Raymond Family Foundation Trust Indenture Agreement
- Assets
- $30.4m
- Revenue
- $2.3m
- Investments
- $29.8m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 56-6502391
Organization Overview
Raymond Family Foundation Trust Indenture Agreement is located in Portland, OR. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Raymond Family Foundation Trust Indenture Agreement 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, Raymond Family Foundation Trust Indenture Agreement generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 15.9% per year over the past 6 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.
Since 2017, Raymond Family Foundation Trust Indenture Agreement has awarded 566 individual grants totaling $7,849,418. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniela Megan Kerrigan Director | 43 | $36,000 | |
Robert Raymond Director | 1 | $0 | |
William Kerrigan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $108 |
| Dividends & Interest | $745,592 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,445,108 |
| Capital Gain Net Income | $1,445,108 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $98,611 |
| Total Revenue | $2,289,419 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,641 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,886 |
| Total operating and administrative expenses | $182,701 |
| Contributions, gifts, grants paid | $1,898,083 |
| Total expenses and disbursements | $2,080,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $553,175 |
| 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 | $3,086,976 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,400,210 |
| 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, Raymond Family Foundation Trust Indenture Agreement has awarded $1,898,083 in support to 99 organizations.
| Grant Recipient | Amount |
|---|---|
ASANTE FOUNDATION PURPOSE: TO ENHANCE HEALTH CARE IN OUR REGION | $400,000 |
Chebeague Island, ME PURPOSE: TO SUPPOT OPERATION OF AN ADULT FAMILY CARE HOME FOR THE BENEFIT OF ELDERLY RESIDENTS OF CHEBEAGUE ISLAND | $150,000 |
Bridgeton, MO PURPOSE: TO SUPPORT NATIONWIDE AND INTERNATIONAL RESIDENTIAL AND EDUCATIONAL PROGRAM | $150,000 |
Portland, OR PURPOSE: TO CLOSE THE RACIAL ACHIEVEMENT AND OPPORTUNITY GAPS | $100,000 |
Portland, OR PURPOSE: TO MENTOR PORTLAND'S HOMELESS YOUTH TO AFFIRM PERSONAL WORTH AND CREATE HEALTHIER LIVES AND COMMUNITIES | $70,000 |
SOCIAL VENTURE PARTNERS PURPOSE: TO INVEST IN NONPROFIT ORGANIZATIONS AND COMMUNITY CAUSES. | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |