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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
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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.