Alan M & Mildred S Ravenal Foundation
- Assets
- $2.0m
- Revenue
- $129.1k
- Investments
- $1.9m
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 05/1983
- Data as of
- 08/2023
- EIN
- 52-1292445
Organization Overview
Alan M & Mildred S Ravenal Foundation is located in Bethesda, MD. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alan M & Mildred S Ravenal Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Alan M & Mildred S Ravenal Foundation generated $129.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $150.0k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alan M & Mildred S Ravenal Foundation has awarded 701 individual grants totaling $1,033,003. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earl C Ravenal Trustee | 3 | $0 | |
Rebecca Ravenal Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,677 |
| Dividends & Interest | $40,297 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,164 |
| Capital Gain Net Income | $72,164 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $129,138 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $472 |
| Taxes | $269 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,872 |
| Total operating and administrative expenses | $22,210 |
| Contributions, gifts, grants paid | $127,796 |
| Total expenses and disbursements | $150,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,912 |
| Savings and temporary cash investments | $132,229 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $127,323 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,042,190 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Alan M & Mildred S Ravenal Foundation has awarded $127,796 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
1708 GALLERY PURPOSE: EDUCATIONAL | $500 |
ALLEY CAT RESCUE PURPOSE: CHARITABLE | $500 |
AMERICAN REFUGEE COMMITTEE INTERNATIONAL PURPOSE: CHARITABLE | $1,000 |
AMERICAN CIVIL LIBERTIES UNION (ACLU) PURPOSE: CHARITABLE | $2,500 |
ART 180 PURPOSE: CHARITABLE | $500 |
ASSOC OF ART MUSEUM CURATORS FOUNDATION PURPOSE: EDUCATIONAL | $2,500 |