Ream Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO GROVE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 1 grants totaling $3.1M. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.5M
-30.1% YoY
Annual Giving
$3.1M
-2.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3.1M
-2.3% YoY
Under IRS private-foundation payout rules, Ream Foundation reported a distributable amount of $581K for 2024 — the minimum it must pay out in qualifying distributions.
About Ream Foundation
Based on IRS filings
Ream Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO GROVE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 1 grants totaling $3.1M. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,509,209 | $9,312,504 | $12,604,898 |
| Revenue | $1,077,908 | $87,900 | $2,399,289 |
| Expenses | $4,025,093 | $3,462,990 | $2,351,205 |
| Qualifying Distributions | $4,011,226 | $3,404,759 | $2,277,152 |
| Net Investment Income | $1,171,149 | $480,939 | $1,271,410 |
| Distributable Amount | $580,560 | $744,756 | $852,028 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
1 open opportunity from Ream Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Schedule ($3,149,194).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SCHEDULE NA, IL | PROJECT SUPPORT | $3,149,194 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| S MILLER | DIRECTOR/VP/SECRETARY | 1 | — |
| D MILLER | DIRECTOR/PRESIDENT | 1 | — |
| E ACHEPOHL | DIRECTOR/TREASURER | 1 | — |
| T SIEGEL | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ream Foundation?
Ream Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BUFFALO GROVE, IL. It holds $6.5M in total assets as of 2024.
How large is Ream Foundation?
As of 2024, Ream Foundation holds $6.5M in total assets with $1.1M in annual revenue. It awarded 1 grants totaling $3.1M in 2024.
Where does Ream Foundation operate?
Ream Foundation has awarded grants in Illinois.
What size grants does Ream Foundation award?
In 2024, Ream Foundation awarded 1 grants totaling $3.1M — an average of about $3.1M per grant, based on its IRS Form 990 filings.
How much is Ream Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ream Foundation reported a distributable amount of $581K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ream Foundation's EIN?
Ream Foundation's EIN (Employer Identification Number) is 20-5905128. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ream 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.
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