Lilly E Reiser Foundation Inc
Lilly E Reiser Foundation Inc is a private foundation, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.5M in total assets. In 2025, it awarded 3 grants totaling $325K. Net investment income was $418K.
Lilly E Reiser Foundation Inc at a glance
In short: Lilly E Reiser Foundation Inc gave $325K across 3 grants in 2025 (avg $108K), top state New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $325,000
- +62.5% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $108,333
- +8.3% vs 2024
- Median grant
- $100,000
- Total assets
- $7,528,425
- +2.3% vs 2024
- Primary geography
- New York (38% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Lilly E Reiser Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Hebrew Free Loan Society Inc ($125K). Together the top 3 received $325K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $100–250K range: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Lilly E Reiser Foundation Inc gives
- In 2024 it paid out 58% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $200K (2024) to $325K (2025). In 2025 it made 3 grants totaling $325K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hebrew Free Loan Society Inc New York, NY | General Charitable Purposes | $125,000 |
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $7,528,425 | $578,196 | $394,556 | $325,000 | 3 | $326,858 | $417,980 | — |
| 2024 | $7,361,883 | $598,238 | $266,035 | $200,000 | 2 | $201,758 | $399,307 | $350,060 |
| 2023 | $7,006,943 | $327,071 | $402,450 | $300,000 | 3 | $301,333 | $305,921 | $23,273 |
| 2022 | $7,082,322 | $169,855 | — | — | — | — | $169,855 | $11,149 |
Leadership & Key People
Officers and directors from IRS filings
Lilly E Reiser Foundation Inc is led by Timothy Costello, President & Director on every filing since 2020; all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Timothy Costello
President & Director
On filings since 2020
4 hrs/week
$20K (2023) → $20K (2025)
John Costello
Vice President & Director
On filings since 2020
2 hrs/week
$10K (2023) → $10K (2025)
Katherine Costello
Secretary & Director
On filings since 2020
2 hrs/week
$10K (2023) → $10K (2025)
Kevin Costello
Treasurer & Director
On filings since 2020
2 hrs/week
$10K (2023) → $10K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $20K, to Timothy Costello (President/ Director). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Lilly E Reiser Foundation Inc
How much does Lilly E Reiser Foundation Inc give each year?
Lilly E Reiser Foundation Inc gave $325K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $200K across 2 grants.
What is Lilly E Reiser Foundation Inc's typical grant size?
Lilly E Reiser Foundation Inc's median grant in 2025 was $100,000, and its average grant was $108,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does Lilly E Reiser Foundation Inc give grants?
Lilly E Reiser Foundation Inc's top state is New York, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were District of Columbia (31%) and Connecticut (31%).
Does Lilly E Reiser Foundation Inc give general operating support?
Yes: 100% of Lilly E Reiser Foundation Inc's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Lilly E Reiser Foundation Inc?
Lilly E Reiser Foundation Inc reported $7.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $578K.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 9, 2026)
- IRS filings on file for fiscal years 2020–2024
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