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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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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,995,073

Other
68%
Investments
32%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$11,920,061

Grants
79%
Other
15%
Salaries & Benefits
3%
Fees to Service Providers
3%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,430,581
$1,577,291
+10%
Other
$1,699,524
$3,417,782
+101%
Total Revenues
$3,130,105
$4,995,073
+60%
Expenses
2023
2024
Change
Grants
$4,385,491
$9,394,092
+114%
Benefits to Members
$0
$0
-
Salaries & Benefits
$389,699
$403,838
+4%
Fees to Service Providers
$353,459
$359,046
+2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$29,911
$31,485
+5%
Interest
$0
$131
-
Depreciation
$1,409
$1,409
+0%
Other
$151,073
$1,730,060
+1045%
Total Expenses
$5,311,042
$11,920,061
+124%
Net income
2023
2024
Change
Net income
-$2,180,937
-$6,924,988
-218%
Income Statement
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