Robert Glenn Rapp Foundation

Organization Overview

Robert Glenn Rapp Foundation is located in Oklahoma City, OK. The organization was established in 1953. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Robert Glenn Rapp 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, Robert Glenn Rapp Foundation generated $4.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 4 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.

Since 2020, Robert Glenn Rapp Foundation has awarded 118 individual grants totaling $6,402,576. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $206,578
Dividends & Interest $561,912
Net Rental Income$0
Net Gain on Sale of Assets $1,703,863
Capital Gain Net Income $1,703,863
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,485,124
Total Revenue $3,957,477

Grants Awarded

Over the last fiscal year, Robert Glenn Rapp Foundation has awarded $3,549,500 in support to 69 organizations.

Grant RecipientAmount

OKLAHOMA UNIVERSITY

PURPOSE: ENDOWMENT FOR MICROBIOLOGY

$500,000

SOUTHERN METHODIST UNIVERSITY

PURPOSE: EXPANSION PROJECT COX BUSINESS SCHOOL

$250,000

OKLAHOMA MEDICAL RESEARCH

Org PageRecipient Profile

Oklahoma City, OK

PURPOSE: FUNDS SUPPORT NEW SCIENTISTS

$202,000

SOUTHERN METHODIST UNIV

PURPOSE: EXPANSION PROJECT

$201,000

HOME INTEGRATION

PURPOSE: CAMP CONSTRUCTION

$200,000

MCGUINESS HIGH SCHOOL

PURPOSE: EXPAND FINE ARTS DEPARTMENT

$151,000
View Grant Profile

Peer Organizations

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