Raffib Education Foundation is a private foundation focused on Education, based in COLORADO SPRINGS, CO. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $114K in total assets. In 2025, it awarded 8 grants totaling $92K. Net investment income was $19K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$114K
-39.5% YoY
Annual Giving
$92K
-36.8% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$12K
-84.2% YoY
Under IRS private-foundation payout rules, Raffib Education Foundation reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
About Raffib Education Foundation
Based on IRS filings
Raffib Education Foundation is a private foundation focused on Education, based in COLORADO SPRINGS, CO. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $114K in total assets. In 2025, it awarded 8 grants totaling $92K. Net investment income was $19K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $114,096 | $188,484 | $301,711 |
| Revenue | $21,410 | $106,847 | $93,986 |
| Expenses | $95,798 | $149,829 | $48,804 |
| Qualifying Distributions | $93,850 | $148,339 | $46,065 |
| Net Investment Income | $18,909 | $7,030 | — |
| Distributable Amount | $10,409 | $14,141 | $12,045 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Bellus Academy ($24,000), Concorde Career College ($15,000), Elite Truck School ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BELLUS ACADEMY POWAY, CA | CHARITABLE SUPPORT | $24,000 |
| CAL POLY POMONA POMONA, CA | CHARITABLE SUPPORT | $10,000 |
| AVEDA INSTITUTE PORTLAND PORTLAND, OR | CHARITABLE SUPPORT | $6,000 |
| CONCORDE CAREER COLLEGE OVERLAND PARK, KS | CHARITABLE SUPPORT | $15,000 |
| ELITE TRUCK SCHOOL HILLSBORO, OR | CHARITABLE SUPPORT | $12,000 |
| PORTLAND COMMUNITY COLLEGE PORTLAND, OR | CHARITABLE SUPPORT | $5,000 |
| TANYA'S BEAUTY SCHOOL BEAVERTON, OR | CHARITABLE SUPPORT | $10,000 |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA OAKLAND, CA | CHARITABLE SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM J BIFFAR | PRESIDENT/CEO | 3 | — |
| JOYCE S BIFFAR | SECRETARY/CFO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raffib Education Foundation?
Raffib Education Foundation is a private foundation focused on Education, based in COLORADO SPRINGS, CO. It holds $114K in total assets as of 2025.
How large is Raffib Education Foundation?
As of 2025, Raffib Education Foundation holds $114K in total assets with $21K in annual revenue. It awarded 8 grants totaling $92K in 2025.
Where does Raffib Education Foundation operate?
Raffib Education Foundation has awarded grants in California, Kansas, Nevada, Oregon.
What size grants does Raffib Education Foundation award?
In 2025, Raffib Education Foundation awarded 8 grants totaling $92K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Raffib Education Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Raffib Education Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raffib Education Foundation's EIN?
Raffib Education Foundation's EIN (Employer Identification Number) is 82-1693140. IRS Form 990 filing data is available on this page for 2023–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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