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Wonderful Life Foundation is a private trust based in WEST PALM BCH, FL. The foundation received its IRS ruling in 2000. It holds total assets of $23.6M. Annual income is reported at $46.5M. Total assets have grown from $908K in 2011 to $23.6M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Illinois and Florida. According to available records, Wonderful Life Foundation has made 96 grants totaling $38.9M, with a median grant of $50K. Annual giving has grown from $17.3M in 2022 to $21.6M in 2023. Individual grants have ranged from $500 to $4M, with an average award of $405K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in Illinois, Indiana, New York, which account for 64% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
The Wonderful Life Foundation operates as a tightly held family philanthropy directed exclusively by M. Jude and Lori W. Reyes, a West Palm Beach-based couple who fund the foundation primarily through personal contributions averaging $18–22 million annually. Despite its independent private foundation classification, this entity functions as a relationship-driven giving vehicle with no public application process and an explicit preselected-only posture. Cold outreach will not yield results.
The Reyes family's giving reflects deeply personal connections to organizations tied to their professional trajectory, faith community, and life experiences. M. Jude Reyes endowed chairs in Electrical and Computer Engineering and Mechanical Engineering at the University of Maryland — signaling an engineering or technology background. The Julia Reyes Taubman Scholarship at Cranbrook and the Phoebe Carolina Covenant Scholarship Fund at UNC Chapel Hill point to family members connected to those institutions. Transformational gifts to Central Presbyterian Church and Catholic Extension reflect strong faith commitments, and $5M+ to Woodlands Academy of the Sacred Heart (a Catholic girls' school in Lake Forest, IL) suggests direct family ties to that institution.
For organizations seeking entry, three pathways hold the most promise. First, personal introduction through the Chicago-Catholic network: despite the foundation's Florida address, 51% of grants flow to Illinois-based organizations, concentrated in the Chicagoland Catholic and social services ecosystem. Board members at Notre Dame, Shirley Ryan AbilityLab, Northwestern University, or the Big Shoulders Fund are the most credible introduction sources. Second, peer organization referral: existing major grantees share advisory circles with the Reyes family and can broker warm intros. Third, faith-based connections: the foundation's consistent giving to Catholic and Jesuit institutions (Central Presbyterian, Old St. Patrick's, Catholic Extension, Spring Hill College) makes faith community networks a meaningful relationship pathway.
First-time applicants should understand that total giving has grown 118% from 2019 ($10.1M) to 2023 ($22M), funded by annual Reyes family contributions rather than endowment returns. This growth signals active philanthropic intent but also means giving volume depends on the family's annual liquidity — not a guaranteed endowment payout. There is no LOI stage, no application portal, and no published review calendar. Relationships precede grants here, by design.
Based on 96 recorded grants totaling $38.9 million, plus FY2024 data showing approximately 32 grants totaling $40M, the Wonderful Life Foundation's giving is highly concentrated at the top with a long tail of smaller general-support commitments.
Grant size distribution: The foundation's own records show a median grant of $50,000 with a range of $3,309 to $2,500,000 (across a 42-grant measurement subset), and an overall average of $265,949 across all 96 recorded transactions. In practice, five relationships dominate total giving: University of Notre Dame ($11.5M across 4 grants), Shirley Ryan AbilityLab ($8.89M combined), Central Presbyterian Church ($4.32M), Wofford College ($2M), and Woodlands Academy of the Sacred Heart ($5.01M across 5 grants). These top recipients represent approximately 81% of all recorded giving. Mid-range grants of $100K–$1M go to University of North Carolina ($800K), Ronald McDonald House ($500K), Northwestern University ($500K), Jazz at Aspen Snowmass ($400K), Evans Scholars Foundation ($300K), and Big Shoulders Fund ($225K). Most remaining grantees receive $10,000–$75,000 in annual general support.
