Phillip and Susan Ragon Foundation
Phillip and Susan Ragon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.9M in total assets. In 2024, it awarded 2 grants totaling $401K. Net investment income was $784K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.9M
+29.5% YoY
Annual Giving
$401K
-99.2% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$200K
-97.7% YoY
About Phillip and Susan Ragon Foundation
Based on IRS filings
Phillip and Susan Ragon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.9M in total assets. In 2024, it awarded 2 grants totaling $401K. Net investment income was $784K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,927,630 | $20,794,448 | $63,154,423 |
| Revenue | $10,345,309 | $10,027,163 | $1,372,826 |
| Expenses | $606,502 | $51,543,731 | $538,998 |
| Qualifying Distributions | $400,592 | $51,434,770 | $404,500 |
| Net Investment Income | $784,395 | $9,825,386 | $1,189,046 |
| Distributable Amount | $1,115,414 | $3,230,956 | $3,315,412 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILLIP T RAGON | TRUSTEE | — | — |
| SUSAN M RAGON | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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