Michael G Ratte Charitable Foundat

WORCESTER, MA EIN: 04-3396856

Michael G Ratte Charitable Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WORCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it awarded 1 grants totaling $100K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9K

-91.4% YoY

Annual Giving

$100K

+900.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$100K

+900.0% YoY

Under IRS private-foundation payout rules, Michael G Ratte Charitable Foundat reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Michael G Ratte Charitable Foundat

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $139K (100%)

States

Massachusetts

Cities

DevensShrewsburyWorcester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$8,503	$99,353	$104,874
Revenue	$9,922	$4,747	$4,571
Expenses	$100,772	$10,268	$10,644
Qualifying Distributions	$100,000	$10,000	$10,000
Net Investment Income	$1,036	$3,982	$4,321
Distributable Amount	$3,305	$5,351	$5,934

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jesse Burkett Little Leagues ($100,000).

Recipient	Purpose	Amount
JESSE BURKETT LITTLE LEAGUES WORCESTER, MA	COMMUNITY LITTLE LEAGUE SUPPORT	$100,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROGER DUBUQUE	TRUSTEE	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Michael G Ratte Charitable Foundat?

Michael G Ratte Charitable Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WORCESTER, MA. It holds $9K in total assets as of 2024.

How large is Michael G Ratte Charitable Foundat?

As of 2024, Michael G Ratte Charitable Foundat holds $9K in total assets with $10K in annual revenue. It awarded 1 grants totaling $100K in 2024.

Where does Michael G Ratte Charitable Foundat operate?

Michael G Ratte Charitable Foundat has awarded grants in Massachusetts.

What size grants does Michael G Ratte Charitable Foundat award?

In 2024, Michael G Ratte Charitable Foundat awarded 1 grants totaling $100K — an average of about $100K per grant, based on its IRS Form 990 filings.

How much is Michael G Ratte Charitable Foundat required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michael G Ratte Charitable Foundat reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michael G Ratte Charitable Foundat's EIN?

Michael G Ratte Charitable Foundat's EIN (Employer Identification Number) is 04-3396856. IRS Form 990 filing data is available on this page for 2020–2024.