Raymond James Charitable Endowment Fund
Raymond James Charitable Endowment Fund
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About this organization
Mission
To make contributions to charities and governments.
About
The RJCEF operates donor-advised funds as the major part of its charitable operations and conducts its funds in accordance with the requirements imposed for the maintenance of such funds. At the beginning of April 2018, the RJCEF maintained 3,665 donor advised accounts. During the fiscal year an additional 931 donor advised funds were established while 104 were closed. The number of donor advised accounts at the end of the period was 4,492. During the fiscal year, the RJCEF made 21,565 cash grants to different 501(c)(3) public charities totaling $104,437,231. In addition, 226 grants totaling $592,304 were accrued during the period but unpaid fiscal year end. Total grant expense amounted to $105,029,535 or 19.2% of the beginning of the year net assets were paid or accrued. The grants were made to organizations in the following broad categories: - 4.16% to arts, culture and museums organizations - 20.53% to education and schools organizations - 4.03% to environment and animals organizations - 38.5% to faith based organizations - 8.05% to medicine and science organizations - 17.65% to social services organizations - 7.08% to various other public charitable organizations
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “To make contributions (a) to charities which are exempt from federal income taxation under section 501(c)(3) of the internal revenue code or for the charitable purposes of such charities, (b) to states, territories or possessions of the united states or any political subdivision or to the united states or district of columbia for a charitable purpose, or (c) for any public charitable purpose described in section 501(c)(3) and permitted under the laws of florida.”.
When referring to its tasks, they were described as: “To make contributions to charities and governments.”.
- The non-profit is operating legally in the state of FL.
- The non-profit's address for the year 2020 is listed as PO BOX 23559, ST PETERSBURG, FL, 337423559 in the filing.
- The form submitted by the non-profit organization for 2020 reports 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $126,006,642.
- The organization has 5 independent voting members.
- The organization was formed in 2000.
- The organization pays $4,269,529 in salary, compensation, and benefits to its employees.
- The organization pays $169,653 in fundraising expenses.
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