Reeth Family Foundation
- Assets
- $108.8k
- Revenue
- $160.3k
- Investments
- $97.3k
- Employees
- 0
- Location
- Isle Of Palms, SC
- Founding
- Data as of
- 12/2021
- EIN
- 85-2658615
Organization Overview
Reeth Family Foundation is located in Isle Of Palms, SC. 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. Reeth 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 12/2021, Reeth Family Foundation generated $160.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 22.5% each year .
Since 2021, Reeth Family Foundation has awarded 16 individual grants totaling $156,594. 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 |
|---|---|---|---|
George P Reeth Executive Director | 0 | $0 | |
Lindsay Reeth Secretary | 0 | $0 | |
Theresa Reeth Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $155,000 |
| Interest on Savings | $807 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,496 |
| Capital Gain Net Income | $4,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $160,303 |
| 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 | $1,618 |
| Total operating and administrative expenses | $1,618 |
| Contributions, gifts, grants paid | $156,594 |
| Total expenses and disbursements | $158,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,536 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $108,848 |
| 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, Reeth Family Foundation has awarded $156,594 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
THE LENS FOUNDATION PURPOSE: GENERAL PURPOSE | $80,000 |
Charleston, SC PURPOSE: GENERAL PURPOSE | $23,560 |
THE LENS FOUNDATION TO BENEFICIARIES PURPOSE: GENERAL PURPOSE | $10,449 |
THE NAVIGATION CENTER PURPOSE: GENERAL PURPOSE | $10,000 |
PEDALS 4 PEANUTS PURPOSE: GENERAL PURPOSE | $10,000 |
Newark, NJ PURPOSE: GENERAL PURPOSE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |
The Leon Levine Foundation Charlotte, NC | $654,368,860 | $94,686,429 |
We Are Sharing Hope Sc Charleston, SC | $50,025,063 | $34,221,211 |