BETA

THE RAVEN FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
THE RAVEN FOUNDATION (EIN 20-8690475)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-05-15
IRS object ID
201701359349103950
Schema version
2016v3.0
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)
Return2017-05-15T14:00:06-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Begin2016-01-01TaxPeriodBeginDt

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 DRIVEAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEITH ROSSPersonNm
Person TitleCO-FOUNDERPersonTitleTxt
Phone2245217200PhoneNum
Signature2017-05-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L FERRENTINO CPAPreparerPersonNm
PTINP00010558PTIN
Phone8474467400PhoneNum
Preparation2017-05-12PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id6942DBE293EE23EAAFB65441E4C497608E5EF7E2AtSubmissionCreationDeviceId
At Submission Filing Device Id639E43D7064DA110D86365B3D40C5518D435221FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$34,974FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$223,999ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$223,999TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$149,602CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$149,602CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$17,095PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$17,095PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$950AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$75TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$3,617TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$3,617TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$24,820OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$18,134OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$196,159TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$189,398TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$5,362ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$5,362ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$201,521TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$194,760TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$22,478ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$10,407CashBOYAmt
Cash EOY$33,974CashEOYAmt
Cash EOYFMV$33,974CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$7,394LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,546LandBldgEquipAccumDeprecAmt
Land BOY$2,200LandBOYAmt
Land EOY$1,848LandEOYAmt
Land EOYFMV$1,000LandEOYFMVAmt
Total Assets BOY$12,607TotalAssetsBOYAmt
Total Assets EOY$35,822TotalAssetsEOYAmt
Total Assets EOYFMV$34,974TotalAssetsEOYFMVAmt
Accounts Payable BOY$207AccountsPayableBOYAmt
Accounts Payable EOY$944AccountsPayableEOYAmt
Total Liabilities BOY$207TotalLiabilitiesBOYAmt
Total Liabilities EOY$944TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$12,400RetainedEarningBOYAmt
Retained Earning EOY$34,878RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$12,400TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$34,878TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$12,607TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$35,822TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$12,400TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$22,478ExcessRevenueOverExpensesAmt
Subtotal$34,878SubtotalAmt
Tot Net Ast Or Fund Balances EOY$34,878TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$156,657AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$8,372NetVlNoncharitableAssetsYr1Amt
Distribution Yr118.712016DistributionYr1Rt
Adjusted Qlfy Distri Yr2$144,979AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$13,297NetVlNoncharitableAssetsYr2Amt
Distribution Yr210.903136DistributionYr2Rt
Adjusted Qlfy Distri Yr3$203,620AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$10,406NetVlNoncharitableAssetsYr3Amt
Distribution Yr319.567557DistributionYr3Rt
Adjusted Qlfy Distri Yr4$219,164AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$3,952NetVlNoncharitableAssetsYr4Amt
Distribution Yr455.456478DistributionYr4Rt
Adjusted Qlfy Distri Yr5$100,234AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$14,775NetVlNoncharitableAssetsYr5Amt
Distribution Yr56.784027DistributionYr5Rt
Total Distribution111.42321TotalDistributionRt
Average Distribution22.284643AverageDistributionRt
Net Vl Noncharitable Assets$8,372NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$186,567AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$186,567AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$194,760QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
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
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
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

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 DI40.00$63,008$2,100$0
MAURA JUNIUS
2624 PATRIOT DRGLENVIEWIL60026MARKETING DI40.00$61,594$2,100$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$5,362Expenses1Amt

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$7,500AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,500TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$8,500AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$128CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,372NetVlNoncharitableAssetsAmt
Minimum Investment Return$419MinimumInvestmentReturnAmt

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$194,760ExpensesAndContributionsAmt
Qualifying Distributions$194,760QualifyingDistributionsAmt
Adjusted Qualifying Distri$194,760AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$194,760QualifyingDistributionsAmt
Remaining Distri From Corpus$194,760RemainingDistriFromCorpusAmt
Total Corpus$194,760TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Section4942j5Yes (X)Section4942j5Ind

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$194,760CurrentYearAmt
Year1$156,657Year1Amt
Year2$144,979Year2Amt
Year3$203,620Year3Amt
Total$700,016TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$194,760CurrentYearAmt
Year1$156,657Year1Amt
Year2$144,979Year2Amt
Year3$203,620Year3Amt
Total$700,016TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$279CurrentYearAmt
Year1$279Year1Amt
Year2$443Year2Amt
Year3$66Year3Amt
Total$1,067TotalAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonCOV RRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line12624 PATRIOTAddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd
FieldValueIRS element (for citing)
Grant Or Contribution PurposeUBRESTRICTED DONATIONGrantOrContributionPurposeTxt
Amt$3,362Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,362TotalGrantOrContriPdDurYrAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
KEITH ROSS
12624 PATRIOTGLENVIEWIL60026$180,000Yes (X)
SUZANNE
22624 PATRIOTGLENVIEWIL60026$40,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Amt$950Amt
Disbursements Charitable Prps$950DisbursementsCharitablePrpsAmt

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$3,079DeductionForPriorYearsAmt
Amortization Period15.0000AmortizationPeriodRt
Current Year Amortization$352CurrentYearAmortizationAmt
Total Amortization$3,431TotalAmortizationAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyPROJECTORPropertyDesc
Acquired2007-05-02AcquiredDt
Cost Or Other Basis$2,115CostOrOtherBasisAmt
Prior Year Depreciation$2,115PriorYearDepreciationAmt
Computation Method200DBComputationMethodTxt
Life5.0000LifeRt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemFIXED ASSETSCategoryOrItemTxt
Cost Or Other Basis$7,394CostOrOtherBasisAmt
Accumulated Depreciation$5,546AccumulatedDepreciationAmt
Book Value$1,848BookValueAmt
EOYFMV$1,000EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (17 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
AWARD EVENT$1,785$1,785
BANK FEES$570
WEB DESIGN COSTS$2,000
EVENT TICKETS$415$415
GENEAL INSURANCE$683
MEALS & ENT$823$823
OFFICE SUPPLIES$799
PAYROLL PROCESSING$847
EVENT PROJECT COSTS-$8,595$8,595
EVENT FACILITY COST$3,366$3,366
PUBLISHING COSTS$2,500$2,500
EVENT GUEST SPEAKERS$500$500
INTERNET FEES$492
SOFTWARE$29
MARKETING & ADVERTISING$914
CONTRIBUTIONS - REFUGEEIMMI$150$150

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
KEITH ROSS
2624 PATRIOTGLENVIEWIL60026
SUZANNE ROSS
2624 PATRIOTGLENVIEWIL60026

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySTATE REGISTRATIONCategoryTxt
Amt$75Amt

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