Reiman Foundation Inc
- Assets
- $79.9m
- Revenue
- $12.3m
- Investments
- $79.4m
- Employees
- 0
- Location
- Pewaukee, WI
- Founding
- 02/1987
- Data as of
- 12/2022
- EIN
- 39-1570264
Organization Overview
Reiman Foundation Inc is located in Pewaukee, WI. The organization was established in 1987. 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. Reiman Foundation Inc 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, Reiman Foundation Inc generated $12.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $11.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Reiman Foundation Inc has awarded 1,112 individual grants totaling $88,358,792. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Hipp President & Secretary | 0 | $0 | |
Roy J Reiman Director | 0 | $0 | |
Roberta M Reiman Director | 0 | $0 | |
Scott J Reiman Chairman And CEO | 2 | $0 | |
Brian F Fleischmann Executive Vice President & | 0 | $0 | |
Julia M Ellis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,600,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $640,225 |
| Net Rental Income | -$1,632,830 |
| Net Gain on Sale of Assets | $3,996,746 |
| Capital Gain Net Income | $3,996,746 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $512,491 |
| Other Income | $4,521,982 |
| Total Revenue | $12,271,444 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,077,061 |
| Total operating and administrative expenses | $5,077,061 |
| Contributions, gifts, grants paid | $6,201,822 |
| Total expenses and disbursements | $11,278,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $456,522 |
| 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 | $79,434,940 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $79,891,462 |
| 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 | $2,500,000 |
| Total liabilities | $2,500,000 |
Grants Awarded
Over the last fiscal year, Reiman Foundation Inc has awarded $6,201,822 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHDIOCESE OF MILWAUKEE PURPOSE: CATHOLIC STEWARDSHIP APPEAL | $100,000 |
ARCHDIOCESE OF MILWAUKEE PURPOSE: GENERAL OPERATIONS | $75,000 |
ACE SCHOLARSHIPS PURPOSE: ACE SCHOLARSHIPS | $1,000,000 |
CASS CAREER CETER PURPOSE: GENERAL OPERATIONS | $5,000 |
AURORA MEDICAL HEALTH CARE FOUNDATION PURPOSE: GENERAL OPERATIONS | $25,000 |
CATCH A STAR ACADAMY PURPOSE: GENERAL OPERATIONS | $30,000 |