Skip to main content
Filing year 2024

PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC

Annapolis, Maryland·EIN 82-0568453·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5M
Total assets
$62.5M
Total expenses
$11.9M
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Maryland.

President
Board President
Median to 75th percentile
$75k
$80k
Trustee
Board Member
75th to 90th percentile
$60k
$64k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$8.7M

Itemized grants

24

Median grant

$208k

RecipientLocationPurposeAmount
YMCA OF QUEEN ANNE'S COUNTY - 2020CENTERVILLE, MDUNRESTRICTED USE BY RECIPIENT$3M
FERRY COVE SHELLFISH - 2024SHERWOOD, MDUNRESTRICTED USE BY RECIPIENT$1M
CCBC - 2024BALTIMORE, MDUNRESTRICTED USE BY RECIPIENT$811k
MICABALTIMORE, MDUNRESTRICTED USE BY RECIPIENT$441k
MOUNTAIN GATEWAY CC - 2024CLIFTON, VAUNRESTRICTED USE BY RECIPIENT$400k
FIU - 2024MIAMI, FLUNRESTRICTED USE BY RECIPIENT$380k
FIU FL INTERNATIONAL UNIVERSITYMIAMI, FLUNRESTRICTED USE BY RECIPIENT$313k
AACC FOUNDATION - ESI 2022ARNOLD, MDUNRESTRICTED USE BY RECIPIENT$300k
SU - 2023SALISBURY, MDUNRESTRICTED USE BY RECIPIENT$300k
CCBC - 2022BALTIMORE, MDUNRESTRICTED USE BY RECIPIENT$275k
IMET REEF - 2023BALTIMORE, MDUNRESTRICTED USE BY RECIPIENT$271k
NACCE - 2023SPRINGFIELD, MAUNRESTRICTED USE BY RECIPIENT$240k
PATRICK & HENRY CC - 2024MARTINSVILLE, VAUNRESTRICTED USE BY RECIPIENT$176k
WASHINGTON COLLEGE - 2024CHESTERTOWN, MDUNRESTRICTED USE BY RECIPIENT$152k
UNIVERSITY OF DELAWARE REEFNEWARK, DEUNRESTRICTED USE BY RECIPIENT$149k
PAUL D CAMP CC - 2024FRANKLIN, VAUNRESTRICTED USE BY RECIPIENT$125k
PROJECT OPPORTUNITY - 2023SALISBURY, MDUNRESTRICTED USE BY RECIPIENT$95k
CHILDREN'S HOME 2024CENTREVILLE, MDUNRESTRICTED USE BY RECIPIENT$70k
TIDEWATER BOAT - 2024NORFOLK, VAUNRESTRICTED USE BY RECIPIENT$60k
HAGERSTOWN CC - 2024BEL AIR, MDUNRESTRICTED USE BY RECIPIENT$54k
HORIZONS OF KENT & QUEEN - 2023CHESTERTOWN, MDUNRESTRICTED USE BY RECIPIENT$50k
MOUNTAIN GATEWAY CC - SCHOLARSHIPSCLIFTON, VAUNRESTRICTED USE BY RECIPIENT$30k
OPEN WORKS - 2024BALTIMORE, MDUNRESTRICTED USE BY RECIPIENT$17k
HEALS INCHUNTSVILLE, ALUNRESTRICTED USE BY RECIPIENT$3k
Compare this foundation's grantees

Held steady
from 2023

From $75k in 2023 to $75k in 2024.

$75k
2023
$75k
2024
In today's dollarsEst.
Down 3% in real terms$82k to $80k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 60%.

$75k in 2023 to $75k in 2024.
  • Board Member pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC

What does the Board President of PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC earn?

In 2024, the Board President of PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC received $75,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Maryland, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Maryland, the 2024 pay of the Board President at PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC equaled 0.6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC's revenue and expenses?

In 2024, PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC reported $5M in total revenue and $11.9M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.