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Raquet Family Foundation is a private corporation based in WILLIAMSBURG, VA. The foundation received its IRS ruling in 2009. The principal officer is % Bonnie E Raquet. It holds total assets of $1.9M. Annual income is reported at $168K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Raquet Family Foundation has made 10 grants totaling $442K, with a median grant of $33K. Annual giving has grown from $165K in 2020 to $277K in 2022. Individual grants have ranged from $4K to $100K, with an average award of $44K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Ohio, Massachusetts, District of Columbia, which account for 80% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Raquet Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in OH, MA, DC.
Raquet Family Foundation has distributed a total of $442K across 10 grants. The median grant size is $33K, with an average of $44K. Individual grants have ranged from $4K to $100K.
Raquet Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Raquet Family Foundation is headquartered in WILLIAMSBURG, VA. While based in VA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald G Morrison Jr | DIRECTOR | $0 | $0 | $0 |
| Peter A Raquet | TREASURER/DIRECTOR | $0 | $0 | $0 |
| Bonnie E Raquet | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| Rebecca C Morrison | SECRETARY/DIRECTOR | $0 | $0 | $0 |
Total Giving
$183K
Total Assets
$2M
Fair Market Value
$3.1M
Net Worth
$2M
Grants Paid
$135K
Contributions
$0
Net Investment Income
$47K
Distribution Amount
$145K
Total: $2M
Total Grants
10
Total Giving
$442K
Average Grant
$44K
Median Grant
$33K
Unique Recipients
6
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cleveland State University Endowment FundENDOWMENT FUND | Cleveland, OH | $100K | 2022 |
| Wellesley CollegeSOCIAL JUSTICE INTERNSHIPS | Wellesley, MA | $35K | 2022 |
| Patriot High SchoolCHARITABLE | Nokesville, VA | $4K | 2022 |
| Cleveland State UniversityHIGH IMPACT LEARNING | Cleveland, OH | $100K | 2020 |
| Cleve Loth High School Raquet Memorial ScholarshipSCHOLARSHIP | Rocky River, OH | $25K | 2020 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| Georgetown LawSCHOLARSHIPS | Washington, DC | $10K | 2020 |
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