Public Charity

The Rand Corporation

The Rand Corporation, of Santa Monica, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $534.6M in revenue, $527.3M in expenses, $773.3M in total assets. 347 publicly reported grants to this organization, totaling roughly $151.8M, appear in IRS filings.

EIN: 951958142 Santa Monica, CA Research Institutes & Public Policy Analysis NTEE: W05 Latest filing: 2025
Total Revenue$534.6M
Total Expenses$527.3M
Total Assets$773.3M
Grant Records347
Funding Total$151.8M
Filing Years2021–2025

Mission

HELP IMPROVE POLICY AND DECISION MAKING THROUGH RESEARCH AND ANALYSIS.

Where $100 goes at The Rand Corporation

How The Rand Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$78 Programs the work itself
$21 Management running the organization
$1 Fundraising raising the next dollar

Inside the $78 for programs

$78
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…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
GENERAL SUPPORT
$1,300,000
2025
GRANT, ALIGNING EMPLOYMENT AND EDUCATION SYSTEMS FOR THE SUCCESS OF LOW-INCOME WORKING ADULT LEARNERS: THE ACHIEVE YOUR DEGREE PROGRAM
$161,000
$75,000
2025
TO ASSESS THE ROLE AND VALUE OF NONDEGREE WORKFORCE CREDENTIALS IN INDIANA
$28,721
2025
GENERAL SUPPORT
$10,000

Showing up to 5 of 347 total records — full history available with membership.

Officers & Directors

SVP, Research and Analysis Andrew Hoehn
VP, Social & Economic Well-Being Anita Chandra
VP, NSRD Barry Pavel
Trustee Carl Bildt
VP, Chief Development Officer Christine Lanoie-Newman
Trustee Chuck Hagel

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts & Culture
$61,646,790 1 grant
General Support
$49,281,876 154 grants
Research & Policy
$13,789,773 80 grants
Fundraising & Sponsorship
$6,270,136 15 grants
Economic Development
$5,540,832 17 grants

Financial Trends

Year Revenue Expenses Assets
2025 $534.6M $527.3M $773.3M
2024 $461.5M $449.0M $743.9M
2023 $467.2M $413.0M $703.7M
2022 $399.1M $370.6M $568.0M
2021 $381.2M $357.2M $605.6M

Between 2021 and 2025, reported annual revenue grew from $381.2M to $534.6M (+40%), with total assets most recently reported at $773.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for The Rand Corporation

Complete financials, all 347 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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