Sector breakdown (estimated from grantee analysis): Higher education accounts for roughly 45% of recorded giving, concentrated at Notre Dame, Wofford, UNC Chapel Hill, University of Maryland, and Northwestern. Health and rehabilitation accounts for approximately 26%, dominated by Shirley Ryan AbilityLab (a world-class neurological rehabilitation hospital in Chicago). Faith and religious organizations receive approximately 14%. Social services (Harlem Children's Zone, Ronald McDonald House, Off the Street Club, Margaret Hackett Family Center) represent about 8%. Arts and culture — Jazz at Aspen Snowmass, MCA Chicago, Anderson Ranch Arts Center — account for roughly 3%.
Geographic distribution across 96 grants: Illinois: 49 grants (51%), Florida: 15 grants (16%), New York: 7 grants (7%), Colorado: 5 grants (5%), Indiana: 5 grants (5%), Virginia: 3 grants, Michigan: 3 grants, NC: 2 grants, SC: 2 grants, OH: 2 grants.
Annual giving trend: 2012–2015: $4–5M/year; 2019: $10.1M; 2020: $11.3M; 2021: $12.9M; 2022: $17.4M; 2023: $22M; 2024: ~$24.7M (per FY2024 990-PF). The trajectory is steep and consistent, driven by annual Reyes family contributions rather than investment returns — net investment income was $11.1M in 2023, well below total disbursements.
The following table compares the Wonderful Life Foundation to four asset-comparable peers in the Philanthropy & Grantmaking category, all with assets near $23.6M:
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Wonderful Life Foundation (FL) | $23.6M | ~$22M (2023) | Education, Health, Faith | Trustee-Directed Only |
| Burton Family Foundation (FL) | $23.6M | ~$1–2M est. | Philanthropy/Grantmaking | Trustee-Directed |
| Bramsen Charitable Foundation (IL) | $23.6M | N/A public | Philanthropy/Grantmaking | Trustee-Directed |
| Z Smith Reynolds Foundation (NC) | $23.6M | ~$14M | NC Community Development | Open Applications |
| Marisa Martini Private Foundation (NJ) | $23.6M | N/A public | Philanthropy/Grantmaking | Trustee-Directed |
The Wonderful Life Foundation is a clear outlier among its asset-comparable peers in scale of giving relative to assets — distributing $22M annually on a $23.6M asset base, a payout rate exceeding 90%. This is extraordinary and only sustainable because the Reyes family contributes $21–22M in fresh capital each year, making this effectively a pass-through family fund rather than a traditional endowed foundation. By contrast, a typical private foundation targets the IRS-mandated 5% minimum payout (~$1.2M on $23.6M in assets), which the Burton Family Foundation likely approximates.
The Z Smith Reynolds Foundation offers the most instructive comparison for grant seekers: it accepts open applications from North Carolina-based nonprofits through a structured review cycle with published deadlines — the polar opposite of Wonderful Life's trustee-directed, relationship-only model. Practitioners experienced with Z Smith Reynolds-style competitive grants should recalibrate their approach entirely when considering Wonderful Life.
The most significant recent public announcement is the $2 million gift to Spring Hill College (Mobile, AL), disclosed May 15, 2025. The donation funds the Presidential Leadership Fund, supporting expansion of Spring Hill's Health and Science Innovation Center (opening academic year 2026-2027) and a new academic alliance with Rockhurst University launching in 2025-2026. Both institutions are Jesuit-affiliated, consistent with the foundation's deep Catholic higher education commitments. This marks an apparent geographic and institutional expansion beyond the core Notre Dame-Northwestern-Wofford cluster.
The most recent Form 990-PF was filed October 30, 2025 for fiscal year 2024. The filing documents approximately 32 grants with confirmed major recipients: University of Notre Dame ($4,167,000), Shirley Ryan AbilityLab ($4,000,000), and Wofford College ($2,000,000). Total charitable disbursements in FY2024 reached approximately $24.7 million — representing 98.8% of total expenses, consistent with the foundation's near-100% disbursement model.
Leadership remains entirely stable. M. Jude Reyes and Lori W. Reyes have served as sole trustees since the foundation's incorporation in September 2000, and no staff has ever been employed. The foundation was previously registered as the M. Jude and Lori W. Reyes Foundation before adopting the Wonderful Life Foundation name. No trustee transitions, program staff hires, or governance changes have been publicly announced. The absence of any staff or published communications infrastructure means there is no new programmatic direction to parse — giving priorities flow directly and exclusively from the trustees' personal relationships.
