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Also known as: EDUCATIONAL FOUNDATION
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Raymond & Lorraine Letourneau is a private trust based in PORTSMOUTH, NH. The foundation received its IRS ruling in 1979. It holds total assets of $196K. Annual income is reported at $20K. The foundation is governed by 2 officers and trustees. College scholarships. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Vermont. According to available records, Raymond & Lorraine Letourneau has made 22 grants totaling $71K, with a median grant of $3K. Annual giving has grown from $15K in 2021 to $19K in 2023. Grantmaking activity was highest in 2022 with $38K distributed across 12 grants. Individual grants have ranged from $3K to $4K, with an average award of $3K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in Vermont. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$5K
Based on 3 grants from the most recent 990-PF filing.
College scholarships
Expenses: $16K
College scholarships. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in VT.
Raymond & Lorraine Letourneau has distributed a total of $71K across 22 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $3K to $4K.
The application deadline is APPLICATIONS ACCEPTED ANYTIME. NOTICE OF APPROVAL MADE BEFORE END OF SCHOOL YEAR.. Scholarships are awarded for academic purposes only.
Raymond & Lorraine Letourneau is headquartered in PORTSMOUTH, NH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dale Letourneau | PRESIDENT | $0 | $0 | N/A |
| Dena Wager | TREASURER/ SECRETARY | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$209K
Fair Market Value
$410K
Net Worth
$209K
Grants Paid
$19K
Contributions
N/A
Net Investment Income
$9K
Distribution Amount
$19K
Total Grants
22
Total Giving
$71K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
15
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stella SmithSCHOLARSHIP | Essex Jct, VT | $3K | 2023 |
| Adam BilodeauSCHOLARSHIP | Hinesburg, VT | $3K | 2023 |
| Eric ForcierSCHOLARSHIP | Colchester, VT | $3K | 2023 |
| Angelina YordanSCHOLARSHIP | Burlington, VT | $3K | 2023 |
| Cary Bond-BardesSCHOLARSHIP | South Burlington, VT | $3K | 2023 |
| Liam Thomas WilsonSCHOLARSHIP | Jericho, VT | $3K | 2023 |
| Courtney CoffmanSCHOLARSHIP | South Burlington, VT | $3K | 2022 |
| Ayan LibanSCHOLARSHIP | Burlington, VT | $3K | 2022 |
| Bisharo SugowSCHOLARSHIP | Burlington, VT | $3K | 2022 |
| Emma BishopSCHOLARSHIP | Burlington, VT | $3K | 2022 |
| Olivia WaiteSCHOLARSHIP | Burlington, VT | $3K | 2022 |
| Ethan ParkSCHOLARSHIP | Burlington, VT | $3K | 2022 |
| Walter P BiggsSCHOLARSHIP | Burlington, VT | $4K | 2021 |
| Zachary JohnsonSCHOLARSHIP | Burlington, VT | $4K | 2021 |
| Payton B KarsonSCHOLARSHIP | Burlington, VT | $4K | 2021 |