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Rakowich Family Foundation Inc. is a private corporation based in LONE TREE, CO. The foundation received its IRS ruling in 2014. The principal officer is Walter C Rakowich. It holds total assets of $1.9M. Annual income is reported at $833K. The foundation is governed by 1 officer or trustee. Gift to national leadership academy for student scholarships. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Colorado. According to available records, Rakowich Family Foundation Inc. has made 26 grants totaling $807K, with a median grant of $10K. The foundation has distributed between $390K and $417K annually from 2021 to 2022. Individual grants have ranged from $1K to $250K, with an average award of $31K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Colorado, Pennsylvania, Texas, which account for 92% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$230
Median Grant
$5K
Average Grant
$15K
Largest Grant
$100K
Based on 13 grants from the most recent 990-PF filing.
Gift to national leadership academy for student scholarships
Expenses: $15K
Gift to colorado uplift gpt the pledge payment
Expenses: $100K
Gift to pennslyvania state university
Expenses: $20K
Gift to the ceo forum, inc for promotion of industry
Expenses: $20K
Gift to national leadership academy for student scholarships. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in CO, PA, TX.
Rakowich Family Foundation Inc. has distributed a total of $807K across 26 grants. The median grant size is $10K, with an average of $31K. Individual grants have ranged from $1K to $250K.
Rakowich Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rakowich Family Foundation Inc. is headquartered in LONE TREE, CO. While based in CO, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Walter C Rakowich | PRESIDENT | $0 | $0 | N/A |
Total Giving
$90K
Total Assets
$2.1M
Fair Market Value
$2.3M
Net Worth
$2.1M
Grants Paid
$81K
Contributions
N/A
Net Investment Income
$538K
Distribution Amount
$100K
Total: $1.9M
Total Grants
26
Total Giving
$807K
Average Grant
$31K
Median Grant
$10K
Unique Recipients
23
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Promise KeepersAID TO COMMUNITY | Colorado Springs, CO | $5K | 2022 |
| University Of Colorado FoundationAID TO COMMUNITY | Denver, CO | $250K | 2022 |
| Colorado UpliftAID TO COMMUNITY | Denver, CO | $100K | 2022 |
| Tommy Spaulding Leadership InstituteAID TO COMMUNITY | Denver, CO | $15K | 2022 |
| Ace ScholarshipsAID TO COMMUNITY | Greenwood Village, CO | $10K | 2022 |
| Ceo Forum IncAID TO COMMUNITY | Highland Village, TX | $10K | 2022 |
| Downing HouseAID TO COMMUNITY | Englewood, CO | $10K | 2022 |
| Prostate Cancer Education CouncilAID TO COMMUNITY | Castle Rock, CO | $5K | 2022 |
| Richard Reese Employee Relief FundAID TO COMMUNITY | Boston, MA | $5K | 2022 |
| Denver Scholarship FoundationAID TO COMMUNITY | Denver, CO | $3K | 2022 |
| Pennsylvania State - Karli Short Better TomorrowAID TO COMMUNITY | Pittsburgh, PA | $2K | 2022 |
| Out Of The Darkness Walk PittsburghAID TO COMMUNITY | New York, NY | $2K | 2022 |
| Pivot FoundationTrustee Contribution | Denver, CO | $100K | 2021 |
| Colorado Open Golf FoundationThe Championship Team | Denver, CO | $75K | 2021 |
| Greenwood Community ChurchUnrestricted | Greenwood Village, CO | $25K | 2021 |
| Spaulding Leadership Institutescholarships | Denver, CO | $15K | 2021 |
| Pennsylvania State UniversityClass Gift Campaign | State College, PA | $13K | 2021 |
| Downing Street Foundationunrestricted | Englewood, CO | $10K | 2021 |
| Alliance For Choice In Education - Aceunrestricted | Greenwood Village, CO | $10K | 2021 |
| John Lester Foundationgeneral operating | Englewood, CO | $10K | 2021 |
| Prostrate Cancer Education Councilcancer golf event | Centennial, CO | $5K | 2021 |
| Hope Haven Charitable Truststudent sponsorship | Sedalia, CO | $5K | 2021 |
| Capital Sisters International IncUnrestricted | Golden, CO | $1K | 2021 |