Nonprofit · EIN 37-6439235
RAFT CHARITABLE FOUNDATION
Tax-exempt · SIOUX FALLS, SD 57103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $3,937,299 | $1,876,113 | $2,061,186 | $24,673,627 | $0 | $24,673,627 |
| December 31, 2024 | 990-PF | $3,096,141 | $1,774,511 | $1,321,630 | $22,618,100 | $0 | $22,618,100 |
| December 31, 2023 | 990-PF | $1,371,379 | $1,729,426 | -$358,047 | $21,301,036 | $0 | $21,301,036 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $60,846
- Dividends
- $867,896
- Net gain from sales of assets
- $3,008,557
Expenses
- Grants and similar amounts paid
- $1,630,000
- Compensation of officers, directors and key employees
- $192,901
- Disbursements for charitable purposes
- $1,745,766
- Excise tax on investment income
- $52,749
Balance sheet and other
- Total assets, start of year
- $22,618,100
- Total assets, end of year
- $24,673,627
- Total liabilities, end of year
- $0
- Net assets, end of year
- $24,673,627
- Fair market value of assets
- $41,261,781
- Qualifying distributions
- $1,745,766
- Net investment income
- $3,876,453
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DORSEY WHITNEY TRUST COMPANY LLC 401 E 8TH ST STE 319, SIOUX FALLS, SD 571037031 | TRUSTEE | 3 | $192,901 |
| FAYE L YOUNGREN 401 E 8TH ST STE 319, SIOUX FALLS, SD 571037031 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DORSEY WHITNEY TRUST COMPANY LLC 401 E 8TH ST STE 319, SIOUX FALLS, SD 571037031 | TRUSTEE | 3 | $183,562 |
| FAYE L YOUNGREN 401 E 8TH ST STE 319, SIOUX FALLS, SD 571037031 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DORSEY WHITNEY TRUST COMPANY LLC 401 E 8TH ST STE 319, SIOUX FALLS, SD 571037031 | TRUSTEE | 3 | $161,719 |
| FAYE L YOUNGREN 401 E 8TH ST STE 319, SIOUX FALLS, SD 571037031 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 401 E 8TH ST STE 319, SIOUX FALLS, SD 57103-7031
- In care of
- % DORSEY & WHITNEY TRUST COMPANY LL
- Signed the 990-PF
- MATTHEW C MCMILLEN, EVP
- Phone
- (605) 336-6832
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 37-6439235
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $24,673,627
- Income (IRS master file)
- $6,830,875
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $3,937,299 | $1,876,113 | $24,673,627 | IRS |
| 990-PF | December 2024 | $3,096,141 | $1,774,511 | $22,618,100 | IRS |
| 990-PF | December 2023 | $1,371,379 | $1,729,426 | $21,301,036 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-6439235).
Questions about RAFT CHARITABLE FOUNDATION
- What is the EIN of RAFT CHARITABLE FOUNDATION?
- The employer identification number (EIN) of RAFT CHARITABLE FOUNDATION is 37-6439235.
- Is RAFT CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to RAFT CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RAFT CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RAFT CHARITABLE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAFT CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of RAFT CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $192,901 (DORSEY WHITNEY TRUST COMPANY LLC, TRUSTEE).
- How much revenue does RAFT CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,937,299, expenses of $1,876,113 and total assets of $24,673,627 at year end.
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All nonprofits in SIOUX FALLS · South Dakota · Philanthropy, voluntarism and grantmaking foundations