Rand Corporation

Organization Overview

Rand Corporation is located in Santa Monica, CA. The organization was established in 1950. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2021, Rand Corporation employed 2,225 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rand Corporation 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 09/2020, Rand Corporation generated $383.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $367.7m during the year ending 09/2020. While expenses have increased by 2.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

HELP IMPROVE POLICY AND DECISION MAKING THROUGH RESEARCH AND ANALYSIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLIC POLICY RESEARCH ALL IN THE FURTHERANCE OF OUR CHARTER 'TO FURTHER AND PROMOTE SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES ALL FOR THE PUBLIC WELFARE AND SECURITY OF THE UNITED STATESTHE OPERATION OF DOCTORAL AND DEGREE PROGRAMS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$359,891,413
Investment income $5,090,548
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,422,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $833
Miscellaneous Revenue$0
Total Revenue $383,157,886

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rand Corporation has recieved totaling $15,000.

Awarding OrganizationAmount
Gordon Charitable Foundation

Santa Monica, CA

PURPOSE: DONATION

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$280,337,568
Earnings$58,724,561
Net Contributions$1,898,523
Other Expense$13,028,979
Ending Balance$327,931,673

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