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Rea Charitable Trust is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 2009. The principal officer is % Dona Bradley. It holds total assets of $98.1M. Annual income is reported at $29.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rea Charitable Trust has made 734 grants totaling $27.6M, with a median grant of $20K. The foundation has distributed between $5.2M and $11.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $11.4M distributed across 366 grants. Individual grants have ranged from $1K to $5.2M, with an average award of $38K. The foundation has supported 332 unique organizations. The foundation primarily supports organizations in Texas, North Carolina, Virginia, which account for 76% of all grants. Grantmaking reaches organizations across 29 states. Contributions to this foundation are tax-deductible.
Rea Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 734 grants. Its grantmaking reaches organizations primarily in TX, NC, VA.
Rea Charitable Trust has distributed a total of $27.6M across 734 grants. The median grant size is $20K, with an average of $38K. Individual grants have ranged from $1K to $5.2M.
The application deadline is GRANTS AWARDED IN JUNE & DECEMBER - DEADLINE 4-15 & 10-15. GEOGRAPHICAL AREA GENERALLY.
Rea Charitable Trust is headquartered in DETROIT, MI. While based in MI, the foundation distributes grants to organizations across 29 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $504K | $0 | $504K |
| Christine Foreman | ADVISORY COMMITTEE | $1K | $0 | $1K |
| Becky Ferguson | ADVISORY COMMITTEE | $1K | $0 | $1K |
| Richard Folger | ADVISORY COMMITTEE | $1K | $0 | $1K |
| Paul Morris | ADVISORY COMMITTEE | $500 | $0 | $500 |
Total Giving
$6.8M
Total Assets
$100.5M
Fair Market Value
N/A
Net Worth
$100.5M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$2.6M
Distribution Amount
$5.5M
Total Grants
734
Total Giving
$27.6M
Average Grant
$38K
Median Grant
$20K
Unique Recipients
332
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Standing Room OnlyFOR PURPOSES OF DAILY | Yelm, WA | $350K | 2023 |
| Museum Of The SouthwestFOR PURPOSES OF DAILY | Midland, TX | $250K | 2023 |
| Arts Council Of MidlandFOR PURPOSES OF DAILY | Midland, TX | $180K | 2023 |
| Midland-Odessa Symphony & Chorale IncFOR PURPOSE OF DAILY | Midland, TX | $150K | 2023 |
| Mary Baldwin UniversityFOR PURPOSES OF DAILY | Staunton, VA | $150K | 2023 |
| Harper Estes |
| ADVISORY COMMITTEE |
| $500 |
| $0 |
| $500 |
| 2016 | 990PF | View |
| Odessa College Foundation IncFOR PURPOSES OF DAILY | Odessa, TX | $130K | 2023 |
| The University Of Texas Permian BasinFOR PURPOSES OF DAILY | Odessa, TX | $125K | 2023 |
| Hispanic Cultural Center Of MidlandFOR PURPOSES OF DAILY | Midland, TX | $115K | 2023 |
| Manor Park IncFOR PURPOSES OF DAILY | Midland, TX | $80K | 2023 |
| Dallas Symphony AssociationFOR PURPOSES OF DAILY | Dallas, TX | $80K | 2023 |
| Permian Basin Public TelecommunicationsFOR PURPOSES OF DAILY | Midland, TX | $80K | 2023 |
| James Dick Foundation For TheFOR PURPOSES OF DAILY | Round Top, TX | $75K | 2023 |
