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Phillip And Susan Ragon Foundation is a private trust based in CAMBRIDGE, MA. The foundation received its IRS ruling in 2005. The principal officer is Susan M Ragon. It holds total assets of $26.9M. Annual income is reported at $13.2M. Total assets have grown from $1.3M in 2011 to $20.8M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Phillip And Susan Ragon Foundation has made 7 grants totaling $115.7M, with a median grant of $200K. Annual giving has decreased from $115.3M in 2021 to $400K in 2022. Individual grants have ranged from $100K to $85M, with an average award of $16.5M. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$300K
Average Grant
$9.7M
Largest Grant
$28.6M
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Phillip And Susan Ragon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MA.
Phillip And Susan Ragon Foundation has distributed a total of $115.7M across 7 grants. The median grant size is $200K, with an average of $16.5M. Individual grants have ranged from $100K to $85M.
Phillip And Susan Ragon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Phillip And Susan Ragon Foundation is headquartered in CAMBRIDGE, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan M Ragon | TRUSTEE | $0 | $0 | N/A |
| Phillip T Ragon | TRUSTEE | $0 | $0 | N/A |
Total Giving
$51.5M
Total Assets
$20.8M
Fair Market Value
$20.9M
Net Worth
$20.8M
Grants Paid
$51.4M
Contributions
N/A
Net Investment Income
$9.8M
Distribution Amount
$3.2M
Total Grants
7
Total Giving
$115.7M
Average Grant
$16.5M
Median Grant
$200K
Unique Recipients
5
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Camp Harbor ViewTO CARRY ON CHARITABLE ORGANIZATION'S ACTIVITIES | Boston, MA | $200K | 2022 |
| Archdiocese Of BostonTO CARRY ON CHARITABLE ORGANIZATION'S ACTIVITIES | Braintree, MA | $100K | 2022 |
| Cambridge Community FoundationTO CARRY ON CHARITABLE ORGANIZATION'S ACTIVITIES | Cambridge, MA | $100K | 2022 |
| Massachusetts General HospitalTO CARRY ON CHARITABLE ORGANIZATION'S ACTIVITIES | Boston, MA | $85M | 2021 |
| Massachusetts Institute Of TechnologyTO CARRY ON CHARITABLE ORGANIZATION'S ACTIVITIES | Cambridge, MA | $30M | 2021 |