David and Claudia Babb Reich logo

David and Claudia Babb Reich

Private foundation · Grantmaker Greensboro, NC EIN: 26-2981022 Website

The David and Claudia Babb Reich funder is a private foundation based in Greensboro, North Carolina. Established by Claudia and David Reich in 2008, the Reich Family Foundation makes nonprofit, individual, and small-business grants. Its stated purpose is to put the family’s values into action by honoring and respecting the dignity of others, increasing awareness of obstacles, and opening doors of opportunity.

Key facts about David and Claudia Babb Reich

In short: David and Claudia Babb Reich gave $409K across 33 grants in 2024 (avg $12K), mostly in North Carolina. 42% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
26-2981022
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$408,500
Grants made (2024)
33
Average grant
$12,379
Median grant
$12,000
New grantees (estimate)
42% first-time grantees (14 of 33, 2024)
Total assets
$1,375,478
Primary geography
North Carolina (100% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Full details ↓

Data from IRS Form 990-PF, 2024; 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-0.1% YoY

Annual Giving

$409K

+113.0% YoY

Grant Count

33

+37.5% YoY

Avg Grant Size

$12K

+54.9% YoY

Under IRS private-foundation payout rules, David and Claudia Babb Reich reported a distributable amount of $85K for 2024 — the minimum it must pay out in qualifying distributions.

Is David and Claudia Babb Reich open to new grantees?

42%

first-time grantees, 2024

In 2024, 14 of 33 grantees (42%) were first-time recipients. First grants averaged $13K; repeat grants $12K. How we count

Medians: $15K first-time, $12K repeat.

  • 42% of 2024 grantees were also funded in 2023. Method
  • Giving grew 67% from 2021 to 2024. Method
  • In 2024 it paid out 480% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

The foundation’s mission is to honor and respect the dignity of others, increase awareness of obstacles, and open doors of opportunity. Its website lists nonprofit grants, individual grants, and small-business grants.

The 2024 grants show support for organizations working in areas including housing, homelessness, health care, youth services, education, and inclusion. For example, Community Housing Solutions describes its work as making Guilford County homes warmer, drier, and safer through repairs and ownership opportunities for low-income homeowners. The Interactive Resource Center says it assists people experiencing or facing homelessness to reconnect with their lives and community. Guilford Adult Health describes its mission as expanding access to quality, comprehensive, affordable health care through community partnerships.

Grantmaking

In 2024, the foundation reported 33 grants totaling $408,500. Awards ranged from $500 to $28,000, with a median grant of $12,000. Among the largest were $28,000 to Community Housing Solutions; $25,000 to The Barnabas Network; $22,250 to the Interactive Resource Center; and $22,000 to Youth Focus. The Barnabas Network describes its work as providing basic home furnishings at no cost to qualified families and individuals transitioning out of homelessness, recovering from setbacks, fleeing abuse or violence, or overcoming severe poverty. Youth Focus describes its work as helping youth achieve safety, security, and success through programs that include supportive housing and trauma-informed counseling.

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Geographic Focus

Where this funder awards grants

All grant dollars reported for 2024 went to recipients in North Carolina. The 2024 grantee list includes organizations in Greensboro and other North Carolina communities.

Grant Distribution by State

3states

Share of all 33 itemized 2024 grant dollars.

Cities

GreensboroHigh PointRaleighStokesdaleWinston-SalemClemmonsDicksonDurhamHendersonvilleHolly SpringsJamestownLexingtonWappingers Falls

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K12 grants202021 grants202125 grants202224 grants202333 grants2024

From 2020 to 2024, annual grant giving ranged from $142K (2020) to $409K (2024). In 2024 it made 33 grants totaling $409K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Community Housing Solutions: $28KCommunity Housing Solutions$28KShift-Ed: $25KShift-Ed$25KThe Barnabas Network: $25KThe Barnabas Network$25KInteractive Resource Center: $22KInteractive Resource Center$22KYouth Focus: $22KYouth Focus$22KCaring Services: $20KCaring Services$20KGuilford Adult Health Inc: $20KGuilford Adult Health Inc$20KGuilford Green Foundation: $20KGuilford Green Foundation$20KKellin Foundation: $20KKellin Foundation$20KNeighborhood Markets Inc: $20KNeighborhood Markets Inc$20K

The largest 2024 recipient was Community Housing Solutions ($28K). Together the top 10 received $222K.

Grant Size Distribution

115 grants across all recorded years

113<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 113 grants of 115 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Housing Solutions Greensboro, NCTo make Guilford county homes warmer, drier and safer by providing repairs and ownership opportunities to low-income homeowners.$28,000
Shift-Ed Greensboro, NCShift_ed will transform communities through diverse educational and workforce pathways$25,000
The Barnabas Network Winston-Salem, NCThrough a collaborative effort of diverse faith communities and social agencies, offers systemic encouragement including basic home furnishings for families and individuals who are moving from homelessness, recovering from a major setback, fleeing domestic violence, or living with incomes that cannot cover basic needs.$25,000
Interactive Resource Center Greensboro, NCResource center for people currently facing, experiencing or coming out of homelessness.$22,250
Youth Focus Greensboro, NCProvide prevention, intervention and treatment services for children and youth and their families who are at risk, in crisis or who have emotional or behavorial problems.$22,000
Caring Services High Point, NCTo provide healing and hope for individuals affected by addiction to alcholo and other drugs.$20,000
Guilford Adult Health Inc Greensboro, NCTo ensure all persons have access to quality, comprehensive, and affordable health care through innovative community partnerships.$20,000
Guilford Green Foundation Greensboro, NCCreates unity through programming and philantrophy that advances equality and inclusion for lgbtq communities$20,000
Kellin Foundation Greensboro, NCTo strengthen resilience among children, families, adults and communities through trama-informed behavioral health services focued on prevention, treatment and healing.$20,000
Neighborhood Markets Inc Greensboro, NCOur mission as a market is not only to connect customers with local growers, makers and bakers but to connect the community as a whole.$20,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $1,375,478 $463,691 $464,392 $408,500 33
2023 $1,376,179 $251,383 $238,628 $191,768 24
2022 $1,363,424 $354,290 $397,596 $352,897 25
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K20202021202220232024
Metric202420232022
Total Assets$1,375,478$1,376,179$1,363,424
Revenue$463,691$251,383$354,290
Expenses$464,392$238,628$397,596
Qualifying Distributions$408,500$191,768$352,897
Net Investment Income$375,912$53,756$162,349
Distributable Amount$85,149$75,081$65,946

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Claudia B. Reich as president and director; David W. Reich Jr. as secretary, treasurer, and director; and David W. Reich III, Peter N. Reich, James W. Reich, and Carrie R. Little as directors.

The foundation’s website identifies Pam Reeves Cash as executive director, working with the Reich family and serving as a bridge to current and prospective grantees.

David and Claudia Babb Reich is led by Claudia B. Reich, President & Director on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Claudia B. Reich

    President & Director

    On filings since 2020

    No compensation reported

  • Carrie R. Little

    Director

    On filings since 2020

    No compensation reported

  • David W. Reich III

    Director

    On filings since 2020

    No compensation reported

  • David W. Reich Jr.

    Secretary, Treasurer & Director

    On filings since 2020

    No compensation reported

  • James W. Reich

    Director

    On filings since 2020

    No compensation reported

  • Peter N. Reich

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 2314 Princess Ann Street, Greensboro, NC 27408
Phone: (336) 993-6339
Website: https://reichff.org

Frequently asked questions about David and Claudia Babb Reich

How much does David and Claudia Babb Reich give each year?

David and Claudia Babb Reich gave $409K across 33 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $192K across 24 grants.

What is David and Claudia Babb Reich's typical grant size?

David and Claudia Babb Reich's median grant in 2024 was $12,000, and its average grant was $12,379, across 33 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from David and Claudia Babb Reich that year got $13K on average.

Where does David and Claudia Babb Reich give grants?

David and Claudia Babb Reich gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Greensboro, NC (26 grants) and Winston-Salem, NC (2 grants).

Does David and Claudia Babb Reich give general operating support?

Not in 2024: none of the 33 grants with a stated purpose on David and Claudia Babb Reich's 2024 IRS Form 990-PF were described as general or operating support.

Who are David and Claudia Babb Reich's largest grantees?

David and Claudia Babb Reich's largest 2024 grantees include Community Housing Solutions ($28,000), Shift-Ed ($25,000) and The Barnabas Network ($25,000), according to its 2024 IRS Form 990-PF. Together they received 19% of its itemized 2024 grant dollars.

How large is David and Claudia Babb Reich?

David and Claudia Babb Reich reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $409K in qualifying distributions that year, against a required minimum of $85K (roughly 5% of its investment assets).

What does David and Claudia Babb Reich fund?

The foundation’s mission is to honor and respect the dignity of others, increase awareness of obstacles, and open doors of opportunity. Its website lists nonprofit grants, individual grants, and small-business grants. See mission & focus areas ↑

How do I apply for a grant from David and Claudia Babb Reich?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is David and Claudia Babb Reich's EIN?

David and Claudia Babb Reich's EIN (Employer Identification Number) is 26-2981022. IRS Form 990 filing data is available on this page for 2020–2024.

Does David and Claudia Babb Reich accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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