Philip E. & Carole R. Ratcliffe Foundation
Affecting Global Change, Locally
The Philip E. and Carole R. Ratcliffe Foundation operates as a charitable organization designed to cultivate and reward entrepreneurship, create jobs and expand economic opportunity. Based in Annapolis Maryland, the Ratcliffe Foundation provides funds to institutions to encourage entrepreneurship in non-traditional business fields such as skilled trades, arts & design, and aquaculture & environmental sciences. The Ratcliffe Foundation strives to integrate its programs with the local communities through mentorships and business involvement.
Dollars Donated...and Counting
Programs Supported...and Growing
For those with the passion & a plan to succeed
The goal of CIG is to develop the next generation of leaders who can start, grow and reinvent things, whether they launch their own businesses or work for established companies.
Harford's Leading Edge Training Center will empower residents with knowledge, skills, and abilities to secure careers and earn head-of-household wages that will enhance the quality of life for residents in southeastern Harford County and throughout the region.
CBI is dedicated to serving CCBC students and alumni who are interested in learning how to turn their ideas for new products, services, business and organizations into sustainable entities.
The DSLCC Workforce & Entrepreneurial Center will expand the college’s capacity to deliver in-demand training and award industry credentials in the areas of advanced manufacturing, machining, welding, HVAC, and diesel mechanics.
Through a generous grant from the Philip E. and Carole R. Ratcliffe Foundation, ESCC will receive $613,480 over four years to offer stackable credentials with the goal to produce highly skilled, competent industrial technicians for employment in STEM related fields.
The Ratcliffe Eco-Entrepreneurship Fellows program at the University of Delaware (REEF@UD) provides entrepreneurship training, mentorship, and funding support to innovators who seek to create businesses, commercialize discoveries and develop new products that will solve environmental problems or improve sustainability.
The Institute of Marine and Environmental Technology’s Ratcliffe Environmental Entrepreneur Fellow (REEF) Program enables environmental science graduate students to apply their research to real-world problems.
Building on MICA’s dedicated commitment to helping creatives develop innovative, socially-conscious businesses, the Ratcliffe Center addresses the evolving needs of students and alumni in the new creative economy.
The annual NACCE Pitch for the Trades is just one way NACCE is accomplishing their mission by providing real value to members.
The SAIL research hatchery was established in 2019 to support the growing industry by developing new technology and practices for shellfish growers to increase their production at low costs.
The Shore Hatchery competition is a ten year $2 million initiative which began in 2013. Startups have the opportunity to apply for a share of $200,000 annually.
The Entrepreneurship Fellows Program at The University of Baltimore offers a new way to educate the next generation of entrepreneurs. Thanks to the Philip E. and Carole R. Ratcliffe Foundation, these student entrepreneurs are able to fully fund four semesters of their education (& some other living expenses) while developing their business.
Ferry Cove Project, LLC
We are pleased to announce the opening of Ferry Cove Oyster hatchery. This is one of Maryland’s only private hatcheries focused on producing oyster larvae and seed to support Maryland’s iconic oyster industry.
Ratcliffe in the Community
Ratcliffe Charitable Gift Fund provides our community with grants to nonprofit organizations such as OpenWorks, Lighthouse, Station North Tool Library, Pathfinders for Autism, Horizons of Kent and Queen Anne’s, The Children’s Home Foundation (CHF), and the Tidewater Wooden Boat Workshop.
We only award grants to 501(c)3 nonprofit organizations in the US.
Our priorities include working with community colleges, universities, and other organizations that support entrepreneurship, innovation and job creation. Within these programs there is an emphasis on cultivating entrepreneurship and growing small businesses in a variety of industries including:
Arts & Design
Aquaculture & Environmental Sciences
Types of programs we support: