The Albert B & Audrey G Ratner Family Foundation
- Assets
- $109.3k
- Revenue
- $11.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Shaker Heights, OH
- Founding
- 01/1973
- Data as of
- 12/2022
- EIN
- 23-7218805
Organization Overview
The Albert B & Audrey G Ratner Family Foundation is located in Shaker Heights, OH. The organization was established in 1973. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albert B & Audrey G Ratner Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Albert B & Audrey G Ratner Family Foundation generated $11.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $946.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Albert B & Audrey G Ratner Family Foundation has awarded 357 individual grants totaling $4,503,371. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert B Ratner President | 1 | $0 | |
Audrey G Ratner Trustee | 1 | $0 | |
Brian Ratner Trustee/treasurer | 1 | $0 | |
Deborah Ratner Salzberg Secretary/trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,078 |
| Dividends & Interest | $1,110 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,033 |
| Capital Gain Net Income | $246,740 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,221 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,430 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $257 |
| Total operating and administrative expenses | $11,687 |
| Contributions, gifts, grants paid | $934,721 |
| Total expenses and disbursements | $946,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $109,318 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $109,318 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Albert B & Audrey G Ratner Family Foundation has awarded $934,721 in support to 76 organizations.
| Grant Recipient | Amount |
|---|---|
AL-MUHIBBAH FOUNDATION PURPOSE: ANNUAL FUND | $3,000 |
AMERICAN JEWISH COMMITTEEE PURPOSE: CLEVELAND RICHARD H. ADLER LEADERSHIP AWARDS | $10,000 |
BARBARA & ABRAHAM MILLER FAMILY FOUNDATION PURPOSE: IHO OF BARB AND ABE'S ANNIVERSARY | $1,000 |
BIG BROTHERS BIG SISTERS OF GREATER CLEVELAND PURPOSE: ANNUAL FUND | $100 |
CLEVELAND CHESED CENTER PURPOSE: ANNUAL FUND | $5,000 |
CLEVELAND INSTITUTE OF MUSIC PURPOSE: ANNUAL FUND | $10,000 |