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    PHILIP E AND CAROLE R RATCLIFFE

    Supporting OrganizationIRS data 2020–2024
    ANNAPOLIS, MDEIN 820568453 Website

    Annual Giving

    $8.7M+9% YoY

    Grants

    24

    Median Grant

    $208K

    Organizations Funded

    15

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    Foundation Overview

    Mission

    Charitable organization designed to cultivate entrepreneurship, create jobs, and expand economic opportunity. Created in 2003 to provide access to education & training for aspiring entrepreneurs and small business owners to grow their ventures, create jobs, and expand economic opportunities in local communities.

    Focus Areas

    community college supporthigher educationarts educationentrepreneurship educationworkforce developmentmarine science researchcoastal and estuarine conservationoyster restoration and aquaculture

    Grant Types

    unrestricted operating supportprogram support

    Funded Initiatives

    Anne Arundel Community College (first grant of $1 million over 10 years in 2003), more than 30 community colleges through NACCE Pitch For the Trades Competitions, institutions in Delaware, Florida, Maryland, North Carolina, Ohio and Virginia

    How to Apply

    Proposals must have cover page and executive summary, consolidated into one PDF file. Use 12-point font, one-inch margins, Times New Roman or Arial. Contact Carlene Cassidy at cmcassidy@RatcliffeFoundation.com or (667) 458-7991.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024+9%

    $8.7M

    Grants

    24

    Median

    $208K

    States

    6

    2023+9%

    $8.0M

    Grants

    21

    Median

    $170K

    States

    6

    2022

    $7.3M

    Grants

    28

    Median

    $138K

    States

    6

    Grant Size Distribution

    $208K

    Typical Grant (Median)

    $3K

    Smallest

    $68K

    25th Pctile

    $329K

    75th Pctile

    $3.0M

    Largest

    Excludes grants ≤ $5K. Half fall between $68K and $329K.

    Largest Recent Grants

    $3.0M

    2024

    YMCA OF QUEEN ANNE'S COUNTY - 2020

    MD · UNRESTRICTED USE BY RECIPIENT

    $1.0M

    2024

    FERRY COVE SHELLFISH - 2024

    MD · UNRESTRICTED USE BY RECIPIENT

    $811K

    2024

    CCBC - 2024

    MD · UNRESTRICTED USE BY RECIPIENT

    $441K

    2024

    MICA

    MD · UNRESTRICTED USE BY RECIPIENT

    $400K

    2024

    MOUNTAIN GATEWAY CC - 2024

    VA · UNRESTRICTED USE BY RECIPIENT

    Geographic Focus

    MD
    $6.8M14 grants
    VA
    $791K5 grants
    FL
    $693K2 grants
    MA
    $240K1 grants
    DE
    $149K1 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $62.5M
    $8.7M(13.9%)
    2023
    $68.7M
    $8.0M(11.6%)
    2022
    $74.6M
    $7.3M(9.8%)
    2021
    $79.9M
    $7.0M(8.8%)
    2020
    $89.3M
    $6.3M(7.1%)

    Grants paid shown as percentage of total assets

    Network Intelligence

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    SciRise maps 4.8M+ grants across 16,000+ foundations to identify which ones are most likely to fund organizations like yours — based on who they already fund, not just what they say they fund.

    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

    Questions?