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Carl Marshall Reeves and

Foundation · Grantmaker Fenton, MO EIN: 35-2026200 Website

The Carl Marshall Reeves and Mildred Almen Reeves Foundation is a private foundation established in 1997 in Indiana and currently headquartered in Fenton, Missouri. The foundation was created by Mildred Reeves in honor of her late husband, Carl Reeves. It operates as a 501(c)(3) organization with no employees and provides direct support to various organized charitable organizations through earnings from investments.

Key facts about Carl Marshall Reeves and

EIN
35-2026200
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$616,617
Grants made (2025)
30
Average grant
$20,554
Median grant
$14,998
New grantees (estimate)
13% first-time grantees (4 of 30, 2025)
Primary geography
Indiana (49% of itemized 2025 grant dollars)
How to apply
Separate application forms for each funding area. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Carl Marshall Reeves and funds

By grant dollars, the top recipient states for Carl Marshall Reeves and's 30 itemized 2025 grants were Indiana (49%), Massachusetts (14%) and Tennessee (8%). The most frequent recipient cities were Columbus, IN (18 grants) and Indianapolis, IN (3 grants). None of its 30 grants with a stated purpose were described as general or operating support. Recurring purposes include "Macular Degeneration Research of the Eye Studies" (6 grants).

Is Carl Marshall Reeves and open to new grantees?

13%

first-time grantees, 2025

In 2025, 4 of 30 grantees (13%) were first-time recipients. First grants averaged $23K; repeat grants $20K. How we count

Medians: $23K first-time, $10K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving fell 43% from 2022 to 2025. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Carl Marshall Reeves and

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$617K

-17.8% YoY

Grant Count

30

-6.3% YoY

Avg Grant Size

$21K

-12.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's purpose is divided equally between two primary focus areas:

  • 50% Local Community Support: Grants to organized charities in the Columbus, Indiana area, with particular interest in education, history, and the arts. Funding priorities include social services, health, education, community development, civic affairs, children and youth, and arts and culture.

  • 50% Medical Research: Funding for macular degeneration of the eye research at universities and medical centers throughout the United States.

The foundation maintains a strict overhead policy: awarded monies may not be used for overhead, indirect administrative costs, or endowment funds. Grants are intended to fund projects themselves or capital expenditures.

Grantmaking

Grant Range

& Activity**: The foundation made 37 grants in 2024. Typical award amounts range from $200 to $206,434.

Review Cycle

May 15; notification targeted for July 31

How to Apply

**:

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Geographic Focus

Where this funder awards grants

  • Primary: Columbus, Indiana area for local organized charities
  • Secondary: National scope for macular degeneration research institutions (universities and medical centers throughout the United States)

Grant Distribution by State

12states

Share of all 30 itemized 2025 grant dollars.

Cities

ColumbusIndianapolisHopeNashvilleShrewsburySt LouisMadisonLos AngelesPittsburghSan FranciscoSeymourBaltimoreBloomingtonBuffaloClevelandDallasFort WayneGalvestonPasadenaSalt Lake City

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $14,722,956
  • Total Revenues: $1,123,872
  • Total Expenses: $921,259
  • EIN: 35-2026200
  • Tax-exempt since January 1998
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$274K$547K$821K$1M37 grants202032 grants202131 grants202226 grants202332 grants202430 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Umass Memorial Foundation (U Mass Medical School): $85KUmass Memorial Foundation (UMass Medical School)$85KFamily Service Inc: $54KFamily Service Inc$54KVumc (Vanderbilt Eye Institute): $50KVumc (Vanderbilt EyeInstitute)$50KUniversity of Wisconsin: $45KUniversity of Wisconsin$45KRetina Foundation of the Southwest: $45KRetina Foundation of theSouthwest$45KWashington University in St Louis: $40KWashington University in StLouis$40KIupuc: $33KIupuc$33KIndiana University: $30KIndiana University$30KUniversity of Pittsburgh: $26KUniversity of Pittsburgh$26KBridge to Dove Recovery House Inc: $25KBridge to Dove Recovery HouseInc$25K

Grant Size Distribution

151 grants across all recorded years

124<$50K25$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Carl Marshall Reeves and

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Umass Memorial Foundation (U Mass Medical School) ($85,000), Family Service Inc ($53,790), Vumc (Vanderbilt Eye Institute) ($50,000).

