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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Philip E and Carole R Ratcliffe Foundation Inc.

Philip E and Carole R Ratcliffe Foundation Inc.

Fiscal year ending 2024. Filed on October 10, 2025.

275 West St Suite 109
Annapolis, Maryland 21401

Philip E and Carole R Ratcliffe Foundation Inc. (EIN: 82-0568453) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Philip E and Carole R Ratcliffe Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $67,500. The highest compensated employee at Philip E and Carole R Ratcliffe Foundation Inc. is James D Wright with fiscal year 2024 compensation of $75,000.

Revenue, expenses, and employee compensation

Revenue

$4,995,073

Expenses

$11,920,061

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

James D Wright
President
$75,000
$75,000 No related compNo other comp
Tina Davenport
Trustee
$60,000
$60,000 No related compNo other comp
James A Clauson
Trustee
$0

Benchmark Employee Compensation

Revisions to this organization profile

October 10, 2025:
2024 Philip E and Carole R Ratcliffe Foundation Inc. 990 filed
November 20, 2024:
Amended (originally filed October 9, 2024)2023 Philip E and Carole R Ratcliffe Foundation Inc. 990 filed
November 10, 2023:
2022 Philip E and Carole R Ratcliffe Foundation Inc. 990 filed

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