BETA

THE RAVEN FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
THE RAVEN FOUNDATION (EIN 20-8690475)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-06-25
IRS object ID
201541769349100409
Schema version
2014v5.0
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)
Return2015-06-25T11:09:01-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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
Signature2015-05-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L FERRENTINO CPAPreparerPersonNm
PTINP00010558PTIN
Phone8474467400PhoneNum
Preparation2015-06-17PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$7,697FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$153,420ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$153,420TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$103,459CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$103,459CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$13,088PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$13,082PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss$900AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$900AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$46TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$46TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$36,279OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$27,492OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$153,797TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$144,979TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$153,797TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$144,979TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$377ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$8,185CashBOYAmt
Cash EOY$7,697CashEOYAmt
Cash EOYFMV$7,697CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$7,394LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,842LandBldgEquipAccumDeprecAmt
Land BOY$2,903LandBOYAmt
Land EOY$2,552LandEOYAmt
Total Assets BOY$11,088TotalAssetsBOYAmt
Total Assets EOY$10,249TotalAssetsEOYAmt
Total Assets EOYFMV$7,697TotalAssetsEOYFMVAmt
Accounts Payable BOY$682AccountsPayableBOYAmt
Accounts Payable EOY$220AccountsPayableEOYAmt
Total Liabilities BOY$682TotalLiabilitiesBOYAmt
Total Liabilities EOY$220TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$10,406RetainedEarningBOYAmt
Retained Earning EOY$10,029RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$10,406TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$10,029TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$11,088TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$10,249TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$10,406TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$377ExcessRevenueOverExpensesAmt
Subtotal$10,029SubtotalAmt
Tot Net Ast Or Fund Balances EOY$10,029TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$203,620AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$10,406NetVlNoncharitableAssetsYr1Amt
Distribution Yr119.567557DistributionYr1Rt
Adjusted Qlfy Distri Yr2$219,164AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$3,952NetVlNoncharitableAssetsYr2Amt
Distribution Yr255.456478DistributionYr2Rt
Adjusted Qlfy Distri Yr3$100,234AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$14,775NetVlNoncharitableAssetsYr3Amt
Distribution Yr36.784027DistributionYr3Rt
Adjusted Qlfy Distri Yr4$101,770AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$39,838NetVlNoncharitableAssetsYr4Amt
Distribution Yr42.554596DistributionYr4Rt
Adjusted Qlfy Distri Yr5$59,007AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$28,420NetVlNoncharitableAssetsYr5Amt
Distribution Yr52.076249DistributionYr5Rt
Total Distribution86.438907TotalDistributionRt
Average Distribution17.287781AverageDistributionRt
Net Vl Noncharitable Assets$13,297NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$229,876AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$229,876AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$144,979QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

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

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
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
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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KEITH ROSS
2624 PATRIOT DRGLENVIEWIL60026CO-FOUNDER5.00$0$0$0
SUZANNE ROSS
2624 PATRIOT DRGLENVIEWIL60026CO-FOUNDER5.00$0$0$0
ADAM ERICKSEN
2624 PATRIOT DRGLENVIEWIL60026EDUCATION DI40.00$42,792$1,995$0
MAURA JUNIUS
2624 PATRIOT DRGLENVIEWIL60026MARKETING DI40.00$60,667$2,445$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$5,000Expenses1Amt

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$12,500AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$13,500TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$13,500AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$203CashDeemedCharitableAmt
Net Vl Noncharitable Assets$13,297NetVlNoncharitableAssetsAmt
Minimum Investment Return$665MinimumInvestmentReturnAmt

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$144,979ExpensesAndContributionsAmt
Qualifying Distributions$144,979QualifyingDistributionsAmt
Adjusted Qualifying Distri$144,979AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$144,979QualifyingDistributionsAmt
Remaining Distri From Corpus$144,979RemainingDistriFromCorpusAmt
Total Corpus$144,979TotalCorpusAmt

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$144,979CurrentYearAmt
Year1$203,620Year1Amt
Year2$219,164Year2Amt
Year3$100,234Year3Amt
Total$667,997TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$144,979CurrentYearAmt
Year1$203,620Year1Amt
Year2$219,164Year2Amt
Year3$100,234Year3Amt
Total$667,997TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$443CurrentYearAmt
Year1$66Year1Amt
Year2$66Year2Amt
Year3$493Year3Amt
Total$1,068TotalAmt

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 (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndBusiness Name Line2ContributorBusinessName/BusinessNameLine2TxtAddress Line2ContributorUSAddress/AddressLine2Txt
KEITH ROSS
12624 PATRIOTGLENVIEWIL60026$125,000Yes (X)
IMITATIO
2ONE LETTERMAN DRSAN FRANCISCOCA94129$25,000Yes (X)THE THIEF FOUNDATIONBLDG C SUITE 400

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEECategoryTxt
Amt$900Amt
Disbursements Charitable Prps$900DisbursementsCharitablePrpsAmt

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$2,376DeductionForPriorYearsAmt
Amortization Period15.0000AmortizationPeriodRt
Current Year Amortization$351CurrentYearAmortizationAmt
Total Amortization$2,727TotalAmortizationAmt

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$4,842AccumulatedDepreciationAmt
Book Value$2,552BookValueAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
AWARD EVENT$4,850$4,850
BANK FEES$230
COMPUTER CONSULTANT$2,000$1,000
WEB DESIGN COSTS$1,357$750
EVENT TICKETS$1,453$1,453
GENEAL INSURANCE$262
MEALS & ENT$836$836
OFFICE COSTS$5,025
PAYROLL PROCESSING$53
EVENT PROJECT COSTS-$2,050$2,050
PUBLISHING COSTS$5,613$5,613
EVENT GUEST SPEAKERS$9,680$9,680
INTERNET FEES$2,519$1,260

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCd
KEITH ROSS
2624 PATRIOT DRGLENVIEWIL60026
SUZANNE ROSS
2624 PATRIOT DRGLENVIEWIL60026

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySTATE REGISTRATIONCategoryTxt
Amt$25Amt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.