capital Gain Net Income $18,433,475
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,413,518
Total Revenue $34,322,461

Grants Awarded

Over the last fiscal year, Darla Moore And Richard Rainwater Foundation has awarded $21,239,751 in support to 29 organizations.

Grant RecipientAmount

GREATER LAKE CITY ALLIANCE

Org PageRecipient Profile

Lake City, SC

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF ENHANCING THE BUSINESS ENVIRONMENT OF LAKE CITY

$15,498,320

MOORE FARMS BOTANICAL GARDEN FOUNDATION

Org PageRecipient Profile

Lake City, SC

PURPOSE: TO FURTHER EXEMPT PURPOSE OF THE BOTANICAL GARDEN

$2,025,000

New York, NY

PURPOSE: SUPPORT FOR CULTURAL INSTITUTION

$1,100,000

THE CAROLINA ACADEMY

Org PageRecipient Profile

Lake City, SC

PURPOSE: TEACHER AWARD

$399,038

LAKE CITY CREATIVE ALLIANCE

Org PageRecipient Profile

Lake City, SC

PURPOSE: SUPPORT TO FOSTER A CULTURALLY-RICH ENVIRONMENT IN THE SC REGION

$281,393

INTERNATIONAL AFRICAN AMERICAN MUSEUM

Org PageRecipient Profile

Charleston, SC

PURPOSE: FUNDING TO FURTHER THE EXEMPT PURPOSE OF THE MUSEUM

$200,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Darla Moore And Richard Rainwater Foundation has recieved totaling $8,160,000.

Awarding OrganizationAmount
Greater Houston Community Foundation

Houston, TX

PURPOSE: THIS GRANT IS FOR ARTS, EDUCATION AND HORTICULTURE PROGRAMMING.

$3,500,000
Greater Houston Community Foundation

Houston, TX

PURPOSE: THIS GRANT IS IN SUPPORT OF ARTS, EDUCATION AND HORTICULTURE PROGRAMMING, AND COMMUNITY DEVELOPMENT ACTIVITIES.

$2,460,000
Greater Houston Community Foundation

Houston, TX

PURPOSE: THIS GRANT IS TO SUPPORT THE CHARITABLE GRANT MAKING ACTIVITIES OF THE FOUNDATION.

$2,200,000
View Grant Recipient Profile

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