Joseph Raunhorst Family Foundation
- Assets
- $7.0m
- Revenue
- $2.7m
- Investments
- $6.2m
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 02-0694762
Organization Overview
Joseph Raunhorst Family Foundation is located in Sioux Falls, SD. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joseph Raunhorst Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Joseph Raunhorst Family Foundation generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.8% each year . All expenses for the organization totaled $210.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Joseph Raunhorst Family Foundation has awarded 98 individual grants totaling $1,402,660. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph J Rauenhorst Pres/dir (as Required) | 0.4 | $0 | |
Tammy Crosby Treas/vp/dir (as Required) | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,798,058 |
| Interest on Savings | $17 |
| Dividends & Interest | $7 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,027 |
| Capital Gain Net Income | $695,297 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $855,377 |
| Total Revenue | $2,706,486 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $744 |
| Total operating and administrative expenses | $11,369 |
| Contributions, gifts, grants paid | $199,500 |
| Total expenses and disbursements | $210,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $795,499 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,964,718 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,982,547 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Joseph Raunhorst Family Foundation has awarded $199,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MY CHOSEN VESSELS PURPOSE: SUSTAINABLE CLEAN WATER PROGRAM: MBIRIKANI VILLAGE IN AMBOSELI, KENYA | $55,000 |
Saint Louis, MO PURPOSE: BOREHILL DRILLING/SOLAR POWER INSTALLATION - MUKOMA MINING COMMUNITY | $37,200 |
BROTHERS OF ST CHARLES LWANGA FOUNDATION PURPOSE: ST. LEO'S YOUTH CENTER, MBARARA - DRILLING/INSTALLING CLEAN/SAFE WATER SUPPLY SYSTEM | $25,000 |
Portland, OR PURPOSE: SUPPORT BORE HOLE DRILLING/INSTALLATION @ ST. MARY'S MEDICAL FACILITY IN ZAMBWE | $24,300 |
PRESENTATION SISTERS PURPOSE: WELL FOR SCHOOL IN MALAWI | $24,000 |
Saint Louis, MO PURPOSE: BOREHILL DRILLING/SOLAR POWER INSTALLATION - KANGETA HOSPITAL | $22,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ghr Foundation Minneapolis, MN | $0 | $118,752,892 |
Goodman Family Operating Foundation Chaska, MN | $298,216,479 | $15,439,155 |
Wca Foundation C/O The Minneapolis Foundation Minneapolis, MN | $0 | $1,050,329 |
Esther And Harold Mertz Foundation Sioux Falls, SD | $674,132,608 | $21,835,940 |
Larson Foundation Sioux Falls, SD | $23,259,212 | -$633,184 |
John T Vucurevich Foundation Rapid City, SD | $151,565,692 | $20,798,188 |
Pohlad Family Foundation Minneapolis, MN | $102,001,164 | $18,381,775 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
F R Bigelow Foundation Trust 555 St Paul, MN | $202,026,485 | $23,166,449 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
David And Janis Larson Foundation Minneapolis, MN | $131,263,001 | -$404,078 |
The Jennings Family Foundation Edina, MN | $20,317,059 | $4,027,228 |