Arnold & Reeds Family Foundation
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.
Arnold & Reeds Family Foundation at a glance
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.
- Annual giving (2024)
- $19,715
- +7.6% vs 2023
- Grants made (2024)
- 9
- -30.8% vs 2023
- Average grant
- $2,191
- +55.5% vs 2023
- Median grant
- $500
- Total assets
- $359,647
- -0.9% vs 2023
- Primary geography
- South Dakota (76% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Arnold & Reeds Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Sanford Health Foundation ($15K). Together the top 9 received $20K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 24 grants of 24 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1K (2022) to $20K (2024). In 2024 it made 9 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sanford Health Foundation Sioux Falls, SD | To support the mission and vision of the charitable organization. | $14,895 |
| St Agnes Catholic Church Walker, MN | To support the mission and vision of the charitable organization. | $1,000 |
| Walker Area Foundation Walker, MN | To support the mission and vision of the charitable organization. | $1,000 |
| Wha Activities Department Walker, MN | To support the mission and vision of the charitable organization. | $1,000 |
| Wha Draft Team Walker, MN | To support the mission and vision of the charitable organization. | $500 |
| Wha Girls Basketball Booster Walker, MN | To support the mission and vision of the charitable organization. | $500 |
| Wha Wolves Football Walker, MN | To support the mission and vision of the charitable organization. | $470 |
| Walker Area Food Shelf Walker, MN | To support the mission and vision of the charitable organization. | $250 |
| Nevis Tigers PTA Nevis, MN | To support the mission and vision of the charitable organization. | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $359,647 | $17,045 | $20,199 | $19,715 | 9 | $19,715 | $15,126 | $19,043 |
| 2023 | $362,801 | $10,950 | $20,018 | $18,315 | 13 | $18,315 | $10,707 | $18,005 |
| 2022 | $371,869 | — | $3,131 | $1,000 | 2 | $1,000 | — | $1,526 |
| 2021 | $375,000 | $375,000 | — | — | — | — | — | $304 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Arnold & Reeds Family Foundation funds
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