RecipientPurposeAmount
UMASS MEMORIAL FOUNDATION (U MASS MEDICAL SCHOOL) Shrewsbury, MAMACULAR DEGENERATION RESEARCH OF THE EYE STUDIES$85,000
FAMILY SERVICE INC Columbus, INCLINICAL SERVICE COUNSELING PROGRAM$53,790
VUMC (VANDERBILT EYE INSTITUTE) Nashville, TNMACULAR DEGENERATION RESEARCH OF THE EYE STUDIES$50,000
UNIVERSITY OF WISCONSIN Madison, WIMACULAR DEGNERATION RESEARCH OF THE EYE STUDIES$45,384
RETINA FOUNDATION OF THE SOUTHWEST Dallas, TXMACULAR DEGENERATION RSEARCH OF THE EYE STUDIES$45,000
WASHINGTON UNIVERSITY IN ST LOUIS St Louis, MOMACULAR DEGENERATION RESEARCH OF THE EYE STUDIES$40,374
IUPUC Columbus, INPURCHASE EQUIPMENT (PEDIATRIC MANNEQUIN SIMULATOR) PROGRAM AT LOCAL COLLEGE$33,000
INDIANA UNIVERSITY Indianapolis, INMACULAR DEGENERATION RESEARCH OF THE EYE STUDIES$29,742
UNIVERSITY OF PITTSBURGH Pittsburgh, PAMACULAR DEGENERATION RESEARCH OF THE EYE STUDIES$26,219
BRIDGE TO DOVE RECOVERY HOUSE INC Columbus, INFUNDING FOR BUILDING CONSTRUCTION FOR TURNKEY FACILITY$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Directors:

  • Mary Ann Nunn - President/Treasurer
  • Lisa M DeBord - Vice President/Secretary
  • Dr. Stephen G Brueggemann
  • Shane Yates
  • Janae Norman
  • Ashley Abner

Compensation Overview

From 2025 IRS filing

Stephen Brueggemann — Director: $2KStephen BrueggemannDirector$2KMary Ann Nunn — President / Treasurer: $2KMary Ann NunnPresident / Treasurer$2KLisa M Debord — Vice President / Secretary: $2KLisa M DebordVice President / Secretary$2KAshley Abner — Director: $2KAshley AbnerDirector$2KShane M Yates — Director: $2KShane M YatesDirector$2KJanae E Franke - Norman — Director: $2KJanae E Franke - NormanDirector$2K

From 2025 IRS filing

NameTitleHoursCompensation
Mary Ann NunnPresident / Treasurer3$1,800
Lisa M DebordVice President / Secretary1$1,800
Ashley AbnerDirector1$1,800
Stephen BrueggemannDirector1$2,200
Shane M YatesDirector1$1,800
Janae E Franke - NormanDirector1$1,800

Contact Information

Mailing Address: Carl Marshall Reeves & Mildred Almen Reeves Foundation, Inc. Attn: Mary Ann Nunn 346 Harbor Bluff Drive Fenton, MO 63026

Phone: 812-343-1787

Email: nunnmaryann@gmail.com

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Carl Marshall Reeves and fund?

The foundation's purpose is divided equally between two primary focus areas: • **50% Local Community Support**: Grants to organized charities in the Columbus, Indiana area, with particular interest in education, history, and the arts. Funding priorities include social services, health, education, community development, civic affairs, children and youth, and arts and culture. • **50% Medical Research**: Funding for macular degeneration of the eye research at universities and medical centers thro…

How do I apply for a grant from Carl Marshall Reeves and?

Separate application forms for each funding area. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Carl Marshall Reeves and make grants?

• **Primary**: Columbus, Indiana area for local organized charities • **Secondary**: National scope for macular degeneration research institutions (universities and medical centers throughout the United States)

What size grants does Carl Marshall Reeves and award?

In 2025, Carl Marshall Reeves and awarded 30 grants totaling $617K — an average of about $21K per grant, based on its IRS Form 990 filings.

What is Carl Marshall Reeves and's EIN?

Carl Marshall Reeves and's EIN (Employer Identification Number) is 35-2026200. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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