The Dan and Mila Reaser Family Foun

NORTH RIDGEVILLE, OH EIN: 81-2593362

The Dan and Mila Reaser Family Foun is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH RIDGEVILLE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $623K in total assets. In 2024, it awarded 1 grants totaling $124K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$623K

-13.1% YoY

Annual Giving

$124K

+68.3% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$124K

+405.0% YoY

Under IRS private-foundation payout rules, The Dan and Mila Reaser Family Foun reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About The Dan and Mila Reaser Family Foun

Based on IRS filings

The Dan and Mila Reaser Family Foun is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH RIDGEVILLE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $623K in total assets. In 2024, it awarded 1 grants totaling $124K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

ElyriaGarfield HtsGlenvilleNew YorkOwassoPheonix

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$154K$307K$461K$615K20202021202220232024
Metric202420232022
Total Assets$622,706$716,980$817,829
Revenue$75,032$16,782$273,432
Expenses$169,306$118,534$136,792
Qualifying Distributions$143,106$88,898$112,115
Net Investment Income
Distributable Amount$42,322$40,349$32,302

Giving Over Time

Total grant dollars and number of grants per year

$0$131K$261K$392K$522K4 grants20205 grants20212 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

LCCC FOUNDATION$124K

Grant Size Distribution

15 grants across all recorded years

9<$50K4$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lccc Foundation ($123,749).

RecipientPurposeAmount
LCCC FOUNDATION Elyria, OHEDUCATION$123,749

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MILA REASERVICE PRESIDENT
DANIEL REASER SrPRESIDENT
DANIEL REASER JrVICE PRESIDENT
SHANNON BROWNVICE PRESIDENT

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Dan and Mila Reaser Family Foun?

The Dan and Mila Reaser Family Foun is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH RIDGEVILLE, OH. It holds $623K in total assets as of 2024.

How large is The Dan and Mila Reaser Family Foun?

As of 2024, The Dan and Mila Reaser Family Foun holds $623K in total assets with $75K in annual revenue. It awarded 1 grants totaling $124K in 2024.

Where does The Dan and Mila Reaser Family Foun operate?

The Dan and Mila Reaser Family Foun has awarded grants in Arizona, New York, Ohio, Oklahoma, West Virginia.

What size grants does The Dan and Mila Reaser Family Foun award?

In 2024, The Dan and Mila Reaser Family Foun awarded 1 grants totaling $124K — an average of about $124K per grant, based on its IRS Form 990 filings.

How much is The Dan and Mila Reaser Family Foun required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Dan and Mila Reaser Family Foun reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Dan and Mila Reaser Family Foun's EIN?

The Dan and Mila Reaser Family Foun's EIN (Employer Identification Number) is 81-2593362. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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