Raymond Foundation

GREENE, NY EIN: 16-6047847 Website

The Raymond Foundation is a corporate foundation based in Greene, New York, established in 1964. It operates as a company-sponsored foundation with the primary mission of supporting nonprofit organizations in communities where the Raymond Corporation operates.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.7M

+9.3% YoY

Annual Giving

$371K

+17.7% YoY

Grant Count

103

+7.3% YoY

Avg Grant Size

$4K

+9.7% YoY

Under IRS private-foundation payout rules, Raymond Foundation reported a distributable amount of $366K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Raymond Foundation supports nonprofit organizations through various types of support including scholarships, sponsorships, and project support. The foundation's areas of interest include:

Education
Human services
Health
Children and youth
Community development, including fire departments
Sports
Animal welfare
Arts and culture

Grantmaking

The foundation made 96 grants in 2024. Typical grant awards range from $50,000 to $150,000. Recent notable grants include:

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Geographic Focus

Where this funder awards grants

The Raymond Foundation primarily funds nonprofit organizations in communities where the Raymond Corporation operates, including:

Lebanon, Indiana
Muscatine, Iowa
Greene and Syracuse, New York

Grant Distribution by State

New York $1.2M (99%)

Pennsylvania $5K (0%)

Texas $3K (0%)

District of Columbia $3K (0%)

California $500 (0%)

+1 more states

States

California District of Columbia New Jersey New York Pennsylvania South Carolina Texas Virginia Vermont

Cities

AftonAlbanyBainbridgeBaldwinsvilleBinghamtonBrooklynBurlingtonCamdenChenangoChenango BridgeConklinCortlandDallasDelhiEndicottEndwellFairfaxFort MillGilbertsvilleGreene

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total assets: $7,665,080
Total revenues: $545,547
Total expenses: $384,405
Total giving: $371,341

Staffing:

0 employees

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,665,080	$7,010,510	$6,282,207
Revenue	$545,547	$283,933	$145,654
Expenses	$384,405	$327,855	$260,973
Qualifying Distributions	$371,341	$315,420	$227,370
Net Investment Income	$492,547	$202,933	$84,804
Distributable Amount	$365,728	$325,177	$333,981

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Greene Central School ($36,923), Suny Broome Community College ($15,000), Suny Cortland ($15,000).

Recipient	Purpose	Amount
4 TOWNS FORWARD SIDNEY, NY	SPONSORSHIP DONATION	$1,000
ACHIEVE BINGHAMTON, NY	SPONSORSHIP DONATION	$1,000
ALS ASSOCIATION NEW YORK, NY	DONATION	$1,000
AMERICAN CANCER SOCIETY ENDICOTT, NY	DONATION	$600
AMERICAN HEART ASSOCIATION DALLAS, TX	SPONSORSHIP DONATION	$1,500
BADEN-POWELL COUNCIL BOYS SCOUT BINGHAMTON, NY	DONATION	$2,000
BAINBRIDGE-GUILFORD SCHOOL DISTRICT BAINBRIDGE, NY	DONATION	$245
BINGHAMTON PHILHARMOIC ORCHESTRA BINGHAMTON, NY	DONATION	$1,500
BINGHAMTON UNIVERSITY FOUNDATION BINGHAMTON, NY	DONATION	$1,000
BROOME COUNTY HUMANE SOCIETY BINGHAMTON, NY	DONATION	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STEPHEN S RAYMOND	TRUSTEE	—	—
GEORGE RAYMOND	CHAIRMAN	—	—
EILEEN BROWNING	TREASURER	—	—
TERRI BRANT	EXEC. SECRETARY	2	$3,000
KAREN RAYMOND	TRUSTEE	—	—
JEAN C RAYMOND	TRUSTEE	—	—
JOHN PILKINGTON	TRUSTEE	—	—
TERRY KELLOGG	VICE CHAIRMAN	—	—
STEVE VANNOSTRAND	TRUSTEE	—	—
STEPHEN PAGE	TRUSTEE	—	—

Contact Information

Address: One Penn Plaza, Suite 6232 New York, NY 10119

Phone: (646) 598-2001

Email: info@theraymondfoundation.org

Frequently Asked Questions

What does Raymond Foundation fund?

The Raymond Foundation supports nonprofit organizations through various types of support including scholarships, sponsorships, and project support. The foundation's areas of interest include: • Education • Human services • Health • Children and youth • Community development, including fire departments • Sports • Animal welfare • Arts and culture

How do I apply for a grant from Raymond Foundation?

The foundation made 96 grants in 2024. Typical grant awards range from $50,000 to $150,000. Recent notable grants include: • $150,000 to Mary Peckham Fbo Chenango Valley Home for remodeling • $18,000 to University of Rochester for scholarship donation • $18,000 to Rochester Institute of Technology (RIT) for scholarship donation Total giving in 2024 was $371,341.

Where does Raymond Foundation make grants?

The Raymond Foundation primarily funds nonprofit organizations in communities where the Raymond Corporation operates, including: • Lebanon, Indiana • Muscatine, Iowa • Greene and Syracuse, New York

What size grants does Raymond Foundation award?

In 2024, Raymond Foundation awarded 103 grants totaling $371K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Raymond Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Raymond Foundation reported a distributable amount of $366K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.