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Reams Foundation Inc. is a private corporation based in CHARLESTON, SC. The foundation received its IRS ruling in 1994. The principal officer is Fred W Reams. It holds total assets of $36.4M. Annual income is reported at $1.3M. Total assets have grown from $16.9M in 2011 to $35.1M in 2023. The foundation is governed by 6 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Funding is distributed across 4 states, including Michigan, Arizona, Virginia. According to available records, Reams Foundation Inc. has made 58 grants totaling $4.7M, with a median grant of $50K. Annual giving has grown from $1.1M in 2020 to $1.8M in 2023. Grantmaking activity was highest in 2022 with $1.8M distributed across 19 grants. Individual grants have ranged from $1K to $565K, with an average award of $86K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in Virginia, Indiana, Michigan, which account for 53% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$40K
Average Grant
$62K
Largest Grant
$250K
Based on 18 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.
Reams Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 58 grants. Its grantmaking reaches organizations primarily in VA, IN, MI.
Reams Foundation Inc. has distributed a total of $4.7M across 58 grants. The median grant size is $50K, with an average of $86K. Individual grants have ranged from $1K to $565K.
Reams Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Reams Foundation Inc. is headquartered in CHARLESTON, SC. While based in SC, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen E Saboe | SECRETARY/DIR | $0 | $0 | N/A |
| Kristen A Carter | DIRECTOR | $0 | $0 | N/A |
| Fred W Reams | PRES/DIR | $0 | $0 | N/A |
| Kimberly A Cole | DIRECTOR | $0 | $0 | N/A |
| Matthew D Reams | DIRECTOR | $0 | $0 | N/A |
| Karen A Reams | VP/DIRECTOR | $0 | $0 | N/A |
Total Giving
$2.4M
Total Assets
$35.1M
Fair Market Value
$46.7M
Net Worth
$35.1M
Grants Paid
$1.8M
Contributions
$1.9M
Net Investment Income
$3.2M
Distribution Amount
$2M
Total: $35M
Total Grants
58
Total Giving
$4.7M
Average Grant
$86K
Median Grant
$50K
Unique Recipients
26
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| FireGeneral | Philadelphia, PA | — | 2023 |
| Stand Together Chamber Of Commerce IncGeneral | Arlington, VA | $400K | 2023 |
| Ed ChoiceGeneral | Indianapolis, IN | $350K | 2023 |
| Institute For JusticeGeneral | Arlington, VA | $130K | 2023 |
| Foundation For Economic EducationGeneral | Atlanta, GA | $120K | 2023 |
| Mackinac Center For Public PolicyGeneral | Midland, MI | $120K | 2023 |
| Goldwater InstituteGeneral | Phoenix, AZ | $110K | 2023 |
| State Policy NetworkGeneral | Arlington, VA | $100K | 2023 |
| Atlas NetworkGeneral | Arlington, VA | $60K | 2023 |
| Certell IncGeneral | Indianapolis, IN | $60K | 2023 |
| Libertas InstituteGeneral | Lehi, UT | $60K | 2023 |
| Fund For American StudiesGeneral | Washington, DC | $60K | 2023 |
| Leadership InstituteGeneral | Arlington, VA | $60K | 2023 |
| Cato InstituteGeneral | Washingon, DC | $50K | 2023 |
| Acton InstituteGeneral | Grand Rapids, MI | $50K | 2023 |
| ReasonGeneral | Los Angeles, CA | $50K | 2023 |
| College Of Charleston FoundationGeneral | Charleston, SC | $5K | 2023 |
| Allegan County Community FoundationGeneral | Allegan, MI | $5K | 2023 |
| Healthy LifestarsGeneral | Phoenix, AZ | $3K | 2023 |
| Tonto Verde Charity RoundupGeneral | Rio Verde, AZ | — | 2023 |
| Hillsdale CollegeGeneral | Hillsdale, MI | — | 2023 |