The Raether Family Charitable Trust
The Raether Family Charitable Trust is a private foundation based in Miami, Florida. It gave $7,256,142 in grants to 62 organizations in 2024, supporting recipients whose work includes education, healthcare, arts, sports, conservation, and services for military families.
The Raether Family Charitable Trust at a glance
In short: The Raether Family Charitable Trust gave $7.3M across 62 grants in 2024 (avg $117K), top state Connecticut. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,256,142
- +12.9% vs 2023
- Grants made (2024)
- 62
- +1.6% vs 2023
- Average grant
- $117,035
- +11.1% vs 2023
- Median grant
- $5,000
- Total assets
- $38,457,258
- -11.6% vs 2023
- New grantees (estimate)
- 18% first-time grantees (11 of 62, 2024)
- Primary geography
- Connecticut (49% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Raether Family Charitable Trust
- Accepts unsolicited proposals
- No
- How to Apply
-
The trust states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co Ey Llp 700 Nw 1St Ave Ste 1500, Miami, FL 33136
Phone: (212) 773-1262
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Raether Family Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Trustees of Trinity College ($3.5M). Together the top 10 received $6.9M.
Grant Size Distribution
314 grants across all recorded years
The most common grant size was under $50K: 268 grants of 314 (85%).
Geographic Focus
Where this funder awards grants
In 2024, 49% of grant dollars went to recipients in Connecticut and 36% to recipients in New Hampshire. New York received 6%, while Utah and Tennessee each received 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 62 itemized grants.
States
Cities
Is The Raether Family Charitable Trust open to new grantees?
18%
first-time grantees, 2024
In 2024, 11 of 62 grantees (18%) were first-time recipients. First grants averaged $259K; repeat grants $87K. How we count
Medians: $10K first-time, $5K repeat.
- 65% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+5%). Method
- In 2024 it paid out 298% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4.6M (2020) to $7.3M (2024). In 2024 it made 62 grants totaling $7.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of Trinity College Hartford, CT | General Purpose | $3,469,696 |
| The Amos Tuck School Hanover, NH | General Purpose | $2,605,113 |
| Hospital for Special Surgery New York, NY | General Purpose | $333,333 |
| US Ski & Snowboard Foundation Park City, UT | General Purpose | $167,500 |
| Memphis Brooks Museum of Art Memphis, TN | General Purpose | $150,000 |
| United States Squash Racquets Assocation Pennsylvania, PA | General Purpose | $50,000 |
| Metrosquash Chicago, IL | General Purpose | $50,000 |
| Greenwich Academy Greenwich, CT | General Purpose | $43,500 |
| The Everglades Foundation Palmetto Bay, FL | General Purpose | $30,000 |
| Wendy Novak Diabetes Institute Hollywood, FL | General Purpose | $25,000 |
Ready to take the next step with The Raether Family Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $38,457,258 | $4,194,832 | $9,246,822 | $7,256,142 | 62 | $7,556,640 | $2,165,896 | $2,531,811 |
| 2023 | $43,509,248 | $2,832,737 | $9,653,580 | $6,426,079 | 61 | $6,814,273 | $1,993,740 | $2,610,414 |
| 2022 | $50,330,091 | $6,295,518 | $7,823,437 | $5,128,901 | 60 | $5,397,954 | $6,258,734 | $2,917,389 |
| 2021 | $51,858,010 | $28,246,620 | $7,588,322 | $6,943,277 | 62 | — | $23,683,311 | $2,124,143 |
| 2020 | $31,199,712 | $8,668,881 | $4,929,770 | $4,596,719 | 69 | — | $7,977,581 | $1,443,964 |
Under IRS private-foundation payout rules, The Raether Family Charitable Trust reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the trust is provided in the available filing information. Its 2024 grantees include Greenwich Academy, which describes its work as providing a rigorous liberal arts education for girls and young women, and the Everglades Foundation, whose mission is to restore and protect the Everglades through science, advocacy, and education. Other grantees describe work in areas such as healthcare, sports, and support for military families.
Grantmaking
In 2024, the trust made 62 grants totaling $7,256,142. Grant amounts ranged from $500 to $3,469,696, with a median grant of $5,000. The largest grants included $3,469,696 to Trustees of Trinity College and $2,605,113 to The Amos Tuck School, both for general purpose. Other notable grants were $333,333 to Hospital for Special Surgery, $167,500 to US Ski & Snowboard Foundation, and $150,000 to Memphis Brooks Museum of Art.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Paul E. Raether, Wendy S. Raether, Elissa Raether Kovas, Alexa Raether Maddock, and Cara Raether Carey as trustees.
The Raether Family Charitable Trust's 2024 filing lists 5 officers; 2 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Alexa Raether Maddock
Trustee
On filings since 2020
0.1 hrs/week
$10K (2021) → $10K (2024)
Cara Raether Carey
Trustee
On filings since 2020
0.1 hrs/week
$8K (2021) → $10K (2024)
Elissa Raether Kovas
Trustee
On filings since 2020
No compensation reported
Paul E. Raether
Trustee
On filings since 2020
No compensation reported
Wendy S. Raether
Trustee
On filings since 2020
No compensation reported
Former officers (1)
- Former: Holly Werner (2020–2023) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $10K, to Alexa Raether Maddock (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Raether Family Charitable Trust
How much does The Raether Family Charitable Trust give each year?
The Raether Family Charitable Trust gave $7.3M across 62 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.4M across 61 grants.
What is The Raether Family Charitable Trust's typical grant size?
The Raether Family Charitable Trust's median grant in 2024 was $5,000, and its average grant was $117,035, across 62 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Raether Family Charitable Trust that year got $259K on average.
Where does The Raether Family Charitable Trust give grants?
The Raether Family Charitable Trust's top state is Connecticut, with 49% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Hampshire (36%) and New York (6%). The most frequent recipient cities were New York, NY (15 grants), Greenwich, CT (7 grants), West Palm Beach, FL (3 grants) and Vail, CO (3 grants).
Does The Raether Family Charitable Trust give general operating support?
Yes: 100% of The Raether Family Charitable Trust's 2024 grants with a stated purpose (62 of 62) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Raether Family Charitable Trust's largest grantees?
The Raether Family Charitable Trust's largest 2024 grantees include Trustees of Trinity College ($3,469,696), The Amos Tuck School ($2,605,113) and Hospital for Special Surgery ($333,333), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.
How large is The Raether Family Charitable Trust?
The Raether Family Charitable Trust reported $38.5M in total assets on its 2024 IRS Form 990-PF. It paid out $7.6M in qualifying distributions that year, against a required minimum of $2.5M (roughly 5% of its investment assets).
What does The Raether Family Charitable Trust fund?
No mission statement for the trust is provided in the available filing information. See mission & focus areas ↑
How do I apply for a grant from The Raether Family Charitable Trust?
The trust states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Raether Family Charitable Trust's EIN?
The Raether Family Charitable Trust's EIN (Employer Identification Number) is 13-6855420. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Raether Family Charitable Trust accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Raether Family Charitable Trust funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-raether-family-charitable-trust-morg_3e7d5789d9b64cdcb278a4d9aad4eed2
BibTeX
@misc{grantable_136855420_2026,
author = {{Grantable}},
title = {{The Raether Family Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-raether-family-charitable-trust-morg_3e7d5789d9b64cdcb278a4d9aad4eed2},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Raether Family Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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