Carl M Reeves And Mildred A Reeves Foundation Inc
- Assets
- $13.5m
- Revenue
- $1.8m
- Investments
- $13.3m
- Employees
- 0
- Location
- Fenton, MO
- Founding
- 01/1998
- Data as of
- 12/2022
- EIN
- 35-2026200
Organization Overview
Carl M Reeves And Mildred A Reeves Foundation Inc is located in Fenton, MO. The organization was established in 1998. 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. Carl M Reeves And Mildred A Reeves 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 12/2022, Carl M Reeves And Mildred A Reeves Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 10.3% 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 2020, Carl M Reeves And Mildred A Reeves Foundation Inc has awarded 237 individual grants totaling $7,945,717. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT SUPPORT TO VARIOUS ORGANIZED CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ann Nunn President / Treasurer | 3 | $1,500 | |
Ashley Abner Director | 1 | $1,500 | |
Lisa M Debord Vice President / Secretary | 1 | $1,500 | |
Janae E Franke - Norman Director | 1 | $1,500 | |
Stephen Brueggemann Director | 1 | $1,500 | |
Shane M Yates Director | 1 | $1,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Yellow Cardinal Advisory Groupfirst Financial | 12/30/22 | $68,741 |
Mary Ann Nunn | 12/30/22 | $43,538 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,355 |
| Dividends & Interest | $427,797 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,351,428 |
| Capital Gain Net Income | $1,351,428 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,780,580 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,487 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,416 |
| Total operating and administrative expenses | $142,207 |
| Contributions, gifts, grants paid | $1,076,850 |
| Total expenses and disbursements | $1,219,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $192,624 |
| 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 | $4,340,471 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,514,699 |
| 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, Carl M Reeves And Mildred A Reeves Foundation Inc has awarded $1,806,378 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON UNIVERSITY IN ST LOUIS PURPOSE: MACULAR DEGENERATION RESEARCH OF THE EYE STUDIES | $206,434 |
IVY TECH FOUNDATION PURPOSE: SURG TECH LAB SPACE IN NEW BUILDING PROJECT AT LOCAL COLLEGE | $100,000 |
WASHINGTON UNIVERSITY IN ST LOUIS PURPOSE: MACULAR DEGENERATION RESEARCH OF THE EYE STUDIES | $94,125 |
IUPUC PURPOSE: EQUIPMENT FOR MECHNICAL ENGINEERING LAB AT LOCAL COLLEGE | $90,307 |
Columbus, IN PURPOSE: CLASSROOM SUPPLIES FOR EACH CERTIFIED TEACHER WITHIN BARTHOLOMEW CONSOLIDATED SCHOOLS | $82,700 |
UMASS MEMORIAL FOUNDATION (U MASS MEDICAL SCHOOL) PURPOSE: MACULAR DEGNERATION RESEARCH OF THE EYE STUDIES | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |