The Reilly Family Foundation is a private foundation established in 2001 and based in Aledo, Texas. The foundation operates as a non-operating private foundation with a focus on supporting nonprofit organizations through grants and scholarships.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$905K
-10.3% YoY
Annual Giving
$227K
-33.9% YoY
Grant Count
31
+3.3% YoY
Avg Grant Size
$7K
-36.0% YoY
Under IRS private-foundation payout rules, Reilly Family Foundation reported a distributable amount of $136K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary mission is giving for education, with particular emphasis on scholarships to high school graduates pursuing higher education. Beyond education, the foundation supports organizations in the following areas:
- Social services
- Children and youth
- Philanthropy, voluntarism, and grantmaking
- Human services
The foundation primarily serves the Dallas-Fort Worth metropolitan area and surrounding regions in Texas, with some grants extending to North Carolina and New Jersey.
Grantmaking
The foundation made 19 grants totaling $226,200 in 2024. Notable recent grants include:
Grant Range
$2,500
Average Grant
$11,000
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Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit organizations in the Dallas-Fort Worth, Texas metropolitan area. Grant activity also extends to North Carolina and New Jersey.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total assets: $904,694
- Total revenues: $130,516
- Total expenses: $234,444
- Total grants and contributions: $35,000
Revenue Composition (2024):
- Grants and contributions: $35,000
- Miscellaneous revenues: $95,516
- Investment income and dividends: $0
Historical Context: The foundation's revenue declined significantly in 2024, with grants and contributions dropping 87.1% compared to 2023 ($270,463 in 2023 vs. $35,000 in 2024).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $904,694 | $1,008,622 | $1,012,412 |
| Revenue | $130,516 | $347,497 | $126,431 |
| Expenses | $234,444 | $350,154 | $342,948 |
| Qualifying Distributions | $232,760 | $347,463 | $341,188 |
| Net Investment Income | $93,832 | $74,343 | $29,671 |
| Distributable Amount | $136,080 | $139,506 | $146,406 |
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
154 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Texas Christian University ($80,000), Teammates for Kids Foundation ($50,000), Fort Worth Country Day School ($31,300).
| Recipient | Purpose | Amount |
|---|---|---|
| ATHLETIC PERFORMACE RANCH FORT WORTH, TX | GENERAL OPERATIONS | $15,000 |
| BLAIR ACADEMY BLAIRSTOWN, NJ | SCHOLARSHIPS | $7,500 |
| CATCH UP & READ DALLAS, TX | GENERAL OPERATIONS | $1,000 |
| CENTER FOR BRAIN HEALTH DALLAS, TX | GENERAL OPERATIONS | $2,500 |
| DUKE UNIVERSITY DURHAM, NC | SCHOLARSHIPS | $1,000 |
| FORT WORTH COUNTRY DAY SCHOOL FORT WORTH, TX | SCHOLARSHIPS | $31,300 |
| SLAUGHTER FAMILY ARTS AWARDS FORT WORTH, TX | GENERAL OPERATIONS | $1,200 |
| TARRANT AREA FOOD BANK FORT WORTH, TX | GENERAL OPERATIONS | $1,000 |
| TEAMMATES FOR KIDS FOUNDATION DENVER, CO | GENERAL OPERATIONS | $50,000 |
| TEXAS & SOUTHWESTERN CATTLE RAISERS FOUNDATION FORT WORTH, TX | GENERAL OPERATIONS | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Michael A. Reilly — Chairman & Director
- Beverly A. Reilly — Vice President & Director
- Atlee Reilly — Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL A REILLY | CHAIRMAN & DIRECTOR | 1 | — |
| BEVERLY A REILLY | VP DIRECTOR | 1 | — |
| ATLEE REILLY | DIRECTOR | 0.1 | — |
| ASHER REILLY | DIRECTOR | 0.1 | — |
| DEREK PEACHEY | DIRECTOR | 0.1 | — |
| ANSON REILLY | DIRECTOR | 0.1 | — |
| AUSTIN REILLY | DIRECTOR | 0.1 | — |
| AXTON REILLY | DIRECTOR | 0.1 | — |
| RICHARD D TRUBITT | VP/ST & DIRECTOR | 0.1 | — |
Contact Information
- Address: 1017 S FM 5, Aledo, TX 76008-4558
- Telephone: 817-265-2364
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Reilly Family Foundation fund?
The foundation's primary mission is giving for education, with particular emphasis on scholarships to high school graduates pursuing higher education. Beyond education, the foundation supports organizations in the following areas: • Social services • Children and youth • Philanthropy, voluntarism, and grantmaking • Human services The foundation primarily serves the Dallas-Fort Worth metropolitan area and surrounding regions in Texas, with some grants extending to North Carolina and New Jersey.
How do I apply for a grant from Reilly Family Foundation?
**Grant Activity (2024)** The foundation made 19 grants totaling $226,200 in 2024. Notable recent grants include: • Teammates for Kids Foundation: $50,000 (General Operations) • Fort Worth Country Day (FWCD): $31,300 (Scholarships) • Blair Academy: $7,500 (Scholarships) **Grant Characteristics** • Typical award range: $200–$95,000 • Median grant size: $2,500 • Average grant size: $11,000 • Types of support provided: Program support and general operating support
Where does Reilly Family Foundation make grants?
The foundation primarily supports nonprofit organizations in the Dallas-Fort Worth, Texas metropolitan area. Grant activity also extends to North Carolina and New Jersey.
What size grants does Reilly Family Foundation award?
In 2024, Reilly Family Foundation awarded 31 grants totaling $227K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Reilly Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Reilly Family Foundation reported a distributable amount of $136K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Reilly Family Foundation's EIN?
Reilly Family Foundation's EIN (Employer Identification Number) is 75-2366809. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Reilly Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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