Skip to main content

Nonprofit · EIN 92-2507353

M B GALE FOUNDATION

Tax-exempt · CLEVELAND, OH 44101

Financials

$0$02023$0$02024$3.6M$200K2025
Revenue Expenses · by fiscal year end
Financials of M B GALE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$3,616,386$200,412$3,415,974$3,415,974$0$3,415,974
December 31, 2024990-PF (amended)$0$0$0$0$0$0
December 31, 2023990-PF$0$0$0$0$0$0
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,037,543
Dividends
$80,460
Net gain from sales of assets
$498,383

Expenses

Grants and similar amounts paid
$181,000
Compensation of officers, directors and key employees
$1,764
Disbursements for charitable purposes
$182,255
Excise tax on investment income
$7,794

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$3,415,974
Total liabilities, end of year
$0
Net assets, end of year
$3,415,974
Fair market value of assets
$4,516,372
Qualifying distributions
$182,255
Net investment income
$578,843

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Daniel L Horn
2400 Orange Ave 6747, Cleveland, OH 44101
Secretary/Treasurer2$1,764
Mary B Gale
2400 Orange Ave 6747, Cleveland, OH 44101
President/Trustee2$0
Deborah G Freer
2400 Orange Ave 6747, Cleveland, OH 44101
Vice-President/Trustee1$0
Thomas V Gale
2400 Orange Ave 6747, Cleveland, OH 44101
Trustee1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Mary B Gale
2400 Orange Ave 6747, Cleveland, OH 44101
President/Trustee2$0
Deborah G Freer
2400 Orange Ave 6747, Cleveland, OH 44101
Vice-President/Trustee1$0
Thomas V Gale
2400 Orange Ave 6747, Cleveland, OH 44101
Trustee1$0
Daniel L Horn
2400 Orange Ave 6747, Cleveland, OH 44101
Secretary/Treasurer2$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Mary B Gale
2400 Orange Ave 6747, Cleveland, OH 44101
President/Trustee2$0
Deborah G Freer
2400 Orange Ave 6747, Cleveland, OH 44101
Vice-President/Trustee1$0
Thomas V Gale
2400 Orange Ave 6747, Cleveland, OH 44101
Trustee1$0
Daniel L Horn
2400 Orange Ave 6747, Cleveland, OH 44101
Secretary/Treasurer2$0

Address and contacts

Address (IRS master file)
2400 ORANGE AVE UNIT 6747, CLEVELAND, OH 44101-9089
Signed the 990-PF
Mary B Gale, President
Phone
(440) 951-1391
Return prepared by
Daniel Horn

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
92-2507353
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
2024
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,415,974
Income (IRS master file)
$4,190,494

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025–––IRS
990-PFDecember 2024–––IRS
990-PFDecember 2023–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about M B GALE FOUNDATION

What is the EIN of M B GALE FOUNDATION?
The employer identification number (EIN) of M B GALE FOUNDATION is 92-2507353.
Is M B GALE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to M B GALE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does M B GALE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of M B GALE FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did M B GALE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of M B GALE FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $1,764 (Daniel L Horn, Secretary/Treasurer).
How much revenue does M B GALE FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $3,616,386, expenses of $200,412 and total assets of $3,415,974 at year end.

Other nonprofits in CLEVELAND

All nonprofits in CLEVELAND · Ohio · Philanthropy, voluntarism and grantmaking foundations