Nancy E Barry & Letitia P Rees Foundation

PACIFIC PALISADES, CA EIN: 95-7026070

Nancy E Barry & Letitia P Rees Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PACIFIC PALISADES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 10 grants totaling $320K. Net investment income was $167K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

+0.3% YoY

Annual Giving

$320K

-17.7% YoY

Grant Count

-23.1% YoY

Avg Grant Size

$32K

+7.0% YoY

Under IRS private-foundation payout rules, Nancy E Barry & Letitia P Rees Foundation reported a distributable amount of $462K for 2024 — the minimum it must pay out in qualifying distributions.

About Nancy E Barry & Letitia P Rees Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Nancy E Barry & Letitia P Rees Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $391K (42%)

Virginia $298K (32%)

New York $241K (26%)

District of Columbia $7K (1%)

Connecticut $2K (0%)

Indiana $250 (0%)

States

California Connecticut District of Columbia Indiana New York Virginia

Cities

BerkeleyIndianapolisLexingtonLos AngelesMount VernonNew HavenNew YorkPacific PalisadesSan MarinoSanta BarbaraStanfordStudio CityWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,751,975	$4,738,035	$4,355,688
Revenue	$169,480	$652,510	$333,654
Expenses	$328,149	$401,628	$222,803
Qualifying Distributions	$325,296	$391,330	$210,515
Net Investment Income	$166,727	$100,633	$321,366
Distributable Amount	$462,330	$332,516	$385,787

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 2024

Grant Size Distribution

47 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Planned Parenthood ($233,531), Leland Stanford Junior University ($20,000), Harvard - Westlake School ($14,993).

Recipient	Purpose	Amount
HARVARD - WESTLAKE SCHOOL STUDIO CITY, CA	(1) DESCRIPTION: 33 SHARES OF BERSHIRE HATHAWAY CLASS B SECURITIES (2) BOOK VALUE: $6,064 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/17/2024 (6) PURPOSE: GENERAL OPERATING SUPPORT	$14,993
MARLBOROUGH SCHOOL LOS ANGELES, CA	(1) DESCRIPTION: 33 SHARES OF BERSHIRE HATHAWAY CLASS B SECURITIES (2) BOOK VALUE: $6,064 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/17/2024 (6) PURPOSE: GENERAL OPERATING SUPPORT	$14,993
THE JOHN THOMAS DYE SCHOOL LOS ANGELES, CA	(1) DESCRIPTION: 33 SHARES OF BERSHIRE HATHAWAY CLASS B SECURITIES (2) BOOK VALUE: $6,063 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/18/2024 (6) PURPOSE: GENERAL OPERATING SUPPORT	$14,930
YALE CAMPAIGN NEW HAVEN, CT	(1) DESCRIPTION: 5 SHARES OF BERSHIRE HATHAWAY CLASS B SECURITIES (2) BOOK VALUE: $919 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/16/2024 (6) PURPOSE: GENERAL OPERATING SUPPORT	$2,288
COLUMBIA UNIVERSITY NEW YORK, NY	(1) DESCRIPTION: 5 SHARES OF BERSHIRE HATHAWAY CLASS B SECURITIES (2) BOOK VALUE: $919 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/16/2024 (6) PURPOSE: GENERAL OPERATING SUPPORT	$2,288
LELAND STANFORD JUNIOR UNIVERSITY STANFORD, CA	(1) DESCRIPTION: 15 SHARES OF BERSHIRE HATHAWAY CLASS B SECURITIES (2) BOOK VALUE: $2,756 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/17/2024 (6) PURPOSE: GENERAL OPERATING SUPPORT	$6,815
PLANNED PARENTHOOD NEW YORK, NY	(1) DESCRIPTION: 514 SHARES OF BERSHIRE HATHAWAY CLASS B SECURITIES (2) BOOK VALUE: $94,444 (3) METHOD USED TO DETERMINE BOOK VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE RECEIVED BY THE FOUNDATION. (4) METHOD USED TO DETERMINE FAIR MARKET VALUE: AVERAGE OF THE HIGH/LOW ON THE DATE THE SECURITIES WERE DONATED. (5) DATE OF THE GIFT: 12/17/2024 (6) PURPOSE: GENERAL OPERATING SUPPORT	$233,531
ALL SAINTS BY THE SEA CHURCH SANTA BARBARA, CA	GENERAL OPERATING SUPPORT	$5,000
LOS ANGELES PHILHARMONIC ASSOCIATION LOS ANGELES, CA	GENERAL OPERATING SUPPORT	$5,500
LELAND STANFORD JUNIOR UNIVERSITY STANFORD, CA	GENERAL OPERATING SUPPORT	$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM H BORTHWICK	TRUSTEE THRU 10/09/2024	—	—
MARIBETH A BORTHWICK	TRUSTEE THRU 10/09/2024	—	—
CLAIRE E BORTHWICK	TRUSTEE	—	—
KATHARINE M BORTHWICK	TRUSTEE	—	—
WILLIAM H BORTHWICK JR	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Nancy E Barry & Letitia P Rees Foundation?

Nancy E Barry & Letitia P Rees Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PACIFIC PALISADES, CA. It holds $4.8M in total assets as of 2024.

How large is Nancy E Barry & Letitia P Rees Foundation?

As of 2024, Nancy E Barry & Letitia P Rees Foundation holds $4.8M in total assets with $169K in annual revenue. It awarded 10 grants totaling $320K in 2024.

Where does Nancy E Barry & Letitia P Rees Foundation operate?

Nancy E Barry & Letitia P Rees Foundation has awarded grants in California, Connecticut, District of Columbia, Indiana, New York, Virginia.

What size grants does Nancy E Barry & Letitia P Rees Foundation award?

In 2024, Nancy E Barry & Letitia P Rees Foundation awarded 10 grants totaling $320K — an average of about $32K per grant, based on its IRS Form 990 filings.

How much is Nancy E Barry & Letitia P Rees Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Nancy E Barry & Letitia P Rees Foundation reported a distributable amount of $462K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Nancy E Barry & Letitia P Rees Foundation's EIN?

Nancy E Barry & Letitia P Rees Foundation's EIN (Employer Identification Number) is 95-7026070. IRS Form 990 filing data is available on this page for 2020–2024.