Raymond J and Mary C Reisert Foundation
The Raymond J and Mary C Reisert Foundation is a private foundation based in New York, New York. It provides financial support for programs, projects, and activities intended to improve and enhance public social welfare in education, health, and housing.
Key facts about Raymond J and Mary C Reisert Foundation
In short: Raymond J and Mary C Reisert Foundation gave $215K across 23 grants in 2025 (avg $9K), top state Maine. 48% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 80-0002341
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $215,000
- Grants made (2025)
- 23
- Average grant
- $9,348
- Median grant
- $10,000
- New grantees (estimate)
- 48% first-time grantees (11 of 23, 2025; small sample)
- Total assets
- $2,209,713
- Primary geography
- Maine (33% of itemized 2025 grant dollars)
- How to apply
- The 2025 filing directs applicants to see the website for details about forms and materials and lists Raymond J. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.2M
-2.3% YoY
Annual Giving
$215K
+10.0% YoY
Grant Count
23
+27.8% YoY
Avg Grant Size
$9K
-13.9% YoY
Under IRS private-foundation payout rules, Raymond J and Mary C Reisert Foundation reported a distributable amount of $223K for 2025 — the minimum it must pay out in qualifying distributions.
Is Raymond J and Mary C Reisert Foundation open to new grantees?
48%
first-time grantees, 2025
In 2025, 11 of 23 grantees (48%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $9K; repeat grants $9K. How we count
Medians: $10K first-time, $10K repeat.
- 30% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+13%). Method
- In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The mission stated on the foundation’s 2025 filing is to provide financial support to programs, projects, and activities designed to improve and enhance the social welfare of the public in education, health, and housing.
Its 2025 grants included support for organizations working in areas such as youth development, health, and housing stability. For example, Alfond Youth & Community Center describes its mission as helping young people and families realize their potential as productive, responsible, and caring citizens. The Hope Center at Pullen says it supports emerging adults transitioning out of foster care with connections for a safe and stable adulthood. Community Action of Southold Town describes its work as providing a safety net and promoting self-sufficiency for residents facing food, shelter, employment, or healthcare insecurity.
Grantmaking
In filing year 2025, the foundation gave $215,000 through 23 grants. Grant amounts ranged from $3,000 to $20,000, with a median grant of $10,000. The grant-program description lists an award range of $500 to $15,000.
Among the largest 2025 grants were $20,000 to Alfond Youth & Community Center; $15,000 each to Family & Children’s Association, Hope Reins, Long Island Alzheimer’s, and Project Morry; and $10,000 each to Camp Susan Curtis, Hope Center at Pullen, Leukemia & Lymphoma Society, NC Museum of Life and Science, Prosperity Maine, Tree Street Youth, and Community Action Southold Town. Most listed purposes were general support; other specified purposes included Morry’s Camp, rent for youth aged out of foster care, and subsidizing memberships.
How to Apply
The 2025 filing directs applicants to see the website for details about forms and materials and lists Raymond J. Reisert as the contact. It describes the foundation’s support areas as education, health, and housing. The grant-program description says letters of inquiry are invited during January and February; that cycle has passed. The filing lists February 1 as the deadline, which has also passed for the current calendar year.
Open Grants
1 open opportunity from Raymond J and Mary C Reisert Foundation
Ready to take the next step with Raymond J and Mary C Reisert Foundation?
Geographic Focus
Where this funder awards grants
The grant-program description identifies Eastern North Carolina, Long Island, New York, and Central Maine as areas of emphasis. In 2025, grant dollars went to recipients in Maine (33%), New York (33%), North Carolina (26%), Pennsylvania (5%), and Colorado (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $171K (2019) to $215K (2025). In 2025 it made 23 grants totaling $215K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Alfond Youth & Community Center ($20K). Together the top 10 received $130K.
