The Raether Family Charitable Trust
Preselected recipients only
The Raether Family Charitable Trust is a private foundation in Miami, Florida. In tax year 2023 it gave $7.3 million in 62 grants; the typical grant was $5,000 and the largest $3.5 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$7.3 million
- Number of grants62
- Typical grant$5,000
- Largest grant$3.5 million
- Assets$53.9 million
- New grantees36%
Giving in 2023 was up from $6.4 million the year before.
36% of its 2023 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $6.4 million | 61 | $52.0 million |
| 2023 | $7.3 million | 62 | $53.9 million |
How to apply
The Raether Family Charitable Trust says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Raether Family Charitable Trust funds
Where it gives
Its grants went to recipients in 18 states, the most to Connecticut.
| State | Grants | Amount |
|---|---|---|
| Connecticut | 10 | $3.5 million |
| New Hampshire | 1 | $2.6 million |
| New York | 16 | $408,833 |
| Utah | 2 | $177,500 |
| Tennessee | 2 | $152,000 |
| Florida | 10 | $124,000 |
| Illinois | 2 | $60,000 |
| Pennsylvania | 1 | $50,000 |
| Virginia | 3 | $45,000 |
| Colorado | 5 | $27,500 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of Trinity College | General purpose | $3.5 million |
| The Amos Tuck School | General purpose | $2.6 million |
| Hospital for Special Surgery | General purpose | $333,333 |
| US Ski & Snowboard Foundation | General purpose | $167,500 |
| Memphis Brooks Museum of Art | General purpose | $150,000 |
| United States Squash Racquets Assocation | General purpose | $50,000 |
| Metrosquash | General purpose | $50,000 |
| Greenwich Academy | General purpose | $43,500 |
| The Everglades Foundation | General purpose | $30,000 |
| Wendy Novak Diabetes Institute | General purpose | $25,000 |
| Navy Seal Foundation | General purpose | $20,000 |
| Humane Equine Aid and Rapid Transport Inc | General purpose | $20,000 |
| Road to the Top Inc | General purpose | $20,000 |
| American Friends of Belvoir Castle | General purpose | $15,000 |
| Special Olympics | General purpose | $15,000 |
| Palm Beach Zoo & Conservation | General purpose | $15,000 |
| The Posse Foundation Inc | General purpose | $10,000 |
| Jupiter Medical Center Foundation | General purpose | $10,000 |
| Cleveland Clinic Martin Health | General purpose | $10,000 |
| Bravo Vail Music Festival | General purpose | $10,000 |
| Teach for America Inc | General purpose | $10,000 |
| World Cup Dreams Foundation | General purpose | $10,000 |
| United States Equestrian Team Foundation | General purpose | $10,000 |
| American Society for the Prevention of Cruelty to Animals | General purpose | $10,000 |
| Lake Forest Garden Club | General purpose | $10,000 |
| Streetsquash Inc | General purpose | $7,500 |
| Boys & Girls Club of Greenwich | General purpose | $7,500 |
| Greenwich Hospital Foundation | General purpose | $7,500 |
| Safe Horizon | General purpose | $7,500 |
| Memorial Sloan Kettering Cancer Center | General purpose | $5,000 |
| Vail Health Foundation | General purpose | $5,000 |
| Team Rubicon | General purpose | $5,000 |
| The Aloha Foundation Inc | General purpose | $5,000 |
| Colorado Academy | General purpose | $5,000 |
| Vail Valley Foundation | General purpose | $5,000 |
| Children of Fallen Patriots Foundation | General purpose | $5,000 |
| Prep for Prep | General purpose | $5,000 |
| The Glaucoma Foundation | General purpose | $5,000 |
| Cancer Research Institute | General purpose | $5,000 |
| Bruce Museum | General purpose | $5,000 |
Officers and trustees
- Paul E Raether
- Wendy S Raether
- Elissa Raether Kovas
- Alexa Raether Maddock
- Cara Raether Carey
Questions people ask
Does The Raether Family Charitable Trust accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Raether Family Charitable Trust give?
$7.3 million in tax year 2023, across 62 grants, with a typical grant of $5,000.
Who runs The Raether Family Charitable Trust?
Its 2023 filing lists Paul E Raether (Trustee), Wendy S Raether (Trustee), Elissa Raether Kovas (Trustee) and Alexa Raether Maddock (Trustee) among 5 officers and trustees.
What does The Raether Family Charitable Trust fund?
Based on its grants, mainly education, health and arts and culture.