The Michigan State Capitol

Form 990-PFTax year 2024EIN 38-6160330

Milton M Ratner Foundation

A private foundation in Franklin, MI. Its return for tax year 2024 lists 1 grant and $381,000 paid in grants.

Tax year 2024 (period ending Aug 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Therese M Thorn
PO Box 250628
Franklin, MI 480250628
(248) 737-6073
Form and materials
Applicants should include an outline of the proposed budget and its objectives, as well as a photocopy of the tax-exempt status letter from the IRS.
Deadlines
August 31
Restrictions
N/A

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $381,000

    Grants listed
    1
    Assets, end of year
    $6,218,487
  • Tax year 2023

    $370,500

    Grants listed
    1
    Assets, end of year
    $6,029,196
  • Tax year 2022

    $342,500

    Grants listed
    1
    Assets, end of year
    $6,064,917
  • Tax year 2021

    $363,000

    Grants listed
    1
    Assets, end of year
    $6,104,280
  • Tax year 2020

    $324,600

    Grants listed
    1
    Assets, end of year
    $6,058,283
  • Tax year 2019

    $321,800

    Grants listed
    1
    Assets, end of year
    $6,010,398
  • Tax year 2018

    $320,000

    Grants listed
    1
    Assets, end of year
    $6,097,910
  • Tax year 2017

    $302,237

    Grants listed
    1
    Assets, end of year
    $6,021,793

Grants paid in 2024

1 grant, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Individual

    Various

    $381,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Therese M ThornPRESIDENT Hours 20Pay $36,000
  • Jock S RussellVICE PRESIDE Hours 10Pay $30,000
  • Carol Piltz HermannSECRETARY-TR Hours 10Pay $30,000
  • Mary Jo RossonTRUSTEE EMER Hours 0Pay $0

The return

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  2. Thewes Family FoundationBirmingham, MI 14 grants Preselected only $380,000 giving
  3. Hecht Foundation IncDetroit, MI 12 grants Preselected only $383,500 giving
  4. The June and Cecil McDole Charitable FundBloomfield Hills, MI 66 grants Preselected only $377,600 giving
  5. Ashok & Sharada Sarnaik Family FoundationGrosse Pointe Woods, MI 1 grant Accepts applications $376,068 giving