The funder's latest Form 990-PF says it gives only to organizations it has already chosen and does not accept unsolicited requests. An introduction is usually the only route.
Application policy: Funds preselected organizations only, as stated on the FY2024 return.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990-PF | $29,776,324 | $8,607,589 | $5,488,395 | $87,405,761 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 13% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| Ace ScholarshipsGreenwood Village, CO | Ace Scholarships | $1,000,000 | 2022 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael J Hipp | President & Secretary | 0.00 | $0 |
| Roberta M Reiman | Director | 0.00 | $0 |
| Scott J Reiman | Chairman and CEO | 2.00 | $0 |
| Brian F Fleischmann | Executive Vice President & |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| $87,405,761 |
| FY2023 | 990-PF | $7,397,144 | $11,520,958 | $5,879,498 | $76,017,648 | $73,267,648 |
| FY2022 | 990-PF | $12,271,444 | $11,278,883 | $6,202,007 | $79,891,462 | $77,391,462 |
| FY2021 | 990-PF | $14,165,953 | $8,242,202 | $4,812,936 | $76,458,592 | $73,458,592 |
| FY2020 | 990-PF | $12,529,672 | $16,613,904 | $8,414,086 | $64,480,239 | $63,480,239 |
| FY2019 | 990-PF | $2,785,249 | $9,003,491 | $5,069,357 | $72,058,884 | $67,564,471 |
| FY2018 | 990-PF | $3,517,780 | $11,447,278 | $7,787,408 | $72,283,586 | $70,314,173 |
| FY2017 | 990-PF | $14,027,853 | $19,349,113 | $13,302,630 | $79,713,084 | $78,243,671 |
| FY2016 | 990-PF | $4,226,462 | $19,381,855 | $14,436,069 | $84,534,344 | $83,564,931 |
| Ace Scholarships |
| $1,000,000 |
| 2023 |
| Childrens Hospital of Wisconsin FoundationMilwaukee, WI | General Operations | $1,000,000 | 2024 |
| Saint Paul Catholic CenterMadison, WI | Christ the Cornerstone Campaign New Student Center and Chapel | $1,000,000 | 2019 |
| Childrens Hospital of Wisconsin FoundationMilwaukee, WI | General Operations | $1,000,000 | 2023 |
| Childrens Hospital Of Wisconsin FoundationMIlwaukee, WI | General Operations | $1,000,000 | 2024 |
| Iowa State University FoundationAmes, IA | Stadium Expansion and Reiman Garden Upgrades | $1,000,000 | 2017 |
| Childrens Hospital of Wisconsin FoundationMilwaukee, WI | General Operations | $1,000,000 | 2024 |
| Ace ScholarshipsGreenwood Village, CO | Ace Scholarships | $1,000,000 | 2024 |
| Saint Paul Catholic CenterMadison, WI | General Operation | $1,000,000 | 2016 |
| Childrens Hospital Of Wisconsin FoundationMilwaukee, WI | General Operations | $1,000,000 | 2023 |
| Discovery World at Pier WisconsinMilwaukee, WI | General Operations | $1,000,000 | 2017 |
| Children's Hospital of WI FoundationMilwaukee, WI | Neonatal ICU Expansion | $1,000,000 | 2017 |
| Wil-Mar Neighborhood CenterMadison, WI | General Operations | $500,000 | 2020 |
| Wil-Mar Neighborhood CenterMadison, WI | General Operations | $500,000 | 2017 |
| Red Caboose Child Care Center IncMadison, WI | General Operations | $500,000 | 2020 |
| Red Caboose Day Care CenterMadison, WI | General Operations | $400,000 | 2016 |
| ACE ScholarshipsDenver, CO | ACE Scholarships | $300,000 | 2019 |
| Iowa State University-The Farm House FoundationKansas City, MO | General Operations | $300,000 | 2016 |
| City of AuburnAuburn, IA | General Operations | $300,000 | 2019 |
| Discovery World at Pier WisconsinMilwaukee, WI | General Operations | $300,000 | 2020 |
| City of AuburnAuburn, IA | General Operations | $300,000 | 2023 |
| Iowa State University FoundationAmes, IA | General Operations | $289,197 | 2024 |
| Iowa State University FoundationAmes, IA | Sycamore Falls | $257,273 | 2020 |
| The Community Foundation of Greater AtlantaAtlanta, GA | General Operations | $250,000 | 2016 |
| 0.00 |
| $0 |
| Julia M Ellis | Director | 0.00 | $0 |
| Conway J Schatz | Executive Vice President & | 0.00 | $0 |
| Ronald A Bader | Executive Vice President a | 0.00 | $0 |
| Troy G Hildebrandt | Director of Tax and Techno | 0.00 | $0 |
| Roy J Reiman | Director | 0.00 | $0 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.