# Darla Moore and Richard Rainwater Foundation

Darla Moore and Richard Rainwater Foundation is an Endowment / Foundation based in Lake City, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Lake City, United States
- **Region:** North America
- **Address:** 133 B E Main St, Lake City, SC, United States
- **Founded:** 2011
- **Assets under management:** 658 (Altss estimate)

## Regulatory record

- **Reports private funds:** No

## About

The foundation was established in 2011 by Darla Moore and her late husband Richard Rainwater. Moore, a former partner at Rainwater Inc., serves as president and chair. The entity operates from Lake City, South Carolina, and traces its resources to the couple's investment activities across finance, energy, and property. Capital deployment spans direct real-estate ownership, venture-capital fund commitments, and public-market holdings. Confirmed positions include limited-partner stakes in EOS Real Estate Partners I, Eclipse Early-Stage Fund IV, TCG Crossover Fund I, and Legacy Venture X. The foundation also maintains an allocation to Pleiad Asia Offshore Fund. Geographic reach covers the United States, with emphasis on South Carolina properties, plus exposure to Asian markets through the offshore vehicle. Asset-class mix includes mixed-use real estate, venture capital, hedge-fund interests, and fixed-income ETFs. Reported assets total $658 million. The foundation maintains Moore Farms Botanical Garden, ArtFields Collection, and downtown Lake City revitalization projects that include The Inn at the Crossroads. It lists three additional offices or vehicles through related foundations: Charleston Parks Conservancy, Palmetto Institute, and the main entity itself. April 2024: Sponsored the ArtFields event focused on contemporary Southern art and community revitalization. Service providers include JPMorgan Chase as investment advisor and Foundation Source for administrative support. A structural distinction lies in the integration of operating real-estate assets with an endowment-style portfolio. Direct ownership of 7 Oaks Plantation, Moore Farms Botanical Garden, and multiple Lake City commercial properties sits alongside LP commitments rather than being held in a separate family investment company. This architecture keeps local operating decisions inside the same legal entity that makes external fund allocations.

## Sectors

- Real Estate
- Education
- Venture Capital

## People

- Darla Moore — President and Chair
- Richard Rainwater — Co-founder

## Questions

### Who runs investment decisions at the foundation?

Darla Moore serves as president and chair and oversees allocation choices. The foundation lists JPMorgan Chase as its long-term investment advisor.

### Does the foundation participate in fund commitments or only direct deals?

It holds both direct real-estate assets and limited-partner interests in multiple external funds, including EOS Real Estate Partners I and Eclipse Early-Stage Fund IV.

### What investment stages does the foundation target?

Commitments appear across early-stage venture vehicles and operating real-estate assets. Ticket sizes referenced in records range from $5 million to $20 million.

### What is the foundation's known posture on co-investments alongside external GPs?

Records show limited-partner participation in funds but no disclosed direct co-investments alongside those managers.

### Which sectors does the foundation explicitly avoid?

No formal avoidance list is documented in available records.

## Related profiles

- [Eland Private Equity](https://altss.com/profile/eland-private-equity)
- [J. Bulow Campbell Foundation](https://altss.com/profile/j-bulow-campbell-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/darla-moore-and-richard-rainwater-foundation

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