Raven Trust Fund
- Assets
- $51.7m
- Revenue
- $6.1m
- Investments
- $47.1m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 03/1998
- Data as of
- 12/2020
- EIN
- 91-1816037
Organization Overview
Raven Trust Fund is located in Seattle, WA. The organization was established in 1998. 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. Raven Trust Fund 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 12/2020, Raven Trust Fund generated $6.1m in total revenue. All expenses for the organization totaled $2.6m during the year ending 12/2020. While expenses have increased by 10.1% 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 2016, Raven Trust Fund has awarded 156 individual grants totaling $10,299,680. 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 |
|---|---|---|---|
Tom A Alberg President/treasurer | 5 | $0 | |
Judith Beck Vp/secretary/trustee | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $518,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,609,024 |
| Capital Gain Net Income | $5,609,024 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$72,436 |
| Total Revenue | $6,054,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $162,695 |
| Total operating and administrative expenses | $315,580 |
| Contributions, gifts, grants paid | $2,252,750 |
| Total expenses and disbursements | $2,568,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,697,055 |
| Savings and temporary cash investments | $2,677,822 |
| 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 | $26,693,861 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $201,134 |
| Total assets | $51,655,494 |
| 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, Raven Trust Fund has awarded $2,219,275 in support to 74 organizations.
| Grant Recipient | Amount |
|---|---|
Carnation, WA PURPOSE: GENERAL SUPPORT | $1,650,000 |
Seattle, WA PURPOSE: GENERAL SUPPORT FOR ALL PUBLIC CHARITIES | $105,000 |
Seattle, WA PURPOSE: GENERAL SUPPORT FOR ALL PUBLIC CHARITIES | $51,000 |
Seattle, WA PURPOSE: GENERAL SUPPORT FOR ALL PUBLIC CHARITIES | $40,000 |
Bothell, WA PURPOSE: GENERAL SUPPORT FOR ALL PUBLIC CHARITIES | $25,250 |
WOODLAND PARK ZOO PURPOSE: GENERAL SUPPORT FOR ALL PUBLIC CHARITIES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |
Fairview Foundation Seattle, WA | $22,161,652 | $15,221,518 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR | $376,773,592 | $260,472,613 |
James D And Sherry Raisbeck Foundation Seattle, WA | $19,522,688 | $18,818,250 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |