Raynier Institute & Foundation

Organization Overview

Raynier Institute & Foundation is located in Wilmington, DE. The organization was established in 1994. 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. Raynier Institute & 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 12/2022, Raynier Institute & Foundation generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Raynier Institute & Foundation has awarded 690 individual grants totaling $37,417,500. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $103,626
Dividends & Interest $1,726,998
Net Rental Income$0
Net Gain on Sale of Assets $103,740
Capital Gain Net Income $103,740
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,934,364

Grants Awarded

Over the last fiscal year, Raynier Institute & Foundation has awarded $4,795,000 in support to 73 organizations.

Grant RecipientAmount

PACIFIC PUBLIC MEDIA

PURPOSE: TO SUPPORT KNKX'S NEW SEATTLE HOME AND FOR THE NAMING RIGHTS OF THE JAZZ LOUNGE (LAPIS LOUNGE).

$650,000

Philadelphia, PA

PURPOSE: KATE'S PLACE RESIDENCE CAPITAL PROJECT AND TO PROVIDE PARKSIDE RESIDENCE START-UP OPERATING SUPPORT

$575,000

ABINGTON MEMORIAL HOSPITAL FOUNDATION

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: TO SUPPORT NURSING RECRUITMENT AND RETAINMENT

$500,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA - PENN MEDICINE

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: TO SUPPORT 3 CUTTING-EDGE STUDIES LEAD BY DR. ANGIE DEMICHELE. THEY INCLUDE THE PALAVY, SURMOUNT, AND ABBY RESEARCH STUDIES.

$250,000

LITTLE SISTERS OF THE POOR OF THE CITY AND COUNTY OF PHILADELPHIA

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: TO SUPPORT PHASE 2 OF THE REBUILD OF THE LITTLE SISTERS OF THE POOR HOLY FAMILY HOME HOUSING THE ELDERLY POOR.

$250,000

Philadelphia, PA

PURPOSE: TO SUPPORT THE HOUSING STABILITY INITIATIVE PROGRAM

$250,000
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