Richard Ravitch Foundation Inc
Richard Ravitch Foundation Inc. is a private foundation based in New York City, located at 28 Liberty Street, Suite 2850. The foundation was established in 1951 and operates as a grantmaking organization focused on supporting initiatives in education, philanthropy, voluntarism, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$792K
-86.0% YoY
Annual Giving
$5.0M
+515.7% YoY
Grant Count
8
-42.9% YoY
Avg Grant Size
$629K
+977.4% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation has demonstrated particular commitment to fiscal reporting and transparency initiatives, supporting in-depth journalism and research on government budgets, debt, pensions, and fiscal policy.
Grantmaking
The Ravitch Fiscal Reporting Program at the CUNY Graduate School of Journalism receives foundation support. This program makes awards to reporters and journalists pursuing in-depth investigations into:
Grant Range
& Activity:**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds initiatives in:
- New York
- District of Columbia
- Massachusetts
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $791,658 (based on most recent IRS 990 filing for 2024)
- Total Giving: $5,030,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $791,658 | $5,668,626 | $5,862,870 |
| Revenue | $215,739 | $668,980 | $1,166,990 |
| Expenses | $5,092,707 | $863,224 | $1,237,021 |
| Qualifying Distributions | $5,035,740 | $817,250 | $1,196,100 |
| Net Investment Income | $158,772 | $784,361 | $910,412 |
| Distributable Amount | $96,986 | $269,595 | $316,278 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
74 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 |
|---|---|---|---|
| JOSEPH RAVITCH | VP & DIR | 1 | — |
| MICHAEL RAVITCH | TR & DIR | 1 | — |
| PETER DAVIS | SECR & DIR | 1 | — |
Recent News & Activity
Recent developments and announcements
The Ravitch Fiscal Reporting Program at CUNY's journalism school has been renewed for an additional three-year period as of 2024, continuing the foundation's support for fiscal reporting journalism. The program has awarded multiple grants to journalists investigating government fiscal issues, with individual awards reaching $15,000 for ambitious reporting projects.
New Ravitch Grants to Support In-depth Fiscal Reporting Projects \u2013\Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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