Overview
What is The Rand Corporation?
The Rand Corporation, located at 1776 Main Street, PO Box 2138, Santa Monica, CA, 90407-2138, is a renowned nonprofit organization dedicated to advancing public policy through meticulous research and analysis. With a staff of 2211 individuals, the corporation's mission is to promote scientific, educational, and charitable purposes for the public welfare and security of the United States, while also operating doctoral and degree programs. Established to further and improve policy and decision-making processes, the Rand Corporation focuses on providing valuable insights and knowledge to enhance the overall well-being of society.
Official website here: www.rand.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Rand Corporation has achieved a strong overall rating of 96%, reflecting its high level of accountability and financial health. With an impressive score in areas like independent board membership and financial oversight, it demonstrates a commitment to transparency and effective governance. The organization has consistently adhered to best practices in financial management, ensuring that a significant portion of its resources is allocated to its programs.
The organization boasts a solid program expense ratio of 77.61%, indicating that a large majority of its expenditures directly support its initiatives. Additionally, the absence of any material diversion of assets highlights its integrity and reliability in handling funds. The presence of whistleblower and conflict of interest policies further reinforces the organization's commitment to ethical practices and accountability.
While the Rand Corporation excels in financial management and governance, the data does not highlight any specific limitations or areas for improvement, which suggests a well-functioning organization. Overall, its strong ratings signify a trustworthy nonprofit that effectively utilizes its resources to fulfill its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Rand Corporation legitimate?
The Rand Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rand Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,271,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,871,617
For more financial information, click here
Official website here: www.rand.org
What is the mission statement of The Rand Corporation?
The Rand Corporation is a renowned research organization dedicated to enhancing policy and decision-making processes. Through rigorous research and analysis, they aim to bring about positive change and advance the public welfare and security of the United States. Established to promote scientific, educational, and charitable purposes, the organization's primary focus lies in improving policy outcomes through evidence-based research. By providing insights and recommendations to various sectors, the Rand Corporation strives to make informed decisions that lead to better outcomes for the community. Furthermore, they operate doctoral and degree programs, emphasizing the importance of continuous learning and knowledge expansion in their mission.
Official website here: www.rand.org
Who is the CEO of The Rand Corporation?
Unavailable The CEO's salary of The Rand Corporation is $0 and their total compensation is $0.
Official website here: www.rand.org
What is the revenue of The Rand Corporation?
The Rand Corporation's revenue in 2022 was $399,092,198.
Official website here: www.rand.org
Who are the executives of The Rand Corporation and what are their salaries?
The average compensation at The Rand Corporation during 2022 was $81,476. There are 2211 employees and 14 volunteers at The Rand Corporation.
Here are 39 key members and their salaries (The Rand Corporation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $1,178,642
- Related: $0
- Other: $79,778
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $508,872
- Related: $0
- Other: $50,940
- Compensation: $447,947
- Related: $0
- Other: $67,505
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $404,237
- Related: $0
- Other: $62,065
- Compensation: $135,399
- Related: $0
- Other: $11,512
- Compensation: $378,058
- Related: $0
- Other: $71,612
- Compensation: $328,015
- Related: $0
- Other: $61,646
- Compensation: $396,211
- Related: $0
- Other: $51,455
- Compensation: $347,170
- Related: $0
- Other: $45,210
- Compensation: $393,475
- Related: $0
- Other: $56,605
- Compensation: $354,829
- Related: $0
- Other: $52,670
- Compensation: $366,124
- Related: $0
- Other: $57,520
- Compensation: $240,189
- Related: $0
- Other: $55,806
Official website here: www.rand.org
Where can I find the form 990 for The Rand Corporation?
The Rand Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rand.org
Learn more at the official website: www.rand.org
Mission Statement of The Rand Corporation
The Rand Corporation, a prominent nonprofit organization, is dedicated to enhancing policy and decision-making processes through rigorous research and analysis. Established to further scientific, educational, and charitable purposes for the public welfare and security of the United States, this institution plays a vital role in shaping informed policies. By conducting comprehensive studies and providing insightful data-driven recommendations, The Rand Corporation aims to contribute significantly to the betterment of various sectors and issues. Through its research, this organization helps inform and guide policymakers in making well-informed decisions that positively impact the public.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Rand Corporation significantly impacts policy and decision-making across various sectors through rigorous research and analysis. Its focus on public policy research enables the organization to deliver insights that inform government actions, educational programs, and social initiatives. By promoting scientific and educational pursuits, Rand works to enhance the welfare and security of the United States. The corporation's work influences legislative processes, economic strategies, and public health initiatives, ultimately guiding policymakers toward informed decisions that benefit society at large. Operating out of Santa Monica, California, Rand continues to be a leading source of evidence-based recommendations that shape effective governance and public service.
This information is meant to be a general summary of The Rand Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16,088,619
- Program Service Revenue: $13,533,474
- Gross Receipts: $436,627,337
Assets and Liabilities:
- Total Assets: $567,996,770
- Total Liabilities: $178,033,031
- Net Assets: $389,963,739
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE REVENUE
Revenue
$13,279,898
RENTAL INCOME
Revenue
$253,576
Organization Details
Founding Year
1948
Phone
(310) 393-0411Main Address
1776 Main Street PO Box 2138, Santa Monica, CA, 904072138
Website
www.rand.orgNTEE Category
Code: W050 - Public benefit
If you are a representative of The Rand Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.