Raymond J and Mary C Reisert Foundation
Raymond J and Mary C Reisert Foundation 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 $2.3M in total assets. In 2024, it awarded 18 grants totaling $196K. Net investment income was $176K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-1.8% YoY
Annual Giving
$196K
-4.2% YoY
Grant Count
18
-5.3% YoY
Avg Grant Size
$11K
+1.2% YoY
Under IRS private-foundation payout rules, Raymond J and Mary C Reisert Foundation reported a distributable amount of $204K for 2024 — the minimum it must pay out in qualifying distributions.
About Raymond J and Mary C Reisert Foundation
Based on IRS filings
Raymond J and Mary C Reisert Foundation 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 $2.3M in total assets. In 2024, it awarded 18 grants totaling $196K. Net investment income was $176K.
Focus Areas
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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 | $2,262,101 | $2,304,278 | $2,360,032 |
| Revenue | $201,118 | $186,185 | $137,727 |
| Expenses | $241,667 | $239,876 | $227,869 |
| Qualifying Distributions | $216,348 | $217,296 | $202,689 |
| Net Investment Income | $176,414 | $161,717 | $112,973 |
| Distributable Amount | $203,557 | $176,422 | $175,907 |
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
90 grants across all recorded years
Open Grants
1 open opportunity from Raymond J and Mary C Reisert Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Casa ($46,500), Hope Center at Pullen ($15,000), Opening Word Program Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMP SUSAN CURTIS PORTLAND, ME | GENERAL SUPPORT | $9,000 |
| CASA RALEIGH, NC | SUPPLEMENT TO RESIDENT'S AFFORDABLE RENT | $46,500 |
| COMMUNITY CONCEPTS LEWISTON, ME | GENERAL SUPPORT | $9,000 |
| HOPE CENTER AT PULLEN RALEIGH, NC | RENT FOR YOUTH AGED OUT OF FOSTER CARE | $15,000 |
| HOUSING RESOURCES FOR YOUTH TOPSHAM, ME | GENERAL SUPPORT | $9,000 |
| JUNIOR ACHIEVEMENT OF MAINE PORTLAND, ME | GENERAL SUPPORT | $7,000 |
| LEUKEMIA & LYMPHOMA SOCIETY MELVILLE, NY | GENERAL SUPPORT | $10,000 |
| LI ALZHEIMER'S & DEMENTIA CTR WESTBURY, NY | GENERAL SUPPORT | $10,000 |
| MAINE BOYS TO MEN PORTLAND, ME | GENERAL SUPPORT | $5,000 |
| NC MUSEUM OF LIFE AND SCIENCE DURHAM, NC | SUBSIDIZING MEMBERSHIPS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN M REISERT | PRESIDENT & DIRECTOR | 7 | — |
| PETER J REISERT | TREASURER & DIRECTOR | 5 | — |
| JOSEPH R REISERT | SECRETARY & DIRECTOR | 4 | — |
| RAYMOND J REISERT | ASSISTANT TREASURER & DIRECTOR | 2 | — |
| DEANNA N REISERT | ASSISTANT SECRETARY & DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raymond J and Mary C Reisert Foundation?
Raymond J and Mary C Reisert Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $2.3M in total assets as of 2024.
How large is Raymond J and Mary C Reisert Foundation?
As of 2024, Raymond J and Mary C Reisert Foundation holds $2.3M in total assets with $201K in annual revenue. It awarded 18 grants totaling $196K in 2024.
Where does Raymond J and Mary C Reisert Foundation operate?
Raymond J and Mary C Reisert Foundation has awarded grants in Maine, North Carolina, New York, Virginia.
What size grants does Raymond J and Mary C Reisert Foundation award?
In 2024, Raymond J and Mary C Reisert Foundation awarded 18 grants totaling $196K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Raymond J and Mary C Reisert Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Raymond J and Mary C Reisert Foundation reported a distributable amount of $204K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raymond J and Mary C Reisert Foundation's EIN?
Raymond J and Mary C Reisert Foundation's EIN (Employer Identification Number) is 80-0002341. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Raymond J and Mary C Reisert Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.