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Nonprofit · EIN 47-2248988

RSM US FOUNDATION

Tax-exempt · DAVENPORT, IA 52807

Financials

$8M$7.2M2023$7M$7M2024
Revenue Expenses · by fiscal year end
Financials of RSM US FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,047,036$7,007,407$39,629$17,497,106$1,419,596$16,077,510
December 31, 2023990$8,036,477$7,153,298$883,179$16,170,213$844,263$15,325,950
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,543,156
Program service revenue
$0
Investment income
$538,892
Net income from fundraising events
-$50,012
Other revenue
-$35,012

Expenses

Grants and similar amounts paid
$6,790,482
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$14,425
Program services (functional)
$6,949,991
Management and general (functional)
$57,416

Balance sheet and other

Total assets, start of year
$16,170,213
Total assets, end of year
$17,497,106
Total liabilities, end of year
$1,419,596
Net assets, end of year
$16,077,510
Publicly traded securities
$13,790,417
Net assets without donor restrictions
$16,077,510
Gross receipts
$7,199,677
Employees
0
Volunteers
9
Year formed
2014
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DOUG OPHEIMCHAIR & TREASURER
Trustee or director, Officer
2$0
ROBBIE BEYERDIRECTOR
Trustee or director
2$0
CHUCK FREEMANDIRECTOR
Trustee or director
2$0
RHONDA KLOSLERDIRECTOR
Trustee or director
2$0
WENDY SANCEWICHDIRECTOR
Trustee or director
2$0
DONNA SCIARAPPASECRETARY
Trustee or director, Officer
2$0
JONATHAN WATERMANDIRECTOR
Trustee or director
2$0
TONY WOODFORMER VICE PRESIDENT
Trustee or director, Officer
2$0
BRIAN BECKERPRESIDENT
Officer
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DOUG OPHEIMCHAIR & TREASURER
Trustee or director, Officer
2$0
SUDHIR KONDISETTYVICE-CHAIR
Trustee or director, Officer
2$0
ROBBIE BEYERDIRECTOR
Trustee or director
2$0
JACKIE DAMMEIERDIRECTOR
Trustee or director
2$0
CHUCK FREEMANDIRECTOR
Trustee or director
2$0
RHONDA KLOSLERDIRECTOR
Trustee or director
2$0
DONNA SCIARAPPADIRECTOR
Trustee or director
2$0
JONATHAN WATERMANDIRECTOR
Trustee or director
2$0
BRIAN BECKERPRESIDENT
Officer
2$0

Address and contacts

Address (IRS master file)
4650 E 53RD ST, DAVENPORT, IA 52807-3479
In care of
% HAROLD DAWSON
Mailing address (990-N for 2014)
331 W 3rd St Ste 200, Davenport IA 52801
Principal officer (990 for 2024)
BRIAN BECKER, 4650 EAST 53RD STREET, DAVENPORT, IA 52807
Principal officer (990-N for 2014)
Joseph M Adams, 331 W 3rd St Ste 200, Davenport IA 52801
Signed the 990
DONNA SCIARAPPA, CHAIR
Phone
(319) 354-1500

Mission

WE ARE DEDICATED TO BUILDING TOMORROW'S MIDDLE MARKET LEADERS BY:- ENHANCING EDUCATIONAL OUTCOMES THROUGH PROGRAMS FOR INDIVIDUALS TO HAVE A CAREER PATH TO BECOME AN ENTREPRENEUR OR MIDDLE MARKET BUSINESS LEADER AND/OR- SUPPORTING ORGANIZATIONS COMMITTED TO PROVIDING A MORE STABLE ENVIRONMENT FOR YOUTH IN THE AREAS OF HUNGER, HOUSING OR HEALTH, WHICH WILL HELP THEM EXCEL IN EDUCATION

