Phyllis L Reed Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18K in total assets. In 2024, it awarded 4 grants totaling $855K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18K
-98.0% YoY
Annual Giving
$855K
Grant Count
4
Avg Grant Size
$214K
Under IRS private-foundation payout rules, Phyllis L Reed Trust reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Phyllis L Reed Trust
Based on IRS filings
Phyllis L Reed Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18K in total assets. In 2024, it awarded 4 grants totaling $855K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,715 | $885,433 | $846,679 |
| Revenue | $8,491 | $40,640 | $10,829 |
| Expenses | $879,966 | $602 | $873,384 |
| Qualifying Distributions | $875,251 | — | $845,058 |
| Net Investment Income | $4,365 | $40,640 | $4,139 |
| Distributable Amount | $9,551 | $42,026 | $60,826 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Waldo County General Hospital ($342,000), White Plains Hospital Medical Ctr ($342,000), Bangor Theological Seminary ($85,500).
| Recipient | Purpose | Amount |
|---|---|---|
| WALDO COUNTY GENERAL HOSPITAL BELFAST, ME | GENERAL OPERATING | $342,000 |
| BANGOR THEOLOGICAL SEMINARY PORTLAND, ME | GENERAL OPERATING | $85,500 |
| WHITE PLAINS HOSPITAL MEDICAL CTR WHITE PLAINS, NY | GENERAL OPERATING | $342,000 |
| BUCKSPORT REGIONAL HEALTH BUCKSPORT, ME | GENERAL OPERATING | $85,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDMOND V'LEDONNE | CO-TRUSTEE | 1 | $6,877 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Phyllis L Reed Trust?
Phyllis L Reed Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PITTSBURGH, PA. It holds $18K in total assets as of 2024.
How large is Phyllis L Reed Trust?
As of 2024, Phyllis L Reed Trust holds $18K in total assets with $8K in annual revenue. It awarded 4 grants totaling $855K in 2024.
Where does Phyllis L Reed Trust operate?
Phyllis L Reed Trust has awarded grants in Maine, New York.
What size grants does Phyllis L Reed Trust award?
In 2024, Phyllis L Reed Trust awarded 4 grants totaling $855K — an average of about $214K per grant, based on its IRS Form 990 filings.
How much is Phyllis L Reed Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Phyllis L Reed Trust reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Phyllis L Reed Trust's EIN?
Phyllis L Reed Trust's EIN (Employer Identification Number) is 13-6893488. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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