Reiner Family Foundation
- Assets
- $59.9m
- Revenue
- $3.9m
- Investments
- $59.6m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 83-2977967
Organization Overview
Reiner Family Foundation is located in Wilmington, DE. The organization was established in 2019. 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. Reiner 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 12/2023, Reiner Family Foundation generated $3.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Reiner Family Foundation has awarded 27 individual grants totaling $5,985,580. 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 |
|---|---|---|---|
Andy Reiner Sec, Dir | 1 | $0 | |
Daniel T Reiner Dir, Pres, Treas | 1 | $0 | |
Elizabeth L Reiner Dir | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 12/30/23 | $400,930 |
Foundation Source | 12/30/23 | $95,181 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,612,884 |
| Interest on Savings | $122,190 |
| Dividends & Interest | $1,934,765 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$210,441 |
| Capital Gain Net Income | $7,028,268 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $465,884 |
| Total Revenue | $3,925,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $131,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $176,261 |
| Total operating and administrative expenses | $747,011 |
| Contributions, gifts, grants paid | $2,516,226 |
| Total expenses and disbursements | $3,263,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $279,068 |
| 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 | $14,437,391 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $59,898,816 |
| 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, Reiner Family Foundation has awarded $2,516,226 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY COLLEGES OF SPOKANE FOUNDATION PURPOSE: TO PURCHASE TOOLS FOR TRADESPEOPLE PROJECT | $10,000 |
CORPORATION OF GONZAGA UNIVERSITY PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
AMERICAN PRAIRIE FOUNDATION PURPOSE: ANNUAL GALA | $25,000 |
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC PURPOSE: GENERAL & UNRESTRICTED | $2,235,226 |
UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION PURPOSE: FOR TOM NGUYEN'S RESEARCH | $100,000 |
HONNOLD FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $10,000 |