Lilly E Reiser Foundation Inc
Lilly E Reiser Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.4M in total assets. In 2024, it awarded 2 grants totaling $200K. Net investment income was $399K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.4M
+5.1% YoY
Annual Giving
$200K
-33.3% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$100K
+0.0% YoY
Under IRS private-foundation payout rules, Lilly E Reiser Foundation Inc reported a distributable amount of $350K for 2024 — the minimum it must pay out in qualifying distributions.
About Lilly E Reiser Foundation Inc
Based on IRS filings
Lilly E Reiser Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.4M in total assets. In 2024, it awarded 2 grants totaling $200K. Net investment income was $399K.
Focus Areas
Ready to take the next step with Lilly E Reiser Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,361,883 | $7,006,943 | $7,082,322 |
| Revenue | $598,238 | $327,071 | $169,855 |
| Expenses | $266,035 | $402,450 | — |
| Qualifying Distributions | $201,758 | $301,333 | — |
| Net Investment Income | $399,307 | $305,921 | $169,855 |
| Distributable Amount | $350,060 | $23,273 | $11,149 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hillel International ($100,000), United Jewish Federation of Greater Stamford New Canaan & Darien ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HILLEL INTERNATIONAL WASHINGTON, DC | GENERAL CHARITABLE PURPOSES | $100,000 |
| UNITED JEWISH FEDERATION OF GREATER STAMFORD NEW CANAAN & DARIEN STAMFORD, CT | GENERAL CHARITABLE PURPOSES | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY COSTELLO | PRESIDENT/ DIRECTOR | 4 | $20,000 |
| JOHN COSTELLO | VICE PRESIDENT/DIRECTOR | 2 | $10,000 |
| KATHERINE COSTELLO | SECRETARY/DIRECTOR | 2 | $10,000 |
| KEVIN COSTELLO | TREASURER/DIRECTOR | 2 | $10,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lilly E Reiser Foundation Inc?
Lilly E Reiser Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $7.4M in total assets as of 2024.
How large is Lilly E Reiser Foundation Inc?
As of 2024, Lilly E Reiser Foundation Inc holds $7.4M in total assets with $598K in annual revenue. It awarded 2 grants totaling $200K in 2024.
Where does Lilly E Reiser Foundation Inc operate?
Lilly E Reiser Foundation Inc has awarded grants in Connecticut, District of Columbia, New York.
What size grants does Lilly E Reiser Foundation Inc award?
In 2024, Lilly E Reiser Foundation Inc awarded 2 grants totaling $200K — an average of about $100K per grant, based on its IRS Form 990 filings.
How much is Lilly E Reiser Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lilly E Reiser Foundation Inc reported a distributable amount of $350K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lilly E Reiser Foundation Inc's EIN?
Lilly E Reiser Foundation Inc's EIN (Employer Identification Number) is 85-3594809. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lilly E Reiser Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Brodovsky Foundation
SACRAMENTO, CA
Assets
$3.7M
Grants
40
Total Given
$187K
The Shachar Foundation
NEW YORK, NY
Assets
$2.3M
Grants
3
Total Given
$2.3M
Credit Suisse Americas Foundation
NEW YORK, NY
Assets
$1.0M
Grants
2
Total Given
$819K
Financial Health Network Inc
CHICAGO, IL
Assets
$22.8M
Grants
1
Total Given
$25K
Charles K & Esther Krieger Foundation
ROSELAND, NJ
Assets
$10.4M
Grants
31
Total Given
$728K
Joseph Alexander Foundation Inc
FT WASHINGTON, PA
Assets
$19.6M
Grants
49
Total Given
$799K
Dorot Foundation
PROVIDENCE, RI
Assets
$158.5M
Grants
72
Total Given
$4.5M
Alpha Genesis Sunshine Foundation Inc
SAYVILLE, NY
Assets
$66K
Grants
7
Total Given
$6K
Kenneth and Gina Mandelbaum Family
MILLBURN, NJ
Assets
$45K
Grants
16
Total Given
$49K
Herbert and Lillian Heilpern Family
WILMINGTON, DE
Assets
—
Grants
86
Total Given
$204K
Prior Family Foundation
ST THOMAS, VI
Assets
$10.6M
Grants
20
Total Given
$102K
Katz Family Charitable Trust
JENKINTOWN, PA
Assets
$280K
Grants
47
Total Given
$100K
More Funders in New York
Data last updated April 2026. Sourced from IRS Form 990-PF filings.