Jonathan F Reichert Foundation Inc
- Assets
- $2.8m
- Revenue
- $134.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 45-5312595
Organization Overview
Jonathan F Reichert Foundation Inc is located in Buffalo, NY. The organization was established in 2014. According to its NTEE Classification (U02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jonathan F Reichert 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 12/2021, Jonathan F Reichert Foundation Inc generated $134.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $28.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jonathan F Reichert Foundation Inc has awarded 62 individual grants totaling $227,605. 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 |
|---|---|---|---|
Jonathan F Reichert President An | 5 | $0 | |
Gabriel Spalding Vice Board C | 2 | $0 | |
Michael Salzman Teasurer | 2 | $0 | |
David Van Baak Board Member | 1 | $0 | |
Norman Jarosik Board Member | 1 | $0 | |
Kristan Corwin Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $78,609 |
| Interest on Savings | $3 |
| Dividends & Interest | $46,721 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,131 |
| Capital Gain Net Income | $9,131 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $134,464 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $309 |
| Other expenses | $765 |
| Total operating and administrative expenses | $8,808 |
| Contributions, gifts, grants paid | $19,171 |
| Total expenses and disbursements | $27,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,978 |
| Savings and temporary cash investments | $1,418,653 |
| Net Accounts receivable | $59,325 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,252,989 |
| Total assets | $2,784,945 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $15,984 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,753 |
| Total liabilities | $21,737 |
Grants Awarded
Over the last fiscal year, Jonathan F Reichert Foundation Inc has awarded $40,611 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: PURCHASE EQUIPMENT | $4,752 |
SAGINAW VALLEY STATE UNIVERSITY PURPOSE: PURCHASE EQUIPMENT | $4,000 |
AUGUSTANA UNIVERSITY PURPOSE: PURCHASE EQUOPMENT | $3,900 |
AUGUSTANA UNIVERSITY PURPOSE: PURCHASE EQUIPMENT | $3,900 |
Atlanta, GA PURPOSE: PURCHASE EQUIPMENT | $3,483 |
Northfield, MN PURPOSE: PURCHASE EQUIPMENT | $3,335 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Council Of Engineering Companies Of New York Inc Albany, NY | $2,215,445 | $2,540,731 |
American Council Of Engineering Companies Of Nj Inc Trenton, NJ | $226,368 | $822,831 |
Mansfield Bio-Incubator Inc Mansfield, MA | $4,316,078 | $3,352,003 |
American Institute Of Chemists Inc Philadelphia, PA | $193,652 | $61,429 |
Jonathan F Reichert Foundation Inc Buffalo, NY | $2,784,945 | $134,464 |
Medilytix Inc Lincoln, MA | $485 | $0 |