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Ruth A And Raymond A Reister Charitable Trust is a private trust based in SIOUX FALLS, SD. The foundation received its IRS ruling in 2016. It holds total assets of $8.4M. Annual income is reported at $1.8M. Total assets have grown from $5.9M in 2015 to $8.7M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Minnesota and Michigan. According to available records, Ruth A And Raymond A Reister Charitable Trust has made 19 grants totaling $1.2M, with a median grant of $25K. The foundation has distributed between $403K and $418K annually from 2020 to 2022. Individual grants have ranged from $23K to $250K, with an average award of $65K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Minnesota and Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$23K
Median Grant
$25K
Average Grant
$60K
Largest Grant
$250K
Based on 7 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.
Ruth A And Raymond A Reister Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in MN, MI.
Ruth A And Raymond A Reister Charitable Trust has distributed a total of $1.2M across 19 grants. The median grant size is $25K, with an average of $65K. Individual grants have ranged from $23K to $250K.
Ruth A And Raymond A Reister Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Ruth A And Raymond A Reister Charitable Trust is headquartered in SIOUX FALLS, SD. While based in SD, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lorri Rice | Trustee | $25K | $0 | $25K |
| Robert J Struyk | Trustee | $25K | $0 | $25K |
| Sharon Harig | Trustee | $25K | $0 | $25K |
Total Giving
$895K
Total Assets
$8.7M
Fair Market Value
$11.2M
Net Worth
$8.7M
Grants Paid
$757K
Contributions
N/A
Net Investment Income
$520K
Distribution Amount
$510K
Total: $8.2M
Total Grants
19
Total Giving
$1.2M
Average Grant
$65K
Median Grant
$25K
Unique Recipients
10
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mayo ClinicH.W. AND ANNE E. REISTER | Rochester, MN | $250K | 2022 |
| Urban Ventures Leadership FoundationGENERAL OPERATING | Minneapolis, MN | $50K | 2022 |
| Wallin Education PartnersSCHOLARSHIPS | Minneapolis, MN | $46K | 2022 |
| Macphail Center For MusicMACPHAIL NORTHSIDE YOUTH | Minneapolis, MN | $40K | 2022 |
| Regents Of The University Of MichiganSCHOLARSHIPS | Ann Arbor, MI | $25K | 2022 |
| Second Harvest HeartlandGENERAL OPERATING | Brooklyn Park, MN | $30K | 2021 |
| Minneapolis Institute Of ArtCOLLECTION ACQUISITIONS | Minneapolis, MN | $25K | 2021 |
| Childrens Healing CenterGENERAL OPERATING | Grand Rapids, MI | $25K | 2021 |
| Minnesota Historical SocietyCOLLECTION CONSERVATION & | St Paul, MN | $25K | 2021 |
| Regents Of The University Of MiSCHOLARSHIPS | Ann Arbor, MI | $25K | 2020 |
SIOUX FALLS, SD
RAPID CITY, SD
SIOUX FALLS, SD