Thomas P Raley Foundation
- Assets
- $2.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Granite Bay, CA
- Founding
- 08/1995
- Data as of
- 12/2023
- EIN
- 68-0358149
Organization Overview
Thomas P Raley Foundation is located in Granite Bay, CA. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Thomas P Raley 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, Thomas P Raley Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 25.1% per year over the past 8 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 2016, Thomas P Raley Foundation has awarded 92 individual grants totaling $8,829,975. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Teel Chairman | 0 | $0 | |
Elizabeth Bowers Treasurer/secretary | 0 | $0 | |
Claudia Doerhoff President | 0 | $0 | |
Diane Perry Director | 0 | $0 | |
Julie Teel Director | 0 | $0 | |
Lisa Teel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,383 |
| Dividends & Interest | $108,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $957,783 |
| Capital Gain Net Income | $957,783 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,067,735 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,177 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,307 |
| Total operating and administrative expenses | $53,484 |
| Contributions, gifts, grants paid | $2,566,000 |
| Total expenses and disbursements | $2,619,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,845,449 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,845,449 |
| 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, Thomas P Raley Foundation has awarded $2,566,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
JOSHUA'S HOUSE (HCRI) PURPOSE: FURTHER TAX EXEMPT PURPOSE | $100,000 |
BROADWAY SACRAMENTO PURPOSE: FURTHER TAX EXEMPT PURPOSE | $10,000 |
DOUGLAS COUNTY BACKPACK BUDDIES PURPOSE: FURTHER TAX EXEMPT PURPOSE | $5,000 |
OPERATION WARM PURPOSE: FURTHER TAX EXEMPT PURPOSE | $15,000 |
HABITAT FOR HUMANITY PURPOSE: FURTHER TAX EXEMPT PURPOSE | $25,000 |
ROOM REDUX SACRAMENTO PURPOSE: FURTHER TAX EXEMPT PURPOSE | $20,000 |