Henry & Anne Reich Family Foundation Inc
- Assets
- $3.0m
- Revenue
- $2.0m
- Investments
- $873.6k
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- 12/1983
- Data as of
- 12/2023
- EIN
- 52-1308578
Organization Overview
Henry & Anne Reich Family Foundation Inc is located in Chevy Chase, MD. The organization was established in 1983. 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. Henry & Anne Reich Family 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 12/2023, Henry & Anne Reich Family Foundation Inc generated $2.0m in total revenue. All expenses for the organization totaled $80.7k during the year ending 12/2023. While expenses have increased by 0.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Henry & Anne Reich Family Foundation Inc has awarded 123 individual grants totaling $314,740. 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 |
|---|---|---|---|
Lee Rubenstein Co-President | 0 | $0 | |
Hilary Reich Co-President | 0 | $0 | |
Lisa Reich Director | 0 | $0 | |
Beth Rubenstein Sec'y/treasu | 0 | $0 | |
Barton Rubenstein Director | 0 | $0 | |
Amy Rubenstein Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,004,495 |
| Interest on Savings | $2,767 |
| Dividends & Interest | $35,555 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,200 |
| Capital Gain Net Income | $1,508 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,045,017 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,244 |
| Taxes | $1,066 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $278 |
| Total operating and administrative expenses | $16,882 |
| Contributions, gifts, grants paid | $63,768 |
| Total expenses and disbursements | $80,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,041,999 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $75,000 |
| Total assets | $2,990,610 |
| 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, Henry & Anne Reich Family Foundation Inc has awarded $63,768 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ADAS ISRAEL CONGREGATION PURPOSE: TO PROVIDE ASSISTANCE TO A 501C3 ORG | $4,368 |
ARENA STAGE PURPOSE: TO PROVIDE ASSISTANCE TO A 501C3 ORG | $3,400 |
DOCTORS WITHOUT BORDERS PURPOSE: TO PROVIDE ASSISTANCE TO A 501C3 ORG | $1,500 |
EDCJCC PURPOSE: TO PROVIDE ASSISTANCE TO A 501C3 ORG | $4,000 |
MCGILL UNIVERSITY PURPOSE: TO PROVIDE ASSISTANCE TO A 501C3 ORG | $500 |
MOTHER EARTH PROJECT PURPOSE: TO PROVIDE ASSISTANCE TO A 501C3 ORG | $5,500 |