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Nonprofit · EIN 05-0547000

PHILLIP AND SUSAN RAGON FOUNDATION

Tax-exempt · CAMBRIDGE, MA 02238

Financials

$10M$51.5M2023$10.3M$607K2024
Revenue Expenses · by fiscal year end
Financials of PHILLIP AND SUSAN RAGON FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$10,345,309$606,502$9,738,807$26,927,630$0$26,927,630
December 31, 2023990-PF$10,027,163$51,543,731-$41,516,568$20,794,448$0$20,794,448
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,504,504
Dividends
$606,839
Net gain from sales of assets
$233,966

Expenses

Grants and similar amounts paid
$400,592
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$400,592
Excise tax on investment income
$10,903

Balance sheet and other

Total assets, start of year
$20,794,448
Total assets, end of year
$26,927,630
Total liabilities, end of year
$0
Net assets, end of year
$26,927,630
Fair market value of assets
$32,122,522
Qualifying distributions
$400,592
Net investment income
$840,805

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PHILLIP T RAGON
PO BOX 380281, CAMBRIDGE, MA 02238
TRUSTEE0$0
SUSAN M RAGON
PO BOX 380281, CAMBRIDGE, MA 02238
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
PHILLIP T RAGON
PO BOX 380281, CAMBRIDGE, MA 02238
TRUSTEE0$0
SUSAN M RAGON
PO BOX 380281, CAMBRIDGE, MA 02238
TRUSTEE0$0

Address and contacts

Address (IRS master file)
PO BOX 380281, CAMBRIDGE, MA 02238-0281
In care of
% SUSAN M RAGON
Signed the 990-PF
SUSAN M RAGON, TRUSTEE
Phone
(617) 225-3001
Return prepared by
PWC US TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
05-0547000
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2005
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$26,927,630
Income (IRS master file)
$13,180,865

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$10,345,309$606,502$26,927,630XML
990-PFDecember 2023$10,027,163$51,543,731$20,794,448XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0547000).

Questions about PHILLIP AND SUSAN RAGON FOUNDATION

What is the EIN of PHILLIP AND SUSAN RAGON FOUNDATION?
The employer identification number (EIN) of PHILLIP AND SUSAN RAGON FOUNDATION is 05-0547000.
Is PHILLIP AND SUSAN RAGON FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to PHILLIP AND SUSAN RAGON FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PHILLIP AND SUSAN RAGON FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of PHILLIP AND SUSAN RAGON FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PHILLIP AND SUSAN RAGON FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of PHILLIP AND SUSAN RAGON FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does PHILLIP AND SUSAN RAGON FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $10,345,309, expenses of $606,502 and total assets of $26,927,630 at year end.

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