Milton and Margie Ruben Charitable

AUGUSTA, GA EIN: 26-2569721

Milton and Margie Ruben Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUGUSTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $44K. Net investment income was $309K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+33.7% YoY

Annual Giving

$44K

-28.1% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$5K

-37.0% YoY

Under IRS private-foundation payout rules, Milton and Margie Ruben Charitable reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

About Milton and Margie Ruben Charitable

Based on IRS filings

Milton and Margie Ruben Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUGUSTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $44K. Net investment income was $309K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AikenAshevilleAugustaCharlotteClevelandEvansHighlandsNew OrleansNew YorkRockville Centre

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$399K$599K$798K20202021202220232024
Metric202420232022
Total Assets$1,149,946$860,019$919,533
Revenue$320,584$26,688$725,825
Expenses$55,493$86,202$38,534
Qualifying Distributions$43,817$60,902$33,852
Net Investment Income$308,627$30,310$722,935
Distributable Amount$52,518$51,570$43,502

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$46K$61K10 grants202012 grants202117 grants20227 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

TULANE UNIVERSITY BOOKFEST$25KJEWISH COMMUNITY CENTER …$10KHIGHLANDS PERFORMING ART…$3KADAS YESHURUN$3KCENTER FOR LIFE ENRICHMENT$2KHIGHLANDS CASHIERS CHAMB…$1KMORRIS MUSEUM OF ART$500MOUNTAIN THEATER CO$390

Grant Size Distribution

54 grants across all recorded years

53<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Tulane University Bookfest ($25,000), Jewish Community Center and Federation of Augusta ($10,000), Highlands Performing Arts Center ($2,587).

RecipientPurposeAmount
CENTER FOR LIFE ENRICHMENT CLEVELAND, OHCOMMUNITY SUPPORT$1,500
HIGHLANDS PERFORMING ARTS CENTER HIGHLANDS, NCCOMMUNITY SUPPORT$2,587
HIGHLANDS CASHIERS CHAMBER MUSIC FESTIVAL HIGHLANDS, NCCOMMUNITY SUPPORT$1,260
MOUNTAIN THEATER CO HIGHLANDS, NCCOMMUNITY SUPPORT$390
MORRIS MUSEUM OF ART AUGUSTA, GACOMMUNITY SUPPORT$500
TULANE UNIVERSITY BOOKFEST NEW ORLEANS, LACOMMUNITY SUPPORT$25,000
JEWISH COMMUNITY CENTER AND FEDERATION OF AUGUSTA AUGUSTA, GARELIGIOUS$10,000
ADAS YESHURUN AUGUSTA, GARELIGIOUS$2,580

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AMY BERNSTEINTRUSTEE
JODY COHENTRUSTEE
MARJORIE RUBENTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Milton and Margie Ruben Charitable?

Milton and Margie Ruben Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUGUSTA, GA. It holds $1.1M in total assets as of 2024.

How large is Milton and Margie Ruben Charitable?

As of 2024, Milton and Margie Ruben Charitable holds $1.1M in total assets with $321K in annual revenue. It awarded 8 grants totaling $44K in 2024.

Where does Milton and Margie Ruben Charitable operate?

Milton and Margie Ruben Charitable has awarded grants in Georgia, Louisiana, North Carolina, New York, Ohio, South Carolina.

What size grants does Milton and Margie Ruben Charitable award?

In 2024, Milton and Margie Ruben Charitable awarded 8 grants totaling $44K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Milton and Margie Ruben Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Milton and Margie Ruben Charitable reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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

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