Raines Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42K
-2.5% YoY
Annual Giving
$2K
-6.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1K
-6.5% YoY
Under IRS private-foundation payout rules, Raines Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Raines Foundation
Based on IRS filings
Raines Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $2K.
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 | $41,797 | $42,889 | $43,788 |
| Revenue | $1,702 | $1,405 | $290 |
| Expenses | $2,794 | $2,304 | $2,305 |
| Qualifying Distributions | $2,150 | $2,300 | $2,300 |
| Net Investment Income | $1,702 | $1,405 | $290 |
| Distributable Amount | $2,072 | $2,133 | $2,219 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Blessed Sacrament Catholic Church ($1,650), The LDS Church ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| Blessed Sacrament Catholic Church Sandy, UT | Religious education and facility maintenance | $1,650 |
| The LDS Church Sandy, UT | Religious education and facility maintenance | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Christine A Raines | TTEE Pres | 1 | — |
| William M Raines | TTEE VP | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raines Foundation?
Raines Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANDY, UT. It holds $42K in total assets as of 2024.
How large is Raines Foundation?
As of 2024, Raines Foundation holds $42K in total assets with $2K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Raines Foundation operate?
Raines Foundation has awarded grants in Utah.
What size grants does Raines Foundation award?
In 2024, Raines Foundation awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Raines Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Raines Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raines Foundation's EIN?
Raines Foundation's EIN (Employer Identification Number) is 87-0685648. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Raines Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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