Leo E and Helen H Reese Trust

CHARLESTON, SC EIN: 58-2026291

Leo E and Helen H Reese Trust is a private foundation, based in CHARLESTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65K in total assets. In 2024, it awarded 7 grants totaling $5K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$65K

+0.4% YoY

Annual Giving

$5K

-48.7% YoY

Grant Count

-12.5% YoY

Avg Grant Size

$714.286

-41.4% YoY

Under IRS private-foundation payout rules, Leo E and Helen H Reese Trust reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About Leo E and Helen H Reese Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

South Carolina $16K (43%)

Georgia $10K (28%)

North Carolina $5K (13%)

Florida $4K (10%)

District of Columbia $2K (5%)

Illinois $250 (1%)

Massachusetts $250 (1%)

States

District of Columbia Florida Georgia Illinois Massachusetts North Carolina South Carolina

Cities

AgawamAtlantaChalestonCharlestonCharlotteChicagoMaconRaleighTampaWashingtonWatkinsville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$64,861	$64,622	$69,278
Revenue	$6,791	$7,030	$7,103
Expenses	$6,552	$11,686	$10,094
Qualifying Distributions	$5,000	$11,102	$10,094
Net Investment Income	$5,440	$5,730	$3,609
Distributable Amount	$8,400	$7,812	$9,061

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

41 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Family Service ($1,250), Ml4 Foundation ($1,250), Rescue Mission of Middle Georgia ($1,000).

Recipient	Purpose	Amount
JEWISH FAMILY SERVICE CHARLESTON, SC	STANDARD OPERATIONS	$1,250
RESCUE MISSION OF MIDDLE GEORGIA MACON, GA	STANDARD OPERATION	$1,000
CHARITY VEST INC ATLANTA, GA	STANDARD OPERATIONS	$750
SHRINERS HOSPITAL FOR CHILDREN TAMPA, FL	STANDARD OPERATIONS	$250
RED CROSS MACON, GA	STANDARD OPERATIONS	$250
ML4 FOUNDATION ATLANTA, GA	STANDARD OPERRATIONS	$1,250
NATIONAL MS SOCIETY RALEIGH, NC	STANDARD OPERATIONS	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RONALD LEE REESE	TRUSTEE	2	—
ERICA R RABHAN	TRUSTEE	2	—
JEAN REESE ROVNER	TRUSTEE	2	—

Frequently Asked Questions

How large is Leo E and Helen H Reese Trust?

As of 2024, Leo E and Helen H Reese Trust holds $65K in total assets with $7K in annual revenue. It awarded 7 grants totaling $5K in 2024.

Where does Leo E and Helen H Reese Trust operate?

Leo E and Helen H Reese Trust has awarded grants in District of Columbia, Florida, Georgia, Illinois, Massachusetts, North Carolina, South Carolina.

What size grants does Leo E and Helen H Reese Trust award?

In 2024, Leo E and Helen H Reese Trust awarded 7 grants totaling $5K — an average of about $714.286 per grant, based on its IRS Form 990 filings.

How much is Leo E and Helen H Reese Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leo E and Helen H Reese Trust reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.