Leslie V & Stella Raymond Foundation Inc
- Assets
- $2.6m
- Revenue
- $147.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Raymond, WA
- Founding
- 12/1964
- Data as of
- 12/2022
- EIN
- 91-6057558
Organization Overview
Leslie V & Stella Raymond Foundation Inc is located in Raymond, WA. The organization was established in 1964. 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. Leslie V & Stella Raymond Foundation Inc 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, Leslie V & Stella Raymond Foundation Inc generated $147.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $180.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Leslie V & Stella Raymond Foundation Inc has awarded 134 individual grants totaling $1,640,796. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FUNDING FOR SCHOLARSHIPS AND EDUCATIONAL PROGRAMS
PROVIDED FUNDING FOR COMMUNITY DEVELOPMENT SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Brummel President | 0.25 | $0 | |
Karen Clements Secretary | 4 | $4,000 | |
Sue Bale Director | 0.25 | $0 | |
Jeffrey Nevitt Director | 0.25 | $0 | |
Ian Farrell Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,167 |
| Interest on Savings | $23,804 |
| Dividends & Interest | $73,805 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,476 |
| Capital Gain Net Income | $44,919 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $147,252 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $538 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,057 |
| Total operating and administrative expenses | $54,992 |
| Contributions, gifts, grants paid | $125,683 |
| Total expenses and disbursements | $180,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,027 |
| Savings and temporary cash investments | $2,495,581 |
| 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 | $2,702 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,645,310 |
| 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, Leslie V & Stella Raymond Foundation Inc has awarded $125,683 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS YOUTH ACTIVITIES PURPOSE: COMMUNITY & EDUCATIONAL DEVELOPMENT PROGRAMS | $4,000 |
RAYMOND SCHOOL DISTRICT PURPOSE: EDUCATIONAL DEVELOPMENT PROGRAMS | $31,150 |
WASHINGTON STATE UNIVERSITY PURPOSE: EDUCATIONAL SCHOLARSHIPS | $6,500 |
WESTERN WASHINGTON UNIVERSITY PURPOSE: EDUCATIONAL SCHOLARSHIPS | $6,500 |
GRAYS HARBOR COLLEGE PURPOSE: EDUCATIONAL SCHOLARSHIPS | $6,000 |
BRIGHAM YOUNG UNIVERSITY PURPOSE: EDUCATIONAL SCHOLARSHIPS | $1,500 |