Raikes Foundation

Organization Overview

Raikes Foundation is located in Seattle, WA. The organization was established in 2002. 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. Raikes 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, Raikes Foundation generated $16.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $28.5m during the year ending 12/2021. While expenses have increased by 7.4% 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 2014, Raikes Foundation has awarded 1,636 individual grants totaling $126,384,161. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

GIVING COMPASS: TO SUPPORT WWW.GIVINGCOMPASS.ORG, AN ONLINE PLATFORM USED TO EDUCATE AND CONNECT DONORS TO IMPACT-DRIVEN PHILANTHROPY.


EDUCATION: TO DEVELOP CAPACITY FOR THE SYSTEMS CHANGE WORK NECESSARY TO BUILD EQUITABLE SCHOOLS AND EDUCATIONAL SYSTEMS ACROSS THE COUNTRY.


IMPACT-DRIVEN PHILANTHROPY: TO SUPPORT COLLABORATION AND BUILD CAPACITY TO INFLUENCE DONORS TO GIVE WITH IMPACT.


YOUTH AND YOUNG ADULT HOMELESSNESS: TO DEVELOP CAPACITY FOR THE SYSTEMS CHANGE WORK NECESSARY TO PREVENT AND END YOUTH HOMELESSNESS IN WASHINGTON STATE AND AT THE NATIONAL LEVEL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Education Counsel
$950,000
The Bridgespan Group Inc
$454,100
Skd Knickerbocker Llc
$418,000
Rally
$411,737
Shapiro Capital Management Llc
$237,773
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $108,000
Interest on Savings $570
Dividends & Interest $1,808,712
Net Rental Income$0
Net Gain on Sale of Assets $9,430,239
Capital Gain Net Income $12,706,936
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,013,077
Total Revenue $16,360,598

Grants Awarded

Over the last fiscal year, Raikes Foundation has awarded $24,204,551 in support to 283 organizations.

Grant RecipientAmount

THE SEATTLE FOUNDATION

Org PageRecipient Profile

Seattle, WA

PURPOSE: GRANTMAKERS FOR THRIVING YOUTH POLICY WORKING GROUP COLLABORATIVE (2021-2022), RESOURCE EQUITY FUNDERS COLLABORATIVE (2021-2022), FUNDERS FOR ADOLESCENT SCIENCE TRANSLATION (FAST) COLLABORATIVE (2021-2022)

$2,250,000

THE SEATTLE FOUNDATION

Org PageRecipient Profile

Seattle, WA

PURPOSE: RESOURCE EQUITY FUNDERS COLLABORATIVE (2021-2022)

$1,150,000

THE SEATTLE FOUNDATION

Org PageRecipient Profile

Seattle, WA

PURPOSE: GRANTMAKERS FOR THRIVING YOUTH POLICY WORKING GROUP COLLABORATIVE (2021-2022)

$800,000

THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

PURPOSE: STUDENT EXPERIENCE PROJECT: COLLEGE TRANSITION COLLABORATIVE DESIGN, IMPLEMENTATION, RESEARCH & TOOL DEVELOPMENT

$682,665

ASSOCIATION OF PUBLIC AND LAND-GRANT UNIVERSITIES

Org PageRecipient Profile

Washington, DC

PURPOSE: STUDENT EXPERIENCE PROJECT: DESIGN, IMPLEMENTATION, RESEARCH & TOOL DEVELOPMENT

$617,000

SOCIAL VENTURE PARTNERS INTERNATIONAL

Org PageRecipient Profile

Seattle, WA

PURPOSE: GENERAL OPERATING SUPPORT (2022-2024)

$600,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Raikes Foundation has recieved totaling $50,000.

Awarding OrganizationAmount
Bill & Melinda Gates Foundation

Seattle, WA

PURPOSE: GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS

$50,000
View Grant Recipient Profile

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