EIN 95-1958142

RAND Corporation (RAND)

Name: RAND Corporation (RAND) financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

2,296

City

Santa Monica

State

California

Year formed

1948

Most recent tax filings

2023-09-01

NTEE code, primary

V20: Social Science Research Institutes, Services

Description

Rand Corporation's mission is to help improve policy and decision-making through research and analysis.

Total revenues

$467,202,380

2023

Total expenses

$413,015,979

2023

Total assets

$703,697,953

2023

Num. employees

2,296

2023

Program areas at RAND

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 states The operation of doctoral and degree programs.

Who funds RAND Corporation (RAND)

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Good Ventures Foundation	2023-06	General Support	$10,500,000
Good Ventures Foundation	2023-06	General Support	$10,000,000
Good Ventures Foundation	2023-06	General Support	$5,500,000
...and 143 more grants received totalling $52,714,647

Personnel at RAND

Name	Title	Compensation	Date of data
Jason Matheny	President and Chief Executive Officer, Rand	$426,335	2024-12-26
Michael Rich	President Chief Executive Officer / President and Chief Executive Officer ,	$1,178,642	2023-09-30
Mike Januzik	Vice President and Chief Financial Officer		2024-12-26
Michael Weitzenfeld	Vice President , Chief Information Officer	$400,431	2023-09-30
Christine Lanoie-Newman	Vice President and Chief Development Officer		2024-12-26
...and 22 more key personnel

Financials for RAND

Revenues	FYE 09/2023	FYE 09/2022	% Change
Total grants, contributions, etc.	$438,159,245	$369,442,182	18.6%
Program services	$16,091,554	$13,533,474	18.9%
Investment income and dividends	$7,534,154	$9,467,679	-20.4%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$5,051,249	$6,620,940	-23.7%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$-402	$-2,557	84.3%
Miscellaneous revenues	$366,580	$30,480	1102.7%
Total revenues	$467,202,380	$399,092,198	17.1%

Form 990s for RAND

Fiscal year ending	Date received by IRS	Form	PDF link
2023-09	2024-08-13	990	View PDF
2023-09	2024-06-26	990	View PDF
2022-09	2023-05-09	990	View PDF
2021-09	2022-08-11	990	View PDF
2020-09	2021-08-14	990	View PDF
...and 11 more Form 990s

Organizations like RAND

Organization	Type	Location	Revenue
The Pew Charitable Trusts (Pew)	501(c)(3)	Washington, DC	$415,231,323
National Opinion Research Center (NORC)	501(c)(3)	Chicago, IL	$348,969,128
Urban Institute	501(c)(3)	Washington, DC	$124,658,351
The Aspen Institute	501(c)(3)	Washington, DC	$232,109,335
American Institutes for Research in the Behavioral Sciences	501(c)(3)	Arlington, VA	$355,310,121
Evangelical Lutheran Good Samaritan Society	501(c)(3)	Sioux Falls, SD	$953,277,804
Consumer Reports (CR)	501(c)(3)	Yonkers, NY	$249,675,955
Weizmann Institute of Science	501(c)(3)	Israel,	$938,408,147
Research Foundation for the State University of New York (RFSUNY)	501(c)(3)	Albany, NY	$1,395,404,960
Cna Corporation	501(c)(3)	Arlington, VA	$142,365,190

Data update history

January 19, 2025

Received grants

Identified 51 new grant, including a grant for $3,600,000 from Bill & Melinda Gates Foundation

December 26, 2024

Updated personnel

Identified 10 new personnel

November 4, 2024

Updated personnel

Identified 6 new personnel

October 24, 2024

Received grants

Identified 11 new grant, including a grant for $162,500 from National Education Association of the United States

August 28, 2024

Posted financials

Added Form 990 for fiscal year 2023

Nonprofit Types

Research centersHousing and shelter organizationsCharities

Issues

Social sciencesPublic policy

Characteristics

Political advocacyConducts researchLobbyingOperates internationallyNational levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations

General information

Address: 1776 Main St PO Box 2138; Santa Monica, CA 90401
Metro area: Los Angeles-Long Beach-Anaheim, CA
County: Los Angeles County, CA
Website URL: rand.org/
Facebook page: RANDCorporation
Twitter profile: @randcorporation

IRS details

EIN: 95-1958142
Fiscal year end: September
Taxreturn type: Form 990
Year formed: 1948
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: V20: Social Science Research Institutes, Services
NAICS code, primary: 62422: Community Housing Services
Parent/child status: Independent

California AB-488 details

AB 488 status: May Operate or Solicit for Charitable Purposes
Charity Registration status: Current
FTB status revoked: Not revoked
AG Registration Number: 004460
FTB Entity ID: 0227537
AB 488 data last updated ("as-of") date: 2025-02-19

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RAND Corporation (RAND)

Program areas at RAND

Who funds RAND Corporation (RAND)

Personnel at RAND

Financials for RAND

Form 990s for RAND

Organizations like RAND

Nonprofits

Product

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