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David L Rae Memorial Fund is a private corporation based in RCHO SANTA FE, CA. The foundation received its IRS ruling in 2021. The principal officer is % Kathleen W Rae. It holds total assets of $77K. Annual income is reported at $34K. 2 scholarships for college university of $5000 each awarded to one boy student-athlete and one girl student-athlete graduating in 2022 from Ridgewood High School Ridgewood New Jersey. According to available records, David L Rae Memorial Fund has made 6 grants totaling $30K, with a median grant of $5K. Annual giving has decreased from $20K in 2022 to $10K in 2023. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
2 scholarships for college university of $5000 each awarded to one boy student-athlete and one girl student-athlete graduating in 2022 from Ridgewood High School Ridgewood New Jersey.
Expenses: $10K
2 scholarships for college university of $5000 each awarded to one boy student-athlete and one girl student-athlete graduating in 2022 from Ridgewood High School Ridgewood New Jersey. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NJ.
David L Rae Memorial Fund has distributed a total of $30K across 6 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $5K to $5K.
Limited to student-athletes graduating from Ridgewood High School in the school year in which the student is applying for the David L Rae Memorial Scholarship.
David L Rae Memorial Fund is headquartered in RCHO SANTA FE, CA.
Total Giving
$10K
Total Assets
$48K
Fair Market Value
$48K
Net Worth
$48K
Grants Paid
$10K
Contributions
$31K
Net Investment Income
$4K
Distribution Amount
$2K
Total Grants
6
Total Giving
$30K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kathryn HoganScholarship for College Costs | Ridgewood, NJ | $5K | 2023 |
| Liam Antonio WoodsScholarship for College costs | Ridgewood, NJ | $5K | 2023 |
| Olivia ShattuckScholarship for college university | Ridgewood, NJ | $5K | 2022 |
| Thomas MaloneScholarship for college university | Ridgewood, NJ | $5K | 2022 |
KIRTLAND, OH
MEDFORD, NJ
LOWELL, MA
MOUNTAIN HOME, AR
WARWICK, RI
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