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Sumner G Rand Jr Foundation Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$107k (2025)

Expenses
$207k (2025)

Total Assets
$1.33M (2025)

Total Liabilities
$0 (2025)

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$106,782
Expenses
$206,839
Net Income
-$100,057
Net Assets
$1,329,225
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $25,807
24.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $80,975
75.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,329,225
Total Liabilities $0
Net Assets $1,329,225
Compensation
Key Employees and Officers Compensation Related Other
Suzanne Raitt (President) $0 $375,025 $87,076
Gerald Bullock (Vice Preside) $0 $173,124 $59,649
Rich Lowry (Director) $0 $170,874 $50,123
Donald Brown (Secretary/Tr) $0 $0 $0
Susan Brown (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$100,817
Expenses
$109,607
Net Income
-$8,790
Net Assets
$1,464,003
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $43,475
43.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $57,342
56.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,464,003
Total Liabilities $0
Net Assets $1,464,003
Compensation
Key Employees and Officers Compensation Related Other
Suzanne Raitt (President) $0 $358,500 $70,202
Gerald Bullock (V President) $0 $160,945 $44,430
Donald E Brown (Secretary/Tr) $0 $0 $0
Susan Brown (Director) $0 $0 $0
Rich Lowry (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$19,579
Expenses
$109,269
Net Income
-$128,848
Net Assets
$1,403,738
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $25,165
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$44,744
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,403,738
Total Liabilities $0
Net Assets $1,403,738
Compensation
Key Employees and Officers Compensation Related Other
Suzanne Raitt (President) $0 $299,631 $68,065
Gerald Bullock (V President) $0 $150,381 $53,347
Donald E Brown (Secretary/Tr) $0 $0 $0
Susan Brown (Director) $0 $0 $0
Sylvia Tandeciarz (Director) $0 $0 $0

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Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$123,298
Expenses
$106,113
Net Income
$17,185
Net Assets
$1,422,320
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $12,448
10.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $110,850
89.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,422,320
Total Liabilities $0
Net Assets $1,422,320
Compensation
Key Employees and Officers Compensation Related Other
Maria Donoghue Velleca (President) $0 $320,193 $51,035
Gerald Bullock (V President) $0 $145,818 $38,729
Donald E Brown (Secretary/Tr) $0 $0 $0
Susan Brown (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$336,782
Expenses
$84,608
Net Income
$252,174
Net Assets
$1,629,039
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $12,333
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $324,449
96.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,629,039
Total Liabilities $0
Net Assets $1,629,039
Compensation
Key Employees and Officers Compensation Related Other
Maria Donoghue Velleca (President) $0 $330,000 $64,451
John Donahue (Director) $0 $139,176 $48,688
Gerald Bullock (V President) $0 $132,870 $47,436
Donald E Brown (Secretary/Tr) $0 $0 $0
Susan Brown (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$124,751
Expenses
$23,302
Net Income
$101,449
Net Assets
$1,342,234
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $14,366
11.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $110,385
88.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,347,034
Total Liabilities $4,800
Net Assets $1,342,234
Compensation
Key Employees and Officers Compensation Related Other
Katherine Conley (President) $0 $282,683 $71,511
John Donahue (Asst Sec/Ass) $0 $139,001 $48,612
Irving Bullock (V President) $0 $132,870 $47,447
Donald E Brown (Secretary/Tr) $0 $0 $0

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Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$102,520
Expenses
$93,897
Net Income
$8,623
Net Assets
$1,239,197
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $17,416
17.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $85,104
83.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,239,197
Total Liabilities $0
Net Assets $1,239,197
Compensation
Key Employees and Officers Compensation Related Other
Katherine Conley (President) $0 $274,255 $71,120
John Donahue (Asst Sec/Ass) $0 $135,452 $49,464
Irving Bullock (V President) $0 $129,000 $48,359
Donald E Brown (Secretary/Tr) $0 $0 $0

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Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$182,122
Expenses
$139,364
Net Income
$42,758
Net Assets
$1,307,391
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $16,204
8.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $165,918
91.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,315,041
Total Liabilities $7,650
Net Assets $1,307,391
Compensation
Key Employees and Officers Compensation Related Other
Katherine Conley (President) $0 $273,588 $69,927
Irving Bullock (V President) $0 $128,667 $47,036
Donald E Brown (Sec/Treas/Di) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$153,134
Expenses
$27,336
Net Income
$125,798
Net Assets
$1,263,757
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $18,885
12.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $134,249
87.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,263,757
Total Liabilities $0
Net Assets $1,263,757
Compensation
Key Employees and Officers Compensation Related Other
Katherine Conley (President) $0 $262,701 $53,665
Irving Bullock (V President) $0 $123,125 $44,632
Donald E Brown (Sec/Treas/Di) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$65,359
Expenses
$87,902
Net Income
-$22,543
Net Assets
$1,192,977
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $21,236
32.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $44,123
67.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,192,977
Total Liabilities $0
Net Assets $1,192,977
Compensation
Key Employees and Officers Compensation Related Other
Katherine Conley (President) $0 $269,004 $53,746
Virginia Elwell (V President) $0 $188,471 $15,807
Donald E Brown (Sec/Treas/Di) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$94,233
Expenses
$87,400
Net Income
$6,833
Net Assets
$1,198,513
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $26,816
28.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $67,417
71.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,198,513
Total Liabilities $0
Net Assets $1,198,513
Compensation
Key Employees and Officers Compensation Related Other
Katherine Conley (President) $0 $252,033 $59,402
Virginia Elwell (V President) $0 $142,800 $31,604
Donald E Brown (Sec/Treas/Di) $0 $0 $0
Lu Ann Homza (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$76,279
Expenses
$85,348
Net Income
-$9,069
Net Assets
$1,166,794
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $27,250
35.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $49,029
64.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,166,794
Total Liabilities $0
Net Assets $1,166,794
Compensation
Key Employees and Officers Compensation Related Other
Terry L Meyers Phd (Director) $0 $56,093 $26,588
Katherine Conley (Director) $0 $54,178 $20,697
Virginia Elwell (Director) $0 $24,323 $11,859
Donald E Brown (Sec/Treas/Di) $0 $0 $0
Chris Carpenter (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$104,584
Expenses
$30,707
Net Income
$73,877
Net Assets
$1,052,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $37,504
35.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $67,075
64.1%
Net Inventory Sales $0
Other Revenue $5
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,052,475
Total Liabilities $0
Net Assets $1,052,475

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,195
Expenses
$29,835
Net Income
-$26,640
Net Assets
$958,445
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $36,532
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$33,354
Net Inventory Sales $0
Other Revenue $17
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $958,445
Total Liabilities $0
Net Assets $958,445

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$145,561
Expenses
$63,792
Net Income
$81,769
Net Assets
$911,993
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $24,129
16.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $121,253
83.3%
Net Inventory Sales $0
Other Revenue $179
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $911,993
Total Liabilities $0
Net Assets $911,993

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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