Overview
The Indian Paintbrush Foundation, based in Washington, DC, is a significant philanthropic organization with assets totaling over $2.1 billion. Despite reporting a negative revenue of approximately $7.6 million, the foundation had expenses of about $121.8 million. The foundation supports a wide range of cities across the United States, including major urban centers like Los Angeles, New York, and Chicago, as well as smaller towns such as Chestertown and Moose. It funds initiatives in various states, including California, Colorado, Illinois, Indiana, Massachusetts, Maryland, Maine, New York, Pennsylvania, Tennessee, and Wyoming. The foundation is led by Steven M. Rales as Chairman, Director, and President, with other key personnel including Joseph O. Bunting III, Teresa L. C. Baldwin, and Queenie H. Chung, all of whom serve without compensation. The foundation's specific subject areas of funding are not listed.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $2,200,768,640 in 2023
20 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $60,050,000 | NATIONAL PHILANTHROPIC TRUST | GENERAL SUPPORT | 165 TOWNSHIP LINE ROAD STE 1200 JENKINTOWN, PA US | 2023 |
| $50,407,232 | DEPAUW UNIVERSITY | EDUCATIONAL SUPPORT | PO BOX 37 GREENCASTLE, IN US | 2024 |
| $40,000,000 | DEPAUW UNIVERSITY | EDUCATIONAL SUPPORT | PO BOX 37 GREENCASTLE, IN US | 2024 |
| $13,000,000 | NATIONAL PHILANTHROPIC TRUST | GENERAL SUPPORT | 165 TOWNSHIP LINE ROAD STE 1200 JENKINTOWN, PA US | 2022 |
| $10,000,000 | DEPAUW UNIVERSITY | EDUCATIONAL SUPPORT | PO BOX 37 GREENCASTLE, IN US | 2023 |
| $10,000,000 | SANTA BARBARA COTTAGE HOSPITAL FOUNDATION | GENERAL SUPPORT | PO BOX 689 400 WEST PUEBLO ST SANTA BARBARA, CA US | 2023 |
| $5,000,000 | COLLEGE YEAR IN ATHENS INC | EDUCATIONAL SUPPORT | PO BOX 390890 CAMBRIDGE, MA US | 2024 |
| $5,000,000 | GRAND TETON NATIONAL PARK FOUNDATION | GENERAL SUPPORT | PO BOX 249 MOOSE, WY US | 2024 |
| $2,500,000 | COMMUNITY FOUNDATION OF JACKSON HOLE | GENERAL SUPPORT | 245 E SIMPSON AVE PO BOX 574 JACKSON, WY US | 2024 |
| $2,000,000 | UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION | EDUCATIONAL SUPPORT | UCSF BOX 0248 SAN FRANCISCO, CA US | 2024 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
SMR
STEVEN M RALES
| CHAIRMAN/DIRECTOR/PRESIDENT | $0 | 2022 |
JOBI
JOSEPH O BUNTING III
| VICE PRESIDENT | $0 | 2022 |
TLCB
TERESA L C BALDWIN
| SECRETARY/TREASURER | $0 | 2022 |
QHC
QUEENIE H CHUNG
| VICE PRESIDENT | $0 | 2022 |
SMR
STEVEN M RALES
| CHAIRMAN/DIRECTOR/PRESIDENT | $0 | 2023 |
JOBI
JOSEPH O BUNTING III
| VICE PRESIDENT | $0 | 2023 |
TLCB
TERESA L C BALDWIN
| SECRETARY/TREASURER | $0 | 2023 |
QHC
QUEENIE H CHUNG
| VICE PRESIDENT | $0 | 2023 |
SMR
STEVEN M RALES
| CHAIRMAN/DIRECTOR/PRESIDENT | $0 | 2024 |
JOBI
JOSEPH O BUNTING III
| VICE PRESIDENT | $0 | 2024 |
Rows per page
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025