John C Reed and Margaret Hanson Reed Fund

BROOKLYN, OH EIN: 26-1117506

John C Reed and Margaret Hanson Reed Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 3 grants totaling $72K. Net investment income was $78K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

-0.1% YoY

Annual Giving

$72K

-51.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$24K

-51.7% YoY

Under IRS private-foundation payout rules, John C Reed and Margaret Hanson Reed Fund reported a distributable amount of $155K for 2024 — the minimum it must pay out in qualifying distributions.

About John C Reed and Margaret Hanson Reed Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $690K (100%)

States

Ohio

Cities

Tiffin

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,478,020	$2,481,680	$2,552,811
Revenue	$104,586	$110,489	$189,086
Expenses	$107,964	$181,518	$216,795
Qualifying Distributions	$81,396	$157,740	$180,018
Net Investment Income	$78,108	$84,061	$163,641
Distributable Amount	$154,910	$140,431	$144,329

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Presbyterian Church of Tiffin ($35,939), Tiffin University ($17,969), Heidelberg College ($17,969).

Recipient	Purpose	Amount
TIFFIN UNIVERSITY TIFFIN, OH	GENERAL OPERATING	$17,969
HEIDELBERG COLLEGE TIFFIN, OH	GENERAL OPERATING	$17,969
FIRST PRESBYTERIAN CHURCH OF TIFFIN TIFFIN, OH	GENERAL OPERATING	$35,939

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEYBANK N A	TRUSTEE	1	$33,076

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is John C Reed and Margaret Hanson Reed Fund?

John C Reed and Margaret Hanson Reed Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, OH. It holds $2.5M in total assets as of 2024.

How large is John C Reed and Margaret Hanson Reed Fund?

As of 2024, John C Reed and Margaret Hanson Reed Fund holds $2.5M in total assets with $105K in annual revenue. It awarded 3 grants totaling $72K in 2024.

Where does John C Reed and Margaret Hanson Reed Fund operate?

John C Reed and Margaret Hanson Reed Fund has awarded grants in Ohio.

What size grants does John C Reed and Margaret Hanson Reed Fund award?

In 2024, John C Reed and Margaret Hanson Reed Fund awarded 3 grants totaling $72K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is John C Reed and Margaret Hanson Reed Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John C Reed and Margaret Hanson Reed Fund reported a distributable amount of $155K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John C Reed and Margaret Hanson Reed Fund's EIN?

John C Reed and Margaret Hanson Reed Fund's EIN (Employer Identification Number) is 26-1117506. IRS Form 990 filing data is available on this page for 2020–2024.