J Richard Raeder Foundation

Foundation · Grantmaker PENNINGTON, NJ EIN: 30-6582191

J Richard Raeder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 4 grants totaling $51K. Net investment income was $132K.

Key facts about J Richard Raeder Foundation

EIN
30-6582191
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$50,832
Grants made (2024)
4
Average grant
$12,708
Median grant
$9,531
Total assets
$1,299,304
Primary geography
Ohio (75% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who J Richard Raeder Foundation funds

By grant dollars, the top recipient states for J Richard Raeder Foundation's 4 itemized 2024 grants were Ohio (75%), New York (13%) and Florida (13%). 100% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+5.5% YoY

Annual Giving

$51K

-4.2% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$13K

-4.2% YoY

Under IRS private-foundation payout rules, J Richard Raeder Foundation reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.

About J Richard Raeder Foundation

Based on IRS filings

J Richard Raeder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 4 grants totaling $51K. Net investment income was $132K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 4 itemized 2024 grant dollars.

Cities

ClevelandFt Walton BchWoosterFort Walton BeachStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51K$101K$152K$203K201920202021202220232024
Metric202420232022
Total Assets$1,299,304$1,232,047$1,204,512
Revenue$140,882$100,027$41,084
Expenses$73,511$72,148$81,602
Qualifying Distributions$62,852$63,849$69,791
Net Investment Income$132,144$89,998$32,399
Distributable Amount$68,266$61,611$64,778

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$29K$44K$58K3 grants20194 grants20205 grants20215 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Lifecare Hospice$25KCase Western Reserve$13KStephen Siller Tunnel to…$6KSave Our Cats and Kitten…$6K

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Lifecare Hospice ($25,416), Case Western Reserve ($12,708), Stephen Siller Tunnel to Towers Foundati ($6,354).

RecipientPurposeAmount
LIFECARE HOSPICE WOOSTER, OHGENERAL OPERATING$25,416
CASE WESTERN RESERVE CLEVELAND, OHGENERAL OPERATING$12,708
STEPHEN SILLER TUNNEL TO TOWERS FOUNDATI STATEN ISLAND, NYGENERAL OPERATING$6,354
SAVE OUR CATS AND KITTENS INC FT WALTON BCH, FLGENERAL OPERATING$6,354

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICA N ATRUSTEE$20K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICA N ATRUSTEE2$19,700

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is J Richard Raeder Foundation?

J Richard Raeder Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $1.3M in total assets as of 2024.

How large is J Richard Raeder Foundation?

As of 2024, J Richard Raeder Foundation holds $1.3M in total assets with $141K in annual revenue. It awarded 4 grants totaling $51K in 2024.

Where does J Richard Raeder Foundation operate?

J Richard Raeder Foundation has awarded grants in Florida, New York, Ohio.

What size grants does J Richard Raeder Foundation award?

In 2024, J Richard Raeder Foundation awarded 4 grants totaling $51K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is J Richard Raeder Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, J Richard Raeder Foundation reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is J Richard Raeder Foundation's EIN?

J Richard Raeder Foundation's EIN (Employer Identification Number) is 30-6582191. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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