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Bill Raskob Foundation Inc. is a private corporation based in WYNNEWOOD, PA. The foundation received its IRS ruling in 1944. It holds total assets of $6.8M. Annual income is reported at $440K. Total assets have grown from $4.4M in 2011 to $6.3M in 2023. The foundation is governed by 12 officers and trustees. To assist needy and deserving students through no interest educational loans. Tax records are available from 2015 to 2023. According to available records, Bill Raskob Foundation Inc. has made 5 grants totaling $1.3M, with a median grant of $258K. Annual giving has grown from $183K in 2020 to $258K in 2023. Grantmaking activity was highest in 2022 with $656K distributed across 2 grants. Individual grants have ranged from $183K to $328K, with an average award of $264K. Grants have been distributed to organizations in Minnesota and Maryland. Contributions to this foundation are tax-deductible.
To assist needy and deserving students through no interest educational loans.
Expenses: $215K
To assist needy and deserving students through no interest educational loans. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MN, MD.
Bill Raskob Foundation Inc. has distributed a total of $1.3M across 5 grants. The median grant size is $258K, with an average of $264K. Individual grants have ranged from $183K to $328K.
The application deadline is THERE IS A SUBMISSION DEADLINE OF MAY 15TH.. The students must at least be in their sophomore year or later. A student can only request a loan for an undergraduate degree or a post graduate degree, not both.
Bill Raskob Foundation Inc. is headquartered in WYNNEWOOD, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edward H Robinson | SECRETARY | $95K | $0 | $95K |
| Trista Ussery | DIRECTOR | $0 | $0 | N/A |
| Thomas Geuting | DIRECTOR | $0 | $0 | N/A |
| Patrick Mcgrory | DIRECTOR | $0 | $0 | N/A |
| Michael Duffy | TREASURER | $0 | $0 | N/A |
| Timothy Raskob | DIRECTOR | $0 | $0 | N/A |
| Gregory Woodward | DIRECTOR | $0 | $0 | N/A |
| Edward Robinson | DIRECTOR | $0 | $0 | N/A |
| Noelle Robinson | VICE PRESIDENT | $0 | $0 | N/A |
| Kathleen D Smith Esq | DIRECTOR | $0 | $0 | N/A |
| Theodore H Bremekamp Iii | PRESIDENT | $0 | $0 | N/A |
| Nicholas Bremer | DIRECTOR | $0 | $0 | N/A |
Total Giving
$484K
Total Assets
$6.3M
Fair Market Value
$6.3M
Net Worth
$6.3M
Grants Paid
$258K
Contributions
N/A
Net Investment Income
$151K
Distribution Amount
$404K
Total: $3.5M
Total Grants
5
Total Giving
$1.3M
Average Grant
$264K
Median Grant
$258K
Unique Recipients
1
Most Common Grant
$328K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Current Year Student LoansSTUDENT LOANS | Crownsville, MN | $258K | 2023 |