Mitchell & Kathy Racoosin Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 32 grants totaling $210K. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+171.8% YoY
Annual Giving
$210K
+29.8% YoY
Grant Count
32
+6.7% YoY
Avg Grant Size
$7K
+21.7% YoY
Under IRS private-foundation payout rules, Mitchell & Kathy Racoosin Family reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.
About Mitchell & Kathy Racoosin Family
Based on IRS filings
Mitchell & Kathy Racoosin Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 32 grants totaling $210K. Net investment income was $22K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,103,267 | $405,896 | $498,860 |
| Revenue | $920,843 | $50,210 | $12,508 |
| Expenses | $223,235 | $172,914 | $243,382 |
| Qualifying Distributions | $212,725 | $164,500 | $222,500 |
| Net Investment Income | $21,596 | $42,502 | — |
| Distributable Amount | $27,466 | $30,407 | $42,532 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
173 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Environmental Defense Inc ($30,000), Severn Riverkeeper ($20,000), Chesapeake Bay Foundation ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BILLION OYSTER PROJECT NEW YORK, NY | GENERAL OPERATING SUPPORT | $2,000 |
| BREAKTHROUGH FOR T1D NEW YORK, NY | GENERAL OPERATING SUPPORT | $2,500 |
| CENTER FOR BIOLOGICAL DIVERSITY TUCSON, AZ | GENERAL OPERATING SUPPORT | $5,000 |
| CHESAPEAKE BAY FOUNDATION ANNAPOLIS, MD | GENERAL OPERATING SUPPORT | $15,000 |
| CLIMATE SCIENCE LEGAL DEFENSE FUND NEW YORK, NY | GENERAL OPERATING SUPPORT | $5,000 |
| COOL EARTH BROOKLYN, NY | GENERAL OPERATING SUPPORT | $7,725 |
| EARTH JUSTICE SAN FRANCISCO, CA | GENERAL OPERATING SUPPORT | $10,000 |
| ENVIRONMENT MARYLAND RESEARCH & POLICY CTR BALTIMORE, MD | GENERAL OPERATING SUPPORT | $1,000 |
| ENVIRONMENTAL DEFENSE INC WASHINGTON, DC | GENERAL OPERATING SUPPORT | $30,000 |
| FRIENDS OF THE EARTH WASHINGTON, DC | GENERAL OPERATING SUPPORT | $3,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MITCHELL J RACOOSIN | TRUSTEE | 1 | — |
| KATHY J RACOOSIN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mitchell & Kathy Racoosin Family?
Mitchell & Kathy Racoosin Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. It holds $1.1M in total assets as of 2024.
How large is Mitchell & Kathy Racoosin Family?
As of 2024, Mitchell & Kathy Racoosin Family holds $1.1M in total assets with $921K in annual revenue. It awarded 32 grants totaling $210K in 2024.
Where does Mitchell & Kathy Racoosin Family operate?
Mitchell & Kathy Racoosin Family has awarded grants in Alaska, Arizona, California, Colorado, District of Columbia, Florida, Louisiana, Massachusetts, Maryland, New York, Ohio, Tennessee, Texas, Virginia, West Virginia.
What size grants does Mitchell & Kathy Racoosin Family award?
In 2024, Mitchell & Kathy Racoosin Family awarded 32 grants totaling $210K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Mitchell & Kathy Racoosin Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mitchell & Kathy Racoosin Family reported a distributable amount of $27K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mitchell & Kathy Racoosin Family's EIN?
Mitchell & Kathy Racoosin Family's EIN (Employer Identification Number) is 52-7055720. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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