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Raymond J And Mary C Reisert Foundation Inc. is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2003. The principal officer is Bessemer Trust. It holds total assets of $2.3M. Annual income is reported at $463K. Total assets have decreased from $2.9M in 2011 to $2.3M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in North Carolina, Maine and New York. According to available records, Raymond J And Mary C Reisert Foundation Inc. has made 90 grants totaling $971K, with a median grant of $10K. The foundation has distributed between $177K and $380K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $380K distributed across 36 grants. Individual grants have ranged from $3K to $20K, with an average award of $11K. The foundation has supported 57 unique organizations. The foundation primarily supports organizations in Maine, North Carolina, New York, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$11K
Largest Grant
$15K
Based on 16 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.
Raymond J And Mary C Reisert Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in ME, NC, NY.
Raymond J And Mary C Reisert Foundation Inc. has distributed a total of $971K across 90 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $3K to $20K.
The application deadline is FEBRUARY 1ST. The mission of the raymond j. & mary c. Reisert foundation is to provide financial support to programs, projects and activities that are designed to improve and enhance the social welfare of the public in areas of education, health and housing.
Raymond J And Mary C Reisert Foundation Inc. is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Reisert | ASSISTANT TREASURER & DIRE | $0 | $0 | N/A |
| Susan Reisert | SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Mary C Reisert | PRESIDENT & DIRECTOR | $0 | $0 | N/A |
| Raymond J Reisert | TREASURER & DIRECTOR | $0 | $0 | N/A |
Total Giving
$240K
Total Assets
$2.3M
Fair Market Value
$3.9M
Net Worth
$2.3M
Grants Paid
$204K
Contributions
N/A
Net Investment Income
$162K
Distribution Amount
$176K
Total: $2M
Total Grants
90
Total Giving
$971K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
57
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sisters Of St JosephGENERAL SUPPORT | Brentwood, NY | $10K | 2023 |
| Waterfall ArtsGLASS BLOWING CLASS IN AN ALTERNATIVE HS | Belfast, ME | $15K | 2022 |
| CasaSUPPLEMENT TO RESIDENT'S AFFORDABLE RENT | Raleigh, NC | $17K | 2023 |
| Hope ReinsSCHOLARSHIP | Raleigh, NC | $16K | 2023 |
| Hope Center At PullenRENT FOR YOUTH AGED OUT OF FOSTER CARE | Raleigh, NC | $15K | 2023 |
| Alfond Youth & Community CenterMENTORING PROGRAM | Waterville, ME | $15K | 2023 |
| Morry'S CampSCHOLARSHIPS | Port Chester, NY | $15K | 2023 |
| Tree Street YouthGENERAL SUPPORT | Lewiston, ME | $15K | 2023 |
| Port Washington Library FoundationBOOKS FOR DESSERT PROGRAM | Port Washington, NY | $10K | 2023 |
| Chatham County Literacy CouncilGENERAL SUPPORT | Siler City, NC | $10K | 2023 |
| Avesta Housing Development CorpENERGY IMPROVEMENTS IN AFFORDABLE HOUSING | Portland, ME | $10K | 2023 |
| Prosperity MaineGENERAL OPERATIONS | Portland, ME | $10K | 2023 |
| Haven House ServiceGENERAL OPERATIONS | Raleigh, NC | $10K | 2023 |
| Nc Museum Of Life And ScienceSUBSIDIZING MEMBERSHIPS | Durham, NC | $10K | 2023 |
| Safe Center Of Long IslandGENERAL SUPPORT | Bethpage, NY | $10K | 2023 |
| Communities In Schools Wake CountyHELP FUND TEACHER | Raleigh, NC | $10K | 2023 |
| Mission At EastwardBUILDING SUPPLIES | Farmington, ME | $8K | 2023 |
| Androscoggin Home Health ServicesTOOLS FOR DEMENTIA PATIENTS | Lewiston, ME | $7K | 2023 |
| Volunteers Of AmericaGENERAL SUPPORT | Brunswick, ME | $5K | 2023 |
| Ronald Mcdonald House CharitiesGENERAL SUPPORT | Portland, ME | $3K | 2023 |
| New Beginnings IncSTREET OUTREACH FOR HOMELESS YOUTH | Lewiston, ME | $15K | 2022 |
| The Hope Center At PullenRENT FOR YOUTH AGED OUT OF FOSTER CARE | Raleigh, NC | $15K | 2022 |
| Lifeflight FoundationOPERATING SUPPORT | Camden, ME | $15K | 2022 |
| Wayfinder SchoolsPASSAGES, A HOME BASED ALTERNATIVE HS | Camden, ME | $10K | 2022 |
| Leukemia And Lymphoma Society Of Long IslandGENERAL SUPPORT | Melville, NY | $10K | 2022 |
| Project MostTUITION ASSISTANCE FOR AFTER SCHOOL PROGRAM | East Hampton, NY | $10K | 2022 |
| Junior Achievement Of MaineFINANCIAL LITERACY FOR LOW INCOME STUDENTS | Portland, ME | $10K | 2022 |
| Susan Curtis FoundationLEADERSHIP TRACK FOR LOW INCOME KIDS | Portland, ME | $10K | 2022 |
| Friends Of Quarry RoadFUND PROGRAM DIRECTOR'S SALARY | Waterville, ME | $10K | 2022 |
| Morry' Camp IncGENERAL SUPPORT | Port Chester, NY | $8K | 2022 |
| Heckscher Museum Of ArtSTUDENT ART ED FOR SCHOOL CHILDREN K-12 | Huntington, NY | $8K | 2022 |