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Ravengate Foundation is a private trust based in OLD GREENWICH, CT. The foundation received its IRS ruling in 2000. The principal officer is Bessemer Trust Co. It holds total assets of $1.2M. Annual income is reported at $2K. Total assets have grown from $60K in 2010 to $1.2M in 2022. 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. The foundation primarily funds organizations in Massachusetts, North Carolina and Rhode Island. According to available records, Ravengate Foundation has made 8 grants totaling $200K, with a median grant of $25K. Annual giving has grown from $30K in 2021 to $70K in 2023. Grantmaking activity was highest in 2022 with $100K distributed across 4 grants. Individual grants have ranged from $20K to $30K, with an average award of $25K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Connecticut, Rhode Island, Pennsylvania, which account for 75% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$16K
Largest Grant
$30K
Based on 5 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.
Ravengate Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in CT, RI, PA.
Ravengate Foundation has distributed a total of $200K across 8 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $20K to $30K.
Ravengate Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ravengate Foundation is headquartered in OLD GREENWICH, CT. While based in CT, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patricia Walsh Chadwick | Co-Trustee | $0 | $0 | N/A |
| John D Chadwick | Co-Trustee | $0 | $0 | N/A |
Total Giving
$71K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$70K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$58K
Total: N/A
Total Grants
8
Total Giving
$200K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
5
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Elon UniversityGeneral Support. | Elon, NC | $30K | 2023 |
| Ocean Community UnitedGeneral Support. | Westerly, RI | $20K | 2023 |
| Boston UniversityGeneral Support. | West Boston, MA | $20K | 2023 |
| St Luke'S SchoolGeneral Support. | New Canaan, CT | $30K | 2022 |
| Drexel UniversityGeneral Support | Philadelphia, PA | $20K | 2022 |