Raft Charitable Foundation

SIOUX FALLS, SD EIN: 37-6439235

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$22.6M

+6.2% YoY

Annual Giving

$1.6M

+0.0% YoY

Grant Count

32

+0.0% YoY

Avg Grant Size

$48K

+0.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$851K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$22,618,100$21,301,036$21,662,815
Revenue$3,096,141$1,371,379$1,321,493
Expenses$1,774,511$1,729,426$1,776,463
Qualifying Distributions$1,660,162$1,647,056$1,686,196
Net Investment Income$3,020,323$1,304,409$1,251,831
Distributable Amount$1,780,136$1,589,923$1,614,910

Giving Over Time

Total grant dollars and number of grants per year

$0$396K$793K$1M$2M28 grants202027 grants202130 grants202232 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HAMLINE UNIVERSITY OF MI…$260KMINNESOTA TEEN CHALLENGE…$230KTHE SALVATION ARMY$100KMANY RIVERS MONTESSORI$100KAMERICAN RED CROSS$100KFIRST UNITED METHODIST C…$50KUNITED FUND OF CUMBERLAN…$50KSCIENCE MUSEUM OF MINNES…$50KMINNESOTA HISTORICAL SOC…$50KMINNESOTA PUBLIC RADIO$50K

Grant Size Distribution

149 grants across all recorded years

104<$50K22$50–100K18$100–250K5$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Raft Charitable Foundation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DORSEY WHITNEY TRUST…TRUSTEE$184K

From 2024 filing

NameTitleHoursCompensation
DORSEY WHITNEY TRUST COMPANY LLCTRUSTEE3$183,562
FAYE L YOUNGRENTRUSTEE1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

4states

Cities

Columbia HeightsCumberlandDuluthLittle RockMinneapolisRosevilleShoreviewSt PaulWashingtonWoodbury

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

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