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
Ready to take the next step with Phyllis L Reed Trust?
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.
Explore Open Grants
Browse active grant opportunities in Phyllis L Reed Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
H Herbert Myers Memorial Foundation
PARSIPPANY, NJ
Assets
$3.9M
Grants
61
Total Given
$317K
Robert & Linda Friedman Foundation
CHARLOTTESVILLE, VA
Assets
$529K
Grants
44
Total Given
$131K
The Hearst Foundation
NEW YORK, NY
Assets
$430.3M
Grants
111
Total Given
$17.0M
The Kim and David Wagman Foundation
PURCHASE, NY
Assets
$23.7M
Grants
21
Total Given
$675K
The Forest Family Foundation Inc
WHITE PLAINS, NY
Assets
$857K
Grants
23
Total Given
$38K
Charles a Mastronardi Foundation 061223-000
WILMINGTON, DE
Assets
$16.3M
Grants
1
Total Given
$968K
Forsyth Fbo Bangor Theological Sem Co Bank
DALLAS, TX
Assets
$380K
Grants
1
Total Given
$21K
New York Metropolitan Reference and
NEW YORK, NY
Assets
$5.8M
Grants
13
Total Given
$113K
Leo Rosner Foundation Inc
PALM BEACH, FL
Assets
$31.3M
Grants
47
Total Given
$1.1M
Stern Family Philanthropic Foundation
HARRISON, NY
Assets
$15.1M
Grants
48
Total Given
$1.7M
Amir and Rosita Manocherian
NEW YORK, NY
Assets
$1.4M
Grants
18
Total Given
$348K
The James and Robin Coogan Foundation
BRONXVILLE, NY
Assets
$4.9M
Grants
74
Total Given
$186K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Phyllis L Reed Trust on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities