2025-10-10T12:17:03-04:00 2024-12-31 814693463 COMPASS US ACCOUNTANTS & ADVISORS 130 ADMIRAL COCHRANE DR SUITE 200 ANNAPOLIS MD 214017368 990PF 2024-01-01 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 2025-10-09 true true THADDEUS N TOAL CPA P00780668 4102240343 2025-10-10 2024 2025-03-06 01:10:19Z X 72739833 X X 653472 653467 923819 923819 3382368 26549768 3382368 35414 35414 4995073 4995068 135000 226020 226020 42818 42818 37250 321796 301402 131 65689 5 65242 1409 31485 27439 1636932 2525969 301407 65242 268838 9394092 8710642 11920061 301407 65242 8979480 -6924988 4693661 1939982 10614906 10614906 22276 8205 34803628 31625324 41439332 10224603 2355751 672189 1069006 19615143 5706 19389893 19609437 19609437 4765 7152 7152 68749103 62529008 72739833 4373 12984 8770547 9453997 8774920 9466981 X 59974183 53062027 59974183 53062027 68749103 62529008 59974183 -6924988 22198 53071393 9366 53062027 ML 9007 ST COVERED P 2610761 2627369 -16608 -16608 MS RF 1870 ST COVERED P 73285 65726 7559 7559 ML 9007 LT COVERED P 12489156 11686181 802975 802975 MS RF 1870 LT COVERED P 1241220 761556 479664 479664 GS MAIN 0570 ST COVERED P 697020 664648 32372 32372 MS RF 1871 ST COVERED P 276442 265721 10721 10721 GS MAIN 0570 LT COVERED P 1913780 1293977 619803 619803 MS RF 1871 LT COVERED P 1277064 746144 530920 530920 GS GOV CORP 1138 ST COVERED P 244348 238174 6174 6174 MS RF 1872 ST COVERED P 31901 33788 -1887 -1887 GS GOV CORP 1138 LT COVERED P 881446 919670 -38224 -38224 MS RF 1872 LT COVERED P 284179 210643 73536 73536 GS GOV CORP 1138 NONCOVERED 227,300 P 217824 216689 1135 1135 MS RF 9381 ST COVERED P 263943 279907 -15964 -15964 GS APERIO 7253 ST NONCOVERED P 86 86 86 MS RF 9381 LT COVERED P 727347 608723 118624 118624 GS APERIO 7253 ST COVERED P 40617 42254 -1637 -1637 K-1 BLACKSTONE PER HOLDINGS P 456 -456 -456 GS APERIO 7253 LT COVERED P 254778 87746 167032 167032 K-1 QUESTMARK PARTNERS III P 92777 -92777 -92777 MS RF 1453 ST COVERED P 699638 679175 20463 20463 K-1 VINTAGE IX P 1935 1935 1935 MS RF 1453 LT COVERED P 250062 242713 7349 7349 CAPITAL GAIN DISTRIBUTIONS P 122075 122075 122075 MS RF 1869 ST COVERED P 463200 409848 53352 53352 MS RF 1869 LT COVERED P 1454373 992051 462322 462322 MS RF 1869 LT NONCOVERED P 33288 1464 31824 31824 3382368 3382368 65242 65242 65242 55801 55801 9441 false false false false false false false true true MD true false false false false 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 195020 25170 MORGAN STANLEY 1585 BROADWAY NEW YORK NY 10036 INVESTMENT SVCS 137694 MERRILL LYNCH 200 PARK AVE 13TH FLOOR NEW YORK NY 10166 INVESTMENT SVCS 85153 N/A 55101167 2424506 0 57525673 57525673 862885 56662788 2833139 2833139 65242 65242 2767897 2767897 2767897 8979480 8979480 2767897 2225578 4136620 3552115 4359270 5362129 19635712 8979480 2767897 6211583 25847295 0 2225578 23621717 4136620 3552115 4359270 5362129 6211583 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 300000 CCBC - 2022 7200 SOLLERS POINT RD BALTIMORE MD 21222 PC UNRESTRICTED USE BY RECIPIENT 275000 CCBC - 2024 7200 SOLLERS POINT RD BALTIMORE MD 21222 PC UNRESTRICTED USE BY RECIPIENT 810913 CHILDREN'S HOME 2024 215 WALTHAM FARM LAND CENTREVILLE MD 21617 PC UNRESTRICTED USE BY RECIPIENT 70000 FIU - 2024 11200 SW 8TH STREET MIAMI FL 33199 PC UNRESTRICTED USE BY RECIPIENT 380000 FIU FL INTERNATIONAL UNIVERSITY 11200 SW 8TH STREET MIAMI FL 33199 PC UNRESTRICTED USE BY RECIPIENT 312500 HAGERSTOWN CC - 2024 401 THOMAS RUN RD BEL AIR MD 21015 PC UNRESTRICTED USE BY RECIPIENT 53526 HORIZONS OF KENT & QUEEN - 2023 116B S LYNCHBURG STREET CHESTERTOWN MD 21620 PC UNRESTRICTED USE BY RECIPIENT 50000 IMET REEF - 2023 701 E PRATT STREET BALTIMORE MD 21202 PC UNRESTRICTED USE BY RECIPIENT 270656 MICA 1300 W MOUNT ROYAL AVE BALTIMORE MD 21217 PC UNRESTRICTED USE BY RECIPIENT 441000 MOUNTAIN GATEWAY CC - SCHOLARSHIPS 1000 COLLEGE DRIVE CLIFTON VA 24422 PC UNRESTRICTED USE BY RECIPIENT 30000 MOUNTAIN GATEWAY CC - 2024 1000 COLLEGE DRIVE CLIFTON VA 24422 PC UNRESTRICTED USE BY RECIPIENT 400000 NACCE - 2023 1 FEDERAL ST BLDG 101 SPRINGFIELD MA 01105 PC UNRESTRICTED USE BY RECIPIENT 240000 OPEN WORKS - 2024 1400 GREENMOUNT AVENUE BALTIMORE MD 21202 PC UNRESTRICTED USE BY RECIPIENT 16500 PATRICK & HENRY CC - 2024 645 PATRIOT AVENUE MARTINSVILLE VA 24112 PC UNRESTRICTED USE BY RECIPIENT 176267 PAUL D CAMP CC - 2024 100 N COLLEGE DRIVE FRANKLIN VA 23851 PC UNRESTRICTED USE BY RECIPIENT 125000 PROJECT OPPORTUNITY - 2023 31901 TRI-COUNTY WAY SALISBURY MD 21804 PC UNRESTRICTED USE BY RECIPIENT 94971 SU - 2023 1101 CAMDEN AVENUE SALISBURY MD 21801 PC UNRESTRICTED USE BY RECIPIENT 300000 TIDEWATER BOAT - 2024 PO BOX 1243 NORFOLK VA 23501 PC UNRESTRICTED USE BY RECIPIENT 60000 UNIVERSITY OF DELAWARE REEF 83 E MAIN ST 3RD FLOOR NEWARK DE 19716 PC UNRESTRICTED USE BY RECIPIENT 149200 WASHINGTON COLLEGE - 2024 300 WASHINGTON AVENUE CHESTERTOWN MD 21620 PC UNRESTRICTED USE BY RECIPIENT 152000 YMCA OF QUEEN ANNE'S COUNTY - 2020 1210 VINCIT ST CENTERVILLE MD 21617 PC UNRESTRICTED USE BY RECIPIENT 3000000 FERRY COVE SHELLFISH - 2024 21770 LOWEST WHARF ROAD SHERWOOD MD 21665 PC UNRESTRICTED USE BY RECIPIENT 1000000 HEALS INC 515 SPARKMAN DRIVE HUNTSVILLE AL 35816 PC UNRESTRICTED USE BY RECIPIENT 3109 8710642 CCBC - 2024 7200 SOLLERS POINT RD BALTIMORE MD 21222 PC UNRESTRICTED USE BY RECIPIENT 2041665 CHILDREN'S HOME 2024 215 WALTHAM FARM LAND CENTREVILLE MD 21617 PC UNRESTRICTED USE BY RECIPIENT 140000 FIU - 2024 11200 SW 8TH STREET MIAMI FL 33199 PC UNRESTRICTED USE BY RECIPIENT 1900000 HAGERSTOWN CC - 2024 401 THOMAS RUN RD BEL AIR MD 21015 PC UNRESTRICTED USE BY RECIPIENT 107662 NACCE - 2023 - ADDED TO GRANT 2024 1 FEDERAL ST BLDG 101 SPRINGFIELD MA 01105 PC UNRESTRICTED USE BY RECIPIENT 70000 OPEN WORKS - 2024 1400 GREENMOUNT AVENUE BALTIMORE MD 21202 PC UNRESTRICTED USE BY RECIPIENT 51500 PAUL D CAMP CC - 2024 100 N COLLEGE DRIVE FRANKLIN VA 23851 PC UNRESTRICTED USE BY RECIPIENT 125000 TIDEWATER BOAT - 2024 PO BOX 1243 NORFOLK VA 23501 PC UNRESTRICTED USE BY RECIPIENT 120000 WASHINGTON COLLEGE - 2024 300 WASHINGTON AVENUE CHESTERTOWN MD 21620 PC UNRESTRICTED USE BY RECIPIENT 1694000 ORP FARM MGMT TOOL 1805 VIRGINIA ST ANNAPOLIS MD 21401 PC UNRESTRICTED USE BY RECIPIENT -75000 SU SCHOLARSHIP 1308 CAMDEN AVE SALISBURY MD 21801 PC UNRESTRICTED USE BY RECIPIENT -28050 6146777 14 653472 14 923819 18 3382368 MISCELLANOUS INCOME 35414 4959659 35414 4995073 false false false false false false false false false false ACCOUNTING FEES 37250 3803 1409 MERRILL LYNCH ACCT 9847 - BONDS MARKETABLE SECURITIES-GOLDMAN SACHS 13580270 17440232 MORGAN STANLEY ACCT1453-SECURITIES 4761713 4859276 MERRILL LYNCH ACCT 9847-SECURITIES MORGAN STANLEY ACCT1870-SECURITIES 1868258 2847157 MORGAN STANLEY ACCT1869-SECURITIES 2401277 3886310 MORGAN STANLEY ACCT1867 (9381) 1879168 2587508 MORGAN STANLEY ACCT1871-SECURITIES MORGAN STANLEY ACCT1872-SECURITIES 784162 1039691 MORGAN STANLEY ACCT1868-SECURITIES 419844 568106 MERRILL LYNCH ACCT02381-SECURITIES 497500 498760 MERRILL LYNCH ACCT 02547-SECURITIE 4028686 6279787 MORGAN STANLEY ACCT 188714-SECURITI 1404446 1432505 INVESTMENT IN PER HOLDINGS AT COST 67634 464451 LOAN RECEIVABLE AT COST INVESTMENT VINTAGE IX OFFSHORE AT COST 604555 604555 INVESTMENT IN QUESTMARK PARTNERS III AT COST BUILDING - FERRY COVE PROJECT 17456695 17456695 17456695 EQUIPMENT - FERRY COVE PROJECT 965116 965116 965116 FURNITURE 9863 5706 4157 4157 FURNITURE - FERRY COVE PROJECT 3674 3674 3674 LAND - FERRY COVE PROJECT 1179795 1179795 1179795 ORGANIZATION EXPENSES 4765 4765 4765 K-1 QUESTMARK DISTRIB. RECEIVABLE 2387 2387 BOOK/1099 INVESTMENT VARIANCE 9366 EXPENSES INSURANCE 31753 PORTFOLIO EXPENSES 25291 OFFICE EXPENSES 4199 EQUIPMENT EXPENSE 1957 TELEPHONE 4276 GIFTS 4873 TRAINING & DEVELOPMENT 3999 SUPPLIES & SOFTWARE 6966 DUES & SUBCRIPTIONS 832 BANK CHARGES 1425 ADVERTISING & MARKETING 1995 WEBSITE 12082 REPAIRS & MAINTENANCE 7830 COMPUTER EXPENSE 5423 BAD DEBT EXPENSE 522276 OTHER EXPENSES 1755 LOSS ON PRIVATELY HELD INVEST 1000000 MISCELLANOUS INCOME 35414 35414 DISALLOWED WASH SALES 22198 LOAN RECEIVABLE INVESTMENT FEES 301402 301402 PAYROLL SERVICES 5859 OTHER PROFESSIONAL FEES 14535 OTHER TAXES 442 K-1 BLACKSTONE FOREIGN TAX 5 5 2024 990-PF TAX 65242 65242