Nonprofit · EIN 38-6160330
MILTON M RATNER FOUNDATION
Tax-exempt · FRANKLIN, MI 48025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-PF | $749,123 | $549,802 | $199,321 | $6,218,487 | $0 | $6,218,487 |
| August 31, 2024 | 990-PF | $553,648 | $528,237 | $25,411 | $6,029,196 | $0 | $6,029,196 |
| August 31, 2023 | 990-PF | $436,165 | $491,757 | -$55,592 | $6,064,917 | $0 | $6,064,917 |
Financial details: 990-PF for the year ended August 31, 2025
Revenue
- Dividends
- $230,812
- Interest
- $58
- Net gain from sales of assets
- $518,253
Expenses
- Grants and similar amounts paid
- $381,000
- Compensation of officers, directors and key employees
- $96,000
- Disbursements for charitable purposes
- $481,833
- Excise tax on investment income
- $9,661
Balance sheet and other
- Total assets, start of year
- $6,029,196
- Total assets, end of year
- $6,218,487
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,218,487
- Fair market value of assets
- $9,915,819
- Qualifying distributions
- $481,833
- Net investment income
- $749,123
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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THERESE M THORN 5569 RAVEN ROAD, BLOOMFIELD HILLS, MI 48301 | PRESIDENT | 20 | $36,000 |
| JOCK S RUSSELL 204 DOGWOOD DR SE, CALHOUN, GA 30701 | VICE PRESIDE | 10 | $30,000 |
| CAROL PILTZ HERMANN 2261 TYLER AVE, BERKLEY, MI 48072 | SECRETARY-TR | 10 | $30,000 |
| MARY JO ROSSON 1 LAKE DRIVE, CALHOUN, GA 30701 | TRUSTEE EMER | 0 | $0 |
990-PF for the year ended August 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THERESE M THORN 5569 RAVEN ROAD, BLOOMFIELD HILLS, MI 48301 | PRESIDENT | 20 | $36,000 |
| JOCK S RUSSELL 204 DOGWOOD DR SE, CALHOUN, GA 30701 | VICE PRESIDE | 10 | $30,000 |
| CAROL PILTZ HERMANN 2261 TYLER AVE, BERKLEY, MI 48072 | SECRETARY-TR | 10 | $30,000 |
| MARY JO ROSSON 1 LAKE DRIVE, CALHOUN, GA 30701 | TRUSTEE EMER | 0 | $0 |
990-PF for the year ended August 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THERESE M THORN 5569 RAVEN ROAD, BLOOMFIELD HILLS, MI 48301 | PRESIDENT | 20 | $36,000 |
| JOCK S RUSSELL 204 DOGWOOD DR SE, CALHOUN, GA 30701 | VICE PRESIDE | 10 | $30,000 |
| CAROL PILTZ HERMANN 2261 TYLER AVE, BERKLEY, MI 48072 | SECRETARY-TR | 10 | $30,000 |
| MARY JO ROSSON 1 LAKE DRIVE, CALHOUN, GA 30701 | TRUSTEE EMER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 250628, FRANKLIN, MI 48025-0628
- Signed the 990-PF
- THERESE M THORN, PRESIDENT
- Phone
- (248) 737-6073
- Return prepared by
- KOPMEYER & TALTY PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-PF on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-PF on file |
IRS record
- EIN
- 38-6160330
- 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
- 1969
- Accounting year ends
- August
- Files
- Form 990-PF
- Assets (IRS master file)
- $6,218,487
- Income (IRS master file)
- $1,995,017
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | August 2025 | $749,123 | $549,802 | $6,218,487 | XML |
| 990-PF | August 2024 | $553,648 | $528,237 | $6,029,196 | XML |
| 990-PF | August 2023 | $436,165 | $491,757 | $6,064,917 | XML |
| 990-PF | August 2022 | – | – | – | IRS |
| 990-PF | August 2021 | – | – | – | IRS |
| 990-PF | August 2020 | – | – | – | IRS |
| 990-PF | August 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 38-6160330).
Questions about MILTON M RATNER FOUNDATION
- What is the EIN of MILTON M RATNER FOUNDATION?
- The employer identification number (EIN) of MILTON M RATNER FOUNDATION is 38-6160330.
- Is MILTON M RATNER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to MILTON M RATNER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MILTON M RATNER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MILTON M RATNER FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MILTON M RATNER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended August 2025.
- Who are the officers and directors of MILTON M RATNER FOUNDATION?
- The 990-PF for the year ended August 31, 2025 lists 4 people; 3 received compensation from the organization, the highest $36,000 (THERESE M THORN, PRESIDENT).
- How much revenue does MILTON M RATNER FOUNDATION have?
- On its 990-PF for the year ended August 31, 2025 it reported revenue of $749,123, expenses of $549,802 and total assets of $6,218,487 at year end.
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