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Dennis And Jane Reese Family Foundation is a private trust based in GENESEO, IL. The foundation received its IRS ruling in 2019. The principal officer is Ken Bowen. It holds total assets of $383K. Annual income is reported at $24K. Total assets have grown from $3K in 2019 to $642K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, Dennis And Jane Reese Family Foundation has made 9 grants totaling $400K, with a median grant of $10K. Annual giving has grown from $120K in 2020 to $280K in 2022. Individual grants have ranged from $5K to $125K, with an average award of $44K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Massachusetts and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$15K
Average Grant
$13K
Largest Grant
$20K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Dennis And Jane Reese Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MA, IL.
Dennis And Jane Reese Family Foundation has distributed a total of $400K across 9 grants. The median grant size is $10K, with an average of $44K. Individual grants have ranged from $5K to $125K.
Dennis And Jane Reese Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Dennis And Jane Reese Family Foundation is headquartered in GENESEO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dennis Reese | TRUSTEE | $0 | $0 | N/A |
| Nicholas Reese | TRUSTEE | $0 | $0 | N/A |
| Stefany Reese | TRUSTEE | $0 | $0 | N/A |
| Jane Reese | TRUSTEE | $0 | $0 | N/A |
Total Giving
$183K
Total Assets
$642K
Fair Market Value
$642K
Net Worth
$642K
Grants Paid
$180K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$34K
Total Grants
9
Total Giving
$400K
Average Grant
$44K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Congregational ChurchOPERATING EXPENSES | Geneseo, IL | $10K | 2020 |
| Team HeartOPERATING EXPENSES | Newton, MA | $125K | 2022 |
| Geneseo Chamber Of CommercePAINTED MURALS AROUND TOWN IN WHICH WE EXCERCISED EXPENDITURE RESPONSIBLITY FOR THE CONTRIBUTION | Geneseo, IL | $10K | 2022 |
| Geneseo Public LibraryOPERATING EXPENSES | Geneseo, IL | $5K | 2022 |
| Geneseo School DistrictOPERATING EXPENSES | Geneseo, IL | $100K | 2020 |
| Chicago Dream CenterOPERATING EXPENSES | Chicago, IL | $10K | 2020 |