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RAYMOND EDUCATIONAL FOUNDATION

FLAGSTAFF, AZ · EIN 866050920 · Form 990PF · FY2021 · Small ($100K-$1M) · raymondeducationalfoundation.org
revenue
$204K
expenses
$19K
net assets
$2.4M
employees
profile · synthesized from sources

The Raymond Educational Foundation is an Arizona-based nonprofit that provides scholarships and grants to support educational and charitable activities in Coconino County. It partners with local educational institutions to award scholarships to students and offers grants to other Coconino County organizations.

named programs · 2 · from sources

what they call their work

Grants
Offers grants to Coconino County organizations that submit a letter of inquiry by March 31.
Scholarships
Provides funds to Northern Arizona University (NAU) and Coconino Community College (CCC) who then award scholarships to students.
activities · 3 clusters

what they do

  • General Operating Support Grants 4 activities
    • Awards grants to organizations
      Provides financial grants to organizations, with a total of over $5 million granted to students and organizations since the foundation's inception.
    • Grantmaking to Organizations
      Awards grants to organizations as part of its philanthropic mission. Has granted over $5 million to students and organizations since inception.
    • Grantmaking to Organizations
      Awards grants to organizations as part of its philanthropic mission. Has granted over $5 million to students and organizations since inception.
    • Grantmaking to Organizations
      Awards grants to organizations, with over $5 million in total grants provided since inception.
  • Merit-Based Educational Scholarships 1 activity
    • Student Scholarship Program
      Provides annual scholarships to eligible students pursuing higher education, helping reduce the financial burden of college. Awards between $130,000 and $150,000 in scholarships each year.
  • Uncategorized 3 activities
    • Distributes scholarships to students for higher education
      Provides annual scholarships to eligible students pursuing higher education, aimed at reducing financial burdens. The foundation awards between $130,000 and $150,000 per year in scholarships and grants.
    • Student Scholarship Program
      Provides annual scholarships to eligible students pursuing higher education, helping reduce the financial burden of college. Awards between $130,000 and $150,000 per year to students.
    • Student Scholarship Program
      Provides annual scholarships to eligible students pursuing higher education, helping reduce the financial burden of college. Awards between $130,000 and $150,000 in scholarships each year.
financials · form 990PF · fy2021

the money

revenue
Total revenue$204K
Contributions & grants
Program service revenue
Investment income$98K48%
Other revenue$106K
expenses
Total expenses$19K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$6K
Grants paid out$139K
balance sheet
Total assets$2.52M
Cash
Investments
Liabilities
Net assets$2.44M
3 years on record · 2019–2021 · YoY revenue +424.5%
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 1
NameTitleHours/wkCompensation
STEVE CONRAD Executive Dir. 10 $6K
board members · 6
  • BILLY CORDOSCO — Director
  • FRANK GARCIA — Director
  • KATHERINE PASTOR — Director
  • MIKE CROMER — Director
  • MONICA GAYLORD — Director
  • PAT NACKARD — Director
relationships · 16

who they work with

  • Arizona State College Partner — Designated recipient of corporate assets upon dissolution, for use in scholarships or general purposes.
  • CCC Partner — Provides funds to CCC who awards scholarships to students.
  • Coconino Community College Partner — Eligible institution for Raymond Educational Foundation scholarship recipients.
  • Coconino Community College Partner — Past grant awardee
  • Coconino County Partner — Past grant awardee
  • District Camp Colton Partner — Past grant awardee
  • District Vocational Scholarship Partner — Past grant awardee
  • Flagstaff Family Food Center Partner — Past grant awardee
  • Flagstaff Unified School District Partner — Past grant awardee
  • Literacy Volunteers Partner — Past grant awardee
  • NAU Partner — Provides funds to NAU who awards scholarships to students.
  • Northern Arizona University Partner — Eligible institution for Raymond Educational Foundation scholarship recipients.
  • Northern Arizona University Partner — Students can apply for a Foundation scholarship at the Financial Aid Department.
  • Northland Hospice Partner — Past grant awardee
  • Pioneer Historical Society Partner — Past grant awardee
  • Sunshine Rescue Mission Partner — Past grant awardee