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Filing year 2024

THE GILBERT REESE FAMILY FOUNDATION

Newark, Ohio·EIN 31-1421173·NTEE T21Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.2M
Total assets
$36.1M
Total expenses
$3.8M
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. THE GILBERT REESE FAMILY FOUNDATION reported 6 unpaid officers and board members on its 990-PF.

Secretary
President
Chair
Treasurer
Trustee
Exec Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.6M

Itemized grants

13

Median grant

$50k

RecipientLocationPurposeAmount
NEWARK CAMPUS DEVELOPMENT FUNDNEWARK, OHAGENT FOR OHIO STATE UNIVERSITY - LOUELLA HODGES REESE HALL BUILDING FUND$2.2M
NEWARK DEVELOPMENT PARTNERSNEWARK, OHRENOVATION OF HISTORIC ARCADE$641k
LICKING COUNTY FOUNDATIONNEWARK, OHNEWARK HIGH SCHOOL BAND PRACTICE FIELD IMPROVEMENTS$250k
CENTRAL OHIO TECHNICAL COLLEGENEWARK, OHITALIAN IMMERSION PROGRAM AND INDEPENDENCE DAY EVENT 2024$116k
THE HILL SCHOOLPOTTSTOWN, PATENNIS CENTER RENOVATIONS$100k
AMERICAN RED CROSSNEWARK, OHNEWARK BLOOD CENTER BUILDING$100k
LICKING COUNTY FOUNDATIONNEWARK, OHMIDLAND THEATRE FUND$50k
PARROCHIA DI SAN JACOPOITDONATION$25k
LICKING COUNTY TRANSITNEWARK, OHPILOT PROJECT FOR EXPANDING TRANSIT IN LICKING COUNTY$25k
OHIO STATE UNIVERSITYNEWARK, OHWILLIAM MCDONALD SCHOLARSHIP FUND AT OHIO STATE NEWARK$25k
NEWARK DEVELOPMENT PARTNERSNEWARK, OHOHM PLANNING STUDY$18k
ESCUOLA DI MUSICALE DI CASCIAITSCHOLARSHIPS$10k
CITY OF NEWARKNEWARK, OHDECORATING COMMUNITY MARKET DISTRICT$720
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE GILBERT REESE FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.8M
$4M
2023
$5.2M
$3.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Ohio

THE GILBERT REESE FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Ohio earns a median of $11,462.

25th percentile
$4k
Median
$11,462
75th percentile
$39k
90th percentile
$106k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,972 organizations across 1,972 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Ohio
FAQ

Common questions about THE GILBERT REESE FAMILY FOUNDATION

What are THE GILBERT REESE FAMILY FOUNDATION's revenue and expenses?

In 2024, THE GILBERT REESE FAMILY FOUNDATION reported $5.2M in total revenue and $3.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.