BETA

THE RAVEN FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
THE RAVEN FOUNDATION (EIN 20-8690475)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-05-01
IRS object ID
201921219349100522
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-05-01T13:58:31-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN364068842PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FERRENTINO & KROLL CPA'S LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 NORTHFIELD PLAZA STE 455AddressLine1Txt
CityNORTHFIELDCityNm
State AbbreviationILStateAbbreviationCd
ZIP600931272ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208690475EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE RAVEN FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRAVEBusinessNameControlTxt
Phone2245217200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12624 PATRIOT BLVDAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP600268024ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEITH ROSSPersonNm
Person TitleCO-FOUNDERPersonTitleTxt
Phone2245217200PhoneNum
Signature2019-05-01SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L FERRENTINO CPAPreparerPersonNm
PTINP00010558PTIN
Phone8474467400PhoneNum
Preparation2019-05-01PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.16.49IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-01IPDt
IP Tm13:58:31IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id997E27EEDE96FF58B0CDB27605100D82AF4113A2AtSubmissionCreationDeviceId
At Submission Filing Device IdC4F4301BCA08B0DA86AB5E5E1BC737D06AE3FF09AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$233FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$200,385ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$200,385TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$151,290CompOfcrDirTrstRevAndExpnssAmt
Oth Empl Slrs Wgs Rev And Expnss$7,500OthEmplSlrsWgsRevAndExpnssAmt
Pension Empl Bnft Rev And Expnss$15,243PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$15,243PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$325LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$975AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$157TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$4,299DeprecAndDpltnRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$1,750TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$1,750TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$25,579OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$20,479OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$207,118TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$37,472TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$207,118TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$37,472TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$6,733ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$6,634CashBOYAmt
Cash EOY$233CashEOYAmt
Cash EOYFMV$233CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$11,693LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,549LandBldgEquipAccumDeprecAmt
Land BOY$1,496LandBOYAmt
Land EOY$1,144LandEOYAmt
Total Assets BOY$8,130TotalAssetsBOYAmt
Total Assets EOY$1,377TotalAssetsEOYAmt
Total Assets EOYFMV$233TotalAssetsEOYFMVAmt
Accounts Payable BOY$808AccountsPayableBOYAmt
Accounts Payable EOY$788AccountsPayableEOYAmt
Total Liabilities BOY$808TotalLiabilitiesBOYAmt
Total Liabilities EOY$788TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$7,322RetainedEarningBOYAmt
Retained Earning EOY$589RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$7,322TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$589TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$8,130TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$1,377TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,322TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$6,733ExcessRevenueOverExpensesAmt
Subtotal$589SubtotalAmt
Tot Net Ast Or Fund Balances EOY$589TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$195,523AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$5,171NetVlNoncharitableAssetsYr1Amt
Distribution Yr137.811448DistributionYr1Rt
Adjusted Qlfy Distri Yr2$194,760AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$8,372NetVlNoncharitableAssetsYr2Amt
Distribution Yr223.263258DistributionYr2Rt
Adjusted Qlfy Distri Yr3$156,657AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$8,372NetVlNoncharitableAssetsYr3Amt
Distribution Yr318.712016DistributionYr3Rt
Adjusted Qlfy Distri Yr4$144,979AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$13,297NetVlNoncharitableAssetsYr4Amt
Distribution Yr410.903136DistributionYr4Rt
Adjusted Qlfy Distri Yr5$203,620AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$10,406NetVlNoncharitableAssetsYr5Amt
Distribution Yr519.567557DistributionYr5Rt
Total Distribution110.257415TotalDistributionRt
Average Distribution22.051483AverageDistributionRt
Net Vl Noncharitable Assets$5,122NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$112,948AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$112,948AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$37,472QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressRAVENFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksSUZANNE ROSSIndividualWithBooksNm
Phone2245217200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12624 PATRIOTAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KEITH ROSS
2624 PATRIOT DRGLENVIEWIL60026CO-FOUNDER000.00$0$0$0
SUZANNE ROSS
2624 PATRIOT DRGLENVIEWIL60026CO-FOUNDER000.00$0$0$0
ADAM ERICKSEN
2624 PATRIOT DRGLENVIEWIL60026EDUCATION DI000.00$63,008$0$0
MAURA JUNIUS
2624 PATRIOT DRGLENVIEWIL60026MARKETING DI000.00$63,282$0$0
LINDSEY PARIS-LOPEZ
2624 PATRIOTGLENVIEWIL60026EDITOR IN CH000.00$25,000$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1GRANTS TO CHARITABLE ORGANIZATIONS PREACHING FOR PEACEDescription1Txt
Expenses1$151,290Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,200AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,200TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$5,200AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$78CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,122NetVlNoncharitableAssetsAmt
Minimum Investment Return$256MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$37,472ExpensesAndContributionsAmt
Qualifying Distributions$37,472QualifyingDistributionsAmt
Adjusted Qualifying Distri$37,472AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$37,472QualifyingDistributionsAmt
Remaining Distri From Corpus$37,472RemainingDistriFromCorpusAmt
Total Corpus$37,472TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$37,472CurrentYearAmt
Year1$195,523Year1Amt
Year2$194,760Year2Amt
Year3$156,657Year3Amt
Total$584,412TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$37,472CurrentYearAmt
Year1$195,523Year1Amt
Year2$194,760Year2Amt
Year3$156,657Year3Amt
Total$584,412TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$171CurrentYearAmt
Year1$173Year1Amt
Year2$279Year2Amt
Year3$279Year3Amt
Total$902TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerKEITH SUZANNE ROSSContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonKEITH ROSSContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line12624 PATRIOTAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd
FieldValueIRS element (for citing)
Total Contributions$200,100TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Amt$975Amt

Amortization Schedule AmortizationSchedule

Amortization Schedule Detail AmortizationScheduleDetail

FieldValueIRS element (for citing)
Amortized ExpensesORGANIZATION COSTSAmortizedExpensesDesc
Acquired Completed Or Expended2007-04-01AcquiredCompletedOrExpendedDt
Amortized$5,279AmortizedAmt
Deduction For Prior Years$3,783DeductionForPriorYearsAmt
Amortization Period15.0000AmortizationPeriodRt
Current Year Amortization$352CurrentYearAmortizationAmt
Total Amortization$4,135TotalAmortizationAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (2 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmt
PROJECTOR2007-05-02$2,115$2,115200DB5.0000
COMPUTER SYSTEM2018-10-29$4,299200DB5.0000$4,299

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemFIXED ASSETSCategoryOrItemTxt
Cost Or Other Basis$11,693CostOrOtherBasisAmt
Accumulated Depreciation$10,549AccumulatedDepreciationAmt
Book Value$1,144BookValueAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$325LegalFeesAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
PROGRAM & AWARD EVENTS$16,100$16,100
BANK FEES$360
WEB DESIGN COSTS$1,239$1,239
GENERAL INSURANCE$503
MEALS$942$942
OFFICE SUPPLIES$886
PAYROLL PROCESSING$1,003
INTERNET FEES$418
TRANSLATION & TRANSCRIPTION$2,198$2,198
MEMBERSHIPS$1,578

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonKEITH ROSSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12624 PATRIOTAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP600268024ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySTATE REGISTRATIONCategoryTxt
Amt$157Amt

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