Kurtis & Mary Reed Fnd

Private foundation · Grantmaker Wilmington, DE EIN: 13-3953195

Kurtis & Mary Reed Fnd is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $73K in total assets. In 2025, it awarded 5 grants totaling $3K. Net investment income was $3K.

Kurtis & Mary Reed Fnd at a glance

In short: Kurtis & Mary Reed Fnd gave $3K across 5 grants in 2025 (avg $534), top state Massachusetts. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,670
+22.2% vs 2024
Grants made (2025)
5
+0.0% vs 2024
Average grant
$534
+22.2% vs 2024
Median grant
$534
Total assets
$73,226
-0.3% vs 2024
Primary geography
Massachusetts (40% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Kurtis & Mary Reed Fnd funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Lupus Foundation of America: $534Lupus Foundation of America$534Wellesley College: $534Wellesley College$534Massachusetts General Hospital: $534Massachusetts General Hospital$534Lincoln Center for the Performing Arts: $534Lincoln Center for thePerforming Arts$534New York Philharmonic Orchestra: $534New York PhilharmonicOrchestra$534

The largest 2025 recipient was Lupus Foundation of America ($534). Together the top 5 received $3K.

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 25 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

New YorkBostonWashingtonWellesley

How Kurtis & Mary Reed Fnd gives

  • Giving fell 41% from 2022 to 2025. Method
  • In 2025 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$2K$4K$6K5 grants2020 5 grants2021 5 grants2022 5 grants2023 5 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $2K (2024) to $4K (2022). In 2025 it made 5 grants totaling $3K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Lupus Foundation of America Washington, DCGeneral Operating$534
Wellesley College Wellesley, MAGeneral Operating$534
Massachusetts General Hospital Boston, MAGeneral Operating$534
Lincoln Center for the Performing Arts New York, NYGeneral Operating$534
New York Philharmonic Orchestra New York, NYGeneral Operating$534
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$73,226$4,487$4,724$2,6705$3,421$2,858$4,198
2024$73,467$3,112$4,916$2,1855$3,425$2,350$3,911
2023$75,273$29,022$4,318$2,6655$3,638$28,187$3,161
2022$50,568$5,192$6,579$4,4905$5,475$4,466$3,647
2021$51,959$10,883$3,570$2,4355$2,689$10,041$4,745
2020$44,021$3,387$4,800$3,1605—$2,723$3,401

Under IRS private-foundation payout rules, Kurtis & Mary Reed Fnd reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Kurtis & Mary Reed Fnd's only listed officer is JTC Trust Company Delaware LTD, Trustee & As Req'd on the 2025 filing (compensated).

Officers on the 2025 filing

  • JTC Trust Company Delaware LTD

    Trustee & As Req'd

    New on the 2025 filing

    $1K (2025)

Former officers (1)
  • Former: Citibank N A (2020–2024) — Trustee & As Req'd

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

JTC Trust Company Delaware Ltd — Trustee, as Req'd: $1KJTC Trust Company…Trustee, as Req'd$1K

The highest reported compensation on the 2025 filing was $1K, to JTC Trust Company Delaware Ltd (Trustee, as Req'd).

Frequently asked questions about Kurtis & Mary Reed Fnd

How much does Kurtis & Mary Reed Fnd give each year?

Kurtis & Mary Reed Fnd gave $3K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 5 grants.

What is Kurtis & Mary Reed Fnd's typical grant size?

Kurtis & Mary Reed Fnd's median grant in 2025 was $534, and its average grant was $534, across 5 grants on its 2025 IRS Form 990-PF.

Where does Kurtis & Mary Reed Fnd give grants?

Kurtis & Mary Reed Fnd's top state is Massachusetts, with 40% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (40%) and District of Columbia (20%). The most frequent recipient cities were New York, NY (2 grants).

Does Kurtis & Mary Reed Fnd give general operating support?

Yes: 100% of Kurtis & Mary Reed Fnd's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Kurtis & Mary Reed Fnd's largest grantees?

Kurtis & Mary Reed Fnd's largest 2025 grantees include Lupus Foundation of America ($534), Wellesley College ($534) and Massachusetts General Hospital ($534), according to its 2025 IRS Form 990-PF. Together they received 60% of its itemized 2025 grant dollars.

How large is Kurtis & Mary Reed Fnd?

Kurtis & Mary Reed Fnd reported $73K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Kurtis & Mary Reed Fnd's EIN?

Kurtis & Mary Reed Fnd's EIN (Employer Identification Number) is 13-3953195. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 27, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Kurtis & Mary Reed Fnd's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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