Reynolds Family Foundation

Reynolds Family Foundation

The Reynolds Family Foundation is a 501(c)(3) formed by volunteers connected to the Reynolds family, whose commercial roots trace to Reynolds Landscaping, the Garden Shop, and the Garden Center based in Manahawkin, New Jersey. Mark Reynolds, founder of the landscaping business, and his wife Peg, the foundation's president, anchor a board that also includes family member Luke Reynolds and business partners Katie Hood and Ashley Cooper. The foundation's capital flows from the family's retail and landscaping operations, not an external fundraise or civic endowment. The foundation targets local health and welfare needs, emergency assistance, homelessness interventions, and scholarships within Southern Ocean County. It operates less as a professionalized institutional grantmaker and more as a community-directed vehicle—partnering with other local organizations rather than running standalone programs. Commercial properties owned by the family include the Reynolds Landscaping headquarters and the Reynolds Garden Shop & Floral Market, both on East Bay Avenue in Manahawkin. The foundation does not publish an AUM figure or total grant and scholarship deployment numbers. Its assets are derived from the operating businesses, which remain active members of the Southern Ocean County Chamber of Commerce. There is no separate investment committee or disclosed allocation to external fund commitments, direct co-investments, or pooled vehicles. The board composition blends family members with operational business partners—an architecture common among small-enterprise foundations but one that concentrates governance within a tight, known circle. Unlike larger endowed foundations that separate investment management from program staff, the Reynolds Family Foundation runs without a visible investment team, suggesting all assets remain closely held within the operating companies or held in simple treasury instruments.