Bill Raskob Foundation Inc

CROWNSVILLE, MD EIN: 51-0110185

Bill Raskob Foundation Inc is a private foundation, based in CROWNSVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 1 grants totaling $181K. Net investment income was $211K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

+6.9% YoY

Annual Giving

$181K

-29.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$181K

-29.9% YoY

Under IRS private-foundation payout rules, Bill Raskob Foundation Inc reported a distributable amount of $242K for 2024 — the minimum it must pay out in qualifying distributions.

About Bill Raskob Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $767K (65%)

Maryland $408K (35%)

States

Maryland Minnesota

Cities

Crownsville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,780,816	$6,340,851	$5,932,140
Revenue	$251,636	$196,396	$241,999
Expenses	$443,266	$483,871	$547,900
Qualifying Distributions	$398,710	$436,097	$503,385
Net Investment Income	$210,609	$150,917	$200,628
Distributable Amount	$241,882	$404,398	$415,283

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Current Year Student Loans ($180,750).

Recipient	Purpose	Amount
CURRENT YEAR STUDENT LOANS CROWNSVILLE, MN	STUDENT LOANS	$180,750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THEODORE H BREMEKAMP III	PRESIDENT	5	—
NICHOLAS BREMER	DIRECTOR	5	—
TRISTA USSERY	DIRECTOR	5	—
THOMAS GEUTING	DIRECTOR	5	—
PATRICK MCGRORY	DIRECTOR	5	—
MICHAEL DUFFY	TREASURER	5	—
TIMOTHY RASKOB	DIRECTOR	5	—
GREGORY WOODWARD	DIRECTOR	5	—
EDWARD ROBINSON	DIRECTOR	5	—
EDWARD H ROBINSON	SECRETARY	5	$108,467
NOELLE M FRACYON	VICE PRESIDENT	5	—
KATHLEEN D SMITH ESQ	DIRECTOR	5	—

Frequently Asked Questions

How large is Bill Raskob Foundation Inc?

As of 2024, Bill Raskob Foundation Inc holds $6.8M in total assets with $252K in annual revenue. It awarded 1 grants totaling $181K in 2024.

Where does Bill Raskob Foundation Inc operate?

Bill Raskob Foundation Inc has awarded grants in Maryland, Minnesota.

What size grants does Bill Raskob Foundation Inc award?

In 2024, Bill Raskob Foundation Inc awarded 1 grants totaling $181K — an average of about $181K per grant, based on its IRS Form 990 filings.

How much is Bill Raskob Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bill Raskob Foundation Inc reported a distributable amount of $242K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.