Because the Wonderful Life Foundation explicitly operates on a preselected-only basis with no public application process, conventional grant-writing advice is largely irrelevant. The following tips are specific to this foundation's model:
Verify a genuine connection before investing resources. The foundation has no grant portal, no LOI requirement, no published deadline, and no program staff. Every recorded grant traces to a pre-existing relationship with M. Jude or Lori W. Reyes. Before committing organizational effort to pursuit, confirm that your board, advisory council, or major donor network includes someone with a direct personal relationship to the trustees or to a leader at a top grantee.
Target the Chicago-Catholic-Jesuit network specifically. The foundation's top grantees cluster in a distinct ecosystem: Jesuit and Sacred Heart higher education (Notre Dame, Spring Hill, Woodlands Academy), Chicago-area Catholic social services (Big Shoulders Fund, Old St. Patrick's Church, Off the Street Club), and Northwestern Medicine. Organizations operating within this ecosystem — particularly those with board members who are Notre Dame alumni, Sacred Heart alumnae, or Shirley Ryan AbilityLab trustees — represent the most viable introduction sources.
Align your language to the trustees' known passions. When communicating via a warm introduction, emphasize: academic excellence and leadership formation, rehabilitation and quality of life for people with disabilities, Catholic or faith-based mission, and direct service to under-resourced communities. Avoid language centered on policy advocacy, research-only initiatives, international programs, or system change — these themes are absent from the grantee portfolio.
Calibrate your initial ask to the $25,000–$100,000 range. The largest grants — Notre Dame's $11.5M, Shirley Ryan's $8.89M — reflect decades-long relationships. First-time recipients consistently enter at the general support level of $10,000–$100,000. Proposing a transformational gift in a first approach is a disqualifying signal.
Treat it as a multi-year cultivation. The foundation's top relationships each show multi-grant histories: Notre Dame (4 grants), Woodlands Academy (5 grants), Shirley Ryan (multiple entries). Position your organization as a long-term partner from the first conversation, not as a one-cycle funding target.
Never submit unsolicited proposals. The foundation's registered address at 777 S Flagler Drive, Suite 1500, West Palm Beach is a family office — not a grantmaking office with a review process. Unsolicited materials are not reviewed. All communication should flow through the mutual connection making the introduction.
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Smallest Grant
$3K
Median Grant
$50K
Average Grant
$266K
Largest Grant
$2.5M
Based on 42 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.
Based on 96 recorded grants totaling $38.9 million, plus FY2024 data showing approximately 32 grants totaling $40M, the Wonderful Life Foundation's giving is highly concentrated at the top with a long tail of smaller general-support commitments. Grant size distribution: The foundation's own records show a median grant of $50,000 with a range of $3,309 to $2,500,000 (across a 42-grant measurement subset), and an overall average of $265,949 across all 96 recorded transactions. In practice, five re.
Wonderful Life Foundation has distributed a total of $38.9M across 96 grants. The median grant size is $50K, with an average of $405K. Individual grants have ranged from $500 to $4M.
The Wonderful Life Foundation operates as a tightly held family philanthropy directed exclusively by M. Jude and Lori W. Reyes, a West Palm Beach-based couple who fund the foundation primarily through personal contributions averaging $18–22 million annually. Despite its independent private foundation classification, this entity functions as a relationship-driven giving vehicle with no public application process and an explicit preselected-only posture. Cold outreach will not yield results. The R.
