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Nonprofit · EIN 59-6874589

NORMAN R RALES AND RUTH RALES FOUNDATION

Tax-exempt · WASHINGTON, DC 20037

Financials

$7.8M$16.3M2022$8.2M$38.5M2023$12.6M$133.3M2024
Revenue Expenses · by fiscal year end
Financials of NORMAN R RALES AND RUTH RALES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2025990-PF$12,631,805$133,331,563-$120,699,758$53,460,570$4,688$53,455,882
November 30, 2024990-PF$8,218,589$38,460,296-$30,241,707$185,496,219$4,416$185,491,803
November 30, 2023990-PF$7,841,955$16,263,744-$8,421,789$212,153,902$3,668$212,150,234
Financial details: 990-PF for the year ended November 30, 2025

Revenue

Dividends
$3,670,694
Interest
$3,531,808
Net gain from sales of assets
$5,429,303

Expenses

Grants and similar amounts paid
$131,789,163
Compensation of officers, directors and key employees
$646,786
Salaries, compensation and benefits (total)
$356,000
Disbursements for charitable purposes
$133,156,974
Excise tax on investment income
$175,451

Balance sheet and other

Total assets, start of year
$185,496,219
Total assets, end of year
$53,460,570
Total liabilities, end of year
$4,688
Net assets, end of year
$53,455,882
Fair market value of assets
$53,460,570
Qualifying distributions
$133,156,974
Net investment income
$12,631,805

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 November 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ILEANE ROSENTHAL
7910 WOODMONT AVENUE SUITE 1440, BETHESDA, MD 20814
CHIEF OPERATING OFFICER40$341,600$35,623
JOSHUA B RALES
7910 WOODMONT AVENUE SUITE 1440, BETHESDA, MD 20814
TRUSTEE & PRESIDENT40$305,186$39,822
MAURA DYER
7910 WOODMONT AVE STE 1440, BETHESDA, MD 20814
VP OF ADMIN & HR
Highest-paid employee
40$192,400$30,055
ALISON BEYRLE
7910 WOODMONT AVE STE 1440, BETHESDA, MD 20814
SENIOR VP PRGM & GRA
Highest-paid employee
40$163,600$10,263
STEVEN M RALES
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
TRUSTEE1$0$0
MITCHELL P RALES
11790 GLEN ROAD, POTOMAC, MD 20854
TRUSTEE1$0$0
JOSEPH O BUNTING III
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
VICE PRESIDENT & TREASURER1$0$0
MARY W DUNN
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
SECRETARY5$0$0
TERESA LC BALDWIN
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
ASSISTANT TREASURER/SECRETARY1$0$0
QUEENIE H CHUNG
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
VICE PRESIDENT1$0$0
990-PF for the year ended November 30, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
ILEANE ROSENTHAL
7910 WOODMONT AVENUE SUITE 1440, BETHESDA, MD 20814
CHIEF OPERATING OFFICER40$322,400$34,721
JOSHUA B RALES
7910 WOODMONT AVENUE SUITE 1440, BETHESDA, MD 20814
TRUSTEE & PRESIDENT40$305,164$39,189
MAURA DYER
7910 WOODMONT AVE STE 1440, BETHESDA, MD 20814
VP OF ADMIN & HR
Highest-paid employee
40$182,800$29,538
ALISON BEYRLE
7910 WOODMONT AVE STE 1440, BETHESDA, MD 20814
SENIOR VP PRGM & GRA
Highest-paid employee
40$154,000$9,830
STEVEN M RALES
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
TRUSTEE1$0$0
MITCHELL P RALES
11790 GLEN ROAD, POTOMAC, MD 20854
TRUSTEE1$0$0
JOSEPH O BUNTING III
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
VICE PRESIDENT & TREASURER1$0$0
MARY W DUNN
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
SECRETARY5$0$0
TERESA LC BALDWIN
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
ASSISTANT TREASURER/SECRETARY1$0$0
990-PF for the year ended November 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
JOSHUA B RALES
7910 WOODMONT AVENUE SUITE 1440, BETHESDA, MD 20814
TRUSTEE & PRESIDENT40$305,000$37,907
ILEANE ROSENTHAL
7910 WOODMONT AVENUE SUITE 1440, BETHESDA, MD 20814
CHIEF OPERATING OFFICER40$303,200$33,665
MAURA DYER
7910 WOODMONT AVE STE 1440, BETHESDA, MD 20814
VP OF ADMIN & HR
Highest-paid employee
40$163,600$28,484
ALISON BEYRLE
7910 WOODMONT AVE STE 1440, BETHESDA, MD 20814
SENIOR VP PRGM & GRA
Highest-paid employee
40$144,400$8,418
STEVEN M RALES
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
TRUSTEE1$0$0
MITCHELL P RALES
11790 GLEN ROAD, POTOMAC, MD 20854
TRUSTEE1$0$0
JOSEPH O BUNTING III
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
VICE PRESIDENT & TREASURER1$0$0
MARY W DUNN
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
SECRETARY5$0$0
TERESA LC BALDWIN
2200 PENN AVE NW STE 800W, WASHINGTON, DC 20037
ASSISTANT TREASURER/SECRETARY1$0$0

Address and contacts

Address (IRS master file)
2200 PENN AVE NW 800W, WASHINGTON, DC 20037-1731
In care of
% JOSEPH O BUNTING III
Signed the 990-PF
QUEENIE H CHUNG, VICE PRESIDENT
Phone
(202) 419-7606
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 November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026990-PF on file
2023November 30, 2024April 15, 2025990-PF on file
2022November 30, 2023April 15, 2024990-PF on file

IRS record

EIN
59-6874589
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
1988
Accounting year ends
November
Files
Form 990-PF
Assets (IRS master file)
$53,460,570
Income (IRS master file)
$27,048,717

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFNovember 2025$12,631,805$133,331,563$53,460,570XML
990-PFNovember 2024$8,218,589$38,460,296$185,496,219XML
990-PFNovember 2023$7,841,955$16,263,744$212,153,902XML
990-PFNovember 2022–––IRS
990-PFNovember 2021–––IRS
990-PFNovember 2020–––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 59-6874589).

Questions about NORMAN R RALES AND RUTH RALES FOUNDATION

What is the EIN of NORMAN R RALES AND RUTH RALES FOUNDATION?
The employer identification number (EIN) of NORMAN R RALES AND RUTH RALES FOUNDATION is 59-6874589.
Is NORMAN R RALES AND RUTH RALES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to NORMAN R RALES AND RUTH RALES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NORMAN R RALES AND RUTH RALES FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of NORMAN R RALES AND RUTH RALES FOUNDATION due?
The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORMAN R RALES AND RUTH RALES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended November 2025.
Who are the officers and directors of NORMAN R RALES AND RUTH RALES FOUNDATION?
The 990-PF for the year ended November 30, 2025 lists 10 people; 4 received compensation from the organization, the highest $341,600 (ILEANE ROSENTHAL, CHIEF OPERATING OFFICER).
How much revenue does NORMAN R RALES AND RUTH RALES FOUNDATION have?
On its 990-PF for the year ended November 30, 2025 it reported revenue of $12,631,805, expenses of $133,331,563 and total assets of $53,460,570 at year end.

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