Russell Reineke Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARROLL, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.0M in total assets. In 2024, it awarded 48 grants totaling $261K. Net investment income was $2.7M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.0M
+58.4% YoY
Annual Giving
$261K
+182.0% YoY
Grant Count
48
+118.2% YoY
Avg Grant Size
$5K
+29.2% YoY
Under IRS private-foundation payout rules, Russell Reineke Foundation reported a distributable amount of $300K for 2024 — the minimum it must pay out in qualifying distributions.
About Russell Reineke Foundation
Based on IRS filings
Russell Reineke Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARROLL, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.0M in total assets. In 2024, it awarded 48 grants totaling $261K. Net investment income was $2.7M.
Focus Areas
Ready to take the next step with Russell Reineke Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,998,839 | $5,681,934 | $4,280,126 |
| Revenue | $5,442,479 | $378,944 | $81,277 |
| Expenses | $278,256 | $172,664 | $194,754 |
| Qualifying Distributions | $260,847 | $93,000 | $170,020 |
| Net Investment Income | $2,691,681 | $253,290 | $58,822 |
| Distributable Amount | $300,059 | $139,738 | $91,806 |
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
155 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Hope Foundation ($30,000), Catholic Medical Mission Board ($20,000), Mercy Ships ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ETERNAL WORLD TELEVISION NETWORK IN IRONDALE, AL | GENERAL CHARITY | $1,000 |
| UNBOUND KANSAS CITY, KS | GENERAL CHARITY | $6,600 |
| CATHOLIC MEDICAL MISSION BOARD NEW YORK, NY | GENERAL CHARITY | $20,000 |
| WHITEROCK CONSERVANCY COON RAPIDS, IA | GENERAL CHARITY | $500 |
| AND THEN THERE WAS NONE ROUND ROCK, TX | GENERAL CHARITY | $2,000 |
| IOWA NATURAL HERITAGE FOUNDATION DES MOINES, IA | GENERAL CHARITY | $2,000 |
| OPERATION RESCUE OVERLAND PARK, KS | GENERAL CHARITY | $2,000 |
| AMERICAN LIFE LEAGUE FALNOUTH, VA | GENERAL CHARITY | $500 |
| FOCUS ON THE FAMILY COLORADO SPRINGS, CO | GENERAL CHARITY | $500 |
| AMERICAN FAMILY ASSOCIATION TUPELO, MS | GENERAL CHARITY | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RUSSELL REINEKE | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Russell Reineke Foundation?
Russell Reineke Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CARROLL, IA. It holds $9.0M in total assets as of 2024.
How large is Russell Reineke Foundation?
As of 2024, Russell Reineke Foundation holds $9.0M in total assets with $5.4M in annual revenue. It awarded 48 grants totaling $261K in 2024.
Where does Russell Reineke Foundation operate?
Russell Reineke Foundation has awarded grants in Alabama, California, Colorado, District of Columbia, Florida, Iowa, Illinois, Indiana, Kansas, Massachusetts, Maryland, Michigan, Minnesota, Mississippi, Nebraska, New Jersey, New York, Ohio, South Carolina, Texas, Utah, Virginia.
What size grants does Russell Reineke Foundation award?
In 2024, Russell Reineke Foundation awarded 48 grants totaling $261K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Russell Reineke Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Russell Reineke Foundation reported a distributable amount of $300K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Russell Reineke Foundation's EIN?
Russell Reineke Foundation's EIN (Employer Identification Number) is 84-6672375. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Russell Reineke Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Main Street Fort Dodge Inc
FORT DODGE, IA
Assets
$315K
Grants
1
Total Given
$25K
John & Beverly Anderson Charitable Trust
VINTON, IA
Assets
—
Grants
18
Total Given
$22K
Daniel J & Ann L Krumm Charitable Trus
AMES, IA
Assets
—
Grants
21
Total Given
$228K
Barbara Jean Couturier Charitable T
DAVENPORT, IA
Assets
—
Grants
0
Total Given
—
Change Happens Foundation
URBANDALE, IA
Assets
$17.8M
Grants
12
Total Given
$255K
The Joseph Andres Family Foundation
OKOBOJI, IA
Assets
—
Grants
6
Total Given
$7K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Russell Reineke 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 Russell Reineke Foundation to a real strategy.