COWDERY RUTH S FDN-MAX TA Charity Report

Public IRS 990 nonprofit record

COWDERY RUTH S FDN-MAX TA

EIN 34-6887763

What they do

GRANTS ARE MADE ACCORDING to THE TRUST AGREEMENT DATED JUNE 2, 1981 .KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS AS FOLLOWS:1/3 SHARE to HIRAM COLLEGE1/3 SHARE to UH CONNEAUT MEDICAL CENTER 1/3 SHARE PARK STREET CHRISTIAN CHURCH. KEYBANK MAINTAINS RESPONSIVENESS to THE NEEDS and ACTIVITIES of EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT of ITS MISSION. EACH ORGANIZATION SHALL HAVE THE RIGHT AT ANY TIME to OFFER ITS INSIGHT or SUGGESTIONS to KEYBANK WITH RESPECT to THE ADMINISTRATION or INVESTMENTS of THE TRUST. KEYBANK AGREES to TAKE DUE CONSIDERATION of ALL SUGGESTIONS, and AGREES to TAKE ALL STEPS NECESSARY to ENSURE THAT THE ORGANIZATIONS HAVE A SIGNIFICANT VOICE WITH RESPECT to THE TRUST. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT of 1999, THE BENEFICIARY HAS CHOSEN to RECEIVE THE MAXIMUM of INCOME BASED ON THE GREATER of 5% of AFV or TRADITIONAL INCOME.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders1 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.75%of revenue went to mission work83.3% of expenses · Program services

$105.35spent for every $100 of revenueSpending was higher than revenue this year.

17.59%of revenue went to management and office costs16.7% of expenses

$15.13in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $5,677 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $17,430 for KEYBANK NA (TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$106,179

Mission workProgram services$93,17687.75% of revenue83.3% of expenses

ManagementOffice and general costs$18,68017.59% of revenue16.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$111,856105.35% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 83.3% mission · 16.7% management · 0.0% fundraisingTotal expenses: 105.35% of revenue

2024Expense mix: 82.5% mission · 17.5% management · 0.0% fundraisingTotal expenses: 59.93% of revenue

2023Expense mix: 84.2% mission · 15.8% management · 0.0% fundraisingTotal expenses: 423.19% of revenue

2022Expense mix: 85.5% mission · 14.5% management · 0.0% fundraisingRevenue comparison unavailable

2021Expense mix: 81.7% mission · 18.3% management · 0.0% fundraisingTotal expenses: 46.14% of revenue

2020Expense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 111.30% of revenue

2019Expense mix: 84.2% mission · 15.8% management · 0.0% fundraisingTotal expenses: 75.06% of revenue

Money in and money out

Revenue$106,179

Expenses$111,856

Annual shortfall $5,677 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$93,176 · 83.3% of expenses

Management and office costs$18,680 · 16.7% of expenses

See all reported dollar amounts

Revenue$106,179

Expenses$111,856

Assets$1,691,830

Income$177,402

Mission work (program services)$93,176

Grants given$596,116

Average grant$29,806

Management and general$18,680

Accounting fees$1,050

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KEYBANK NATRUSTEE $17,430

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (1)

KEYBANK NATRUSTEE

About this charity

Location: 4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH 44144
County: Cuyahoga
In care of: KEYBANK BY JOSEPH VELKOS
Primary officer: KEYBANK BY JOSEPH VELKOS, VICE PRESIDENT

How to reach them

Phone(216) 689-7663

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: PWC US TAX LLP
Grant-giving organization: Yes