Reed Family Foundation Inc
The Reed Family Foundation is a private grantmaking foundation based in Lake Geneva, Wisconsin. Established in December 2007, it operates as a 501(c)(3) organization and is classified as a private foundation under the National Taxonomy of Exempt Entities (NTEE).
Key facts about Reed Family Foundation Inc
- EIN
- 26-1247721
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,218,000
- Grants made (2024)
- 220
- Average grant
- $14,627
- Median grant
- $2,000
- New grantees (estimate)
- 6% first-time grantees (11 of 173, 2024)
- Total assets
- $26,777,904
- Primary geography
- Illinois (46% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation operates on a "preselected only" basis, meaning it makes contributions exclusively to preselected charitable organizations and does not accept unsolicited applications for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Reed Family Foundation Inc funds
By grant dollars, the top recipient states for Reed Family Foundation Inc's 220 itemized 2024 grants were Illinois (46%), Oregon (21%) and New York (13%). The most frequent recipient cities were Eugene, OR (31 grants), New York, NY (18 grants), Taos, NM (18 grants) and Bozeman, MT (16 grants). 100% of grants with a stated purpose were for general or operating support.
Is Reed Family Foundation Inc open to new grantees?
6%
first-time grantees, 2024
In 2024, 11 of 173 grantees (6%) were first-time recipients. First grants averaged $2K; repeat grants $20K. How we count
Medians: $2K first-time, $2K repeat.
- 93% of 2024 grantees were also funded in 2023. Method
- Giving grew 42% from 2021 to 2024. Method
- In 2024 it paid out 132% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Reed Family Foundation Inc
- How to evaluate Reed Family Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Reed Family Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.8M
+8.9% YoY
Annual Giving
$3.2M
+3.9% YoY
Grant Count
220
-2.2% YoY
Avg Grant Size
$15K
+6.2% YoY
Under IRS private-foundation payout rules, Reed Family Foundation Inc reported a distributable amount of $2.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and science education
- Arts and creative writing
- Historic preservation
- Journalism
Grantmaking
Grant Range
$2,000
How to Apply
**
Ready to take the next step with Reed Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Oregon
- New Mexico
Grant Distribution by State
Share of all 220 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $26,777,904
- Total Revenues: $5,574,731
- Total Expenses: $3,397,252
- Total Liabilities: $0
- Investment Income and Dividends: $954,682
- Net Gain from Sale of Non-Inventory Assets: $1,408,004
Historical Assets:
- 2023: $24.6 million
- 2024: $26.8 million
The foundation is supported by the Reed Family Education Trust.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,777,904 | $24,600,461 | $22,974,399 |
| Revenue | $5,574,731 | $4,861,318 | $3,668,624 |
| Expenses | $3,397,252 | $3,235,256 | $3,269,025 |
| Qualifying Distributions | $3,218,000 | $3,098,210 | $3,080,490 |
| Net Investment Income | $2,218,434 | $1,308,984 | $340,671 |
| Distributable Amount | $2,433,696 | $1,967,241 | $1,846,034 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
1,030 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include John G Shedd Aquarium ($1,404,750 across 7 grants), The John G Shedd Institute for the Arts ($316,240 across 5 grants), Eugene Ballet Company ($251,000 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| JOHN G SHEDD AQUARIUM Chicago, IL | GENERAL | $1,250,000 |
| THE JOHN G SHEDD INSTITUTE FOR THE ARTS Eugene, OR | GENERAL | $300,000 |
| EUGENE BALLET COMPANY Eugene, OR | GENERAL | $250,000 |
| COLUMBIA LAND CONSERVANCY Chatham, NY | GENERAL | $120,500 |
| ST LAWRENCE UNIVERSITY Canton, NY | GENERAL | $102,000 |
| HOTCHKISS SCHOOL Lakeville, CT | GENERAL | $97,000 |
| JOHN G SHEDD AQUARIUM Chicago, IL | GENERAL | $53,000 |
| GALLATIN VALLEY LAND TRUST Bozeman, MT | GENERAL | $50,000 |
| GALLATIN VALLEY LAND TRUST Bozeman, MT | GENERAL | $50,000 |
| JOHN G SHEDD AQUARIUM Chicago, IL | GENERAL | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by a board of directors with limited paid staffing:
- John S Reed Jr. (Director/President)
- Ginevra R Ralph (Director/Vice President)
- L Keith Reed (Director/Vice President)
- Helen S Reed (Director/Vice President)
- Peter S Reed (Director/Vice President)
- Walter W Bell (Director/Treasurer/Secretary)
All board members serve without compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John S Reed Jr | Director/President | — | — |
| Ginevra R Ralph | Director/VP | — | — |
| L Keith Reed | Director/VP | — | — |
| Helen S Reed | Director/VP | — | — |
| Peter S Reed | Director/VP | — | — |
| Walter W Bell | Director/Treasurer/Secr. | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in scholarship programs, including the Lena Sammons Reed Scholarship, which awarded $54,000 in scholarships during the 2022-23 academic year. The foundation has announced multiple rounds of scholarship opportunities for local students and has honored scholarship recipients and community members at community galas.
Reed Foundation announces next round of scholarshipsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Reed Family Foundation Inc fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science and science education • Arts and creative writing • Historic preservation • Journalism
How do I apply for a grant from Reed Family Foundation Inc?
The foundation operates on a "preselected only" basis, meaning it makes contributions exclusively to preselected charitable organizations and does not accept unsolicited applications for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Reed Family Foundation Inc make grants?
The foundation primarily funds organizations in: • New York • Oregon • New Mexico
What size grants does Reed Family Foundation Inc award?
In 2024, Reed Family Foundation Inc awarded 220 grants totaling $3.2M — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Reed Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Reed Family Foundation Inc reported a distributable amount of $2.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Reed Family Foundation Inc's EIN?
Reed Family Foundation Inc's EIN (Employer Identification Number) is 26-1247721. IRS Form 990 filing data is available on this page for 2020–2024.
Does Reed Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Explore Open Grants
Browse active grant opportunities in Reed Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Community Foundation of New Jersey
Morristown, NJ
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Baird Foundation Inc
Milwaukee, WI
Assets
—
Grants
3,751
Total Given
$6.6M
Thrivent Charitable Impact & Investing
Appleton, WI
Assets
$939.7M
Grants
2,565
Total Given
$84.6M
Dane Buy Local Foundation Inc
Madison, WI
Assets
$16K
Grants
1,382
Total Given
$12.7M
Alliant Energy Foundation Inc
Madison, WI
Assets
—
Grants
1,213
Total Given
$3.0M
Greater Milwaukee Foundation Inc
Milwaukee, WI
Assets
$1.1B
Grants
838
Total Given
$66.8M
Herb Kohl Educational Foundation Inc
Milwaukee, WI
Assets
—
Grants
623
Total Given
$3.2M
Green Bay Packers Foundation
Green Bay, WI
Assets
—
Grants
530
Total Given
$3.6M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Wisconsin
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.