Reiman Foundation Inc
- Assets
- $64.5m
- Revenue
- $12.5m
- Investments
- $62.9m
- Employees
- 0
- Location
- Pewaukee, WI
- Founding
- 02/1987
- Data as of
- 12/2020
- EIN
- 39-1570264
Organization Overview
Reiman Foundation Inc is located in Pewaukee, WI. The organization was established in 1987. 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. Reiman 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 12/2020, Reiman Foundation Inc generated $12.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $16.6m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Reiman Foundation Inc has awarded 1,022 individual grants totaling $82,156,970. 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 |
|---|---|---|---|
Michael J Hipp President & Secretary | 0 | $0 | |
Roy J Reiman Director | 0 | $0 | |
Roberta M Reiman Director | 0 | $0 | |
Scott J Reiman Chairman And CEO | 2 | $0 | |
Brian F Fleischmann Executive Vice President & | 0 | $0 | |
Conway J Schatz Executive Vice President & | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $612,999 |
| Net Rental Income | -$494,010 |
| Net Gain on Sale of Assets | $7,025,060 |
| Capital Gain Net Income | $7,025,060 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $710,509 |
| Other Income | $1,181,104 |
| Total Revenue | $12,529,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,199,818 |
| Total operating and administrative expenses | $8,199,818 |
| Contributions, gifts, grants paid | $8,414,086 |
| Total expenses and disbursements | $16,613,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,550,731 |
| 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 | $62,929,508 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $64,480,239 |
| 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 | $1,000,000 |
| Total liabilities | $1,000,000 |
Grants Awarded
Over the last fiscal year, Reiman Foundation Inc has awarded $4,812,936 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
Milwaukee, WI PURPOSE: NICU EXPANSION AT CHILDREN'S HOSPITAL OF WISCONSIN | $1,002,000 |
Milwaukee, WI PURPOSE: GENERAL OPERATIONS | $1,000,000 |
Milwaukee, WI PURPOSE: GENERAL OPERATIONS | $1,000,000 |
ACE SCHOLARSHIPS PURPOSE: ACE SCHOLARSHIPS | $200,000 |
Atlanta, GA PURPOSE: GENERAL OPERATIONS | $200,000 |
Milwaukee, WI PURPOSE: GENERAL OPERATIONS | $180,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |
William R Kenan Jr Charitable Trust Chicago, IL | $564,490,046 | $137,606,226 |
Polk Bros Foundation Inc Chicago, IL | $329,136,356 | $57,050,478 |
Manitou Fund White Bear Lake, MN | $1,003,593,689 | $40,882,622 |
Lynne & Andrew Redleaf Foundation Minneapolis, MN | $127,717,345 | $981,960 |
Ford Motor Co Fund Dearborn, MI | $173,752,828 | $51,364,996 |
Pritzker Foundation Chicago, IL | $0 | $47,756,040 |