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Also known as: CO THOMAS J RATELLE
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Herman And Therese Ratelle Foundation is a private corporation based in EDINA, MN. The foundation received its IRS ruling in 1997. The principal officer is Herman Ratelle. It holds total assets of $259K. Annual income is reported at $55K. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Minnesota and South Dakota. According to available records, Herman And Therese Ratelle Foundation has made 31 grants totaling $67K, with a median grant of $2K. The foundation has distributed between $16K and $34K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $34K distributed across 16 grants. Individual grants have ranged from $1K to $3K, with an average award of $2K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Minnesota and South Dakota. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$3K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Herman And Therese Ratelle Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in MN, SD.
Herman And Therese Ratelle Foundation has distributed a total of $67K across 31 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $3K.
Herman And Therese Ratelle Foundation typically selects its grantees rather than accepting unsolicited proposals.
Herman And Therese Ratelle Foundation is headquartered in EDINA, MN. While based in MN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Therese Ratelle | DIRECTOR | $0 | $0 | N/A |
| Thomas Ratelle | DIRECTOR | $0 | $0 | N/A |
| John M Ratelle | DIRECTOR | $0 | $0 | N/A |
| Paul Ratelle | DIRECTOR | $0 | $0 | N/A |
| Mary Brigid Spence | DIRECTOR | $0 | $0 | N/A |
Total Giving
$18K
Total Assets
$278K
Fair Market Value
$303K
Net Worth
$278K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$15K
Total: $260K
Total Grants
31
Total Giving
$67K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
10
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Patrick'S Catholic ChurchGENERAL CHARITABLE PURPOSES | Edina, MN | $1K | 2023 |
| St Mary'S Mission SchoolGENERAL CHARITABLE PURPOSES | Red Lake, MN | $3K | 2023 |
| Jeremiah ProgramGENERAL CHARITABLE PURPOSES | Minneapolis, MN | $3K | 2023 |
| St John'S UniversityGENERAL CHARITABLE PURPOSES | Collegeville, MN | $2K | 2023 |
| College Of St BenedictGENERAL CHARITABLE PURPOSES | St Joseph, MN | $2K | 2023 |
| Red Cloud Indian SchoolGENERAL CHARITABLE PURPOSES | Pine Ridge, SD | $2K | 2023 |
| Peacemaker Of MinnesotaGENERAL CHARITABLE PURPOSES | Roseville, MN | $2K | 2023 |
| St Joseph'S Indian SchoolGENERAL CHARITABLE PURPOSES | Chamberlain, SD | $2K | 2023 |
| St Josephs Indian SchoolGENERAL CHARITABLE PURPOSES | Chamberlain, SD | $2K | 2020 |
| Peacemaker MinnesotaGENERAL CHARITABLE PURPOSES | Roseville, MN | $2K | 2020 |