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Also known as: C/O JOHN R RAITT
John And Mary Raitt Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1997. The principal officer is % John R Raitt. It holds total assets of $1.6M. Annual income is reported at $463K. The foundation operates in the area of philanthropy & grantmaking. According to available records, John And Mary Raitt Family Foundation has made 3 grants totaling $2.7M, with a median grant of $687K. Annual giving has decreased from $1.5M in 2021 to $687K in 2023. Individual grants have ranged from $469K to $1.5M, with an average award of $900K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
John And Mary Raitt Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
John And Mary Raitt Family Foundation has distributed a total of $2.7M across 3 grants. The median grant size is $687K, with an average of $900K. Individual grants have ranged from $469K to $1.5M.
John And Mary Raitt Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
John And Mary Raitt Family Foundation is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John Raitt | PRESIDENT - PART TIME | $0 | $0 | $0 |
| Katherine Raitt | TREASURER - PART TIME | $0 | $0 | $0 |
| Carolyn Raitt | VICE PRESIDENT - PART TIME | $0 | $0 | $0 |
Total Giving
$696K
Total Assets
$1.9M
Fair Market Value
$2.6M
Net Worth
$1.9M
Grants Paid
$687K
Contributions
$528K
Net Investment Income
$381K
Distribution Amount
$138K
Total: $1.7M
Total Grants
3
Total Giving
$2.7M
Average Grant
$900K
Median Grant
$687K
Unique Recipients
1
Most Common Grant
$469K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StmtSEE ATTACHED STMT | See Attached Stmt, IL | $687K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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