Rea Charitable Trust

Organization Overview

Rea Charitable Trust is located in Las Vegas, NV. The organization was established in 2009. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Rea Charitable Trust 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 09/2021, Rea Charitable Trust generated $14.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (44.2%) each year. All expenses for the organization totaled $6.5m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Rea Charitable Trust has awarded 507 individual grants totaling $15,480,300. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $2,951,179
Net Rental Income$0
Net Gain on Sale of Assets $10,798,347
Capital Gain Net Income $10,798,347
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $266,443
Total Revenue $14,015,969

Grants Awarded

Over the last fiscal year, Rea Charitable Trust has awarded $10,524,000 in support to 366 organizations.

Grant RecipientAmount

MUSEUM OF THE SOUTHWEST

Org PageRecipient Profile

Midland, TX

PURPOSE: GENERAL OPERATING

$500,000

MUSEUM OF THE SOUTHWEST

Org PageRecipient Profile

Midland, TX

PURPOSE: GENERAL OPERATING

$500,000

MIDLAND ISD EDUCATION FOUNDATION

Org PageRecipient Profile

Midland, TX

PURPOSE: GENERAL OPERATING

$250,000

MIDLAND ISD EDUCATION FOUNDATION

Org PageRecipient Profile

Midland, TX

PURPOSE: GENERAL OPERATING

$250,000

ARTS COUNCIL OF MIDLAND

Org PageRecipient Profile

Midland, TX

PURPOSE: GENERAL OPERATING

$150,000

ARTS COUNCIL OF MIDLAND

Org PageRecipient Profile

Midland, TX

PURPOSE: GENERAL OPERATING

$150,000
View Grant Profile

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