John Reed Charitable Residuary Tr

LEXINGTON, KY EIN: 31-6626699

John Reed Charitable Residuary Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 6 grants totaling $125K. Net investment income was $107K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-1.2% YoY

Annual Giving

$125K

-6.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$21K

-6.4% YoY

Under IRS private-foundation payout rules, John Reed Charitable Residuary Tr reported a distributable amount of $141K for 2024 — the minimum it must pay out in qualifying distributions.

About John Reed Charitable Residuary Tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $533K (80%)

Florida $133K (20%)

States

Florida Kentucky

Cities

LexingtonOrlando

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,179,255	$2,206,314	$2,142,765
Revenue	$133,138	$225,752	$188,010
Expenses	$156,604	$163,083	$178,199
Qualifying Distributions	$127,469	$135,903	$151,534
Net Investment Income	$107,367	$201,722	$163,334
Distributable Amount	$140,577	$127,320	$135,891

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

30 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bluegrass Council of Boy Scouts ($24,953), Central Christian Church ($24,953), Shriners Hospital for Children ($24,953).

Recipient	Purpose	Amount
BLUEGRASS COUNCIL OF BOY SCOUTS LEXINGTON, KY	GENERAL	$24,953
CENTRAL CHRISTIAN CHURCH LEXINGTON, KY	GENERAL	$24,953
HOSPICE OF THE BLUEGRASS ATTN SUSAN M WARE LEXINGTON, KY	GENERAL	$12,477
LEXINGTON HUMANE SOCIETY LEXINGTON, KY	GENERAL	$12,477
SHRINERS HOSPITAL FOR CHILDREN ORLANDO, FL	GENERAL	$24,953
TRANSYLVANIA UNIVERSITY LEXINGTON, KY	GENERAL	$24,953

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CENTRAL BANK TRUST	TRUSTEE	2	$4,911

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is John Reed Charitable Residuary Tr?

John Reed Charitable Residuary Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LEXINGTON, KY. It holds $2.2M in total assets as of 2024.

How large is John Reed Charitable Residuary Tr?

As of 2024, John Reed Charitable Residuary Tr holds $2.2M in total assets with $133K in annual revenue. It awarded 6 grants totaling $125K in 2024.

Where does John Reed Charitable Residuary Tr operate?

John Reed Charitable Residuary Tr has awarded grants in Florida, Kentucky.

What size grants does John Reed Charitable Residuary Tr award?

In 2024, John Reed Charitable Residuary Tr awarded 6 grants totaling $125K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is John Reed Charitable Residuary Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John Reed Charitable Residuary Tr reported a distributable amount of $141K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John Reed Charitable Residuary Tr's EIN?

John Reed Charitable Residuary Tr's EIN (Employer Identification Number) is 31-6626699. IRS Form 990 filing data is available on this page for 2020–2024.