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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14.7M
+1.4% YoY
Annual Giving
$750K
+6.9% YoY
Grant Count
32
+23.1% YoY
Avg Grant Size
$23K
-13.1% YoY
Under IRS private-foundation payout rules, Carl Marshall Reeves and reported a distributable amount of $852K for 2024 — the minimum it must pay out in qualifying distributions.
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,722,956 | $14,520,856 | $13,514,699 |
| Revenue | $1,123,872 | $1,893,694 | $1,780,580 |
| Expenses | $921,259 | $879,330 | $1,219,057 |
| Qualifying Distributions | $815,424 | $762,730 | $1,136,829 |
| Net Investment Income | $1,018,037 | $1,777,094 | $1,698,352 |
| Distributable Amount | $852,490 | $781,319 | $820,122 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Open Grants
2 open opportunities from Carl Marshall Reeves and
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include John a Moran Eye Center ($90,000), Bartholomew Consolidated School Foundation ($68,005), Ivy Tech Foundation ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL MAY SEE FOUNDATION UCSF SAN FRANCISCO, CA | MACULAR DEGENERATION RESEARCH OF THE EYE STUDIES | $40,000 |
| AMERICAN RED CROSS OF SOUTHEAST INDIANA FORT WAYNE, IN | SMOKE ALARMS FOR THOSE IN NEED | $4,539 |
| ARTS FOR LEARNING THE INDIANA AFFLIATE OF YOUNG AUDIENCES INDIANAPOLIS, IN | ART EDUCATION PROJECT EXPENSES AT ELEMENTARY SCHOOLS | $2,796 |
| BARTHOLOMEW CONSOLIDATED SCHOOL FOUNDATION COLUMBUS, IN | CLASSROOM SUPPLIES FOR EACH TEACHER WITHIN BARTHOLOMEW CONSOLIDATED SCHOOLS | $68,005 |
| COLUMBUS AREA CHAMBER FOUNDATION INC COLUMBUS, IN | CONFERENCE ROOM EQUIPMENT AT LOCAL CHAMBER OF COMMERCE | $10,000 |
| COLUMBUS INDIANA PHILHARMONIC COLUMBUS, IN | SCHOLARSHIPS FOR YOUTH PROGRAMS AT LOCAL PHILHARMONIC | $7,500 |
| COLUMBUS REGIONAL HOSPITAL FOUNDATION COLUMBUS, IN | DIABETIC AND MEDICAL SUPPLIES FOR VOLUNTEER MEDICAL CLINIC | $12,926 |
| DANCERS STUDIO INC OF COLUMBUS COLUMBUS, IN | RENNOVATION OF STUDIOS AT LOCAL DANCING STUDIO | $20,000 |
| FAMILY SCHOOL PARTNERS COLUMBUS, IN | HOME VISITS TO SUPPORT CHILDREN AND CAREGIVERS FOR YOUNG CHILDRENT TO BE KINDERGARTEN READY | $8,371 |
| FAMILY SERVICE INC COLUMBUS, IN | CLINICAL SERVICE COUNSELING PROGRAM | $31,450 |
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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY ANN NUNN | PRESIDENT / TREASURER | 3 | $1,800 |
| LISA M DEBORD | VICE PRESIDENT / SECRETARY | 1 | $1,800 |
| ASHLEY ABNER | DIRECTOR | 1 | $1,800 |
| STEPHEN BRUEGGEMANN | DIRECTOR | 1 | $3,000 |
| SHANE M YATES | DIRECTOR | 1 | $3,000 |
| JANAE E FRANKE - NORMAN | DIRECTOR | 1 | $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?
**Grant Size & Activity**: The foundation made 37 grants in 2024. Typical award amounts range from $200 to $206,434. **Active Grant Programs**: • Reeves Foundation: Columbus, Indiana Local Organized Charities Grants • Reeves Foundation: Macular Degeneration Research Grant **Application Process**: • Separate application forms for each funding area • **Columbus, Indiana Local Organized Charities**: Application deadline May 15; notification targeted for July 31 • **Macular Degeneration Research**:…
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 2024, Carl Marshall Reeves and awarded 32 grants totaling $750K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Carl Marshall Reeves and required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Carl Marshall Reeves and reported a distributable amount of $852K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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