Grant Size Distribution
97 grants across all recorded years
The most common grant size was under $50K: 97 grants of 97 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Alfond Youth & Community Center Waterville, ME | General Support | $20,000 |
| Family & Children's Association Garden City, NY | General Support | $15,000 |
| Hope Reins Raleigh, NC | General Support | $15,000 |
| Long Island Alzheimers Westbury, NY | General Support | $15,000 |
| Project Morry Port Chester, NY | Morry's Camp | $15,000 |
| Camp Susan Curtis Portland, ME | General Support | $10,000 |
| Hope Center at Pullen Raleigh, NC | Rent for Youth Aged Out of Foster Care | $10,000 |
| Leukemia & Lymphoma Society Melville, NY | General Support | $10,000 |
| NC Museum of Life and Science Durham, NC | Subsidizing Memberships | $10,000 |
| Prosperity Maine Portland, ME | General Operations | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $2,209,713 | $213,947 | $261,158 | $215,000 |
| 2024 | $2,262,101 | $201,118 | $241,667 | $195,500 |
| 2023 | $2,304,278 | $186,185 | $239,876 | $204,000 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,209,713 | $2,262,101 | $2,304,278 |
| Revenue | $213,947 | $201,118 | $186,185 |
| Expenses | $261,158 | $241,667 | $239,876 |
| Qualifying Distributions | $231,895 | $216,348 | $217,296 |
| Net Investment Income | $184,198 | $176,414 | $161,717 |
| Distributable Amount | $222,971 | $203,557 | $176,422 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 8, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Susan M. Reisert as president and director; Peter J. Reisert as treasurer and director; Joseph R. Reisert as secretary and director; Raymond J. Reisert as assistant treasurer and director; and Deanna N. Reisert as assistant secretary and director.
Raymond J and Mary C Reisert Foundation is led by Susan M. Reisert, President & Director since 2024 (on filings since 2019); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Susan M. Reisert
President & Director
Secretary & Director → President & Director, 2024
On filings since 2019
7 hrs/week
No compensation reported
Peter J. Reisert
Treasurer & Director
Assistant Treasurer & Director → Treasurer & Director, 2024
On filings since 2019
5 hrs/week
No compensation reported
Raymond J. Reisert
Assistant Treasurer & Director
Treasurer & Director → Assistant Treasurer & Director, 2024
On filings since 2019
2 hrs/week
No compensation reported
Deanna N. Reisert
Assistant Secretary & Director
On filings since 2024
2 hrs/week
No compensation reported
Joseph R. Reisert
Secretary & Director
On filings since 2024
4 hrs/week
No compensation reported
Former officers (1)
- Former: Mary C. Reisert (2019–2023) — President & Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Raymond J Reisert
Mailing address: C/O Ftci- One Madison Ave Ste 2000, New York, NY 10010
Phone: (212) 632-3000
Website: https://www.reisertfoundation.com
Frequently asked questions about Raymond J and Mary C Reisert Foundation
How much does Raymond J and Mary C Reisert Foundation give each year?
Raymond J and Mary C Reisert Foundation gave $215K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $196K across 18 grants.
What is Raymond J and Mary C Reisert Foundation's typical grant size?
Raymond J and Mary C Reisert Foundation's median grant in 2025 was $10,000, and its average grant was $9,348, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Raymond J and Mary C Reisert Foundation that year got $9K on average.
Where does Raymond J and Mary C Reisert Foundation give grants?
Raymond J and Mary C Reisert Foundation's top state is Maine, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (33%) and North Carolina (26%). The most frequent recipient cities were Raleigh, NC (4 grants), Portland, ME (3 grants) and Augusta, ME (2 grants).
Does Raymond J and Mary C Reisert Foundation give general operating support?
Yes: 87% of Raymond J and Mary C Reisert Foundation's 2025 grants with a stated purpose (20 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Raymond J and Mary C Reisert Foundation's largest grantees?
Raymond J and Mary C Reisert Foundation's largest 2025 grantees include Alfond Youth & Community Center ($20,000), Family & Children's Association ($15,000) and Hope Reins ($15,000), according to its 2025 IRS Form 990-PF. Together they received 23% of its itemized 2025 grant dollars.
How large is Raymond J and Mary C Reisert Foundation?
Raymond J and Mary C Reisert Foundation reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $232K in qualifying distributions that year, against a required minimum of $223K (roughly 5% of its investment assets).
What does Raymond J and Mary C Reisert Foundation fund?
The mission stated on the foundation’s 2025 filing is to provide financial support to programs, projects, and activities designed to improve and enhance the social welfare of the public in education, health, and housing. See mission & focus areas ↑
How do I apply for a grant from Raymond J and Mary C Reisert Foundation?
The 2025 filing directs applicants to see the website for details about forms and materials and lists Raymond J. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Here's the math on researching Raymond J and Mary C Reisert Foundation by hand.
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