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.
Key facts about Reitman Foundation
- EIN
- 23-7086130
- Latest 990 filing
- Form 990-PF, 2021
- Annual giving (2021)
- $3,433,385
- Grants made (2021)
- 11
- Average grant
- $312,126
- Median grant
- $20,000
- Primary geography
- Pennsylvania (94% of itemized 2021 grant dollars)
Data from IRS Form 990-PF, 2021; updated April 2026.
Who Reitman Foundation funds
By grant dollars, the top recipient states for Reitman Foundation's 11 itemized 2021 grants were Pennsylvania (94%) and New Jersey (6%). 73% of grants with a stated purpose were for general or operating support.
How Reitman Foundation gives
- 73% of 2021 grantees were also funded in 2020. Method
Estimate from itemized IRS Form 990-PF grant lists (2021). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2021 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2021
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 recipients include The Reitman Foundation - Donor Advised Fund ($3,212,885), Communities in Cooperation Inc ($63,500), Kessler Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE REITMAN FOUNDATION - DONOR ADVISED FUND JENKINTOWN, PA | UNRESTRICTED | $3,212,885 |
| COMMUNITIES IN COOPERATION INC LINDEN, NJ | TRANSITIONING FEMALE PRISONERS | $63,500 |
| KESSLER FOUNDATION EAST HANOVER, NJ | STUDY NEONATAL ABSTINENCE SYNDROME | $25,000 |
| MEND NJ MAPLEWOOD, NJ | UNRESTRICTED | $25,000 |
| SOUTH WARD CHILDREN'S ALLIANCE NEWARK, NJ | EDUCATION FOR TEENAGE MOTHERS' | $25,000 |
| NATIONAL COUNCIL OF JEWISH WOMEN LIVINGSTON, NJ | UNRESTRICTED | $20,000 |
| YEAR UP BOSTON, MA | UNRESTRICTED | $20,000 |
| BRIDGES OUTREACH SUMMIT, NJ | UNRESTRICTED | $20,000 |
| JEWISH VOCATIONAL SERVICES OF METROWEST EAST ORANGE, NJ | UNRESTRICTED | $10,000 |
| SCHOOLS THAT CAN NEW YORK, NY | UNRESTRICTED | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2021 IRS 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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.