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Nonprofit · EIN 36-3487139

REICHERT FOUNDATION

Tax-exempt · LAKE FOREST, IL 60045

Financials

$255K$672K2023$1.4M$743K2024$471K$842K2025
Revenue Expenses · by fiscal year end
Financials of REICHERT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$471,464$841,722-$370,258$12,107,757$0$12,107,757
December 31, 2024990-PF$1,353,938$742,518$611,420$12,478,015$0$12,478,015
December 31, 2023990-PF$254,959$671,590-$416,631$11,866,598$0$11,866,598
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$292,809
Interest
$100,722
Net gain from sales of assets
$77,933

Expenses

Grants and similar amounts paid
$774,000
Compensation of officers, directors and key employees
$61,250
Salaries, compensation and benefits (total)
$0
Disbursements for charitable purposes
$835,430
Excise tax on investment income
$996

Balance sheet and other

Total assets, start of year
$12,478,015
Total assets, end of year
$12,107,757
Total liabilities, end of year
$0
Net assets, end of year
$12,107,757
Fair market value of assets
$16,099,667
Qualifying distributions
$835,430
Net investment income
$77,933

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Spencer Milanak
580 Douglas Dr, Lake Forest, IL 60045
Director0$52,500
Susan Milanak
1365 Sandy Lane, Vero BEach, FL 32963
Executive Director2$35,000
John Reichert
101 W Foxglove Lane, Eagle, CO 81631
Director0$5,250
Drew Brooks
W261 N2641 Deerhaven Dr, Pewaukee, WI 53072
Director0$5,250
Terri Reichert
101 W Foxglove Lane, Eagle, CO 81631
Director0$5,250
Jack Milanak
580 Douglas Dr, Lake Forest, IL 60045
Director0$5,250
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Susan Milanak
1365 Sandy Lane, Vero BEach, FL 32963
Executive Director2$30,000
John Reichert
101 W Foxglove Lane, Eagle, CO 81631
Director0$4,500
Drew Brooks
W261 N2641 Deerhaven Dr, Pewaukee, WI 53072
Director0$4,500
Terri Reichert
101 W Foxglove Lane, Eagle, CO 81631
Director0$4,500
Jack Milanak
580 Douglas Dr, Lake Forest, IL 60045
Director0$4,500
Spencer Milanak
580 Douglas Dr, Lake Forest, IL 60045
Director0$4,500
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Susan Milanak
1530 Stablewood Lane, Lake Forest, IL 60045
Executive Director2$30,000
John Reichert
101 W Foxglove Lane, Eagle, CO 81631
Director0$4,500
Drew Brooks
W261 N2641 Deerhaven Dr, Pewaukee, WI 53072
Director0$4,500
Terri Reichert
101 W Foxglove Lane, Eagle, CO 81631
Director0$4,500
Jack Milanak
12772 Robin Cherney Way, 102, Orlando, FL 32828
Director0$4,500

Address and contacts

Address (IRS master file)
825 S WAUKEGAN RD STE A8 PMB 311, LAKE FOREST, IL 60045-2665
In care of
% SUSAN MILANAK
Signed the 990-PF
Susan Milanak, Executive Director
Phone
(847) 675-9078

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
36-3487139
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1987
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$12,107,757
Income (IRS master file)
$2,586,609

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$471,464$841,722$12,107,757IRS
990-PFDecember 2024$1,353,938$742,518$12,478,015IRS
990-PFDecember 2023$254,959$671,590$11,866,598XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3487139).

Questions about REICHERT FOUNDATION

What is the EIN of REICHERT FOUNDATION?
The employer identification number (EIN) of REICHERT FOUNDATION is 36-3487139.
Is REICHERT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to REICHERT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does REICHERT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of REICHERT FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REICHERT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of REICHERT FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 6 people; 6 received compensation from the organization, the highest $52,500 (Spencer Milanak, Director).
How much revenue does REICHERT FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $471,464, expenses of $841,722 and total assets of $12,107,757 at year end.

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