Overview
What is Ravens Foundation Inc?
Ravens Foundation Inc, based in Owing Mills, Maryland, is a charitable organization committed to uplifting youth in the Baltimore area and beyond. Through various initiatives, they grant funds to local organizations, promoting physical fitness and nutritional education among youth via their Play 60 program. Further, they support league-wide programs that encourage youth football, volunteerism, cancer awareness, and military appreciation. The foundation also provides annual funds to approved Baltimore Ravens' players' foundations, many of which operate community programs. In addition, Ravens Foundation Inc awards scholarships to Baltimore-area high school seniors pursuing higher education at four-year institutions. Their mission extends to supporting programs that address housing, hunger, education, athletics, and mentoring, ultimately aiming to foster healthy youth development in Maryland.
Official website here: www.baltimoreravens.com/community
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement, Score: 70%)
Ravens Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational aspects. The organization scored exceptionally well in accountability and finance, achieving a perfect score of 100%. However, there are significant concerns regarding its governance structure, particularly the lack of independent board members, which raises questions about oversight and conflict of interest management.
While the foundation demonstrates strong financial health with a program expense ratio of 96.65%, reflecting efficient use of resources towards its mission, it lacks important policies such as a conflict of interest policy. Additionally, the absence of independent members on the board may limit diverse perspectives in decision-making, potentially impacting the organization's overall effectiveness and transparency.
Despite its strong performance in financial oversight and the absence of asset diversion, the missing tax form on its website and a lack of measures to address potential conflicts may hinder donor trust. Overall, while the foundation shows promise, addressing governance and transparency issues will be crucial for enhancing its credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Ravens Foundation Inc legitimate?
Ravens Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ravens Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.baltimoreravens.com/community
What is the mission statement of Ravens Foundation Inc?
The Ravens Foundation Inc's mission is centered around improving and encouraging the healthy development of youth, not just in the Baltimore area, but also in other parts of Maryland. They achieve this by focusing on programs that address essential aspects of youth growth, including housing, hunger, education, athletics, and mentoring. The foundation provides grants to charitable organizations in Maryland through various initiatives, such as its Play 60 program, which encourages physical fitness and/or nutritional education among youth. The organization also funds league-wide programs to promote youth football, volunteerism, cancer awareness, and military appreciation. Annual funds are provided to approved Baltimore Ravens' players' foundations, many of which operate programs in the local community. Additionally, scholarships are awarded to Baltimore-area high school seniors pursuing higher education at a four-year institution. Multiple-year grant funding is also provided to vetted non-profit organizations approved as the foundation's charitable partners.
Official website here: www.baltimoreravens.com/community
Who is the CEO of Ravens Foundation Inc?
Heather Darney is the Executive Director/Vice-Chair of Ravens Foundation Inc.
Official website here: www.baltimoreravens.com/community
What is the revenue of Ravens Foundation Inc?
Ravens Foundation Inc's revenue in 2022 was $938,479.
Official website here: www.baltimoreravens.com/community
Who are the executives of Ravens Foundation Inc and what are their salaries?
There 150 volunteers at Ravens Foundation Inc.
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Official website here: www.baltimoreravens.com/community
Where can I find the form 990 for Ravens Foundation Inc?
Ravens Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baltimoreravens.com/community
Learn more at the official website: www.baltimoreravens.com/community
Mission Statement of Ravens Foundation Inc
Ravens Foundation Inc, a charitable organization, is dedicated to improving and encouraging the healthy development of youth in the Baltimore area and beyond, focusing on programs related to housing, hunger, education, athletics, and mentoring. The foundation's mission is to positively impact the lives of young individuals by providing grants and scholarships to charitable organizations, promoting youth football, volunteerism, cancer awareness, and military appreciation through various efforts. One of their signature programs is the Play 60 initiative, which funds organizations that encourage physical fitness and nutritional education among youth. Additionally, Ravens Foundation Inc provides annual funds to approved Baltimore Ravens' Players' Foundations, many of which operate programs in the local Baltimore community. Scholarships are also awarded to Baltimore-area high school seniors pursuing higher education at a four-year institution. The organization further extends its support by offering multi-year grant funding to vetted non-profit organizations, serving as their charitable partners.
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Impact
July, 2024
Ravens Foundation Inc's impact is deeply felt in the Baltimore area and throughout Maryland. By focusing on programs that address housing, hunger, education, athletics, and mentoring, the foundation is actively improving and enabling the healthy development of youth in these communities. Through grants and scholarships, the organization supports charitable initiatives that promote physical fitness, nutritional education, youth football, volunteerism, cancer awareness, and military appreciation. Additionally, Ravens Foundation Inc provides scholarships to high school seniors in Baltimore pursuing higher education and offers multi-year grant funding to approved nonprofit organizations. This commitment to youth development and community well-being underscores the foundation's significant impact on the lives of many in Maryland.
This information is meant to be a general summary of Ravens Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $15,241
- Gross Receipts: $938,479
Assets and Liabilities:
- Total Assets: $517,197
- Total Liabilities: $306,591
- Net Assets: $210,606
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MESSAGEBOARD
Revenue
$15,241
Organization Details
Founding Year
1996
Phone
(410) 701-4000Principal Officer
Heather Darney
Main Address
1 WINNING DRIVE, OWING MILLS, MD, 21117
NTEE Category
Code: P122 - Human services
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