Rea Charitable Trust is a private foundation based in Detroit, Michigan, established in 2009. The trust operates as a 501(c)(3) organization and functions as an independent foundation focused on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$98.1M
-2.4% YoY
Annual Giving
$5.6M
-1.7% YoY
Grant Count
205
+11.4% YoY
Avg Grant Size
$28K
-11.8% YoY
Mission & Focus Areas
The trust's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Visual arts programs (daily operations support)
Grantmaking
The trust accepts applications.
Grant Range
$2,500–$350,000
Average Grant
amount: $38,000
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Geographic Focus
Where this funder awards grants
Primary funding regions:
- Texas
- Virginia
- New York
The foundation's grantmaking reaches organizations across 29 states, with the highest concentration in Texas, North Carolina, and Virginia, which account for 76% of all grants.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Income (2024):
- Total assets: $98,126,165
- Total revenues: $4,153,031
- Total expenses: $6,653,545
- Investment income and dividends: $2,949,721
- Total liabilities: $0
Giving Rate: Approximately 5.8% of assets distributed annually
Historical Asset Growth: Assets have grown from $23.1 million in 2010 to approximately $98–$113 million in recent years.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $98,126,165 | $100,544,152 | $107,266,968 |
| Revenue | $4,153,031 | $-229,851 | $6,370,492 |
| Expenses | $6,653,545 | $6,772,543 | $6,897,542 |
| Qualifying Distributions | $5,662,625 | $5,867,302 | $5,965,378 |
| Net Investment Income | $3,350,477 | $2,567,910 | $5,416,863 |
| Distributable Amount | $5,530,140 | $5,544,793 | $5,827,436 |
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
201 grants across all recorded years
Open Grants
1 open opportunity from Rea Charitable Trust
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel:
- Matthew Grabowski – Vice President
- Dona Bradley – Principal Officer
- Comerica Bank – Trustee
- Advisory Committee members: Richard Folger, Vickie Jay, Eileen Piwetz, Becky Baskin Ferguson, Carma Lynn Muscroft, Katharine Folger Kavanagh, Christine G Foreman
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COMERICA BANK TRUST NA | TRUSTEE | 1 | $134,246 |
| RANDY WILSON | ADVISORY COMMITTEE | 1 | $1,000 |
| VICKIE JAY | ADVISORY COMMITTEE | 1 | $1,000 |
| EILEEN PIWETZ | ADVISORY COMMITTEE | 1 | $1,000 |
| BECKY BASKIN FERGUSON | ADVISORY COMMITTEE | 1 | $1,000 |
| CARMA LYNN MUSCROFT | ADVISORY COMMITTEE | 1 | $1,000 |
| KATHARINE FOLGER KAVANAGH | ADVISORY COMMITTEE | 1 | $1,000 |
| CHRISTINE G FOREMAN | ADVISORY COMMITTEE | 1 | $1,000 |
Recent News & Activity
Recent developments and announcements
Recent grant recipients include:
Midland ISD Education Foundation – $350,000 (support for daily operations)
Senior Life Midland – $150,000 (support for daily operations)
Odessa College Foundation – $150,000 (support for daily operations)
South Texas College Music Department – $60,000
Rea Charitable Trust awards 60k grant to STC Music DepartmentThe Birthplace of Country Music – grant award (2022)
2022 Grant Awards - The Birthplace of Country MusicSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Rea Charitable Trust on Grantable?
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