by Elizabeth K. Jeffers
The late William B. Reily III, a 10-year captain from the Rex organization and a former Rex king, founded Reily Foods and was one of the founders of the Greater New Orleans Foundation. The Reily Foundation’s board members have included Robert D. Reily and Stephen Usdin. Robert D. Reily has sat on other boards including Orleans Parish Education Network (OPEN), Teach for America – Greater New Orleans/Louisiana Delta and the Greater New Orleans Education Foundation. The Reily Foundation donated $17.1 million in 2012 alone as a “liquidating distribution” to the Greater New Orleans Foundation.