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William J Rea Jr Charitable Foundation is a private trust based in TULSA, OK. The foundation received its IRS ruling in 2017. It holds total assets of $176K. Annual income is reported at $57K. Total assets have grown from $101K in 2019 to $123K in 2023. The foundation is governed by 5 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 2017 to 2023. The foundation primarily funds organizations in Oklahoma and Texas. According to available records, William J Rea Jr Charitable Foundation has made 22 grants totaling $20K, with a median grant of $1K. Annual giving has decreased from $5K in 2020 to $3K in 2023. Grantmaking activity was highest in 2022 with $8K distributed across 8 grants. Individual grants have ranged from $250 to $1K, with an average award of $920.455. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Oklahoma and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$1K
Largest Grant
$1K
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.
William J Rea Jr Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in OK, TX.
William J Rea Jr Charitable Foundation has distributed a total of $20K across 22 grants. The median grant size is $1K, with an average of $920.455. Individual grants have ranged from $250 to $1K.
William J Rea Jr Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
William J Rea Jr Charitable Foundation is headquartered in TULSA, OK. While based in OK, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen Wells | TRUSTEE | $0 | $0 | N/A |
| Audrey Sevenoaks | TRUSTEE | $0 | $0 | N/A |
| Nancy Leake Sevenoaks | TRUSTEE | $0 | $0 | N/A |
| John W Griffin | TRUSTEE | $0 | $0 | N/A |
| William J Rea Jr | TRUSTEE | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$123K
Fair Market Value
$114K
Net Worth
$123K
Grants Paid
$3K
Contributions
$9K
Net Investment Income
$2K
Distribution Amount
$5K
Total: $101K
Total Grants
22
Total Giving
$20K
Average Grant
$920.455
Median Grant
$1K
Unique Recipients
6
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of ScoutingGENERAL FUND | Tulsa, OK | $750 | 2023 |
| First United Methodist ChurchGENERAL FUND | Houston, TX | $1K | 2020 |
| Boston Ave Methodist ChurchGENERAL FUND | Tulsa, OK | $750 | 2023 |
| Ou FoundationGENERAL FUND | Norman, OK | $750 | 2023 |
| Tulsa Area Habitat For HumanityGENERAL FUND | Tulsa, OK | $750 | 2023 |
| Friends Of The Metropolitan Enviromental TrustGENERAL FUND | Tulsa, OK | $250 | 2023 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK