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Steven Rales

Steven Rales

American businessman and film producer

CaliforniaManufacturing

AIProfile Summary

Steven Rales is an American businessman and film producer from the United States, with an estimated net worth of ~$8.2B Wikidata. He is identified in the data as being in the manufacturing industry and was born in 1951 Wikidata.

Business & SEC Activity

The provided data does not include company names or transaction details, but it identifies Rales as a businessman and film producer Wikidata. His wealth is listed as an estimated net worth of ~$8.2B Wikidata.

Philanthropy

Rales is associated with two private foundations that filed IRS Form 990 returns for 2023, which are annual information returns used by nonprofits to report finances and grants ProPublica 990. The Norman R Rales And Ruth Rales Foundation reported $14,820,114 in grants paid and $212,153,902 in total assets, while the Mitchell P Rales Family Foundation reported $547,300 in grants paid and $197,469 in total assets ProPublica 990.

Political Activity

From 2003 to 2025, Rales made 100 federal campaign contributions totaling $510,205 FEC. Most of the money went to Democratic recipients, with $351,350 to DEM, $5,600 to DFL, and $3,300 to NNE, compared with $11,800 to REP and $130,255 to PAC/Other FEC.

In the News

A 2026 ARTnews item about Mitchell Rales reported a $116 million gift to the National Gallery of Art for a lending program NewsAPI. The article is about Mitchell Rales, not Steven Rales, so it should not be treated as a direct report on Steven Rales NewsAPI.

AI-generated summary from gdelt, propublica_990, wikidata, fec 6/27/2026 (gpt-5.4-mini). All claims are derived from the source data shown below.

USU.S. Presence

otherU.S. economic presence

990Philanthropy

$212.4MFoundation Assets
$15.4MGrants Paid
2Foundations
Norman R Rales And Ruth Rales FoundationWashington, DC
Assets: $212.2MRevenue: $7.8MGrants: $14.8MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Mitchell P Rales Family FoundationPotomac, MD
Private grantmaking foundation (IRS NTEE T20J)
Assets: $197KRevenue: $648KGrants: $547KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$510KTotal Contributed
100Contributions
2003–2025Date Range

By Party

DEM
$351K
PAC/Other
$130K
REP
$12K
NNE
$8K
DFL
$6K
IND
$3K

Top Recipients

DSCC$71K
OBAMA VICTORY FUND$29K
DNC SERVICES CORPORATION/DEMOCRATIC NATIONAL COMMITTEE$29K
FRIENDS OF MARK WARNER$22K
FORWARD TOGETHER PAC$18K
Source: FEC contribution filings · latest on record (retrieved 3/9/2026) (fec)

PBSScore Breakdown

B
53.2
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
28%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
100%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source. View on Wikidata

Steven Rales — Public Benefit Score B (53) | Billionaire Army