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RAFT CHARITABLE FOUNDATION

SIOUX FALLS, SD 376439235

The RAFT Charitable Foundation, located in Sioux Falls, SD, supports arts, education, and human services across several U.S. cities, managing over $21 million in assets with trustees including Dorsey Whitney Trust Company LLC.

Overview

About RAFT CHARITABLE FOUNDATION

The RAFT Charitable Foundation, based in Sioux Falls, South Dakota, manages assets totaling over $21 million and incurs expenses of approximately $1.7 million annually. The foundation generates a revenue of about $1.37 million. It focuses its funding efforts on a variety of subject areas including arts and culture, education, higher education, information and communications, libraries, and human services. The foundation supports projects in several cities across the United States, including Cumberland, Columbia Heights, Duluth, Little Rock, Minneapolis, Roseville, Shoreview, St. Paul, Washington, and Woodbury, spanning states such as Arkansas, Washington D.C., Minnesota, and Wisconsin. The foundation is managed by trustees, including Dorsey Whitney Trust Company LLC and Faye L. Youngren, with the former receiving compensation for their role.

Focus areas

Arts and cultureEducationHigher educationInformation and communicationsLibrariesHuman services- Less

Geographic focus

ARDCMNWI
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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key statistics
Total Assets $21.3M
Total Awarded This Year $1.6M
Average Grant Size $48K
Total Grants (Previous Year) 7,061
Open to New Applicants
false
% New Applicants Funded
0%
Contact information
SIOUX FALLS, SD, US
Geographic Funding Distribution

Financials

Total assets
$21,301,036

in 2024, compared to $21,662,815 in 2023

Annual grants
$1,550,000

32 grants awarded in 2024

Program expenses
85%

Of total expenses go to programs

Annual grant distribution
Revenue vs expenses
Assets over time

Grants

Grant awards
PurposeLocation
$260,000HAMLINE UNIVERSITY OF MINNESOTA100,000 UNRESTRICTED;1536 HEWITT AVE ST PAUL, MN US2022
$260,000HAMLINE UNIVERSITY OF MINNESOTA100,000 UNRESTRICTED;1536 HEWITT AVE ST PAUL, MN US2023
$260,000HAMLINE UNIVERSITY OF MINNESOTA100,000 UNRESTRICTED;1536 HEWITT AVE ST PAUL, MN US2024
$230,000MINNESOTA TEEN CHALLENGE INC100,000 GENERAL FUND;740 EAST 24TH STREET MINNEAPOLIS, MN US2022
$230,000MINNESOTA TEEN CHALLENGE INC100,000 GENERAL FUND;740 EAST 24TH STREET MINNEAPOLIS, MN US2023
$230,000MINNESOTA TEEN CHALLENGE INC100,000 GENERAL FUND;740 EAST 24TH STREET MINNEAPOLIS, MN US2024
$140,000AMERICAN RED CROSSDISASTER RELIEF AND GENERAL431 18 ST NW WASHINGTON, DC US2023
$130,000THE SALVATION ARMYGENERAL OPERATING2445 PRIOR AVENUE NORTH ROSEVILLE, MN US2023
$100,000MANY RIVERS MONTESSORIGENERAL OPERATING110 W REDWING ST Duluth, MN US2022
$100,000AMERICAN NATIONAL RED CROSS$50,000 DULUTH-AREA $50,000431 18 ST NW WASHINGTON, DC US2022
89 row(s) total.

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People

Leadership & staff

Compensation data from most recent available 990 forms

Title
DWTCL
DORSEY WHITNEY TRUST COMPANY LLC
TRUSTEE$1828732022
DWTCL
DORSEY WHITNEY TRUST COMPANY LLC
TRUSTEE$1686182023
DWTCL
DORSEY WHITNEY TRUST COMPANY LLC
TRUSTEE$1617192024
FLY
FAYE L YOUNGREN
TRUSTEE$02022
FLY
FAYE L YOUNGREN
TRUSTEE$02023
FLY
FAYE L YOUNGREN
TRUSTEE$02024
6 row(s) total.

Rows per page

Page 1 of 1

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025