Form 990 for tax year 2023
Filed by WILLIAM RAVEIS CHARITABLE FUND INC.
Totals
- Total revenue
- $597,178
- Total expenses
- $586,277
- Contributions and grants received
- $637,741
- Grants paid
- $479,329
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$40,563
- Total assets, end of year
- $498,175
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $498,175
- Program services expenses (Part IX)
- $479,329
- Management and general expenses
- $97,064
- Fundraising expenses
- $9,884
- Program service expenses (Part III)
- $479,329
Program services were 81.8% 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
$306,995
-
1d · Related organizations
$69,919
-
1f · All other contributions, gifts and grants
$260,827
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$306,995
-
8b · Fundraising events: direct expenses
$40,563
-
8c · Net income from fundraising events
total -$40,563 · excluded -$40,563
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $479,329 · program services $479,329
-
7 · Other salaries and wages
total $44,038 · management and general $44,038
-
9 · Other employee benefits
total $1,923 · management and general $1,923
-
10 · Payroll taxes
total $2,051 · management and general $2,051
-
11c · Fees: accounting
total $20,800 · management and general $20,800
-
12 · Advertising and promotion
total $12,940 · management and general $3,056 · fundraising $9,884
-
24a · Other expenses: BANK FEES
total $23,801 · management and general $23,801
-
24b · Other expenses: MISCELLANEOUS
total $1,036 · management and general $1,036
-
24c · Other expenses: TAXES & PERMITS
total $359 · management and general $359
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $472,928 · end of year $497,480
-
4 · Accounts receivable
beginning of year $14,121 · end of year $602
-
9 · Prepaid expenses and deferred charges
beginning of year $428 · end of year $93
-
17 · Accounts payable and accrued expenses
beginning of year $203
-
27 · Net assets without donor restrictions
beginning of year -$33,824 · end of year -$74,229
-
28 · Net assets with donor restrictions
beginning of year $521,098 · end of year $572,404
Mission and programs · 2023
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 $479,329 · Grants $479,329
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Meghan RaveisMEGHAN RAVEIS
MANAGING DIRECTOR UNTIL 06/23
- Total calculated
- $26,923
- From this org
- $0
- From related orgs
- $26,923
- Other
- $0
- Hours/week
- 40
-
William M Raveis JrWILLIAM M RAVEIS JR
PRESIDENT/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan RaveisRYAN RAVEIS
TREASURER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher RaveisCHRISTOPHER RAVEIS
SECRETARY/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Candace RaveisCANDACE RAVEIS
VICE PRESIDENT/DIRECTOR UNTIL 12/23
- Total calculated
- $0
- Hours/week
- 1
-
Peter AmbrosePETER 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
-
$342,535
TO SUPPORT CUTTING-EDGE RESEARCH TO FIND TREATMENTS AND CURES FOR ALL FORMS OF CANCER.
-
$115,000
TO SUPPORT CUTTING-EDGE RESEARCH TO FIND TREATMENTS AND CURES FOR ALL FORMS OF CANCER.
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
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349312023
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.