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
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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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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