| Angelo State University Foundation IncFOR PURPOSES OF DAILY | San Angelo, TX | $75K | 2023 |
| Cassatt In The BasinFOR PURPOSES OF DAILY | Odessa, TX | $75K | 2023 |
| Permian Basin OperaFOR PURPOSES OF DAILY | Midland, TX | $75K | 2023 |
| Lubbock Community TheatreFOR PURPOSES OF DAILY | Lubbock, TX | $75K | 2023 |
| Midland County Public LibraryFOR PURPOSES OF DAILY | Midland, TX | $70K | 2023 |
| Midland Community Theatre IncFOR PURPOSES OF DAILY | Midland, TX | $70K | 2023 |
| Midland Festival BalletFOR PURPOSES OF DAILY | Midland, TX | $70K | 2023 |
| Bynum SchoolVISUAL ARTS PROGRAM SUPPORT | Midland, TX | $65K | 2023 |
| Ellen Noel Art Museum Of The PermianFOR PURPOSES OF DAILY | Odessa, TX | $60K | 2023 |
| Hospice Of Midland IncFOR PURPOSES OF DAILY | Midland, TX | $60K | 2023 |
| High Sky Childrens Ranch IncFOR PURPOSES OF DAILY | Midland, TX | $55K | 2023 |
| The University Of Texas Rio GrandeFOR PURPOSES OF DAILY | Mcallen, TX | $50K | 2023 |
| Lubbock Live Festival For The ArtsFOR PURPOSES OF DAILY | Lubbock, TX | $50K | 2023 |
| Texas Ballet Theater IncFOR PURPOSES OF DAILY | Fort Worth, TX | $50K | 2023 |
| Empire State Youth Orchestra IncFOR PURPOSES OF DAILY | Scotia, NY | $50K | 2023 |
| Ector County Isd Education FdnFOR PURPOSES OF DAILY | Odessa, TX | $50K | 2023 |
| Children'S Medical Center FoundationFOR PURPOSES OF DAILY | Dallas, TX | $50K | 2023 |
| Van Cliburn Foundation IncFOR PURPOSES OF DAILY | Fort Worth, TX | $50K | 2023 |
| University Of St ThomasFOR PURPOSES OF DAILY | St Paul, MN | $50K | 2023 |
| Fort Worth Opera Association IncFOR PURPOSES OF DAILY | Fort Worth, TX | $50K | 2023 |
| The University Of Texas At AustinFOR PURPOSES OF DAILY | Austin, TX | $50K | 2023 |
| Texas Book FestivalFOR PURPOSES OF DAILY | Austin, TX | $50K | 2023 |
| Ballet LubbockFOR PURPOSES OF DAILY | Lubbock, TX | $50K | 2023 |
| Hillcrest School IncFOR PURPOSES OF DAILY | Midland, TX | $48K | 2023 |
| Texas Tech Foundation IncFOR PURPOSES OF DAILY | Lubbock, TX | $45K | 2023 |
| Dallas Chamber Music Society IncFOR PURPOSES OF DAILY | Dallas, TX | $45K | 2023 |
| Levelland Wallace TheaterFOR PURPOSES OF DAILY | Levelland, TX | $45K | 2023 |
| Contemporary Arts Museum HoustonFOR PURPOSES OF DAILY | Houston, TX | $40K | 2023 |
| Unthsc FoundationFOR PURPOSES OF DAILY | Fort Worth, TX | $40K | 2023 |
| Ballet Artists Of Western New York IncFOR PURPOSES OF DAILY | Bufflo, NY | $40K | 2023 |
| Amphibian Productions IncFOR PURPOSES OF DAILY | Fort Worth, TX | $40K | 2023 |
| University Of North Texas Foundation IncFOR PURPOSES OF DAILY | Denton, TX | $40K | 2023 |
| Lubbock Arts Alliance IncFOR PURPOSES OF DAILY | Lubbock, TX | $40K | 2023 |
| Austin Classical Guitar SocietyFOR PURPOSES OF DAILY | Austin, TX | $35K | 2023 |
| Robinson Theater Community Arts CenterSUPPORT FOR DAILY | Richmond, VA | $35K | 2023 |
| The West Texas Jazz Society IncFOR PURPOSES OF DAILY | Midland, TX | $35K | 2023 |
| Hill Country Educational LeadershipFOR PURPOSES OF DAILY | Marble Falls, TX | $35K | 2023 |
| The Dallas Opera FoundationFOR PURPOSES OF DAILY | Dallas, TX | $35K | 2023 |
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