Reeder Foundation
- Assets
- $37.1m
- Revenue
- $5.6m
- Investments
- $35.9m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 04-3542100
Organization Overview
Reeder Foundation is located in Boston, MA. The organization was established in 2001. 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. Reeder 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, Reeder Foundation generated $5.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Reeder Foundation has awarded 45 individual grants totaling $13,695,000. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $486,950 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,115,084 |
| Capital Gain Net Income | $824,382 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,612 |
| Total Revenue | $5,622,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $312,064 |
| Taxes | $42,701 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,163 |
| Total operating and administrative expenses | $429,648 |
| Contributions, gifts, grants paid | $3,065,000 |
| Total expenses and disbursements | $3,494,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,260,980 |
| Savings and temporary cash investments | $0 |
| 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 | $35,858,901 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,119,881 |
| 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, Reeder Foundation has awarded $3,065,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON UNCORNERED PURPOSE: UNRESTRICTED | $15,000 |
CRADLES TO CRAYONS PURPOSE: UNRESTRICTED | $150,000 |
DUET INC PURPOSE: UNRESTRICTED | $250,000 |
FISHTANK LEARNING PURPOSE: UNRESTRICTED | $500,000 |
MORE THAN WORDS PURPOSE: UNRESTRICTED | $150,000 |
GREENLIGHT FUND PURPOSE: UNRESTRICTED | $200,000 |