Nicholas & Christina Raho Foundationinc

RYE, NY EIN: 13-3049641

The Nicholas & Christina Raho Foundation Inc. is a private foundation based in Rye, New York. The foundation was established by Nicholas Constantine Raho, a businessman who founded Legion Chemicals, which became White Cross Laboratories, Inc., an international chemical and pharmaceutical trading company. The foundation carries the names of Nicholas and his wife, Christina Marie Cutolo, whom he married in 1949.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.4M

+14.8% YoY

Annual Giving

$213K

-6.1% YoY

Grant Count

+16.0% YoY

Avg Grant Size

$7K

-19.1% YoY

Under IRS private-foundation payout rules, Nicholas & Christina Raho Foundationinc reported a distributable amount of $244K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grant-making priorities include:

Education
Philanthropy, Voluntarism & Grantmaking
Human Services
Environmental Education
Science Education
Community and School Gardens
Food Banks & Pantries
Heart & Circulatory System Diseases & Disorders

Grantmaking

The foundation primarily funds organizations in New York, Rhode Island, and Connecticut.

Grant Range

s & Activity:**

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $870K (75%)

Rhode Island $271K (23%)

Connecticut $7K (1%)

Massachusetts $3K (0%)

District of Columbia $2K (0%)

Florida $1K (0%)

Illinois $500 (0%)

Pennsylvania $250 (0%)

+1 more states

States

Connecticut District of Columbia Florida Illinois Massachusetts New York Pennsylvania Rhode Island Wisconsin

Cities

BronxBurlingtonDarienGarrisonGreenwichMedfieldMiamiMount VernonMt VernonNew YorkPittsburghPort ChesterPortsmouthProvidencePurchaseRoxburyRyeWashingtonWesterlyYonkers

Financial History

Multi-year comparison from IRS filings

Total Assets: $4,422,645
Total Giving: $212,587

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$4,422,645	$3,851,341	$3,822,762
Revenue	$791,036	$268,788	$278,374
Expenses	$222,776	$237,298	$198,342
Qualifying Distributions	$215,852	$229,995	$190,665
Net Investment Income	$787,805	$265,713	$275,360
Distributable Amount	$244,427	$229,501	$214,823

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 2025

Grant Size Distribution

128 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Friends of Rye Nature Center ($62,500), Inner-city Scholarship Fund ($50,000), Champions for Quality Education ($25,000).

Recipient	Purpose	Amount
BASILICA OF THE NATIONAL SHRINE IMMACULATE CONCEPTION WASHINGTON, DC	GENERAL SUPPORT	$500
BROWN UNIVERSITY PROVIDENCE, RI	GENERAL SUPPORT	$1,000
CANCER SUPPORT TEAM PURCHASE, NY	GENERAL SUPPORT	$2,000
CATHOLIC NEAR EAST WELFARE ASSOCIATION CNEWA NEW YORK, NY	GENERAL SUPPORT	$2,500
CHAMPIONS FOR QUALITY EDUCATION NEW YORK, NY	GENERAL SUPPORT	$25,000
CONVENT OF THE SACRED HEART GREENWICH, CT	GENERAL SUPPORT	$1,000
FRANCISCAN FRIARS OF THE ATONEMENT GARRISON, NY	GENERAL SUPPORT	$100
FRANCISCAN MISSION ASSOCIATES MOUNT VERNON, NY	GENERAL SUPPORT	$100
FRIENDS OF RYE NATURE CENTER RYE, NY	GENERAL SUPPORT	$62,500
HELPING HANDS FOUNDATION MEDFIELD, MA	GENERAL SUPPORT	$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

Nicholas Constantine Raho (November 25, 1920 – April 6, 2013) founded the foundation. Born in New York City, he was the oldest of three sons of immigrant parents. He attended Townsend Harris Hall and graduated from City College of New York (CCNY). In addition to his business ventures, Raho maintained residences in Rye, New York and Watch Hill, Rhode Island.

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
MARY RAHO JULIAN	PRESIDENT	1	—
THOMAS J JULIAN	TREASURER	1	—

Recent News & Activity

Recent developments and announcements

The foundation continues to support organizations across its priority areas, including recent grants to nonprofits serving homeless and hungry populations in the region.

Nicotra Foundation awards $417K in grants to Staten Island community, plans

Frequently Asked Questions

What does Nicholas & Christina Raho Foundationinc fund?

The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Environmental Education • Science Education • Community and School Gardens • Food Banks & Pantries • Heart & Circulatory System Diseases & Disorders

How do I apply for a grant from Nicholas & Christina Raho Foundationinc?

**Grant Sizes & Activity:** • Total annual giving: $212,587 • Typical award range: $100–$62,500 • The foundation has made grants including $2,000 to Helping Hands for the Homeless and Hungry for general support **Geographic Focus:** The foundation primarily funds organizations in New York, Rhode Island, and Connecticut.

What size grants does Nicholas & Christina Raho Foundationinc award?

In 2025, Nicholas & Christina Raho Foundationinc awarded 29 grants totaling $213K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Nicholas & Christina Raho Foundationinc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Nicholas & Christina Raho Foundationinc reported a distributable amount of $244K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nicholas & Christina Raho Foundationinc's EIN?

Nicholas & Christina Raho Foundationinc's EIN (Employer Identification Number) is 13-3049641. IRS Form 990 filing data is available on this page for 2021–2025.