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Nonprofiteer
← WILLIAM RAVEIS CHARITABLE FUND INC

Form 990 for tax year 2022

Filed by WILLIAM RAVEIS CHARITABLE FUND INC.

Totals

Total revenue
$672,633
Total expenses
$703,714
Contributions and grants received
$526,739
Grants paid
$525,709
Program service revenue
$0
Investment income
$0
Other revenue
$145,894
Total assets, end of year
$487,477
Total liabilities, end of year
$203
Net assets or fund balances, end of year
$487,274
Program services expenses (Part IX)
$525,709
Management and general expenses
$111,164
Fundraising expenses
$66,841
Program service expenses (Part III)
$525,709

Program services were 74.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $273,443

  • 1f · All other contributions, gifts and grants

    $253,296

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $273,443

  • 8b · Fundraising events: direct expenses

    $38,375

  • 8c · Net income from fundraising events

    total -$38,375 · excluded -$38,375

  • 9a · Gaming: gross income

    $59,313

  • 9b · Gaming: direct expenses

    $15,100

  • 9c · Net income from gaming

    total $44,213 · excluded $44,213

  • 11a · Other revenue: FORGIVENESS OF DEBT

    total $140,056 · excluded $140,056

  • 11e · Other revenue, total

    $140,056

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $525,709 · program services $525,709

  • 7 · Other salaries and wages

    total $63,933 · management and general $63,933

  • 9 · Other employee benefits

    total $4,914 · management and general $4,914

  • 10 · Payroll taxes

    total $5,524 · management and general $5,524

  • 11c · Fees: accounting

    total $14,550 · management and general $14,550

  • 11e · Fees: professional fundraising services

    total $24,893 · fundraising $24,893

  • 11g · Fees: other

    total $10,119 · fundraising $10,119

  • 12 · Advertising and promotion

    total $26,829 · fundraising $26,829

  • 13 · Office expenses

    total $1,759 · management and general $1,759

  • 14 · Information technology

    total $5,000 · fundraising $5,000

  • 24a · Other expenses: BANK FEES

    total $15,757 · management and general $15,757

  • 24b · Other expenses: TAXES & PERMITS

    total $2,827 · management and general $2,827

  • 24c · Other expenses: MISCELLANEOUS

    total $1,900 · management and general $1,900

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $529,965 · end of year $472,928

  • 3 · Pledges and grants receivable

    beginning of year $293

  • 4 · Accounts receivable

    end of year $14,121

  • 9 · Prepaid expenses and deferred charges

    beginning of year $424 · end of year $428

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,327 · end of year $203

  • 27 · Net assets without donor restrictions

    beginning of year $161,145 · end of year -$33,824

  • 28 · Net assets with donor restrictions

    beginning of year $357,210 · end of year $521,098

Mission and programs · 2022

Mission

THE MISSION OF WILLIAM RAVEIS CHARITABLE FUND, INC. IS TO RAISE AWARENESS FOR AND SUPPORT CANCER RESEARCH BY PARTNERING WITH THE DAMON RUNYON CANCER RESEARCH FOUNDATION AND THE DANA-FARBER CANCER INSTITUTE.

  • TO SUPPORT CUTTING-EDGE RESEARCH AGAINST ALL FORMS OF CANCER.THE CHARITABLE FUND HAS CHOSEN TO PARTNER WITH THE DAMON RUNYON CANCER RESEARCH FOUNDATION, WHICH FUNDS THE MOST PROMISING SCIENTISTS CONDUCTING CUTTING-EDGE CANCER RESEARCH; AND THE DANA-FARBER CANCER INSTITUTE WHICH IS COMMITTED TO PROVIDING ADULTS AND CHILDREN WITH CANCER, THE BEST TREATMENT AVAILABLE WHILE ALSO DEVELOPING TOMORROW'S CURES THROUGH CUTTING-EDGE RESEARCH. THE CHARITABLE FUND HAS RAISED $4 MILLION FOR DAMON RUNYON OVER THEIR EIGHTH-YEAR COLLABORATION AND FOR DANA-FARBER OVER THEIR THREE YEAR COLLABORATION. THE WILLIAM RAVEIS CHARITABLE FUND HAS FUNDED 24 SCIENTISTS WHO ARE RESEARCHING 11 DIFFERENT TYPES OF CANCER AT 10 DIFFERENT INSTITUTIONS IN CONNECTICUT, MASSACHUSETTS AND NEW YORK. ADDITIONALLY, 100% OF DONATIONS GO TO THE DAMON RUNYON CANCER RESEARCH FOUNDATION & THE DANA-FARBER CANCER INSTITUTE.

    Expenses $525,709 · Grants $525,709

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Meghan Raveis

    MANAGING DIRECTOR

    Total calculated
    $50,000
    From this org
    $0
    From related orgs
    $50,000
    Other
    $0
    Hours/week
    40

  • William M Raveis Jr

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ryan Raveis

    TREASURER/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christopher Raveis

    SECRETARY/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Candace Raveis

    VICE PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peter Ambrose

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • WILLIAM RAVEIS REAL ESTATE INC

    S · REAL ESTATE BROKER · CT

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323189349310457

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