The Raleigh Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE ELMO, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $783K in total assets. In 2024, it awarded 23 grants totaling $36K. Net investment income was $126K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$783K
+12.6% YoY
Annual Giving
$36K
-10.1% YoY
Grant Count
23
-14.8% YoY
Avg Grant Size
$2K
+5.6% YoY
Under IRS private-foundation payout rules, The Raleigh Foundation reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About The Raleigh Foundation
Based on IRS filings
The Raleigh Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE ELMO, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $783K in total assets. In 2024, it awarded 23 grants totaling $36K. Net investment income was $126K.
Focus Areas
Ready to take the next step with The Raleigh Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $782,587 | $694,927 | $676,712 |
| Revenue | $132,447 | $65,231 | $48,646 |
| Expenses | $44,787 | $47,016 | $59,138 |
| Qualifying Distributions | $37,898 | $41,100 | $50,588 |
| Net Investment Income | $125,558 | $59,315 | $42,592 |
| Distributable Amount | $38,733 | $34,854 | $36,514 |
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
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Family Means ($6,000), Christ Lutheran Church ($5,000), Guardian Angels Catholic Church ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| American Cancer Society Relay for Life Lake Elmo, MN | Advance Research & Improve Treatments | $500 |
| Bridge to Books Lake Elmo, MN | Foster Love of Reading | $500 |
| Cancer Legal Care Oakdale, MN | Peace of Mind to Cancer clients | $500 |
| Christ Lutheran Church Lake Elmo, MN | Cover expenses & programs-stewardship to Maintain facility | $5,000 |
| Family Means Stillwater, MN | Counseling & therapy to build stronger communiities | $6,000 |
| Fentanyl Free Communities Foundation Minneapolis, MN | Fentanyl Free Minnesota | $300 |
| Granite House Inc Stillwater, MN | Home & Program for severe and permanent brain damage people | $500 |
| Guardian Angels Catholic Church Oakdale, MN | Operating budget-worship, education of the church. | $5,000 |
| Lake Elmo Library Lake Elmo, MN | Support Reading Enrichment Programs | $200 |
| Merrick Community Services St Paul, MN | Families transition from poverty to be self sufficient | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Donald T Raleigh | President/Secretary (thru May '24) | 5 | — |
| Snowell N Raleigh- VP Treasurer | (thru May '24)/ President (as of June) | 5 | — |
| Rebecca R Billingsley | Director | 1 | — |
| Elizabeth R Landherr | Director | 1 | — |
| Daniel D Raleigh | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Raleigh Foundation?
The Raleigh Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE ELMO, MN. It holds $783K in total assets as of 2024.
How large is The Raleigh Foundation?
As of 2024, The Raleigh Foundation holds $783K in total assets with $132K in annual revenue. It awarded 23 grants totaling $36K in 2024.
Where does The Raleigh Foundation operate?
The Raleigh Foundation has awarded grants in Minnesota, New York, South Dakota, Wisconsin.
What size grants does The Raleigh Foundation award?
In 2024, The Raleigh Foundation awarded 23 grants totaling $36K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Raleigh Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Raleigh Foundation reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Raleigh Foundation's EIN?
The Raleigh Foundation's EIN (Employer Identification Number) is 20-1054002. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Raleigh Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Saint Paul & Minnesota Foundation
ST PAUL, MN
Assets
$1.6B
Grants
1,445
Total Given
$192.6M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
Xcel Energy Foundation
MINNEAPOLIS, MN
Assets
—
Grants
1,820
Total Given
$7.7M
Mightycause Charitable Foundation
MARIANNA, FL
Assets
$6.6M
Grants
3,309
Total Given
$82.3M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Fred C and Katherine B Andersen Foundation
BAYPORT, MN
Assets
—
Grants
271
Total Given
$59.8M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Otto Bremer Trust
ST PAUL, MN
Assets
—
Grants
883
Total Given
$68.5M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Raleigh Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities