2023-11-10T15:11:46-05:00 2022-12-31 814693463 COMPASS US ACCOUNTANTS & ADVISORS 130 ADMIRAL COCHRANE DR SUITE 200 ANNAPOLIS MD 214017368 990PF 2022-01-01 820568453 PHILIP E AND CAROLE R RATCLIFFE FOUNDATION INC PHIL 6674587991 275 WEST ST SUITE 109 ANNAPOLIS MD 21401 CARLENE M CASSIDY CHIEF EXEC OFFICER 6674587991 2023-11-09 true CARLENE CASSIDY 999009999 true THADDEUS N TOAL CPA P00780668 4102240343 2023-11-10 2022 2023-04-26 12:10:37Z X 80321412 X X 289036 287977 1048161 1048161 1550836 19871717 1550836 3566 3566 2891599 2890540 135000 216798 31233 42738 42738 420 40333 319236 309823 559 7401 94 1408 29043 11334 93895 29590 898165 309917 103561 5640000 7334240 6538165 309917 7437801 -3646566 2580623 2826270 1933138 1933138 22276 22276 22276 22276 59712 68000 68000 44803060 40996311 47453965 12080681 9917697 9229545 19383221 2340896 2340896 19271715 2888 677863 19268827 19268827 4765 4765 4765 79857848 74551910 80321412 2432 3060 14049863 12355623 14052295 12358683 X 65805553 62193227 65805553 62193227 79857848 74551910 65805553 -3646566 34240 62193227 62193227 MERRILL LYNCH 9007 ST COVERED P 428967 448402 -19435 -19435 MORGAN STANLEY 1870 ST COVERED P 3328 4155 -827 -827 MERRILL LYNCH 9007 LT COVERED P 5661155 5280224 380931 380931 MORGAN STANLEY 1870 LT COVERED P 347182 244912 102270 102270 GOLDMAN SACHS 60570 ST COVERED P 652164 686367 -34203 -34203 MORGAN STANLEY 1871 ST COVERED P 12985 18900 -5915 -5915 GOLDMAN SACHS 60570 LT COVERED P 1445336 1182577 262759 262759 MORGAN STANLEY 1871 LT COVERED P 139716 102256 37460 37460 GOLDMAN SACHS 61138 ST COVERED P 323052 332041 -8989 -8989 MORGAN STANLEY 1872 ST COVERED P 274578 293725 -19147 -19147 GOLDMAN SACHS 61138 LT COVERED P 2699445 2848932 -149487 -149487 MORGAN STANLEY 1872 LT COVERED P 1045925 784160 261765 261765 GOLDMAN SACHS 61138 LT COVERED ORDIN P 100000 97593 2407 2407 MORGAN STANLEY 9381 ST COVERED P 578779 601253 -22474 -22474 GOLDMAN SACHS 57253 ST NONCOVERED P 133 133 133 MORGAN STANLEY 9381 LT COVERED P 2073713 1740256 333457 333457 GOLDMAN SACHS 57253 ST COVERED P 174308 189060 -14752 -14752 CAPITAL GAINS FROM K-1'S P 113437 113437 113437 GOLDMAN SACHS 57253 LT COVERED P 207262 113251 94011 94011 MORGAN STANLEY 1453 LT COVERED P 1300865 1329002 -28137 -28137 MORGAN STANLEY 1867 LT COVERED P 142409 108608 33801 33801 MORGAN STANLEY 1868 LT COVERED P 760000 671388 88612 88612 MORGAN STANLEY 1869 ST COVERED P 260042 254144 5898 5898 MORGAN STANLEY 1869 LT COVERED P 1126936 989675 137261 137261 1550836 -119711 35871 35871 35871 68000 68000 X 1 32128 32128 false false false false false false false true true MD true false false false true true WWW.RATCLIFFEFOUNDATION.COM CARLENE M CASSIDY 6674587991 275 WEST STREET SUITE 109 ANNAPOLIS MD 21401 false false false false false false false false false false false false false false false false false false false false JAMES D WRIGHT 6445 CLOISTER GATE DRIVE BALTIMORE MD 21212 PRESIDENT 5.00 75000 0 0 TINA DAVENPORT 275 WEST STREET SUITE 109 ANNAPOLIS MD 21401 TRUSTEE 5.00 60000 0 0 JAMES A CLAUSON 2613 CABOVER DRIVE HANOVER MD 21076 TRUSTEE 1.00 0 0 0 CARLENE M CASSIDY 25 UPSHUR AVENUE ANNAPOLIS MD 214034506 CHIEF EXEC O 40.00 185565 23157 MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036 INVESTMENT SVCS 117038 MERRILL LYNCH 200 PARK AVE 13TH FLOOR NEW YORK NY 10166 INVESTMENT SVCS 108752 GOLDMAN SACS 200 WEST STREET NEW YORK NY 10282 INVESTMENT SVCS 75319 N/A 60983002 2253583 0 63236585 63236585 948549 62288036 3114402 3114402 35871 35871 3078531 3078531 3078531 7437801 7437801 3078531 1324973 1109352 2225578 4136620 3552115 12348638 7437801 3078531 4359270 16707908 0 1324973 15382935 1109352 2225578 4136620 3552115 4359270 NONE NONE CARLENE M CASSIDY 275 WEST ST SUITE 109 ANNAPOLIS MD 21401 6674587991 CMCASSIDY@RATCLIFFEFOUNDATION.COM A WRITTEN LETTER REGARDING THE NATURE AND USE OF REQUESTED GRANT, ALONG WITH A COPY OF THE IRS NON-PROFIT DETERMINATION LETTER, IS REQUIRED. THE FOUNDATION HAS NO SUBMISSION DEADLINES. THE FOUNDATION HAS NO RESTRICTIONS OR LIMITATIONS ON AWARDS. AACC FOUNDATION - (ESI) 2022 101 COLLEGE PARKWAY ARNOLD MD 210121895 PC UNRESTRICTED USE BY RECIPIENT 150000 AACC FOUNDATION CLAUSON CENTER 101 COLLEGE PARKWAY ARNOLD MD 210121895 PC UNRESTRICTED USE BY RECIPIENT 100000 BALDWIN WALLACE UNIVERSITY 275 EASTLAND ROAD BEREA OH 44017 PC UNRESTRICTED USE BY RECIPIENT 100000 CCBC 7200 SOLLERS POINT RD BALTIMORE MD 21222 PC UNRESTRICTED USE BY RECIPIENT 100132 CCBC - 2022 7200 SOLLERS POINT RD BALTIMORE MD 21222 PC UNRESTRICTED USE BY RECIPIENT 275000 CHILDREN'S HOME FOUNDATION 215 WALTHAM FARM LAND CENTREVILLE MD 21617 PC UNRESTRICTED USE BY RECIPIENT 70000 DABNEY S LANCASTER CC - SCHOLARSHIP 1000 DABNEY DRIVE CLIFTON FORGE VA 24422 PC UNRESTRICTED USE BY RECIPIENT 30000 EASTERN SHORE COMMUNITY COLLEGE 29316 LANKFORD HWY MELFA VA 23410 PC UNRESTRICTED USE BY RECIPIENT 154000 FERRY COVE SHELLFISH GRANT 2022 21770 LOWEST WHARF ROAD SHERWOOD MD 21665 PC UNRESTRICTED USE BY RECIPIENT 300000 FLORIDA INTERNATIONAL UNIVERSITY 11200 SW 8TH STREET MIAMI FL 33199 PC UNRESTRICTED USE BY RECIPIENT 625000 HARFORD COMMUNITY COLLEGE 401 THOMAS RUN ROAD BEL AIR MD 21015 PC UNRESTRICTED USE BY RECIPIENT 420000 HORIZON OF KENT & QUEEN ANNE'S 116B S LYNCHBURG STREET CHESTERTOWN MD 21620 PC UNRESTRICTED USE BY RECIPIENT 50000 INSTITUTE OF MARINE AND ENVIRONMENT 701 E PRATT STREET BALTIMORE MD 21202 PC UNRESTRICTED USE BY RECIPIENT 236858 MARYLAND INSTITUE COLLEGE OF ART 1300 W MOUNT ROYAL AVE BALTIMORE MD 21217 PC UNRESTRICTED USE BY RECIPIENT 882000 MIAMI CORE '20 1501 NW 9TH AVE 219 MIAMI FL 33136 PC UNRESTRICTED USE BY RECIPIENT 333333 NACCE 1 FEDERAL ST BLDG 101 SPRINGFIELD MA 01105 PC UNRESTRICTED USE BY RECIPIENT 310000 NACCE FOUNDATION OF THE FUTURE PILO 1 FEDERAL ST BLDG 101 SPRINGFIELD MA 01105 PC UNRESTRICTED USE BY RECIPIENT 220000 PROJECT OPPORTUNITY - TRI COUNTY CO 31901 TRI-COUNTY WAY SALISBURY MD 21804 PC UNRESTRICTED USE BY RECIPIENT 106180 SHARI BURKE MEMORIAL SWIM SCHOLARSH 1101 CAMDEN AVENUE SALISBURY MD 21801 PC UNRESTRICTED USE BY RECIPIENT 5000 SU SHORE HATCHERY '18 1101 CAMDEN AVENUE SALISBURY MD 21801 PC UNRESTRICTED USE BY RECIPIENT 200000 SU CENTER FOR ESHIP 1101 CAMDEN AVENUE SALISBURY MD 21801 PC UNRESTRICTED USE BY RECIPIENT 300000 SU SCHOLARSHIP 1101 CAMDEN AVENUE SALISBURY MD 21801 PC UNRESTRICTED USE BY RECIPIENT 27000 SU IMPACT REPORT -2022 1101 CAMDEN AVENUE SALISBURY MD 21801 PC UNRESTRICTED USE BY RECIPIENT 15000 TIDEWATER BOAT PO BOX 1243 NORFOLK VA 23501 PC UNRESTRICTED USE BY RECIPIENT 50000 UB GRANT 2 TUITION 1420 N CHARLES STREET BALTIMORE MD 21201 PC UNRESTRICTED USE BY RECIPIENT 25737 UB 2022 1420 N CHARLES STREET BALTIMORE MD 21201 PC UNRESTRICTED USE BY RECIPIENT 125000 UNIVERSITY OF DELAWARE REEF 83 E MAIN ST 3RD FLOOR NEWARK DE 19716 PC UNRESTRICTED USE BY RECIPIENT 124000 YMCA OF QUEEN ANNE'S COUNTY 1210 VINCIT ST CENTERVILLE MD 21617 PC UNRESTRICTED USE BY RECIPIENT 2000000 7334240 AACC FOUNDATION - (ESI) 2022 101 COLLEGE PARKWAY ARNOLD MD 210121895 PC UNRESTRICTED USE BY RECIPIENT 750000 CCBC - 2022 7200 SOLLERS POINT RD BALTIMORE MD 21222 PC UNRESTRICTED USE BY RECIPIENT 550000 UB 2022 1420 N CHARLES STREET BALTIMORE MD 21201 PC UNRESTRICTED USE BY RECIPIENT 250000 YMCA OF QUEEN ANNE'S COUNTY 1210 VINCIT ST CENTERVILLE MD 21617 PC UNRESTRICTED USE BY RECIPIENT 3000000 4550000 14 289036 14 1048161 18 1550836 MISCELLANOUS INCOME 3566 2888033 3566 2891599 false false false false false false false false false false ACCOUNTING FEES 40333 986 1408 MERRILL LYNCH ACCT 9847 - BONDS 9917697 9229545 MARKETABLE SECURITIES-GOLDMAN SACHS 16702338 19265645 MERRILL LYNCH ACCT 9847-SECURITIES 7802374 9490425 MORGAN STANLEY ACCT1453-SECURITIES 6174568 5712886 MORGAN STANLEY ACCT1867 (9381) 2515803 2636658 MORGAN STANLEY ACCT1868-SECURITIES 1351297 1274300 MORGAN STANLEY ACCT1869-SECURITIES 2600938 3454959 MORGAN STANLEY ACCT1870-SECURITIES 2378986 3500502 MORGAN STANLEY ACCT1871-SECURITIES 778910 1178112 MORGAN STANLEY ACCT1872-SECURITIES 611097 824851 INVESTMENT IN PINNACLE CARE 80000 115627 INVESTMENT VINTAGE IX OFFSHORE AT COST 53895 53895 INVESTMENT IN QUESTMARK PARTNERS III AT COST 145803 145803 LOAN RECEIVABLE AT COST 500000 500000 INVESTMENT IN PER HOLDINGS AT COST 1641198 1641198 INVESTMENT IN TILGHMAN ROAD PROPERTY AT COST FURNITURE 9863 2888 6975 6975 EQUIPMENT - FERRY COVE PROJECT 786519 786519 786519 BUILDING - FERRY COVE PROJECT 17300474 17300474 17300474 LAND - FERRY COVE PROJECT 1174859 1174859 1174859 LEGAL FEES 420 ORGANIZATION EXPENSES 4765 4765 4765 EXPENSES ADVERTISING & MARKETING 167 BANK CHARGES 733 733 DUES & SUBCRIPTIONS 2801 INSURANCE 26101 2586 OFFICE EXPENSES 2271 26271 OTHER EXPENSES 12599 POSTAGE & DELIVERY 660 TELEPHONE 5859 WEBSITE 2465 SUPPLIES & SOFTWARE 25833 REPAIRS & MAINTENANCE 13443 GIFTS 964 ROUNDING ADJUSTMENT -1 MISCELLANOUS INCOME 3566 3566 BOOK/1099 INVESTMENT VARIANCE 17501 DISALLOWED WASH SALES 15048 BEGINNING BALANCE ADJUSTMENT 1221 NON DEDUCTIBLE PENALTY 470 LOAN RECEIVABLE 22276 INVESTMENT FEES 309823 309823 OTHER PROFESSIONAL FEES 4130 PAYROLL SERVICES 5283 FOREIGN TAXES WITHHELD 94 94 OTHER TAXES 7307