Milton and Margie Ruben Charitable

Private foundation · Grantmaker Augusta, GA EIN: 26-2569721

Milton and Margie Ruben Charitable is a private foundation, based in Augusta, GA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 9 grants totaling $68K. Net investment income was $60K.

Key facts about Milton and Margie Ruben Charitable

In short: Milton and Margie Ruben Charitable gave $68K across 9 grants in 2025 (avg $8K), mostly in Louisiana. Source: 2025 IRS Form 990-PF.

EIN
26-2569721
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$68,025
Grants made (2025)
9
Average grant
$7,558
Median grant
$1,640
Total assets
$1,132,092
Primary geography
Louisiana (74% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

-1.6% YoY

Annual Giving

$68K

+55.2% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$8K

+38.0% YoY

Under IRS private-foundation payout rules, Milton and Margie Ruben Charitable reported a distributable amount of $59K for 2025 — the minimum it must pay out in qualifying distributions.

How Milton and Margie Ruben Charitable gives

  • Giving grew 101% from 2022 to 2025. Method
  • In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 9 itemized 2025 grant dollars.

Cities

AugustaHighlandsEvansNew YorkClevelandNew OrleansRockville CentreAikenAshevilleCharlotteGermantown

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K13 grants201910 grants202012 grants202117 grants20227 grants20238 grants20249 grants2025

From 2019 to 2025, annual grant giving ranged from $34K (2022) to $68K (2025). In 2025 it made 9 grants totaling $68K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Tulane University Bookfest: $50KTulane University Bookfest$50KMountain Theater CO: $6KMountain Theater CO$6KJewish Community Center and Federation of Augusta: $5KJewish Community Center andFederation of Augusta$5KAdas Yeshurun: $2KAdas Yeshurun$2KHighlands Cashiers Chamber Music Festival: $2KHighlands Cashiers ChamberMusic Festival$2KCenter for Life Enrichment: $2KCenter for Life Enrichment$2KRay Coleman Bridge Club: $1KRay Coleman Bridge Club$1KMemphis Jewish Federation: $1KMemphis Jewish Federation$1KAugusta University: $163Augusta University$163

The largest 2025 recipient was Tulane University Bookfest ($50K). Together the top 9 received $68K.

Grant Size Distribution

53 grants across all recorded years

51<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 51 grants of 53 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Tulane University Bookfest New Orleans, LACommunity Support$50,000
Mountain Theater CO Highlands, NCCommunity Support$5,642
Jewish Community Center and Federation of Augusta Augusta, GAReligious$5,000
Adas Yeshurun Augusta, GAReligious$2,000
Highlands Cashiers Chamber Music Festival Highlands, NCCommunity Support$1,640
Center for Life Enrichment Cleveland, OHCommunity Support$1,500
Ray Coleman Bridge Club Augusta, GACommunity Support$1,080
Memphis Jewish Federation Germantown, TNReligious$1,000
Augusta University Augusta, GACommunity Support$163

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2019202020212022202320242025
Metric202520242023
Total Assets$1,132,092$1,149,946$860,019
Revenue$61,977$320,584$26,688
Expenses$79,831$55,493$86,202
Qualifying Distributions$68,025$43,817$60,902
Net Investment Income$60,377$308,627$30,310
Distributable Amount$59,115$52,518$51,570

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 14, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Milton and Margie Ruben Charitable's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Amy Bernstein

    Trustee

    On filings since 2019

    No compensation reported

  • Jody Cohen

    Trustee

    On filings since 2024

    No compensation reported

  • Marjorie Ruben

    Trustee

    On filings since 2024

    No compensation reported

Former officers (1)
  • Former: Milton Ruben (2019–2023) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Milton and Margie Ruben Charitable

How much does Milton and Margie Ruben Charitable give each year?

Milton and Margie Ruben Charitable gave $68K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $44K across 8 grants.

What is Milton and Margie Ruben Charitable's typical grant size?

Milton and Margie Ruben Charitable's median grant in 2025 was $1,640, and its average grant was $7,558, across 9 grants on its 2025 IRS Form 990-PF.

Where does Milton and Margie Ruben Charitable give grants?

Milton and Margie Ruben Charitable gives mostly in Louisiana: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Georgia (12%) and North Carolina (11%). The most frequent recipient cities were Augusta, GA (4 grants) and Highlands, NC (2 grants).

Does Milton and Margie Ruben Charitable give general operating support?

Not in 2025: none of the 9 grants with a stated purpose on Milton and Margie Ruben Charitable's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Support" (6 grants) and "Religious" (3 grants).

Who are Milton and Margie Ruben Charitable's largest grantees?

Milton and Margie Ruben Charitable's largest 2025 grantees include Tulane University Bookfest ($50,000), Mountain Theater CO ($5,642) and Jewish Community Center and Federation of Augusta ($5,000), according to its 2025 IRS Form 990-PF. Together they received 89% of its itemized 2025 grant dollars.

How large is Milton and Margie Ruben Charitable?

Milton and Margie Ruben Charitable reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $68K in qualifying distributions that year, against a required minimum of $59K (roughly 5% of its investment assets).

What is Milton and Margie Ruben Charitable's EIN?

Milton and Margie Ruben Charitable's EIN (Employer Identification Number) is 26-2569721. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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