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Reichert Foundation is a private corporation based in LAKE FOREST, IL. The foundation received its IRS ruling in 1987. The principal officer is Susan Milanak. It holds total assets of $12.5M. Annual income is reported at $2.8M. Total assets have grown from $3.9M in 2011 to $11.9M in 2023. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, Reichert Foundation has made 127 grants totaling $1.8M, with a median grant of $8K. Annual giving has decreased from $1.1M in 2022 to $621K in 2023. Individual grants have ranged from $1K to $65K, with an average award of $14K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in Illinois, Wisconsin, Colorado, which account for 81% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$4K
Largest Grant
$20K
Based on 48 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.
Reichert Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 127 grants. Its grantmaking reaches organizations primarily in IL, WI, CO.
Reichert Foundation has distributed a total of $1.8M across 127 grants. The median grant size is $8K, with an average of $14K. Individual grants have ranged from $1K to $65K.
Reichert Foundation typically selects its grantees rather than accepting unsolicited proposals.
Reichert Foundation is headquartered in LAKE FOREST, IL. While based in IL, the foundation distributes grants to organizations across 10 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$672K
Total Assets
$11.9M
Fair Market Value
$13.2M
Net Worth
$11.9M
Grants Paid
$621K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$631K
Total: $6.5M
Total Grants
127
Total Giving
$1.8M
Average Grant
$14K
Median Grant
$8K
Unique Recipients
45
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Little Star FoundationGeneral Operations | Hesperus, CO | $5K | 2023 |
| Als FoundationGeneral Operations | Cambridge, MA | $1K | 2023 |
| The CradleNursery | Evanston, IL | $65K | 2023 |
| Prison Fellowship Ministries - Washington DcPrison ministry | Merrifield, VA | $60K | 2023 |
| Faraja SchoolHelp for disabled children | Charlotte, NC | $55K | 2023 |
| The Night MinistryHomelessness | Chicago, IL | $53K | 2023 |
| Habitat For Humanity - Lake County IlGeneral Operations | Waukegan, IL | $40K | 2023 |
| Cove SchoolGeneral Operations | Northbrook, IL | $40K | 2023 |
| Habitat For Humanity - Eagle ColoradoGeneral Operating purposes | Avon, CO | $30K | 2023 |
| HabitatGeneral Operations | Little Rock, AR | $25K | 2023 |
| American Red CrossGeneral Operations | Chicago, IL | $20K | 2023 |
| Chicago Food Depository- Chicago IlGeneral Operations | Chicago, IL | $15K | 2023 |
| Cystic Fibrosis FoundationGeneral Operations | Denver, CO | $15K | 2023 |
| Arnold Palmer Medical Center FoundationGeneral Operating Purposes | Orlando, FL | $15K | 2023 |
| The LambsGeneral Operations | Libertyville, IL | $10K | 2023 |
| American Lung Cancer AssociationGeneral Operations | Chicago, IL | $10K | 2023 |
| First Presbyterian Church Of Lake ForestGeneral Operations | Lake Forest, IL | $10K | 2023 |
| Northwestern Lake Forest Hospital - Lake Forest IlGeneral Operations | Chicago, IL | $10K | 2023 |
| PancanGeneral Operations | Manhattan Beach, CA | $10K | 2023 |
| The Lake County HavenGeneral Operations | Libertyville, IL | $10K | 2023 |
| A Safe Place- Waukegan IlGeneral Operating purposes | Zion, IL | $10K | 2023 |
| Solution Center Formerly Bethany HouseGeneral Operations | Fond Du Lac, WI | $8K | 2023 |
| Christian Outreach Of LutheransGeneral Operating Purposes | Waukegan, IL | $8K | 2023 |
| Alzheimer'S FoundationGeneral Operations | Chicago, IL | $8K | 2023 |
| Lake County Pads Program - Libertyville IlGeneral Operations | Waukegan, IL | $8K | 2023 |
| Greenfield Avenue Presbyterian ChurchGeneral Operations | Milwaukee, WI | $8K | 2023 |
| Boys And Girls ClubsGeneral Operating Purposes | North Chicago, IL | $7K | 2023 |
| Reading PowerGeneral Operations | Lake Forest, IL | $5K | 2023 |
| Safehouse Of DenverGeneral Operations | Denver, CO | $5K | 2023 |
| Independence CenterGeneral Operations | Waukegan, ID | $5K | 2023 |
| The HarbourGeneral Operations | Park Ridge, IL | $5K | 2023 |
| The Center For Enriched LivingGeneral Operations | Riverwoods, IL | $5K | 2023 |
| Metropolitan Family Services - Evanston IlGeneral Operations | Chicago, IL | $5K | 2023 |
| American Heart AssociationGeneral Operations | Chicago, IL | $5K | 2023 |
| Orlando Rescue MissionGeneral Operations | Orlando, FL | $5K | 2023 |
| Chicago Coalition For The HomelessGeneral Operating Purposes | Chicago, IL | $5K | 2023 |
| First Presbyterian Work Trip FundWork Trip | Lake Forest, IL | $5K | 2023 |
| Your Hope CenterGeneral Operations | Eagle, CO | $5K | 2023 |
| Gorton Community CenterGaneral Operations | Lake Forest, IL | $3K | 2023 |
| Lake Forest Senior CenterGeneral Operations | Lake Forest, IL | $3K | 2023 |
| Job Works MkeGeneral Operations | Milwaukee, WI | $3K | 2023 |
| Mccormick Theological SeminaryGeneral Operations | Chicago, IL | $3K | 2023 |
| Paws For PatrickGeneral Operations | Lake Forest, IL | $1K | 2023 |
| The Lake County Haven - Lake Forest IlGeneral Operating Purposes | Libertyville, IL | $60K | 2022 |
| Milwaukee Jobs WorkGeneral Operating Purposes | Milwaukee, WI | $53K | 2022 |