Milton M Ratner Foundation
Milton M Ratner Foundation is a private foundation, based in Franklin, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.2M in total assets. In 2025, it awarded 1 grant totaling $381K. Net investment income was $695K.
Milton M Ratner Foundation at a glance
In short: Milton M Ratner Foundation gave $381K across 1 grant in 2025 (avg $381K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $381,000
- +2.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $381,000
- +2.8% vs 2024
- Median grant
- $381,000
- Total assets
- $6,218,487
- +3.1% vs 2024
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Milton M Ratner Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Milton M Ratner Foundation gives
- Giving held roughly steady from 2022 to 2025 (+5%). Method
- In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $320K (2019) to $381K (2025). In 2025 it made 1 grant totaling $381K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $381,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $6,218,487 | $749,123 | $549,802 | $381,000 | 1 | $481,833 | $695,053 | $457,253 |
| 2024 | $6,029,196 | $553,648 | $528,237 | $370,500 | 1 | $470,241 | $499,218 | $436,676 |
| 2023 | $6,064,917 | $436,165 | $491,757 | $342,500 | 1 | $442,904 | $387,312 | $437,034 |
| 2022 | $6,104,280 | $612,639 | $510,598 | $363,000 | 1 | $455,913 | $128,228 | $454,469 |
| 2021 | $6,058,283 | $544,524 | $475,314 | $324,600 | 1 | — | $503,025 | $452,720 |
| 2020 | $6,010,398 | $408,369 | $473,990 | $321,800 | 1 | — | $370,998 | $399,373 |
| 2019 | $6,097,910 | $576,452 | $480,401 | $320,000 | 1 | — | $539,117 | $396,820 |
Under IRS private-foundation payout rules, Milton M Ratner Foundation reported a distributable amount of $457K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Milton M Ratner Foundation is led by Therese M. Thorn, President on every filing since 2019; 3 of 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Therese M. Thorn
President
On filings since 2019
20 hrs/week
$36K (2019) → $36K (2025)
Carol Piltz Hermann
Secretary-Tr
Secy-Treas → Secretary-Tr, 2022
On filings since 2019
10 hrs/week
$18K (2019) → $30K (2025)
Jock S. Russell
Vice President
On filings since 2019
10 hrs/week
$18K (2019) → $30K (2025)
Mary Jo Rosson
Trustee Emeritus
On filings since 2019
$30K (2021) → $0 (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $36K, to Therese M Thorn (President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Milton M Ratner Foundation
How much does Milton M Ratner Foundation give each year?
Milton M Ratner Foundation gave $381K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $371K across 1 grant.
How large is Milton M Ratner Foundation?
Milton M Ratner Foundation reported $6.2M in total assets on its 2025 IRS Form 990-PF. It paid out $482K in qualifying distributions that year, against a required minimum of $457K (roughly 5% of its investment assets).
Where does Milton M Ratner Foundation operate?
Milton M Ratner Foundation has awarded grants in Michigan.
What is Milton M Ratner Foundation's EIN?
Milton M Ratner Foundation's EIN (Employer Identification Number) is 38-6160330. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 7, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 29, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS November 25, 2025)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Milton M Ratner Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Milton M Ratner Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/milton-m-ratner-foundation-morg_9c8331a2d5314ec8bdb7ad9b8c9396b5
BibTeX
@misc{grantable_386160330_2026,
author = {{Grantable}},
title = {{Milton M Ratner Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/milton-m-ratner-foundation-morg_9c8331a2d5314ec8bdb7ad9b8c9396b5},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Milton M Ratner Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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