Raymond Foundation Inc
Raymond Foundation Inc is a private foundation based in Bloomington, Indiana. The foundation was established to honor Margaret and Patrick Raymond, who both passed away from colon cancer. The organization operates as a dedicated advocate for colon cancer education, outreach, and patient empowerment through meaningful collaborations with professional societies and advocacy organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-18.1% YoY
Annual Giving
$571K
-50.0% YoY
Grant Count
14
+40.0% YoY
Avg Grant Size
$41K
-64.3% YoY
Under IRS private-foundation payout rules, Raymond Foundation Inc reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Raymond Foundation's mission centers on preventing colon cancer and supporting those affected by the disease. The foundation is committed to tireless advocacy for colon cancer education, outreach, and patient empowerment. The organization emphasizes early detection and prevention strategies, working toward an end to colon cancer through medical advancement and public awareness.
Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
Grant Range
& Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily directs funding to organizations in:
- Indiana
- Kentucky
- District of Columbia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $1,944,619 |
| Total Giving | $570,967 |
(Based on most recent IRS Form 990 filing for 2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,944,619 | $2,374,049 | $3,401,829 |
| Revenue | $159,670 | $132,386 | $2,332,648 |
| Expenses | $589,156 | $1,160,166 | $838,260 |
| Qualifying Distributions | $575,758 | $1,145,953 | $786,055 |
| Net Investment Income | $146,272 | $105,755 | $216,001 |
| Distributable Amount | $117,831 | $139,503 | $177,341 |
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 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Indiana University ($119,467), Wonderlab Museum of Science Health and Technology ($100,000), Carbon Neutral Indiana ($57,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS WASHINGTON, DC | HURRICANE DISASTER RELIEF | $30,000 |
| BLOOMINGTON COMMUNITY RADIO DBA WFHB BLOOMINGTON, IN | EDUCATIONAL PROGRAMS | $50,000 |
| CARBON NEUTRAL INDIANA INDIANAPOLIS, IN | EDUCATIONAL PROGRAMS | $57,000 |
| CITY OF BLOOMINGTON PARKS AND REC BLOOMINGTON, IN | PARKS & REC - EDUCATIONAL PROGRAMS | $15,000 |
| COMMUNITY FOUNDATION OF BLOOMINGTON AND MONROE COUNTY INC BLOOMINGTON, IN | ENDOWMENTS | $50,000 |
| FRIENDS OF LAKE MONROE BLOOMINGTON, IN | EDUCATIONAL PROGRAMS | $9,000 |
| INDIANA UNIVERSITY BLOOMINGTON, IN | EDUCATIONAL PROGRAMS | $119,467 |
| LOTUS EDUCATION AND ARTS FOUNDATION BLOOMINGTON, IN | LOTUS EDUCATIONAL PROGRAMS | $15,000 |
| MIDWAY UNIVERSITY MIDWAY, KY | EDUCATIONAL PROGRAMS - SCHOLARSHIPS | $40,000 |
| PURDUE UNIVERSITY WEST LAFAYETTE, IN | EDUCATIONAL PROGRAMS | $37,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL O CAIN | SECRETARY/TREASURER - DIRECTOR | 1 | — |
| LINDA A RAYMOND | PRESIDENT - DIRECTOR | 1 | — |
| R SCOTT WALTERS | VICE PRESIDENT - DIRECTOR | 1 | — |
Frequently Asked Questions
What does Raymond Foundation Inc fund?
The Raymond Foundation's mission centers on preventing colon cancer and supporting those affected by the disease. The foundation is committed to tireless advocacy for colon cancer education, outreach, and patient empowerment. The organization emphasizes early detection and prevention strategies, working toward an end to colon cancer through medical advancement and public awareness. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Raymond Foundation Inc?
**Grant Size & Activity:** • Total giving: $570,967 (based on most recent IRS 990 filing for 2024) • Typical award range: $400–$500,000 • Total assets: $1,944,619
Where does Raymond Foundation Inc make grants?
The foundation primarily directs funding to organizations in: • Indiana • Kentucky • District of Columbia
What size grants does Raymond Foundation Inc award?
In 2024, Raymond Foundation Inc awarded 14 grants totaling $571K — an average of about $41K per grant, based on its IRS Form 990 filings.
How much is Raymond Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Raymond Foundation Inc reported a distributable amount of $118K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raymond Foundation Inc's EIN?
Raymond Foundation Inc's EIN (Employer Identification Number) is 61-1229966. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Raymond Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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