Raymond & Lorraine Letourneau
Raymond & Lorraine Letourneau is a private foundation, based in PORTSMOUTH, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $196K in total assets. In 2024, it awarded 6 grants totaling $19K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$196K
-6.5% YoY
Annual Giving
$19K
-0.9% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$3K
-0.9% YoY
Under IRS private-foundation payout rules, Raymond & Lorraine Letourneau reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About Raymond & Lorraine Letourneau
Based on IRS filings
Raymond & Lorraine Letourneau is a private foundation, based in PORTSMOUTH, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $196K in total assets. In 2024, it awarded 6 grants totaling $19K. Net investment income was $9K.
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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 | $195,561 | $209,262 | $224,532 |
| Revenue | $6,308 | $5,111 | $9,204 |
| Expenses | $20,009 | $20,149 | $20,184 |
| Qualifying Distributions | $18,748 | $18,924 | $18,963 |
| Net Investment Income | $8,586 | $8,570 | $7,985 |
| Distributable Amount | $21,944 | $18,749 | $18,923 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kong Kyaw Say ($3,125), Jane Sitek Shaver ($3,125), Divine Zabili ($3,125).
| Recipient | Purpose | Amount |
|---|---|---|
| KONG KYAW SAY BURLINGTON, VT | SCHOLARSHIP | $3,125 |
| JANE SITEK SHAVER BURLINGTON, VT | SCHOLARSHIP | $3,125 |
| DIVINE ZABILI ESSEX JUNCTION, VT | SCHOLARSHIP | $3,125 |
| ALEXIS LLANOS BURLINGTON, VT | SCHOLARSHIP | $3,125 |
| LILY TAYLOR BURLINGTON, VT | SCHOLARSHIP | $3,124 |
| CARY BOND-BARDES SOUTH BURLINGTON, VT | SCHOLARSHIP | $3,124 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DALE LETOURNEAU | PRESIDENT | 0.1 | — |
| DENA WAGER | TREASURER/ SECRETARY | 0.5 | — |
Frequently Asked Questions
How large is Raymond & Lorraine Letourneau?
As of 2024, Raymond & Lorraine Letourneau holds $196K in total assets with $6K in annual revenue. It awarded 6 grants totaling $19K in 2024.
Where does Raymond & Lorraine Letourneau operate?
Raymond & Lorraine Letourneau has awarded grants in Vermont.
What size grants does Raymond & Lorraine Letourneau award?
In 2024, Raymond & Lorraine Letourneau awarded 6 grants totaling $19K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Raymond & Lorraine Letourneau required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Raymond & Lorraine Letourneau reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raymond & Lorraine Letourneau's EIN?
Raymond & Lorraine Letourneau's EIN (Employer Identification Number) is 03-0277007. 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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