Arnold & Reeds Family Foundation

Private foundation · Grantmaker Walker, MN EIN: 87-6922173

Arnold & Reeds Family Foundation is a private foundation, based in Walker, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $360K in total assets. In 2024, it awarded 9 grants totaling $20K. Net investment income was $15K.

Key facts about Arnold & Reeds Family Foundation

In short: Arnold & Reeds Family Foundation gave $20K across 9 grants in 2024 (avg $2K), mostly in South Dakota. Source: 2024 IRS Form 990-PF.

EIN
87-6922173
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$19,715
Grants made (2024)
9
Average grant
$2,191
Median grant
$500
Total assets
$359,647
Primary geography
South Dakota (76% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$360K

-0.9% YoY

Annual Giving

$20K

+7.6% YoY

Grant Count

9

-30.8% YoY

Avg Grant Size

$2K

+55.5% YoY

Under IRS private-foundation payout rules, Arnold & Reeds Family Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

How Arnold & Reeds Family Foundation gives

  • In 2024 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Your AI grants department

Ready to take the next step with Arnold & Reeds Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

WalkerBemidjiCass LakeDallasEast Gull LakeEdinaMaple GroveMemphisMoorheadNevisPark RapidsSioux FallsSt. PaulTucson

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2021 2 grants2022 13 grants2023 9 grants2024

From 2022 to 2024, annual grant giving ranged from $1K (2022) to $20K (2024). In 2024 it made 9 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Sanford Health Foundation: $15KSanford Health Foundation$15KSt Agnes Catholic Church: $1KSt Agnes Catholic Church$1KWalker Area Foundation: $1KWalker Area Foundation$1KWha Activities Department: $1KWha Activities Department$1KWha Draft Team: $500Wha Draft Team$500Wha Girls Basketball Booster: $500Wha Girls Basketball Booster$500Wha Wolves Football: $470Wha Wolves Football$470Walker Area Food Shelf: $250Walker Area Food Shelf$250Nevis Tigers PTA: $100Nevis Tigers PTA$100

The largest 2024 recipient was Sanford Health Foundation ($15K). Together the top 9 received $20K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sanford Health Foundation Sioux Falls, SDTo support the mission and vision of the charitable organization.$14,895
St Agnes Catholic Church Walker, MNTo support the mission and vision of the charitable organization.$1,000
Walker Area Foundation Walker, MNTo support the mission and vision of the charitable organization.$1,000
Wha Activities Department Walker, MNTo support the mission and vision of the charitable organization.$1,000
Wha Draft Team Walker, MNTo support the mission and vision of the charitable organization.$500
Wha Girls Basketball Booster Walker, MNTo support the mission and vision of the charitable organization.$500
Wha Wolves Football Walker, MNTo support the mission and vision of the charitable organization.$470
Walker Area Food Shelf Walker, MNTo support the mission and vision of the charitable organization.$250
Nevis Tigers PTA Nevis, MNTo support the mission and vision of the charitable organization.$100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2021 2022 2023 2024
Metric202420232022
Total Assets$359,647$362,801$371,869
Revenue$17,045$10,950—
Expenses$20,199$20,018$3,131
Qualifying Distributions$19,715$18,315$1,000
Net Investment Income$15,126$10,707—
Distributable Amount$19,043$18,005$1,526

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Arnold & Reeds Family Foundation is led by Andrew Arnold, Trustee on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Andrew Arnold

    Trustee

    On filings since 2021

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Arnold & Reeds Family Foundation

How much does Arnold & Reeds Family Foundation give each year?

Arnold & Reeds Family Foundation gave $20K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 13 grants.

What is Arnold & Reeds Family Foundation's typical grant size?

Arnold & Reeds Family Foundation's median grant in 2024 was $500, and its average grant was $2,191, across 9 grants on its 2024 IRS Form 990-PF.

Where does Arnold & Reeds Family Foundation give grants?

Arnold & Reeds Family Foundation gives mostly in South Dakota: 76% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Minnesota (24%). The most frequent recipient cities were Walker, MN (7 grants).

Does Arnold & Reeds Family Foundation give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on Arnold & Reeds Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Arnold & Reeds Family Foundation's largest grantees?

Arnold & Reeds Family Foundation's largest 2024 grantees include Sanford Health Foundation ($14,895), St Agnes Catholic Church ($1,000) and Walker Area Foundation ($1,000), according to its 2024 IRS Form 990-PF. Together they received 86% of its itemized 2024 grant dollars.

