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Raymond James Charitable Endowment Fund

St Petersburg, FL · EIN 59-3652538 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending March 31, 2025 (tax year 2024) · View the filing · Correct or respond

Raymond James Charitable Endowment Fund reported $955.1 million in revenue and $478.1 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $97.79 went to program services, $2.17 to management and general costs and $0.04 to fundraising. Its largest source of revenue was contributions and grants: 86.6% of the total. The highest compensation it reported for one person was $18,000 (TRUSTEE). Revenue rose 184% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $478M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $955M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
97.8%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
2.2%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
86.6%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$18,000$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.00%1.56%
People paid over $100,000
Part VII, line 2
03
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
59.256.6
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$467M expenses · 100.0% of program spending · grants $462M · revenue $28,188

The rjcef operates donor-advised funds as the core of its charitable operations. During the current fiscal year, the number of donor advised funds increased to 11,262. The rjcef board of trustees launched its grant initiative program during the period, accepting applications and supporting a variety of organizations from its general funds in addition to grants distributed from donor advised funds. The rjcef made grants to different 501(c)(3) public charities during the fiscal year. Total grant expense paid or accrued amounted to $462,100,088. The grants were made to U.S. Irs approved…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
TRUSTEE
Director/trustee, 0.5 hrs/week
$18,000$0$0$18,000
TRUSTEE
Director/trustee, 0.5 hrs/week
$18,000$0$0$18,000
TRUSTEE
Director/trustee, 0.5 hrs/week
$16,500$0$0$16,500
TRUSTEE/CHAIRMAN
Director/trustee, officer, 0.5 hrs/week
$15,500$0$0$15,500

0 people received more than $100,000 in reportable compensation from Raymond James Charitable Endowment Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $82,000 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$250M$500M$750M$1.00BFY2020FY2021FY2022FY2023FY2024FY2025$955M$478M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$955M$478M97.8%$2.36B$18,000
FY2024 ⓘ$580M$326M97.5%$1.92B$24,000
FY2023 ⓘ$408M$259M99.0%$1.50B$17,000
FY2022 ⓘ$762M$391M99.4%$1.45B$16,500
FY2021 ⓘ$359M$174M97.2%$1.15B$15,500
FY2020 ⓘ$336M$142M99.3%$764M$11,150

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Private foundation grants it received

3 private foundations reported grants to Raymond James Charitable Endowment Fund totaling $5.6M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Raymond James Charitable Endowment Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Raymond James Charitable Endowment Fund, you can publish a response that is linked from this page.

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Questions people ask

How much of Raymond James Charitable Endowment Fund's spending goes to programs?

In the fiscal year ending March 31, 2025, Raymond James Charitable Endowment Fund reported that 97.8% of its $478.1 million in expenses went to program services, 2.2% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Raymond James Charitable Endowment Fund pay its top executive?

The largest total compensation Raymond James Charitable Endowment Fund reported for one person in the fiscal year ending March 31, 2025 was $18,000, for the role of TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Raymond James Charitable Endowment Fund get its money?

Of $955.1 million in revenue in the fiscal year ending March 31, 2025, 86.6% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Raymond James Charitable Endowment Fund a registered charity?

The IRS lists EIN 59-3652538 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202630489349300743 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202520499349301607 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202430469349302713 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202320469349302162 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202240359349300124 · read the filing
  • FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202130279349300023 · read the filing

All filings for EIN 59-3652538: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.