Raskob Foundation For Catholic Activities Incorporated

Organization Overview

Raskob Foundation For Catholic Activities Incorporated is located in Wilmington, DE. The organization was established in 1947. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raskob Foundation For Catholic Activities Incorporated 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, Raskob Foundation For Catholic Activities Incorporated generated $26.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $12.4m during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing



Describe the Organization's Program Activity:


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Brinker Capital
Luther King Capital Management
Boston Common Asset Managementllc
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,675
Interest on Savings $702
Dividends & Interest $7,300,447
Net Rental Income$0
Net Gain on Sale of Assets $19,343,943
Capital Gain Net Income $19,343,943
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $173,844
Total Revenue $26,821,611

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