The Bill and Ruth Mary
The Bill and Ruth Mary is a private foundation, based in Fishers, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $801K in total assets. In 2025, it awarded 3 grants totaling $81K. Net investment income was $49K.
The Bill and Ruth Mary at a glance
In short: The Bill and Ruth Mary gave $81K across 3 grants in 2025 (avg $27K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $80,891
- -36.6% vs 2024
- Grants made (2025)
- 3
- -40.0% vs 2024
- Average grant
- $26,964
- +5.7% vs 2024
- Median grant
- $13,435
- Total assets
- $801,141
- -2.7% vs 2024
- Primary geography
- Ohio (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Bill and Ruth Mary funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Andover United Methodist Church ($62K). Together the top 3 received $81K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 16 grants of 21 (76%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How The Bill and Ruth Mary gives
- Giving fell 39% from 2022 to 2025. Method
- In 2025 it paid out 221% 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 $3K (2019) to $132K (2022). In 2025 it made 3 grants totaling $81K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Andover United Methodist Church Andover, OH | General | $62,456 |
| Andover Public Library Andover, OH | General | $13,435 |
| Civic Development Corporation of Ashtabula County Ashtabula, OH | General | $5,000 |
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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 | $801,141 | $51,482 | $87,596 | $80,891 | 3 | $85,110 | $49,392 | $38,429 |
| 2024 | $823,101 | $47,250 | $133,917 | $127,575 | 5 | $131,794 | $44,628 | $42,088 |
| 2023 | $887,621 | $25,315 | $79,017 | $72,725 | 4 | $76,944 | $23,663 | $44,575 |
| 2022 | $896,153 | $28,358 | $137,864 | $131,625 | 5 | $135,832 | $25,808 | $49,326 |
| 2021 | $1,083,587 | $337,765 | $96,494 | $87,000 | 4 | $91,866 | $22,938 | $49,558 |
| 2020 | $816,942 | $381,974 | $58,334 | $55,500 | 5 | — | $2,223 | $24,233 |
| 2019 | $471,095 | $319,655 | $5,383 | $3,000 | 3 | — | $4,034 | $17,507 |
Under IRS private-foundation payout rules, The Bill and Ruth Mary reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Bill and Ruth Mary is led by Stuart Cordell, Director, President & Secretary since 2023 (on filings since 2019); none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Stuart Cordell
Director, President & Secretary
Director → Director, President & Secretary, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Jonathan D. Herbruck
Director & Treasurer
Director → Director & Treasurer, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Ruth Mary Service (2019) — Director
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 The Bill and Ruth Mary
How much does The Bill and Ruth Mary give each year?
The Bill and Ruth Mary gave $81K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $128K across 5 grants.
What is The Bill and Ruth Mary's typical grant size?
The Bill and Ruth Mary's median grant in 2025 was $13,435, and its average grant was $26,964, across 3 grants on its 2025 IRS Form 990-PF.
Where does The Bill and Ruth Mary give grants?
The Bill and Ruth Mary gives mostly in Ohio: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Andover, OH (2 grants).
Does The Bill and Ruth Mary give general operating support?
Yes: 100% of The Bill and Ruth Mary's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Bill and Ruth Mary?
The Bill and Ruth Mary reported $801K in total assets on its 2025 IRS Form 990-PF. It paid out $85K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).
What is The Bill and Ruth Mary's EIN?
The Bill and Ruth Mary's EIN (Employer Identification Number) is 26-1704805. 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.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 29, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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