Each year, the Raikes Foundation files a tax return with the Internal Revenue Service. Our annual return includes Form 990-PF (Return of Private Foundation) and Form 990-T (Exempt Organization Business Income Tax Return). It covers financial information about the foundation’s assets, investments, expenses and grants for the year. The return is typically completed in November for the prior calendar year. We post each year’s return online as soon as it is filed.
In the interest of presenting more timely financial information, we will begin producing an annual report in 2015. The annual report will include consolidated financial statements and a summary of grants and program activities. We expect to publish the annual report each March for the previous calendar year.