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Indian Paintbrush Foundation
Steven M. Rales established the Indian Paintbrush Foundation in 1994. The foundation received its primary endowment through a 2021 donation of 6.1 million...
Indian Paintbrush Foundation
Steven M. Rales established the Indian Paintbrush Foundation in 1994. The foundation received its primary endowment through a 2021 donation of 6.1 million Danaher shares. It functions as a grant-making 501(c)(3) organization focused on education, health, and arts causes. The foundation invests across public equities and venture capital. Confirmed holdings include a long position in Danaher Corporation valued near $1.5 billion and limited-partner commitments to Pacific Lake Partners Fund Five, Sapphire Ventures, TQ Ventures, Rackhouse Venture Capital II, and BITKRAFT Ventures Fund III. All activity remains inside the United States. No recent operational events from the last 24 months appear in available records. The foundation lists one service provider, Travis L. Patton, as vice president and tax preparer since 2021. It maintains no disclosed additional offices or professional headcount.
General information
Firm type
Endowment / Foundation
Year founded
1994
Location
Region
North America
Country
United States
City
Washington
Corporate office
2200 Pennsylvania Ave NW, Suite 800W, Washington, DC 20037
Principals
Steven M. Rales
Founder, Chairman and President
Sector focus
Frequently asked questions
Who runs investment decisions at Indian Paintbrush Foundation?
Steven M. Rales serves as founder, chairman, and president. No separate CIO or investment committee is named in records.
Does Indian Paintbrush Foundation participate in fund commitments or only direct deals?
The foundation acts as a limited partner in at least five venture capital funds. No direct company investments are recorded.
Where does the underlying wealth come from?
The endowment originated from a 2021 donation of 6.1 million Danaher Corporation shares by Steven M. Rales.
What investment stages does Indian Paintbrush Foundation typically target?
Available data show commitments only to established venture funds. No stage preferences are disclosed.
How is Indian Paintbrush Foundation related to Danaher Corporation?
Danaher shares donated in 2021 form the bulk of the foundation's assets and constitute its primary wealth source.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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