Reitman Foundation
Reitman Foundation is a private foundation, based in LEBANON, NJ. IRS filing data is available from 2020 through 2021. In 2021, it awarded 11 grants totaling $3.4M. Net investment income was $268K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$3.4M
+1812.7% YoY
Grant Count
11
+22.2% YoY
Avg Grant Size
$312K
+1465.0% YoY
Under IRS private-foundation payout rules, Reitman Foundation reported a distributable amount of $159K for 2021 — the minimum it must pay out in qualifying distributions.
About Reitman Foundation
Based on IRS filings
Reitman Foundation is a private foundation, based in LEBANON, NJ. IRS filing data is available from 2020 through 2021. In 2021, it awarded 11 grants totaling $3.4M. Net investment income was $268K.
Ready to take the next step with Reitman Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $3,175,517 |
| Revenue | $293,606 | $163,376 |
| Expenses | $3,469,123 | $211,217 |
| Qualifying Distributions | — | — |
| Net Investment Income | $268,296 | $138,527 |
| Distributable Amount | $159,236 | $170,937 |
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 2021
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include The Reitman Foundation - Donor Advised Fund ($3,212,885), Communities in Cooperation Inc ($63,500), Kessler Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| KESSLER FOUNDATION EAST HANOVER, NJ | STUDY NEONATAL ABSTINENCE SYNDROME | $25,000 |
| MEND NJ MAPLEWOOD, NJ | UNRESTRICTED | $25,000 |
| NATIONAL COUNCIL OF JEWISH WOMEN LIVINGSTON, NJ | UNRESTRICTED | $20,000 |
| YEAR UP BOSTON, MA | UNRESTRICTED | $20,000 |
| SOUTH WARD CHILDREN'S ALLIANCE NEWARK, NJ | EDUCATION FOR TEENAGE MOTHERS' | $25,000 |
| JEWISH VOCATIONAL SERVICES OF METROWEST EAST ORANGE, NJ | UNRESTRICTED | $10,000 |
| BRIDGES OUTREACH SUMMIT, NJ | UNRESTRICTED | $20,000 |
| SCHOOLS THAT CAN NEW YORK, NY | UNRESTRICTED | $10,000 |
| THE REITMAN FOUNDATION - DONOR ADVISED FUND JENKINTOWN, PA | UNRESTRICTED | $3,212,885 |
| COMMUNITIES IN COOPERATION INC LINDEN, NJ | TRANSITIONING FEMALE PRISONERS | $63,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET JACOBS | CO-PRESIDENT & TTEE | 5 | — |
| ELIZABETH LOWENSTEIN | CO-PRESIDENT & TTEE | 5 | — |
| KIM JACOBS | TRUSTEE | 0.5 | — |
| KRISTY MASLIN | TRUSTEE | 0.5 | — |
| DANA SIEGEL | TRUSTEE | 0.5 | — |
Frequently Asked Questions
Where does Reitman Foundation operate?
Reitman Foundation has awarded grants in Massachusetts, New Jersey, New York, Pennsylvania.
What size grants does Reitman Foundation award?
In 2021, Reitman Foundation awarded 11 grants totaling $3.4M — an average of about $312K per grant, based on its IRS Form 990 filings.
How much is Reitman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Reitman Foundation reported a distributable amount of $159K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Reitman Foundation's EIN?
Reitman Foundation's EIN (Employer Identification Number) is 23-7086130. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in Reitman Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
The William & Phyllis Mack Family
FORT LEE, NJ
Assets
$5.9M
Grants
53
Total Given
$3.2M
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Reitman Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Reitman Foundation to a real strategy.