The Reeves Foundation

Organization Overview

The Reeves Foundation is located in Short Hills, NJ. The organization was established in 1988. 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. Reeves 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 06/2021, Reeves Foundation generated $2.0m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Reeves Foundation has awarded 11 individual grants totaling $1,052,519. 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

NONE - NOT A PRIVATE OPERATING FOUNDATION


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $152,436
Interest on Savings $0
Dividends & Interest $360,595
Net Rental Income$0
Net Gain on Sale of Assets $1,483,310
Capital Gain Net Income $1,483,310
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$26,806
Total Revenue $1,969,535

Grants Awarded

Over the last fiscal year, The Reeves Foundation has awarded $1,052,519 in support to 11 organizations.

Grant RecipientAmount

OVERLOOK FOUNDATION

Org PageRecipient Profile

Summit, NJ

PURPOSE: CAPITAL

$300,000

HARLEM ACADEMY

PURPOSE: CAPITAL

$200,000

OVERLOOK FOUNDATION

Org PageRecipient Profile

Summit, NJ

PURPOSE: CAPITAL

$200,000

HARLEM ACADEMY

PURPOSE: CAPITAL

$150,000

OVERLOOK FOUNDATION

Org PageRecipient Profile

Summit, NJ

PURPOSE: CAPITAL

$150,000

AMERICAN RED CROSS SUMMIT

PURPOSE: OPERATING

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Reeves Foundation has recieved totaling $10,000.

Awarding OrganizationAmount
David B Lynch Foundation

Wilmington, DE

PURPOSE: GENERAL PURPOSE

$5,000
Laser Family Foundation

Evanston, IL

PURPOSE: GENERAL OPERATING PURPOSES

$5,000
View Grant Recipient Profile

Peer Organizations

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