Reilly Family Foundation
- Assets
- $1.0m
- Revenue
- $347.5k
- Investments
- $838.2k
- Employees
- 0
- Location
- Aledo, TX
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 75-2366809
Organization Overview
Reilly Family Foundation is located in Aledo, TX. The organization was established in 2001. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reilly 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, Reilly Family Foundation generated $347.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $350.2k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 8 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 2016, Reilly Family Foundation has awarded 250 individual grants totaling $3,696,793. 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 A Reilly Chairman & Director | 1 | $0 | |
Beverly A Reilly VP Director | 1 | $0 | |
Atlee Reilly Director | 0.1 | $0 | |
Asher Reilly Director | 0.1 | $0 | |
Derek Peachey Director | 0.1 | $0 | |
Anson Reilly Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $270,463 |
| Interest on Savings | $0 |
| Dividends & Interest | $235 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,480 |
| Capital Gain Net Income | $3,480 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73,319 |
| Total Revenue | $347,497 |
| 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 | $882 |
| Total operating and administrative expenses | $9,926 |
| Contributions, gifts, grants paid | $340,228 |
| Total expenses and disbursements | $350,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $169,185 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,281 |
| 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 | $1 |
| Investments—mortgage loans | $0 |
| Investments—other | $838,155 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,008,622 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $962 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $962 |
Grants Awarded
Over the last fiscal year, Reilly Family Foundation has awarded $340,228 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ANGELO STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,000 |
ATHLETIC PERFORMACE RANCH PURPOSE: GENERAL OPERATIONS | $25,000 |
BLAIR ACADEMY PURPOSE: SCHOLARSHIPS | $7,500 |
CATCH UP & READ PURPOSE: GENERAL OPERATIONS | $5,000 |
CENTER FOR BRAIN HEALTH PURPOSE: GENERAL OPERATIONS | $2,500 |
CHRIST CHAPEL BIBLE CHURCH PURPOSE: GENERAL OPERATIONS | $2,000 |