Raab Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911446692 ✦ Poulsbo, WA ✦ Designated as a 501(c)(3)

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Overview

What is Raab Foundation?

The Raab Foundation, located in Poulsbo, Washington, is a nonprofit organization that is committed to supporting its community. They demonstrate this commitment by awarding educational scholarships worth $22,000 to local residents and providing $24,000 in grants to various social service organizations within the area. These initiatives are in line with the foundation's mission, which is to contribute positively to the community through activities sponsored by the Poulsbo Lions Club. The Raab Foundation's efforts aim to enrich the lives of its community members by fostering education and supporting local organizations.

Is Raab Foundation legitimate?

Raab Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raab Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Raab Foundation?

The Raab Foundation, through its activities, aims to aid the community. It accomplishes this by supporting initiatives sponsored by the Poulsbo Lions Club. The organization demonstrates its commitment to this mission by awarding educational scholarships worth $22,000 to community members and providing $24,000 in support grants to various social service organizations in the community. By doing so, the Raab Foundation contributes to the betterment and welfare of the community it serves.

Who is the CEO of Raab Foundation?

Dennis Tesch is the Treasurer of Raab Foundation.

What is the revenue of Raab Foundation?

Raab Foundation's revenue in 2022 was $85,208.

Who are the executives of Raab Foundation and what are their salaries?


Here are 4 key members and their salaries:


Dennis Tesch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Dahlquist (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Macdonald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Lind (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Raab Foundation?

Raab Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Raab Foundation

The Raab Foundation, a notable entity, is committed to aiding its community through initiatives sponsored by the Poulsbo Lions Club. The organization's primary mission is to contribute to the betterment of its community, and it accomplishes this by offering educational scholarships to local individuals and providing financial support to various social service organizations. In the past, the Raab Foundation has awarded $22,000 in scholarships and dispensed $24,000 in grants to these organizations, thereby furthering its mission to assist the community. The Raab Foundation's role in the community is multifaceted, as it not only supports the educational aspirations of its residents but also bolsters the capabilities of local social service organizations.

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Impact




October, 2024

The Raab Foundation has made a significant impact on the Poulsbo community by fostering educational advancement and supporting various social service organizations. By awarding $22,000 in educational scholarships, the foundation has empowered local individuals to pursue their academic goals, enriching the community's overall educational landscape. Additionally, by providing $24,000 in support grants to community organizations, the foundation has played a crucial role in enhancing social services, which ultimately contributes to public safety and wellbeing in the region. Through these efforts, the Raab Foundation actively promotes a stronger, more resilient community.




This information is meant to be a general summary of Raab Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$85,208 (2022)
Expenses
$47,943 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $56,615
  • Gross Receipts: $87,100

Assets and Liabilities:

  • Total Assets: $630,503
  • Total Liabilities: $0
  • Net Assets: $630,503

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Organization Details

Founding Year

1989

Principal Officer

Dennis Tesch

Main Address

PO BOX 1244, POULSBO, WA, 98370

NTEE Category

Code: M00 - Public safety

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