Reisher Family Foundation
- Assets
- $521.6m
- Revenue
- $444.5m
- Investments
- $469.1m
- Employees
- 0
- Location
- Lakewood, CO
- Founding
- 10/2000
- Data as of
- 12/2022
- EIN
- 91-6498816
Organization Overview
Reisher Family Foundation is located in Lakewood, CO. The organization was established in 2000. 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. Reisher 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 12/2022, Reisher Family Foundation generated $444.5m in total revenue. All expenses for the organization totaled $5.0m during the year ending 12/2022. While expenses have increased by 12.2% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GRANTS TO THE REISHER SCHOLARSHIP FUND AT THE DENVER FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE SPRING OF 2022, THE REISHER SCHOLARSHIP COMMITTEE AT THE DENVER FOUNDATION DESIGNATED NEW REISHER SCHOLARS AT THE FOLLOWING COLORADO UNIVERSITIES: THE UNIVERSITY OF NORTHERN COLORADO, METROPOLITAN STATE UNIVERSITY OF DENVER, THE UNIVERSITY OF COLORADO AT DENVER, THE UNIVERSITY OF COLORADO AT COLORADO SPRINGS, COLORADO STATE UNIVERSITY, COLORADO MESA UNIVERSITY AND COLORADO STATE UNIVERSITY AT PUEBLO.DURING 2022, THE REISHER FAMILY FOUNDATION MADE GRANTS TOTALING $ 4,460,800 TO ITS SUPPORTED ORGANIZATION, THE DENVER FOUNDATION, TO PROVIDE FOR THE CONTINUATION AND GROWTH OF THE REISHER SCHOLARSHIP PROGRAM.
ADMINISTRATION FEE PAID TO THE DENVER FOUNDATION FOR THE REISHER SCHOLARSHIP PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary S Reisher Pres/treasurer/trustee | OfficerTrustee | 2 | $0 |
Nancy A Reisher Trustee | Trustee | 2 | $0 |
Robert G Fowler Trustee | Trustee | 2 | $10,000 |
Janet C Gardiner Trustee | Trustee | 2 | $10,000 |
Laura G Marvin Trustee | Trustee | 2 | $10,000 |
James A Reuter Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $438,765,543 |
| Noncash contributions included in lines 1a–1f | $350,313,640 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $438,765,543 |
| Total Program Service Revenue | $0 |
| Investment income | $5,778,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$38 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $444,544,338 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,460,800 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,883 |
| Fees for services: Accounting | $6,983 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,376 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,879 |
| Information technology | $120 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,748 |
| All other expenses | $0 |
| Total functional expenses | $4,992,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000 |
| Savings and temporary cash investments | $52,504,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $469,136,037 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $521,642,537 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $521,642,537 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $521,642,537 |