Reveas Foundation

Organization Overview

Reveas Foundation is located in Pebble Beach, CA. The organization was established in 1999. 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. Reveas 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 12/2021, Reveas Foundation generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $449.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Reveas Foundation has awarded 256 individual grants totaling $9,104,161. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A-NONOPERATING FOUNDATION


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,562,547
Interest on Savings $85
Dividends & Interest $50
Net Rental Income$0
Net Gain on Sale of Assets -$7,591
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,555,091

Grants Awarded

Over the last fiscal year, Reveas Foundation has awarded $444,992 in support to 31 organizations.

Grant RecipientAmount

STANWICH CONGREGATIONAL CHURCH

Org PageRecipient Profile

Greenwich, CT

PURPOSE: ONGOING MINISTRIES

$95,000

CARMEL PRESBYTERIAN CHURCH

Org PageRecipient Profile

Carmel, CA

PURPOSE: ONGOING MINISTRIES

$53,500

HARVARD BUSINESS SCHOOL

PURPOSE: ONGOING OPERATIONS

$35,000

CENTER FOR BECOMING

Org PageRecipient Profile

Solana Beach, CA

PURPOSE: ONGOING OPERATIONS

$27,500

MONTEREY PENINSULA FOUNDATION

Org PageRecipient Profile

Monterey, CA

PURPOSE: ONGOING OPERATIONS

$27,500

FOCUS

PURPOSE: ONGOING MINISTRIES

$23,000
View Grant Profile

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