Rea-Okeefe Family Foundation is a private trust based in CHESTNUT HILL, MA. The foundation received its IRS ruling in 2017. It holds total assets of $10.9M. Annual income is reported at $6.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rea-Okeefe Family Foundation has made 15 grants totaling $825K, with a median grant of $50K. Annual giving has decreased from $510K in 2022 to $315K in 2023. Individual grants have ranged from $25K to $100K, with an average award of $55K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Rea-Okeefe Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MA.
Rea-Okeefe Family Foundation has distributed a total of $825K across 15 grants. The median grant size is $50K, with an average of $55K. Individual grants have ranged from $25K to $100K.
PAYMENTS ARE TO BE MADE TO CHARITABLE, EDUCATIONAL, RELIGIOUS, SCIENTIFIC AND LITERRARY PURPOSE DESCRIBED IN THE ORGANIZATIONS'S GOVERNING INSTRUMENT.
Rea-Okeefe Family Foundation is headquartered in CHESTNUT HILL, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel J Rea Jr | TRUSTEE | $0 | $0 | $0 |
| Jeanne M O'Keefe | TRUSTEE | $0 | $0 | $0 |
Total Giving
$379K
Total Assets
$9.2M
Fair Market Value
$10.5M
Net Worth
$9.2M
Grants Paid
$315K
Contributions
$1.8M
Net Investment Income
$987K
Distribution Amount
$404K
Total: $9M
Total Grants
15
Total Giving
$825K
Average Grant
$55K
Median Grant
$50K
Unique Recipients
5
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard UniversityGENERAL FUND | Cambridge, MA | $100K | 2023 |
| Umass FoundationDAN REA ENDOWED SCHOLARSHIP | Newton, MA | $100K | 2023 |
| Northeastern UniversityGENERAL FUND | Boston, MA | $50K | 2023 |
| The Joey FundGENERAL FUND | Cambridge, MA | $25K | 2023 |
| University Of Massachusetts AmherstVARSITY TRAINING FACILITY | Amherst, MA | $70K | 2022 |
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