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Terrell B Reese Charitable Foundation is a private trust based in BROOKLYN, OH. The foundation received its IRS ruling in 1995. The principal officer is Key Trust Company Of Indiana Na Ttee. It holds total assets of $538K. Annual income is reported at $376K. Total assets have grown from $386K in 2011 to $565K in 2023. The foundation is governed by 2 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 2020 to 2023. The foundation primarily funds organizations in Indiana, California and Illinois. According to available records, Terrell B Reese Charitable Foundation has made 5 grants totaling $50K, with a median grant of $8K. Individual grants have ranged from $5K to $18K, with an average award of $10K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in California, New York, Indiana, which account for 80% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$8K
Average Grant
$10K
Largest Grant
$18K
Based on 5 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.
Terrell B Reese Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA, NY, IN.
Terrell B Reese Charitable Foundation has distributed a total of $50K across 5 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $5K to $18K.
Terrell B Reese Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Terrell B Reese Charitable Foundation is headquartered in BROOKLYN, OH. While based in OH, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keybank N A | TRUSTEE | $5K | $0 | $5K |
| Terrell B Reese | ADVISOR | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$565K
Fair Market Value
$617K
Net Worth
$565K
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$168K
Distribution Amount
$28K
Total Grants
5
Total Giving
$50K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
5
Most Common Grant
$18K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Stewardship Services FoundationFOR COMPUTER REPLACEMENT & | Newhall, CA | $18K | 2022 |
| First Baptist ChurchGENERAL OPERATING | Jay, NY | $13K | 2022 |
| Baptist Childrens HomeFOR INTERNATIONAL | Valparaiso, IN | $8K | 2022 |
| Narramore Christian FoundationGENERAL OPERATING | Arcadia, CA | $6K | 2022 |
| ApexANNUAL CONTRIBUTION | Wheaton, IL | $5K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH