Freda Reed Award Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MICHIGAN CITY, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $34K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $1K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$34K
-1.9% YoY
Annual Giving
$2K
-15.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2K
-15.3% YoY
Under IRS private-foundation payout rules, Freda Reed Award Trust reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Freda Reed Award Trust
Based on IRS filings
Freda Reed Award Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MICHIGAN CITY, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $34K in total assets. In 2024, it awarded 1 grants totaling $2K. Net investment income was $1K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $34,364 | $35,047 | $38,835 |
| Revenue | $2,983 | $340 | $-4,703 |
| Expenses | $3,592 | $4,168 | $5,770 |
| Qualifying Distributions | $1,835 | $2,166 | $2,644 |
| Net Investment Income | $1,224 | — | — |
| Distributable Amount | $1,874 | $1,885 | $2,116 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Indiana University Office of the Bursar- ($1,835).
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana University Office of the Bursar- Bloomington, IN | SCHOLARSHIP FOR LILY JOY | $1,835 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Freda Reed Award Trust?
Freda Reed Award Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MICHIGAN CITY, IN. It holds $34K in total assets as of 2024.
How large is Freda Reed Award Trust?
As of 2024, Freda Reed Award Trust holds $34K in total assets with $3K in annual revenue. It awarded 1 grants totaling $2K in 2024.
Where does Freda Reed Award Trust operate?
Freda Reed Award Trust has awarded grants in Indiana.
What size grants does Freda Reed Award Trust award?
In 2024, Freda Reed Award Trust awarded 1 grants totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Freda Reed Award Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Freda Reed Award Trust reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Freda Reed Award Trust's EIN?
Freda Reed Award Trust's EIN (Employer Identification Number) is 35-6681671. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Freda Reed Award Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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