The Reichel Foundation Inc

PALM BEACH GARDENS, FL EIN: 16-1633634

The Reichel Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 3 grants totaling $3K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6K

+65.6% YoY

Annual Giving

$3K

-69.4% YoY

Grant Count

-40.0% YoY

Avg Grant Size

$866.667

-49.0% YoY

Under IRS private-foundation payout rules, The Reichel Foundation Inc reported a distributable amount of $147 for 2024 — the minimum it must pay out in qualifying distributions.

About The Reichel Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $65K (74%)

Colorado $17K (20%)

New York $3K (3%)

Maryland $1K (1%)

Idaho $500 (1%)

Massachusetts $500 (1%)

Texas $150 (0%)

States

Colorado Florida Idaho Massachusetts Maryland New York Texas

Cities

AnnapolisBethesdaBoca RatonBostonBoys RanchBrooklynDaytonDaytona BeachDenverJupiterKimberlyLake WorthMiamiNaplesNew YorkPalm Beach GardensWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,591	$3,377	$3,155
Revenue	$5,000	$9,500	$20,000
Expenses	$2,786	$9,278	$27,211
Qualifying Distributions	$2,786	$9,278	$27,211
Net Investment Income	—	—	—
Distributable Amount	$147	$286	$179

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

40 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include I am Adaptive ($1,500), Timber Trace PTA ($800), Sloan Kettering Cancer Center ($300).

Recipient	Purpose	Amount
I am Adaptive Miami, FL	For use by the donee for their exempt purposes.	$1,500
Timber Trace PTA Palm Beach Gardens, FL	For use by donee for their exempt purposes	$800
Sloan Kettering Cancer Center New York, NY	For use by donee for their exempt purposes	$300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
William B Reichel	Trustee	0.25	—
Arthur J Canter	Trustee	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Reichel Foundation Inc?

The Reichel Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. It holds $6K in total assets as of 2024.

How large is The Reichel Foundation Inc?

As of 2024, The Reichel Foundation Inc holds $6K in total assets with $5K in annual revenue. It awarded 3 grants totaling $3K in 2024.

Where does The Reichel Foundation Inc operate?

The Reichel Foundation Inc has awarded grants in Colorado, Florida, Idaho, Massachusetts, Maryland, New York, Texas.

What size grants does The Reichel Foundation Inc award?

In 2024, The Reichel Foundation Inc awarded 3 grants totaling $3K — an average of about $866.667 per grant, based on its IRS Form 990 filings.

How much is The Reichel Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Reichel Foundation Inc reported a distributable amount of $147 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.