Renaissance Charitable Foundation
Legal name: Renaissance Charitable Foundation Inc
Nonprofit profile at a glance
- EIN
- 352129262
- IRS 990 coverage
- 2017–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2022
- Location
- Indianapolis, IN, United States
- Phone
- (877) 222-1829
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $2,436,033,430
- Expenses
- $801,921,038
- Assets
- $5,913,566,776
- Liabilities
- $16,914,399
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Gregory W Baker (President & Chairman)
- Alyssa J Rysdyk (Secretary & Vice-President)
People named in this filing
- Gregory W Baker (President & Chairman)
- Andy Barton (Treasurer & Director)
- Steven R Ko (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our Mission To advance a renaissance in charitable giving by serving as a trusted philanthropic partner that empowers donors to support the causes most important to them and to amplify the impact of their generosity. Our Vision. To advance a renaissance in charitable giving by serving as a trusted philanthropic partner that empowers donors to support the causes most important to them and to amplify the impact of their generosity. Our Vision Renaissance Charitable Foundation grew out of the need to find a better way to promote the general concept of philanthropy to individuals and organizations and to increase the efforts of those already active in philanthropy. Renaissance Charitable provides a giving mechanism that offers donors the opportunity to recommend which qualified charities should receive grants from the funds they contribute, to recommend which investment manager should be...
What it reported doing in 2024
During the 12 months ended December 31, 2024 the Foundation made over 160,000 grants to over 40,000 charitable organizations.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 81
- Accountability: 71
- Sustainability: 95
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.8%; rating input score 38
- Program expense ratio: 96.1%; rating input score 96
- Fundraising efficiency: $162,144.26 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 2 of 8 controls in place; rating input score 25
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Pass
- May require repayment: Fail
- Grant itemization coverage: 97.9%; rating input score 98; 34th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 60%; rating input score 60; 16th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 67.1%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 7.37; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 98; 98th percentile among comparable filings
Growth
- Program expense growth: 13.5% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 25.2% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 21.4% per year; rating input score 100; 94th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 37.8% of revenue deployed · 96.1% of spending went to programs
- Governance: 3 of 5 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $770.8M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Highest-paid contractors: 1 contractor listed · $19.2M reported
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.