Ea & Frances Reichart

ALEXANDRIA, IN EIN: 26-0533447

Ea & Frances Reichart is a private foundation focused on Education, based in ALEXANDRIA, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 8 grants totaling $515K. Net investment income was $100K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

-5.0% YoY

Annual Giving

$515K

-4.3% YoY

Grant Count

+14.3% YoY

Avg Grant Size

$64K

-16.2% YoY

Under IRS private-foundation payout rules, Ea & Frances Reichart reported a distributable amount of $220K for 2024 — the minimum it must pay out in qualifying distributions.

About Ea & Frances Reichart

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $1.9M (100%)

States

Indiana

Cities

AlexandriaAndersonArcadiaAtlantaCiceroElwoodKokomo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,771,201	$3,970,018	$4,263,992
Revenue	$362,106	$285,915	$173,802
Expenses	$557,312	$578,878	$378,298
Qualifying Distributions	$514,600	$537,500	$324,189
Net Investment Income	$100,391	$248,929	$133,101
Distributable Amount	$219,764	$220,486	$240,678

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

37 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Agape Therapeutic Riding Resources ($350,750), East Main St Christian Church ($150,000), Elwood Elementary School ($5,000).

Recipient	Purpose	Amount
AGAPE THERAPEUTIC RIDING RESOURCES CICERO, IN	GENERAL SUPPORT	$350,750
EAST MAIN ST CHRISTIAN CHURCH ELWOOD, IN	BUILDING FUND	$150,000
ELWOOD ELEMENTARY SCHOOL ELWOOD, IN	GENERAL SUPPORT	$5,000
ELWOOD OPTIMISTS ELWOOD, IN	GENERAL SUPPORT	$3,000
ELWOOD CHAMBER OF COMMERCE ELWOOD, IN	GENERAL SUPPORT	$2,500
HARRY BRIDGES LITTLE LEAGUE ELWOOD, IN	GENERAL SUPORT	$600
ELWOOD CONCERTS IN THE PARK ELWOOD, IN	GENERAL SUPPORT	$2,500
ARCADIA CHRISTIAN CHURCH ARCADIA, IN	GENERAL SUPPORT	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BRIAN L REICHART	PRESIDENT	—	—
GARY B REICHART	V. PRESIDENT	—	—
TINA REICHART ANDERSON	TREASURER	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Ea & Frances Reichart?

Ea & Frances Reichart is a private foundation focused on Education, based in ALEXANDRIA, IN. It holds $3.8M in total assets as of 2024.

How large is Ea & Frances Reichart?

As of 2024, Ea & Frances Reichart holds $3.8M in total assets with $362K in annual revenue. It awarded 8 grants totaling $515K in 2024.

Where does Ea & Frances Reichart operate?

Ea & Frances Reichart has awarded grants in Indiana.

What size grants does Ea & Frances Reichart award?

In 2024, Ea & Frances Reichart awarded 8 grants totaling $515K — an average of about $64K per grant, based on its IRS Form 990 filings.

How much is Ea & Frances Reichart required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ea & Frances Reichart reported a distributable amount of $220K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.