The Reuter Family Foundation
THE REUTER FAMILY FOUNDATION is a family foundation founded in 2011 as a provider of human services to the poor, needy and disadvantaged and to assist other organizations that provide human services to this population. The parent foundation was originally incorporated in Ohio as THE REUTER FOUNDATION.
The Reuter Family Foundation is a nonprofit charitable corporation qualified under the Internal Revenue Service guidelines for 501 (C) (3) charitable organizations. Donations to it are tax deductible.
Since its inception, the Foundation has concentrated its grant awards on emergency assistance to the poor and needy, services and rehabilitation for individuals with chemical dependencies, abused women and low-cost housing.
Grants from the Foundation are normally between $2,000 and $25,000 and are made only to nonprofit tax-exempt organizations, or to government agencies. Currently the Foundation assets are about $1.5 million, and it gives out about $75,000 to needy causes each year.
Trustees consist of both family members and outside volunteers.