Raymond Family Foundation Trust Indenture Agreement
- Assets
- $29.5m
- Revenue
- $1.6m
- Investments
- $29.0m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 11/1997
- Data as of
- 12/2022
- 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 12/2022, Raymond Family Foundation Trust Indenture Agreement generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Raymond Family Foundation Trust Indenture Agreement has awarded 760 individual grants totaling $10,758,168. 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 | 40 | $36,000 | |
Robert Raymond Director | 1 | $0 | |
William Kerrigan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,400 |
| Interest on Savings | $434 |
| Dividends & Interest | $797,280 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $677,888 |
| Capital Gain Net Income | $677,888 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $95,722 |
| Total Revenue | $1,573,724 |
| 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 | $29,627 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,244 |
| Total operating and administrative expenses | $380,260 |
| Contributions, gifts, grants paid | $2,000,000 |
| Total expenses and disbursements | $2,380,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $490,301 |
| 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 | $1,055,672 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,505,421 |
| 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 $2,000,000 in support to 108 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS INC PURPOSE: TO EMPOWER AND SERVE PEOPLE IN NEED OF SPECIALIZED SUPPORT | $5,000 |
ADOPT-A-NATIVE-ELDER PROGRA PURPOSE: TO CREATE A BRIDGE OF HOPE BETWEEN NATIVE AMERICANS AND OTHER CULTURES | $5,000 |
ADDICTION RECOVERY CENTER PURPOSE: TO PROVIDE THE OPPORTUNITY FOR INDIVIDUALS AND THEIR FAMILIES TO CHOOSE A HEALTHIER WAY OF LIFE | $5,000 |
ALEX HONNOLD FOUNDATION PURPOSE: TO REDUCE ENVIRONMENTAL IMPACT AND ADDRESS INEQUALITY BY SUPPORTING SOLAR ENERGY INITIATIVES WORLDWIDE. | $25,000 |
ALL SAINTS SCHOOL PURPOSE: TO CULTIVATE A UNIFIED FAITH-CENTERED COMMUNITY AND, IN PARTNERSHIP WITH PARENTS, PREPARE STUDENTS TO BE LIFE-LONG LEARNERS WHO ARE RESPONSIBLE CITIZENS COMMITTED TO THE VALUES OF CHRIST | $35,000 |
APPALSHOP PURPOSE: TO ENLIST THE POWER OF EDUCATION, MEDIA, THEATER, MUSIC, AND OTHER ARTS TO DOCUMENT, DISSEMINATE, AND REVITALIZE THE LASTING TRADITIONS AND CONTEMPORARY CREATIVITY OF APPALACHIA. | $5,000 |