990 for the year ended December 31, 2024

Program accomplishments

  • POWER OF LOVE (FKA BIRDIES FORE LOVE): IN 2024, RSM US FOUNDATION TEAMED WITH THE DAVIS LOVE FOUNDATION FOR THE TWELTH ANNUAL POWER OF LOVE CAMPAIGN. ORIGINATED BY THE DAVIS LOVE FOUNDATION, THE CAMPAIGN HAS GENERATED FINANCIAL SUPPORT FOR MANY CHARITIES HELPING CHILDREN AND FAMILIES IN THE SOUTHEAST. WITH RSM US FOUNDATION'S SUPPORT, POWER OF LOVE HAS EXPANDED ITS REACH TO INCLUDE CHARITIES FOCUSED ON CHILDREN AND FAMILIES ACROSS THE UNITED STATES, CANADA, INDIA, AND EL SALVADOR. IN 2024, MORE THAN $3.4 MILLION WAS RAISED TO BENEFIT OVER 100 CHARITIES. IN ADDITION TO FINANCIAL SUPPORT, MORE THAN 13,000 RSM EMPLOYEES AND THEIR FAMILY MEMBERS SPENT 63,000 HOURS VOLUNTEERING ACROSS THE UNITED STATES, CANADA, INDIA, AND EL SALVADOR.
    Expenses $3,450,164 · grants $3,290,655
  • UNIVERSITY GIVING: RSM US FOUNDATION IS FOCUSED ON ENHANCING EDUCATION FOR TOMORROW'S MIDDLE MARKET LEADERS. IN 2024, OVER 90 COLLEGES AND UNIVERSITIES AND 31 ELIGIBLE INDIVIDUALS RECEIVED GRANTS AND SCHOLARSHIPS.
    Expenses $1,347,872 · grants $1,347,872
  • NATIONAL CHARITIES: GRANT SUPPORT TO NATIONAL CHARITIES WHOSE MISSION ALIGNS WITH THE MISSION OF THE RSM US FOUNDATION OF EDUCATION, HOUSING, OR HEALTH
    Expenses $624,234 · grants $624,234
  • DOLLARS FOR DOERS: THROUGH THE DOLLARS FOR DOERS PROGRAM, RSM US FOUNDATION PROVIDES MONETARY GRANTS TO MATCH THE DIRECT VOLUNTEER HOURS DEVOTED BY RSM US LLP EMPLOYEES TO SERVING CHARITIES WITH MISSIONS ALIGNED TO THE MISSION OF RSM US FOUNDATION. GRANTS ARE ALSO AWARDED TO ELIGIBLE ORGANIZATIONS FOR EACH TEAMS PARTICIPATION IN RSM US LLP'S VOLUNTEER DAY. IN 2024, RSM EMPLOYEES AND PARTNERS VOLUNTEERED FOR 63,000 HOURS AND OVER 300 GRANTS WERE DISBURSED TO ELIGIBLE ORGANIZATIONS.
    Expenses $706,138 · grants $706,138
  • INCLUSION: IN 2024, THE INCLUSION FUND FUNDED EDUCATIONAL SCHOLARSHIPS FOR STUDENTS FROM UNDERREPRESENTED POPULATIONS PURSUING AN EDUCATION IN ACCOUNTING, BUSINESS OR TECHNOLOGY. THE FUND ALSO EXPANDED ITS EFFORTS DURING THE YEAR BY PROVIDING 19 GRANTS TO ORGANIZATIONS THAT ALIGN WITH RSM FOUNDATION'S MISSION.
    Expenses $113,500 · grants $113,500
  • COMMUNITY IMPACT FUND: THROUGH THE COMMUNITY IMPACT FUND, RSM US FOUNDATION PROVIDES GRANTS TO LOCAL CHARITIES RECOMMENDED BY RSM US LLP EMPLOYEES. THE PURPOSE OF THESE GRANTS IS TO AMPLIFY RSM EMPLOYEE GROUP FUNDRAISING EFFORTS AND/OR RELATIONSHPS WITH LOCAL CHARITIES. ALL GRANTS GO TO CHARITIES WHOSE MISSION ALIGNS TO THE MISSION OF RSM US FOUNDATION.
    Expenses $400,155 · grants $400,155
  • ALL OTHER PROGRAMS
    Expenses $307,928 · grants $307,928

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-2248988
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$17,497,106
Income (IRS master file)
$7,199,677

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,047,036$7,007,407$17,497,106XML
990December 2023$8,036,477$7,153,298$16,170,213XML
990December 2022$11,436,513$9,034,475$13,888,045IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2014
Officer: Joseph M Adams
December 31, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2248988).

Questions about RSM US FOUNDATION

What is the EIN of RSM US FOUNDATION?
The employer identification number (EIN) of RSM US FOUNDATION is 47-2248988.
Is RSM US FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to RSM US FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RSM US FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RSM US FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RSM US FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RSM US FOUNDATION?
The 990 for the year ended December 31, 2024 names BRIAN BECKER.
Who are the officers and directors of RSM US FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does RSM US FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,047,036, expenses of $7,007,407 and total assets of $17,497,106 at year end.

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