Thomas H And Bonnie L Reese Family Foundation
- Assets
- $1.8m
- Revenue
- $58.0k
- Investments
- $1.8m
- Employees
- 0
- Location
- Springfield, MO
- Founding
- 10/2000
- Data as of
- 06/2024
- EIN
- 43-1871265
Organization Overview
Thomas H And Bonnie L Reese Family Foundation is located in Springfield, MO. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Thomas H And Bonnie L Reese Family 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 06/2024, Thomas H And Bonnie L Reese Family Foundation generated $58.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $119.6k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Thomas H And Bonnie L Reese Family Foundation has awarded 84 individual grants totaling $956,520. 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 |
|---|---|---|---|
Jeffrey T Reese Chairman | 0 | $0 | |
Patty Johns Ctfa Director | 0 | $0 | |
M Jane Reese-Fox Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,034 |
| Dividends & Interest | $32,399 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,199 |
| Capital Gain Net Income | $24,199 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $415 |
| Total Revenue | $58,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $657 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $60 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,827 |
| Contributions, gifts, grants paid | $107,802 |
| Total expenses and disbursements | $119,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,274 |
| 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 | $221,028 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,818,566 |
| 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 | $221 |
| Total liabilities | $221 |
Grants Awarded
Over the last fiscal year, Thomas H And Bonnie L Reese Family Foundation has awarded $107,802 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST UNITED METHODIST CHURCH PURPOSE: CHILDREN'S MINISTRIES | $5,000 |
UNIVERSITY OF MISSOURI PURPOSE: REESE SCHOLARSHIP FUND | $17,500 |
LEBANON CITY CEMETERY PURPOSE: MAINTENANCE | $5,000 |
CHILDREN'S MIRACLE NETWORK HOSPITAL PURPOSE: PROGRAM SUPPORT | $8,901 |
COLLEGE OF THE OZARKS PURPOSE: EDUCATIONAL SCHOLARSHIPS | $17,500 |
UNIVERSITY OF MISSOURI PURPOSE: TIGER SCHOLARSHIP FUND | $53,901 |