The Dan & Mila Reaser Family Foundation
The Dan & Mila Reaser Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in North Ridgeville, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $397K in total assets. In 2025, it awarded 5 grants totaling $297K.
Key facts about The Dan & Mila Reaser Family Foundation
In short: The Dan & Mila Reaser Family Foundation gave $297K across 5 grants in 2025 (avg $59K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- EIN
- 81-2593362
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $297,430
- Grants made (2025)
- 5
- Average grant
- $59,486
- Median grant
- $50,000
- Total assets
- $397,117
- Primary geography
- Ohio (95% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$397K
-36.2% YoY
Annual Giving
$297K
+140.3% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$59K
-51.9% YoY
Under IRS private-foundation payout rules, The Dan & Mila Reaser Family Foundation reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.
How The Dan & Mila Reaser Family Foundation gives
- Giving grew 203% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with The Dan & Mila Reaser Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Elyria Cathoic High School Elyria, OH | Education | $130,000 |
| Lorain County Community College Elyria, OH | Education | $59,430 |
| Widow of Slain Lorain City Police O North Ridgeville, OH | Support for widow of slain police officer | $50,000 |
| Sy Judes School Elyria, OH | Education | $43,000 |
| American Cancer Society Hagerstown, MD | Cancer Research | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $397,117 | $622,706 | $716,980 |
| Revenue | $110,986 | $75,032 | $16,782 |
| Expenses | $336,575 | $169,306 | $118,534 |
| Qualifying Distributions | $314,005 | $143,106 | $88,898 |
| Net Investment Income | — | — | — |
| Distributable Amount | $30,464 | $42,322 | $40,349 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 23, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Dan & Mila Reaser Family Foundation is led by Daniel B. Reaser Sr., President on every filing since 2019; 2 of 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Daniel B. Reaser Sr.
President
On filings since 2019
3 hrs/week
No compensation reported
Daniel B Reaser Jr.
Vice President
On filings since 2019
5 hrs/week
$9K (2021) → $14K (2025)
Shannon Brown
Vice President
On filings since 2022
5 hrs/week
$14K (2022) → $14K (2025)
Mila Reaser
Vice President
On filings since 2019
1 hr/week
No compensation reported
Former officers (1)
- Former: Shannon Reaser (2019–2021) — Vice President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about The Dan & Mila Reaser Family Foundation
How much does The Dan & Mila Reaser Family Foundation give each year?
The Dan & Mila Reaser Family Foundation gave $297K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $124K across 1 grant.
What is The Dan & Mila Reaser Family Foundation's typical grant size?
The Dan & Mila Reaser Family Foundation's median grant in 2025 was $50,000, and its average grant was $59,486, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Dan & Mila Reaser Family Foundation give grants?
The Dan & Mila Reaser Family Foundation gives mostly in Ohio: 95% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Maryland (5%). The most frequent recipient cities were Elyria, OH (3 grants).
Does The Dan & Mila Reaser Family Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The Dan & Mila Reaser Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (3 grants).
Who are The Dan & Mila Reaser Family Foundation's largest grantees?
The Dan & Mila Reaser Family Foundation's largest 2025 grantees include Elyria Cathoic High School ($130,000), Lorain County Community College ($59,430) and Widow of Slain Lorain City Police O ($50,000), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is The Dan & Mila Reaser Family Foundation?
The Dan & Mila Reaser Family Foundation reported $397K in total assets on its 2025 IRS Form 990-PF. It paid out $314K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets).
What is The Dan & Mila Reaser Family Foundation?
The Dan & Mila Reaser Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in North Ridgeville, OH. It holds $397K in total assets as of 2025.
What is The Dan & Mila Reaser Family Foundation's EIN?
The Dan & Mila Reaser Family Foundation's EIN (Employer Identification Number) is 81-2593362. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Dan & Mila Reaser Family Foundation by hand.
Explore Open Grants
Browse active grant opportunities in The Dan & Mila Reaser Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Tulsa Community Foundation
Tulsa, OK
Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
The Teagle Foundation
New York, NY
The Teagle Foundation funds liberal arts education, including undergraduate teaching and learning, humanities, transfer pathways, and civic education, at higher education institutions and related organizations nationwide. Its 2025 grants ranged from $100 to $1 million, with a median award of $32,500; it does not accept unsolicited requests and considers concept papers submitted in response to current requests for proposals.
Assets
$169.9M
Grants
138
Total Given
$8.6M
Ima Foundation
Wichita, KS
IMA Foundation supports charitable programs addressing community needs, including hygiene, housing and basic needs, behavioral health, child advocacy, and career readiness. Its 2025 grants ranged from $10 to $27,500, with a median of $430, and went to organizations in several states, especially Kansas, Colorado, and California. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$11.4M
Grants
602
Total Given
$831K
Ernest H Hui Family Foundation
Kaneohe, HI
Assets
$1.4M
Grants
25
Total Given
$55K
Davis Love III Foundation
St Simons Island, GA
The Davis Love III Foundation supports children and families through community and national programs, including education and community assistance, with most funding going to Georgia. In 2024, it made 61 grants, typically around $4,145 (median), with awards ranging from $55 to $110,583. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$7.0M
Grants
32
Total Given
$810K
Bunker Hill Charities
Crystal Lake, IL
Bunker hill charities' mission is to affect societal change and improve the quality of living for northwestern illinois communities and neighboring areas.
Assets
—
Grants
11
Total Given
$281K
Edith R & Alvin Domroe Foundation Tr
Stuart, FL
Assets
$4.7M
Grants
6
Total Given
$269K
Yot Full Circle Foundation
Tulsa, OK
The Tulsa-based YOT Full Circle Foundation supports Christian education and ministry, scholarships, human services, disaster relief, and conservation, with much of its giving going to organizations in Ohio and Oklahoma. In 2025, grants ranged from $2,000 to $500,000, with a median of $10,000. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$29.5M
Grants
69
Total Given
$1.5M
Piedmont Triad Charitable Foundation
Greensboro, NC
The foundation supports golf and sports, education, arts and culture, food assistance, and regional development, with most funding going to North Carolina, particularly the Piedmont Triad. Its 2025 grants ranged from $500 to $280,000, with a median of $10,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$6.0M
Grants
36
Total Given
$1.1M
Sangster Family Foundation
South Lyon, MI
Assets
$112K
Grants
16
Total Given
$21K
Champions for Education Inc
Charlotte, NC
Champions for Education funds charities working to improve education, though its 2025 grants also supported organizations addressing needs such as hunger, youth services, and workforce development. Its 2025 grants were made entirely in North Carolina and ranged from $14,000 to $400,000, with a median of $250,000; the 2024 filing is marked as its final return. No unsolicited-request process is specified.
Assets
$7.2M
Grants
19
Total Given
$3.4M
Charles Dicroce Family Foundation
Tequesta, FL
Assets
$679K
Grants
11
Total Given
$45K
More Funders in Ohio
The Dan & Mila Reaser Family Foundation down — hundreds of funders to go?