The Raskin Family Foundation
- Assets
- $463.5k
- Revenue
- $31.7k
- Investments
- $458.3k
- Employees
- 0
- Location
- Carlsbad, CA
- Founding
- 01/1988
- Data as of
- 12/2023
- EIN
- 95-4129953
Organization Overview
The Raskin Family Foundation is located in Carlsbad, CA. The organization was established in 1988. 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. Raskin Family 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, Raskin Family Foundation generated $31.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $32.2k during the year ending 12/2023. While expenses have increased by 0.1% per year over the past 9 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 2014, Raskin Family Foundation has awarded 260 individual grants totaling $246,075. 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 |
|---|---|---|---|
Gary M Raskin President | 4 | $0 | |
Laurie Shuman Vice President | 1 | $0 | |
Victoria R Raskin Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $127 |
| Dividends & Interest | $10,690 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,926 |
| Capital Gain Net Income | $20,926 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,743 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $121 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $8,226 |
| Contributions, gifts, grants paid | $24,000 |
| Total expenses and disbursements | $32,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,724 |
| Savings and temporary cash investments | $2,401 |
| 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 | $312,358 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $463,457 |
| 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, The Raskin Family Foundation has awarded $24,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE TRACK PURPOSE: TO SUPPORT STUDENTS FROM UNDERSERVED COMMUNITIES IN OBTAINING THIER COLLEGE DEGREES. | $500 |
GLASS ROOTS PURPOSE: TO SUPPORT THE CREATIVE & ECONOMIC VITALITY OF GREATER NEWARK. | $500 |
HILLTOP ARTISTS PURPOSE: TO SUPPORT GLASS ARTS PROGRAM THAT PROVIDES CLASSES AND INDIVIDUALIZED | $500 |
JEWISH FREE LOAN ASSOCIATION PURPOSE: TO SUPPORT THE ORGANIZATION IN OFFERING INTEREST-FREE LOANS TO INDIVIDUALS AND FAMILIES WHO MAY NOT QUALIFY FOR NORMAL LENDING. | $1,000 |
NEW VILLAGE ARTS PURPOSE: TO SUPPORT THE ORGANIZATION IN PROMOTING, PRODUCING, AND PERFORMING ART THROUGH THEATER. | $500 |
NORTH COUNTY FOOD BANK PURPOSE: TO SUPPORT THE ORGANIZATION IN PROVIDING DONATED AND PURCHASED FOOD, CLOTHING AND OTHER SUPPORT IN NORTH TILLAMOOK COUNTY. | $1,250 |