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PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC

PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC

Annapolis, MD, US
•
501(c)3
•
EIN
82-0568453
•
WWW.RATCLIFFEFOUNDATION.COM
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
funder logo

PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC

Annapolis, MD, US
•
501(c)3
•
EIN
82-0568453
•
WWW.RATCLIFFEFOUNDATION.COM
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
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Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$62,529,008

Investments
52%
Property, Plant, & Equipment (net)
31%
Cash & Equivalents
17%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$9,466,981

Grants Payable
>99%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$1,939,982
$10,614,906
+447%
Receivables (Non-Related)
$22,276
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,205
-
-
Investments
$47,383,982
$32,297,513
-32%
Property, Plant, & Equipment (net)
$19,389,893
$19,609,437
+1%
Other Assets
$4,765
$7,152
+50%
Total Assets
$68,749,103
$62,529,008
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$4,373
$12,984
+197%
Grants Payable
$8,770,547
$9,453,997
+8%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$8,774,920
$9,466,981
+8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$59,974,183
$53,062,027
-12%
Net assets
2023
2024
Change
Net assets
+$59,974,183
+$53,062,027
-12%
Balance Sheet
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