The Dan & Mila Reaser Family Foundation

Private foundation · Grantmaker North Ridgeville, OH EIN: 81-2593362

The Dan & Mila Reaser Family Foundation is a private foundation, 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.

The Dan & Mila Reaser Family Foundation at a glance

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.

Annual giving (2025)
$297,430
+140.3% vs 2024
Grants made (2025)
5
+400.0% vs 2024
Average grant
$59,486
-51.9% vs 2024
Median grant
$50,000
Total assets
$397,117
-36.2% vs 2024
Primary geography
Ohio (95% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Dan & Mila Reaser Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Elyria Cathoic High School: $130KElyria Cathoic High School$130KLorain County Community College: $59KLorain County CommunityCollege$59KWidow of Slain Lorain City Police O: $50KWidow of Slain Lorain CityPolice O$50KSy Judes School: $43KSy Judes School$43KAmerican Cancer Society: $15KAmerican Cancer Society$15K

The largest 2025 recipient was Elyria Cathoic High School ($130K). Together the top 5 received $297K.

Grant Size Distribution

16 grants across all recorded years

8<$50K5$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 16 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

ElyriaGarfield HTSAtlantaGlenvilleHagerstownLorainNew YorkNorth RidgevilleOwassoPheonix

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K5 grants2019 4 grants2020 5 grants2021 2 grants2022 3 grants2023 1 grant2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $62K (2019) to $522K (2021). In 2025 it made 5 grants totaling $297K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Elyria Cathoic High School Elyria, OHEducation$130,000
Lorain County Community College Elyria, OHEducation$59,430
Widow of Slain Lorain City Police O North Ridgeville, OHSupport for widow of slain police officer$50,000
Sy Judes School Elyria, OHEducation$43,000
American Cancer Society Hagerstown, MDCancer Research$15,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$397,117$110,986$336,575$297,4305$314,005—$30,464
2024$622,706$75,032$169,306$123,7491$143,106—$42,322
2023$716,980$16,782$118,534$73,5133$88,898—$40,349
2022$817,829$273,432$136,792$98,1352$112,115—$32,302
2021$681,190$106,516$558,795$522,3305$535,050$405$47,939
2020$1,133,556$275,072$95,350$68,7004—$5,424$56,472
2019$953,733$69,274$87,493$61,6755—$6,886$55,744

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.

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

Daniel B Reaser Jr — Vice President: $14KDaniel B Reaser JrVice President$14KShannon Brown — Vice President: $14KShannon BrownVice President$14K

The highest reported compensation on the 2025 filing was $14K, to Daniel B Reaser Jr (Vice President). 2 officers or directors reported compensation on that 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'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.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 23, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 15, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Dan & Mila Reaser Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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