James D And Sherry Raisbeck Foundation
- Assets
- $9.5m
- Revenue
- $1.4m
- Investments
- $9.2m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/2000
- Data as of
- 12/2023
- EIN
- 91-6478077
Organization Overview
James D And Sherry Raisbeck Foundation is located in Seattle, WA. The organization was established in 2000. 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. James D And Sherry Raisbeck 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 12/2023, James D And Sherry Raisbeck Foundation generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $5.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, James D And Sherry Raisbeck Foundation has awarded 185 individual grants totaling $48,413,073. 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 |
|---|---|---|---|
Sherry L Raisbeck Trustee | 5 | $0 | |
Bill Grinstein Trustee | 1 | $6,150 | |
Eric Valpey Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $992,960 |
| Interest on Savings | $86,127 |
| Dividends & Interest | $213,924 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,482 |
| Capital Gain Net Income | $59,074 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,353,493 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,150 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $684 |
| Taxes | $22,519 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $141 |
| Total operating and administrative expenses | $146,734 |
| Contributions, gifts, grants paid | $5,384,812 |
| Total expenses and disbursements | $5,531,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,826 |
| Savings and temporary cash investments | $0 |
| 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 | $3,744,314 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $13,566 |
| Total assets | $9,500,025 |
| 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, James D And Sherry Raisbeck Foundation has awarded $5,384,812 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ARTSFUND PURPOSE: GENERAL OPERATING FUNDS - ARTS | $1,000 |
AMERICAN CIVIL LIBERTIES UNION PURPOSE: GENERAL OPERATING FUNDS - GENERAL | $2,000 |
CORNISH COLLEGE OF THE ARTS PURPOSE: GENERAL OPERATING FUNDS - EDUCATION IN THE ARTS | $1,245,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL OPERATING FUNDS - HEALTH | $1,000 |
EMBRY RIDDLE AERONAUTICAL UNIV PURPOSE: GENERAL OPERATING FUNDS - EDUCATION | $50,000 |
FRED HUTCHINSON CANCER RESEARCH CENTER PURPOSE: GENERAL OPERATING FUNDS - CANCER RESEARCH | $750,000 |