Floyd J Reinhart Memorial Scholarship
The Floyd J Reinhart Memorial Scholarship Foundation is a private foundation established in 1982 and based in Albany, New York. The foundation operates as a 501(c)(3) tax-exempt organization with a primary focus on providing scholarship grants for higher education.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.4M
-1.2% YoY
Annual Giving
$102K
+21.4% YoY
Grant Count
67
-6.9% YoY
Avg Grant Size
$2K
+30.4% YoY
Mission & Focus Areas
The foundation's purpose is to provide scholarship awards for higher education, with eligibility limited to current graduates of three specific high schools in Montgomery County, New York: Canajoharie, Fort Plain, and St. Johnsville high schools.
Grantmaking
The foundation typically selects grantees rather than accepting unsolicited proposals. It makes contributions only to preselected charitable organizations.
How to Apply
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Geographic Focus
Where this funder awards grants
Grantmaking is concentrated in New York, with particular focus on recipients in Montgomery County.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (FYE June 2025):
- Total Assets: $1,361,182
- Total Revenues: $119,717
- Total Expenses: $135,453
- Investment Income and Dividends: $61,412
- Net Gain from Sale of Non-Inventory Assets: $58,305
Prior Year (FYE June 2024):
- Total Revenues: $129,486
- Investment Income and Dividends: $56,317
- Net Gain from Sale of Non-Inventory Assets: $73,169
The foundation has no employees and generates revenue primarily through investment income and asset sales rather than contributions.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,361,182 | $1,377,722 | $1,360,507 |
| Revenue | $119,717 | $129,486 | $95,952 |
| Expenses | $135,453 | $112,801 | $121,282 |
| Qualifying Distributions | $109,126 | $91,191 | $96,100 |
| Net Investment Income | $94,922 | $108,126 | $70,760 |
| Distributable Amount | $112,987 | $97,940 | $91,149 |
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 2025
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Justin Brock - Principal Officer
- Lyn Goodell - Administrator (1 hour/week)
- Tom Poitras - Trustee (1 hour/week)
- John Bresonis - Officer (1 hour/week)
The foundation is governed by 3 officers and trustees.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYN GOODELL | ADMINISTRATOR | 1 | — |
| TOM POITRAS | TRUSTEE | 1 | — |
| JOHN BRESONIS | OFFICER | 1 | — |
Contact Information
- Address: 6 Metro Park Road, Albany, NY 12205-5941
- Phone: (518) 381-3644
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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