How large is Arnold & Reeds Family Foundation?

Arnold & Reeds Family Foundation reported $360K in total assets on its 2024 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $19K (roughly 5% of its investment assets).

What is Arnold & Reeds Family Foundation's EIN?

Arnold & Reeds Family Foundation's EIN (Employer Identification Number) is 87-6922173. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Arnold & Reeds Family Foundation by hand.

Explore Open Grants

Browse active grant opportunities in Arnold & Reeds Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Granite Foundation Agency (PLG)

Mendota Heights, MN

The foundation supports organizations working in areas including education, human services, health, arts and culture, and community activities. Its 2025 grants ranged from $50 to $60,000, with a median award of $2,410; most funding went to Minnesota, with grants also reported in several other states. The filing says giving is not restricted to preselected organizations, but does not state whether unsolicited requests are accepted.

Assets

$18.8M

Grants

117

Total Given

$887K

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Executive Construction Foundation

Hillside, IL

The foundation supports nonprofits working in areas such as substance-use treatment, disability services, food access, education, housing, and cancer-related family assistance, primarily in Illinois. Its 2024 grants ranged from $235 to $25,000, with a median of $2,796. It does not accept unsolicited requests and gives only to preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.7M

Grants

78

Total Given

$397K

The Franks Family Foundation

Salt Lake City, UT

The foundation’s 2024 grants went to organizations working in areas including animal welfare, community services, health, education, and conservation; no specific foundation mission is stated. Grants ranged from $100 to $91,000, with a median of $5,000, and 75% of grant dollars went to Utah recipients. It accepts written requests by contacting Lauri Franks; the filing gives a December 15 deadline for payment by December 31.

Philanthropy, Voluntarism & Grantmaking

Assets

$563K

Grants

34

Total Given

$290K

Michael and Karen Carsley Foundation

Washington Township, MI

Philanthropy, Voluntarism & Grantmaking

Assets

$468K

Grants

12

Total Given

$18K

Nihla & Bob Lapidus Foundation Inc

Ponte Vedra, FL

Education

Assets

$1.0M

Grants

9

Total Given

$85K

CBC Charitable Foundation

San Diego, CA

CBC Charitable Foundation supports nonprofits focused on youth, education, economic development, and social services in specified California Bank of Commerce service areas, including parts of Northern and Southern California. Its 2023 grants ranged from $2,500 to $28,471, with an average of about $3,767; its website says it does not accept unsolicited requests and relies on employee nominations.

Philanthropy, Voluntarism & Grantmaking

Assets

$35K

Grants

40

Total Given

$151K

The Miller Family Foundation

South Orange, NJ

Assets

$14K

Grants

15

Total Given

$14K

Fox Rock Foundation

Quincy, MA

Fox Rock Foundation supports a varied group of charitable organizations, with no stated mission or formal funding priorities. Its 2025 grants ranged from $200 to $25,000, with a median of $2,000; most funding went to Massachusetts, with smaller amounts awarded in Illinois, Florida, New York, and Colorado. It gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$124K

Grants

18

Total Given

$81K

The Anna & BW Cosentino Charitable Foundation Inc

Foxboro, MA

The foundation’s 2024 grants supported health and medical research, children and families, disability services, veterans, and community and religious activities, primarily in Massachusetts. It made 19 grants totaling $593,716, ranging from $1,000 to $401,000, with a median of $10,000. It funded only preselected organizations and did not accept unsolicited requests; its 2024 filing was a final return, and it reported distributing all assets by dissolution.

Philanthropy, Voluntarism & Grantmaking

Assets

—

Grants

19

Total Given

$594K

Impact Group Charitable Foundation

St. Louis, MO

The foundation supports a varied range of charitable organizations, including education, health, veterans, food assistance, and services for children and families; most 2024 grant dollars went to Missouri recipients. Its 2024 grants ranged from $100 to $60,000, with a median of $10,000, and it does not accept unsolicited requests, giving only to preselected organizations.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.6M

Grants

31

Total Given

$539K

The Minneapolis Foundation

Minneapolis, MN

The Minneapolis Foundation funds civic, social, and economic needs, including economic mobility, education, health, the environment, arts, and human services, with most grant dollars going to Minnesota. Its 2025 grants had a median of $25,000, though amounts varied widely. It says no funding opportunities are currently open; whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.2B

Grants

1,565

Total Given

$121.7M

More Funders in Minnesota

Arnold & Reeds Family Foundation down — hundreds of funders to go?

Want AI to do this for you?