Nonprofit · EIN 38-3261371
MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST
Tax-exempt · DETROIT, MI 48275
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $20,767 | $17,403 | $3,364 | $204,911 | $0 | $204,911 |
| September 30, 2024 | 990-PF | $9,891 | $19,972 | -$10,081 | $210,099 | $0 | $210,099 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $6,211
- Net gain from sales of assets
- $14,556
Expenses
- Grants and similar amounts paid
- $10,900
- Compensation of officers, directors and key employees
- $6,462
- Disbursements for charitable purposes
- $11,546
- Excise tax on investment income
- $208
Balance sheet and other
- Total assets, start of year
- $210,099
- Total assets, end of year
- $204,911
- Total liabilities, end of year
- $0
- Net assets, end of year
- $204,911
- Fair market value of assets
- $324,553
- Qualifying distributions
- $11,546
- Net investment income
- $20,767
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COMERICA BANK PO BOX 75000 M/C 3420, DETROIT, MI 48275 | TRUSTEE | 1 | $6,462 |
990-PF for the year ended September 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COMERICA BANK PO BOX 75000 M/C 3420, DETROIT, MI 48275 | TRUSTEE | 1 | $6,102 |
Address and contacts
- Address (IRS master file)
- PO BOX 75000, DETROIT, MI 48275-7874
- In care of
- % COMERICA BANK AGENT
- Signed the 990-PF
- MATTHEW GRABOWSKI, VICE PRESIDENT
- Phone
- (248) 984-1370
- Return prepared by
- KPMG LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-PF on file |
IRS record
- EIN
- 38-3261371
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1996
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22I)
- Assets (IRS master file)
- $204,911
- Income (IRS master file)
- $32,359
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $20,767 | $17,403 | $204,911 | XML |
| 990-PF | September 2024 | $9,891 | $19,972 | $210,099 | XML |
| 990-PF | September 2023 | – | – | – | IRS |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | September 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3261371).
Questions about MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST
- What is the EIN of MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST?
- The employer identification number (EIN) of MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST is 38-3261371.
- Is MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST?
- The 990-PF for the year ended September 30, 2025 lists 1 person; 1 received compensation from the organization, the highest $6,462 (COMERICA BANK, TRUSTEE).
- How much revenue does MABLE AND RAY PETERSEN MASTER CRAFTSMAN SCHOLARSHIP TRUST have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $20,767, expenses of $17,403 and total assets of $204,911 at year end.
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