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William Raveis Charitable Fund Inc

EIN 81-0648663 · Shelton, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak35 out of 100GovernanceGood87 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE MISSION OF WILLIAM RAVEIS CHARITABLE FUND, INC. IS TO RAISE AWARENESS FOR AND SUPPORT CANCER RESEARCH BY PARTNERING WITH THE DAMON RUNYON CANCER RESEARCH FOUNDATION AND THE DANA-FARBER CANCER INSTITUTE.

Income
$442,751
Spending
$601,379
Spent on programs
83%
Reserves
-0.3 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
4

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 35 out of 100. Higher than 5% of charities in its peer group (diseases, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    20 of 20

    It owes 3% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 36% of income.

  • Income trend

    0 of 15

    Income fell 26% on the year before.

  • Spending floor

    15 of 15

    83% of spending went to programs and raising each dollar of donations cost 5 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 87 out of 100. Higher than 69% of charities in its peer group (diseases, $250k to $1m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    0 of 5

    Reports that it does not keep minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $500,000 spent. TO SUPPORT CUTTING-EDGE RESEARCH AGAINST ALL FORMS OF CANCER.THE CHARITABLE FUND HAS CHOSEN TO PARTNER WITH THE DAMON RUNYON CANCER RESEARCH FOUNDATION, WHICH FUNDS THE MOST PROMISING SCIENTISTS CONDUCTING CUTTING-EDGE CANCER RESEARCH; AND THE DANA-FARBER CANCER INSTITUTE WHICH IS COMMITTED TO PROVIDING ADULTS AND CHILDREN WITH CANCER, THE BEST TREATMENT AVAILABLE WHILE ALSO DEVELOPING TOMORROW'S CURES THROUGH CUTTING-EDGE RESEARCH. THE CHARITABLE FUND HAS RAISED $4 MILLION FOR DAMON RUNYON OVER THEIR EIGHTH-YEAR COLLABORATION AND FOR DANA-FARBER OVER THEIR THREE YEAR COLLABORATION. THE WILLIAM RAVEIS CHARITABLE FUND HAS FUNDED 24 SCIENTISTS WHO ARE RESEARCHING 11 DIFFERENT TYPES OF CANCER AT 10 DIFFERENT INSTITUTIONS IN CONNECTICUT, MASSACHUSETTS AND NEW YORK. ADDITIONALLY, 100% OF DONATIONS GO TO THE DAMON RUNYON CANCER RESEARCH FOUNDATION & THE DANA-FARBER CANCER INSTITUTE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2004.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.