Spense Reese Foundation
Spense Reese Foundation is a private foundation, based in DALLAS, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3K in total assets. In 2025, it awarded 6 grants totaling $36K. Net investment income was $14K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3K
-92.5% YoY
Annual Giving
$36K
Grant Count
6
Avg Grant Size
$6K
Under IRS private-foundation payout rules, Spense Reese Foundation reported a distributable amount of $864 for 2025 — the minimum it must pay out in qualifying distributions.
About Spense Reese Foundation
Based on IRS filings
Spense Reese Foundation is a private foundation, based in DALLAS, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3K in total assets. In 2025, it awarded 6 grants totaling $36K. Net investment income was $14K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,282 | $43,744 | $43,007 |
| Revenue | $14,460 | $2,013 | $-1,644 |
| Expenses | $54,359 | $1,747 | $36,342 |
| Qualifying Distributions | $53,529 | $668 | $32,937 |
| Net Investment Income | $13,632 | $564 | — |
| Distributable Amount | $864 | $2,497 | $9,304 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Massachusetts Institute of Technology ($6,000), San Diego State University ($6,000), La Sierra University ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Institute of Technology CAMBRIDGE, MA | UNRESTRICTED GENERAL | $6,000 |
| SAN DIEGO STATE UNIVERSITY SAN DIEGO, CA | UNRESTRICTED GENERAL | $6,000 |
| LA SIERRA UNIVERSITY RIVERSIDE, CA | UNRESTRICTED GENERAL | $6,000 |
| BENEDICTINE COLLEGE LISLE, IL | UNRESTRICTED GENERAL | $6,000 |
| UNIVERSITY OF CALIFORNIA OAKLAND, CA | UNRESTRICTED GENERAL | $6,000 |
| CALIFORNIA STATE UNIVERSITY LONG BEACH, CA | UNRESTRICTED GENERAL | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $522 |
Frequently Asked Questions
How large is Spense Reese Foundation?
As of 2025, Spense Reese Foundation holds $3K in total assets with $14K in annual revenue. It awarded 6 grants totaling $36K in 2025.
Where does Spense Reese Foundation operate?
Spense Reese Foundation has awarded grants in California, Illinois, Massachusetts.
What size grants does Spense Reese Foundation award?
In 2025, Spense Reese Foundation awarded 6 grants totaling $36K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Spense Reese Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Spense Reese Foundation reported a distributable amount of $864 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Spense Reese Foundation's EIN?
Spense Reese Foundation's EIN (Employer Identification Number) is 51-0203269. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Spense Reese 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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