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
Under IRS private-foundation payout rules, Richard Ravitch Foundation Inc reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Wellesley College ($4,000,000), The American Independent Foundation ($400,000), Craig Newmark Graduate School of Journalism at Cuny ($350,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL SYNAGOGUE NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
| CITIZENS UNION STATEN ISLAND, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
| CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM AT CUNY NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $350,000 |
| FUND FOR THE CITY OF NEW YORK NEW YORK, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
| WELLESLEY COLLEGE WELLESLEY, MA | TO FURTHER DONEE'S EXEMPT PURPOSE | $4,000,000 |
| DONA DONA SANCTUARY BROOKLYN, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $50,000 |
| THE AMERICAN INDEPENDENT FOUNDATION WASHINGTON, DC | TO FURTHER DONEE'S EXEMPT PURPOSE | $400,000 |
| FUTURE NOW INSTITUTE WASHINGTON, DC | TO FURTHER DONEE'S EXEMPT PURPOSE | $200,000 |
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\Frequently Asked Questions
What does Richard Ravitch Foundation Inc fund?
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.
How do I apply for a grant from Richard Ravitch Foundation Inc?
**Grant Size & Activity:** • Total giving: $5,030,000 (based on most recent IRS 990 filing for 2024) • Typical award range: $100–$4,000,000 • The foundation has made grants of up to $15,000 for specific fellowship programs **Notable Grant Program:** 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: • Government budgets and fiscal management • De…
Where does Richard Ravitch Foundation Inc make grants?
The foundation primarily funds initiatives in: • New York • District of Columbia • Massachusetts
What size grants does Richard Ravitch Foundation Inc award?
In 2024, Richard Ravitch Foundation Inc awarded 8 grants totaling $5.0M — an average of about $629K per grant, based on its IRS Form 990 filings.
How much is Richard Ravitch Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard Ravitch Foundation Inc reported a distributable amount of $97K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard Ravitch Foundation Inc's EIN?
Richard Ravitch Foundation Inc's EIN (Employer Identification Number) is 13-6093139. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard Ravitch Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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