Rieschel Foundation
- Assets
- $0.0
- Revenue
- $9.5m
- Investments
- $7.9m
- Employees
- 0
- Location
- Bozeman, MT
- Founding
- 07/2019
- Data as of
- 12/2020
- EIN
- 83-3594839
Organization Overview
Rieschel Foundation is located in Bozeman, MT. 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. Rieschel 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 12/2020, Rieschel Foundation generated $9.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rieschel Foundation has awarded 63 individual grants totaling $4,470,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Macfadyen Director, Executive Director | 42 | $250,000 | |
Gary Rieschel Director, President, Chair Of Board | 1 | $0 | |
Yucca Rieschel Director, Secretary, Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,389,821 |
| Interest on Savings | $274 |
| Dividends & Interest | $52,423 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,606,434 |
| Total Revenue | $9,466,482 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $250,000 |
| Pension plans, employee benefits | $33,810 |
| Depreciation | $0 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $3,543 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $750,857 |
| Contributions, gifts, grants paid | $1,490,000 |
| Total expenses and disbursements | $2,240,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,667 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,870,767 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rieschel Foundation has awarded $4,470,000 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
REED COLLEGE PURPOSE: GENERAL SUPPORT | $700,000 |
REED COLLEGE PURPOSE: GENERAL SUPPORT | $700,000 |
REED COLLEGE PURPOSE: GENERAL SUPPORT | $700,000 |
Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $250,000 |
Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $250,000 |
Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hughes Charitable Foundation Jackson, WY | $5,676,764 | $10,003,792 |
Gianforte Fam Charitable Tr Bozeman, MT | $232,267,609 | $12,872,148 |
The Aditi Foundation Sioux Falls, SD | $272,669 | $9,625,048 |
Denny Sanford Foundation Sioux Falls, SD | $42,390,595 | $5,136,218 |
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Laura Moore Cunningham Foundation Inc Boise, ID | $9,665,036 | $4,890,131 |
Bruno And Evelyne Betti Foundation Billings, MT | $0 | $451,341 |
Dakota Charitable Foundation Inc Rapid City, SD | $26,047,186 | $2,168,472 |
Town Pump Charitable Foundation Butte, MT | $40,763,462 | $8,633,359 |
Pharos Foundation Jackson, WY | $46,452,761 | $4,714,657 |