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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. Total assets have grown from $23.1M in 2010 to $100.5M in 2023. The foundation is governed by 6 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 Texas, Virginia and New York. 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.
Smallest Grant
$1K
Median Grant
$20K
Average Grant
$29K
Largest Grant
$500K
Based on 183 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.
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 |
| Harper Estes | 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
N/A
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 |
| 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 |
| Dallas Symphony AssociationFOR PURPOSES OF DAILY | Dallas, TX | $80K | 2023 |
| Permian Basin Public TelecommunicationsFOR PURPOSES OF DAILY | Midland, TX | $80K | 2023 |
| Manor Park IncFOR PURPOSES OF DAILY | Midland, TX | $80K | 2023 |
| Lubbock Community TheatreFOR PURPOSES OF DAILY | Lubbock, TX | $75K | 2023 |
| Permian Basin OperaFOR PURPOSES OF DAILY | Midland, TX | $75K | 2023 |
| Angelo State University Foundation IncFOR PURPOSES OF DAILY | San Angelo, TX | $75K | 2023 |
| James Dick Foundation For TheFOR PURPOSES OF DAILY | Round Top, TX | $75K | 2023 |
| Cassatt In The BasinFOR PURPOSES OF DAILY | Odessa, TX | $75K | 2023 |
| Midland Festival BalletFOR PURPOSES OF DAILY | Midland, TX | $70K | 2023 |
| Midland Community Theatre IncFOR PURPOSES OF DAILY | Midland, TX | $70K | 2023 |
| Midland County Public LibraryFOR PURPOSES OF DAILY | Midland, TX | $70K | 2023 |
| Bynum SchoolVISUAL ARTS PROGRAM SUPPORT | Midland, TX | $65K | 2023 |
| Hospice Of Midland IncFOR PURPOSES OF DAILY | Midland, TX | $60K | 2023 |
| Ellen Noel Art Museum Of The PermianFOR PURPOSES OF DAILY | Odessa, TX | $60K | 2023 |
| High Sky Childrens Ranch IncFOR PURPOSES OF DAILY | Midland, TX | $55K | 2023 |
| The University Of Texas At AustinFOR PURPOSES OF DAILY | Austin, TX | $50K | 2023 |
| Lubbock Live Festival For The ArtsFOR PURPOSES OF DAILY | Lubbock, TX | $50K | 2023 |
| University Of St ThomasFOR PURPOSES OF DAILY | St Paul, MN | $50K | 2023 |
| Empire State Youth Orchestra IncFOR PURPOSES OF DAILY | Scotia, NY | $50K | 2023 |
| Fort Worth Opera Association IncFOR PURPOSES OF DAILY | Fort Worth, TX | $50K | 2023 |
| Texas Ballet Theater IncFOR PURPOSES OF DAILY | Fort Worth, TX | $50K | 2023 |
| Children'S Medical Center FoundationFOR PURPOSES OF DAILY | Dallas, TX | $50K | 2023 |
| The University Of Texas Rio GrandeFOR PURPOSES OF DAILY | Mcallen, TX | $50K | 2023 |
| Van Cliburn Foundation IncFOR PURPOSES OF DAILY | Fort Worth, TX | $50K | 2023 |
| Ballet LubbockFOR PURPOSES OF DAILY | Lubbock, TX | $50K | 2023 |
| Ector County Isd Education FdnFOR PURPOSES OF DAILY | Odessa, TX | $50K | 2023 |
| Texas Book FestivalFOR PURPOSES OF DAILY | Austin, TX | $50K | 2023 |
| Hillcrest School IncFOR PURPOSES OF DAILY | Midland, TX | $48K | 2023 |
| Dallas Chamber Music Society IncFOR PURPOSES OF DAILY | Dallas, TX | $45K | 2023 |
| Texas Tech Foundation IncFOR PURPOSES OF DAILY | Lubbock, TX | $45K | 2023 |
| Levelland Wallace TheaterFOR PURPOSES OF DAILY | Levelland, TX | $45K | 2023 |
| Amphibian Productions IncFOR PURPOSES OF DAILY | Fort Worth, TX | $40K | 2023 |
| Unthsc FoundationFOR 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 |
| Contemporary Arts Museum HoustonFOR PURPOSES OF DAILY | Houston, TX | $40K | 2023 |
| Ballet Artists Of Western New York IncFOR PURPOSES OF DAILY | Bufflo, NY | $40K | 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 |
| Austin Classical Guitar SocietyFOR PURPOSES OF DAILY | Austin, TX | $35K | 2023 |
| The Dallas Opera FoundationFOR PURPOSES OF DAILY | Dallas, TX | $35K | 2023 |
| Hill Country Educational LeadershipFOR PURPOSES OF DAILY | Marble Falls, TX | $35K | 2023 |