The Ralph and Dorothy Reese Foundation

MILWAUKEE, WI EIN: 23-7931814

The Ralph and Dorothy Reese Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $43K in total assets. In 2024, it made $5K in qualifying distributions. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$43K

-5.5% YoY

Revenue

$3K

+86.6% YoY

Qualifying Distributions

$5K

+26.8% YoY

Expenses

$6K

+23.8% YoY

Under IRS private-foundation payout rules, The Ralph and Dorothy Reese Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ralph and Dorothy Reese Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $24K (93%)

Maine $1K (4%)

Wisconsin $500 (2%)

Massachusetts $200 (1%)

Maryland $100 (0%)

Georgia $50 (0%)

States

Georgia Massachusetts Maryland Maine Pennsylvania Wisconsin

Cities

AllentownAmericusGrantvilleHagerstownHarrisburgHersheyKemptonMachiasportMilwaukeeNewton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$43,323	$45,855	$45,201
Revenue	$3,114	$1,669	$2,788
Expenses	$5,593	$4,519	$13,590
Qualifying Distributions	$4,739	$3,738	$12,500
Net Investment Income	$2,249	$872	$1,796
Distributable Amount	$2,423	$2,239	$2,514

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CAPITAL FIRST TRUST COMPANY	TRUSTEE	1	$3,500

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Ralph and Dorothy Reese Foundation?

The Ralph and Dorothy Reese Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $43K in total assets as of 2024.

How large is The Ralph and Dorothy Reese Foundation?

As of 2024, The Ralph and Dorothy Reese Foundation holds $43K in total assets with $3K in annual revenue.

Where does The Ralph and Dorothy Reese Foundation operate?

The Ralph and Dorothy Reese Foundation has awarded grants in Georgia, Massachusetts, Maryland, Maine, Pennsylvania, Wisconsin.

How much is The Ralph and Dorothy Reese Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ralph and Dorothy Reese Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ralph and Dorothy Reese Foundation's EIN?

The Ralph and Dorothy Reese Foundation's EIN (Employer Identification Number) is 23-7931814. IRS Form 990 filing data is available on this page for 2020–2024.