← Back to US Funders Directory

Rannie Webster Foundation

Rannie Webster Foundation - NOT A GRANT-MAKING ORGANIZATION

EIN: 02-0331198 Location: Rye, NH Status: Operating Foundation (Not a Grantmaker)

Summary

The Rannie Webster Foundation is NOT a grant-making organization. It is an operating foundation that owns and operates Webster at Rye, a senior living facility in Rye, New Hampshire.

What This Foundation Does

The Rannie Webster Foundation was established at the bequest of Ms. Rannie Webster, a businesswoman who summered in Rye. The foundation's mission is to provide a continuum of housing and healthcare services, with an emphasis on quality of life and quality of care in an atmosphere of compassion, dignity and community.

Operations

  • Facility Type: Senior living facility operating as Webster at Rye
  • Services: 56 assisted living units, 25 memory care units, and 57-bed nursing home
  • Average Residents: 118 residents
  • Employees: 206
  • Annual Revenue: Approximately $20.9 million (FY 2024)

Financial Assistance

The foundation does provide financial assistance, but only to residents of Webster at Rye who cannot fully support themselves:

  • Through New Hampshire Medicaid program participation
  • Through Webster's own assistance program
  • Residents receive over $1 million per year in subsidized care

Funding Model

The foundation receives donations from the public to support its endowment funds, which help subsidize care for residents with financial need. It does not make grants to external organizations or individuals.

Why This Is Not Relevant for Grant Seekers

This foundation:

  • Does not accept grant applications from external organizations
  • Does not fund projects, programs, or research
  • Only provides financial assistance to residents of its own facility
  • Operates as a direct service provider, not a grantmaker

References

← Back to US Funders Directory