James D and Sherry Raisbeck
James D and Sherry Raisbeck is a private foundation based in Seattle, Washington. In 2024, it reported 15 grants totaling $3,127,469, with grants supporting organizations in the arts and education as well as health and other general purposes.
James D and Sherry Raisbeck at a glance
In short: James D and Sherry Raisbeck gave $3.1M across 15 grants in 2024 (avg $208K), mostly in Washington. 33% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,127,469
- -41.9% vs 2023
- Grants made (2024)
- 15
- -42.3% vs 2023
- Average grant
- $208,498
- +0.7% vs 2023
- Median grant
- $50,000
- Total assets
- $6,924,810
- -27.1% vs 2023
- New grantees (estimate)
- 33% first-time grantees (5 of 15, 2024; small sample)
- Primary geography
- Washington (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to James D and Sherry Raisbeck
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 7536 Seward Park Avenue South, Seattle, WA 98118
Phone: (206) 715-4137
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who James D and Sherry Raisbeck funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Cornish College of the Arts ($1.2M). Together the top 10 received $3.1M.
Grant Size Distribution
97 grants across all recorded years
The most common grant size was under $50K: 41 grants of 97 (42%).
Geographic Focus
Where this funder awards grants
All grant dollars in 2024 went to recipients in Washington state. The listed recipients include organizations in Seattle and other Washington communities.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Is James D and Sherry Raisbeck open to new grantees?
33%
first-time grantees, 2024
In 2024, 5 of 15 grantees (33%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $21K; repeat grants $302K. How we count
Medians: $20K first-time, $64K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving fell 71% from 2021 to 2024. Method
- In 2024 it paid out 694% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3.1M (2024) to $10.6M (2021). In 2024 it made 15 grants totaling $3.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cornish College of the Arts Seattle, WA | General Operating Funds - Education in the Arts | $1,215,000 |
| University of Washington Seattle, WA | General Operating Funds - Education | $1,000,000 |
| Seattle Symphony Seattle, WA | General Operating Funds - the Arts | $472,669 |
| Pacific Northwest Ballet Seattle, WA | General Operating Funds - the Arts | $100,000 |
| Music of Remembrance Seattle, WA | General Operating Funds - the Arts | $67,500 |
| Seattle Opera Seattle, WA | General Operating Funds - the Arts | $60,000 |
| Friends of Seattle Waterfront Seattle, WA | General Operating Funds - General | $55,000 |
| Spectrum Dance Theater Seattle, WA | General Operating Funds - the Arts | $50,000 |
| Medic One Foundation Bellevue, WA | General Operating Funds - Health | $41,300 |
| Glacier Peak Institute Darrington, WA | General Operating Funds - General | $20,000 |
Ready to take the next step with James D and Sherry Raisbeck?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,924,810 | $666,188 | $3,241,403 | $3,127,469 | 15 | $3,182,100 | $451,545 | $458,196 |
| 2023 | $9,500,025 | $1,353,493 | $5,531,546 | $5,384,812 | 26 | $5,447,332 | $261,424 | $566,466 |
| 2022 | $13,678,078 | $10,217,909 | $11,049,824 | $10,516,732 | 23 | $10,598,470 | $10,121,789 | $701,770 |
| 2021 | $19,522,688 | $18,818,250 | $10,714,155 | $10,632,500 | 16 | $10,676,808 | $18,795,903 | $1,175,209 |
| 2020 | $8,112,635 | $981,496 | $6,992,408 | $6,936,087 | 17 | — | $798,004 | $1,302,076 |
Under IRS private-foundation payout rules, James D and Sherry Raisbeck reported a distributable amount of $458K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included general operating support for arts and arts education organizations, an educational institution, a health organization, and organizations classified under general purposes.
The grantees describe a range of work. Music of Remembrance says it uses music to address human rights and social justice; Seattle Opera says it aims to thrill, inspire, and educate through opera; and Spectrum Dance Theater describes its work as presenting contemporary dance, providing dance instruction, and educating the community about dance. Glacier Peak Institute says it empowers youth through action-based education focused on rural communities and healthy ecosystems.
Grantmaking
In 2024, the foundation made 15 grants totaling $3,127,469. Grant amounts ranged from $1,000 to $1,215,000, with a median grant of $50,000. Its largest reported grants were $1,215,000 to Cornish College of the Arts for general operating funds in education in the arts, $1,000,000 to the University of Washington for general operating funds in education, and $472,669 to Seattle Symphony for general operating funds in the arts. Other grants included $100,000 to Pacific Northwest Ballet, $67,500 to Music of Remembrance, and $60,000 to Seattle Opera.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Sherry L Raisbeck, Bill Grinstein, and Eric Valpey as trustees.
James D and Sherry Raisbeck's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Bill Grinstein
Trustee
On filings since 2020
1 hr/week
$2K (2020) → $8K (2024)
Sherry L. Raisbeck
Trustee
On filings since 2020
5 hrs/week
No compensation reported
Eric Valpey
Trustee
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: James D. Raisbeck (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $8K, to Bill Grinstein (Trustee).
Frequently asked questions about James D and Sherry Raisbeck
How much does James D and Sherry Raisbeck give each year?
James D and Sherry Raisbeck gave $3.1M across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.4M across 26 grants.
What is James D and Sherry Raisbeck's typical grant size?
James D and Sherry Raisbeck's median grant in 2024 was $50,000, and its average grant was $208,498, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from James D and Sherry Raisbeck that year got $21K on average.
Where does James D and Sherry Raisbeck give grants?
James D and Sherry Raisbeck gives mostly in Washington: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Seattle, WA (13 grants).
Does James D and Sherry Raisbeck give general operating support?
Yes: 100% of James D and Sherry Raisbeck's 2024 grants with a stated purpose (15 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are James D and Sherry Raisbeck's largest grantees?
James D and Sherry Raisbeck's largest 2024 grantees include Cornish College of the Arts ($1,215,000), University of Washington ($1,000,000) and Seattle Symphony ($472,669), according to its 2024 IRS Form 990-PF. Together they received 86% of its itemized 2024 grant dollars.
How large is James D and Sherry Raisbeck?
James D and Sherry Raisbeck reported $6.9M in total assets on its 2024 IRS Form 990-PF. It paid out $3.2M in qualifying distributions that year, against a required minimum of $458K (roughly 5% of its investment assets).
What does James D and Sherry Raisbeck fund?
No mission statement for the foundation is provided. Its 2024 grants included general operating support for arts and arts education organizations, an educational institution, a health organization, and organizations classified under general purposes. See mission & focus areas ↑
How do I apply for a grant from James D and Sherry Raisbeck?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is James D and Sherry Raisbeck's EIN?
James D and Sherry Raisbeck's EIN (Employer Identification Number) is 91-6478077. IRS Form 990 filing data is available on this page for 2020–2024.
Does James D and Sherry Raisbeck accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). James D and Sherry Raisbeck funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/james-d-and-sherry-raisbeck-morg_82b3208fc2e04450a06bd233c86ba932
BibTeX
@misc{grantable_916478077_2026,
author = {{Grantable}},
title = {{James D and Sherry Raisbeck funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/james-d-and-sherry-raisbeck-morg_82b3208fc2e04450a06bd233c86ba932},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from James D and Sherry Raisbeck's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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