Wonderful Life Foundation is headquartered in WEST PALM BCH, FL. While based in FL, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| M Jude Reyes | TRUSTEE | $0 | $0 | N/A |
| Lori W Reyes | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$23.6M
Fair Market Value
N/A
Net Worth
$23.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
96
Total Giving
$38.9M
Average Grant
$405K
Median Grant
$50K
Unique Recipients
45
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shirley Ryan AbilitylabGENERAL SUPPORT | Chicago, IL | $4M | 2023 |
| University Of Notre DameBOLDLY NOTRE DAME CAMPAIGN | Notre Dame, IN | $3M | 2023 |
| Friends Of The University Of Notre DameGENERAL SUPPORT | South Bend, IN | $2M | 2023 |
| Central Presbyterian ChurchRESOUND PROJECT | New York, NY | $1.2M | 2023 |
| Woodlands Academy Of The Sacred HeartGENERAL SUPPORT | Lake Forest, IL | $1M | 2023 |
| Wofford CollegeCAPITAL CAMPAIGN | Spartanburg, SC | $1M | 2023 |
| University Of North Carolina At Chapel HillTHE PHOEBE CAROLINA COVENANT SCHOLARSHIP FUND | Chapel Hill, NC | $400K | 2023 |
| Ronald Mcdonald House Charities IncGENERAL SUPPORT | Chicago, IL | $250K | 2023 |
| University Of Maryland College ParkREYES ENDOWED CHAIRS IN ELECTRICAL AND COMPUTER ENGINEERING AND MECHANICAL ENGINEERING | College Park, MD | $200K | 2023 |
| Northwestern UniversityBLUHM CARDIOVASCULAR INSTITUTE | Chicago, IL | $200K | 2023 |
| Jazz At Aspen SnowmassCAPITAL AND ENDOWMENT CAMPAIGN | Aspen, CO | $200K | 2023 |
| Big Shoulders FundGENERAL SUPPORT | Chicago, IL | $180K | 2023 |
| Old St Patricks ChurchGENERAL SUPPORT | Chicago, IL | $100K | 2023 |
| Catholic ExtensionGENERAL SUPPORT | Chicago, IL | $100K | 2023 |
| The Evans Scholars FoundationGENERAL SUPPORT | Glenview, IL | $100K | 2023 |
| Margaret Hackett Family Center NfpGENERAL SUPPORT | Chicago, IL | $100K | 2023 |
| Lurie Children'S FoundationGENERAL SUPPORT | Chicago, IL | $100K | 2023 |
| Harlem Children'S ZoneGENERAL SUPPORT | New York, NY | $100K | 2023 |
| Clearbrook - Shining Star BallGENERAL SUPPORT | Arlington Heights, IL | $50K | 2023 |
| Apbd Research FoundationGENERAL SUPPORT | Brooklyn, NY | $50K | 2023 |
| Access LivingGENERAL SUPPORT | Chicago, IL | $50K | 2023 |
| St Jane Frances De ChantalFOREVER DE CHANTAL GENERAL CAMPAIGN | Cincinnati, OH | $50K | 2023 |
| Accelerate InstituteGENERAL SUPPORT | Chicago, IL | $50K | 2023 |
| Off The Street ClubGENERAL SUPPORT | Chicago, IL | $50K | 2023 |
| Lost Tree FoundationGENERAL SUPPORT | North Palm Beach, FL | $25K | 2023 |
| Navy Seal FoundationGENERAL SUPPORT | Virginia Beach, VA | $25K | 2023 |
| Museum Of Contemporary Art ChicagoGENERAL SUPPORT | Detroit, MI | $25K | 2023 |
| American Enterprise InstituteGENERAL SUPPORT | Washington, DC | $25K | 2023 |
| Gateway For Cancer ResearchGENERAL SUPPORT | Schaumburg, IL | $25K | 2023 |
| Anderson Ranch Arts CenterGENERAL SUPPORT | Snowmass Village, CO | $25K | 2023 |
| The Buoniconti FundGENERAL SUPPORT | Miami, FL | $25K | 2023 |
| Lost Tree ChapelGENERAL SUPPORT | North Palm Beach, FL | $20K | 2023 |
| United Cerebral PalsyGENERAL SUPPORT | Tinley Park, IL | $15K | 2023 |
| Juvenile Diabetes Research FoundationGENERAL SUPPORT | Chicago, IL | $10K | 2023 |
| St Patrick ChurchGENERAL SUPPORT | Palm Beach Gardens, FL | $1K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL