Reed Foundation Inc
Reed Foundation Inc is a private foundation based in New York, NY. Its 2024 filing describes its grantmaking as serving educational, scientific, and charitable purposes; that year it reported 26 grants totaling $574,000.
Reed Foundation Inc at a glance
In short: Reed Foundation Inc gave $574K across 26 grants in 2024 (avg $22K), top state New York. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $574,000
- +60.3% vs 2023
- Grants made (2024)
- 26
- +4.0% vs 2023
- Average grant
- $22,077
- +54.2% vs 2023
- Median grant
- $7,500
- Total assets
- $13,941,316
- +6.6% vs 2023
- New grantees (estimate)
- 13% first-time grantees (3 of 24, 2024; small sample)
- Primary geography
- New York (49% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Reed Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
Contact the foundation with a letter of application containing evidence of current tax-exempt status, a project description, and a budget. Landes Grants applications have additional requirements. The foundation does not accept unsolicited requests.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: The Reed Foundation Inc
Mailing address: 500 Fifth Avenue Suite 4810, New York, NY 10110
Phone: (212) 768-4996
Website: https://thereedfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Reed Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Magazzino Italian Art Foundation ($150K). Together the top 10 received $495K.
Grant Size Distribution
168 grants across all recorded years
The most common grant size was under $50K: 162 grants of 168 (96%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars by recipient state were reported as 49% for New York, 26% for New Jersey, 9% for Washington, 5% for Vermont, and 5% for Maryland. The foundation also made grants to recipients in Rhode Island and Virginia.
Grant Distribution by State
Share of 2024 grant dollars across all 26 itemized grants.
States
Cities
Is Reed Foundation Inc open to new grantees?
13%
first-time grantees, 2024
In 2024, 3 of 24 grantees (13%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $13K; repeat grants $18K. How we count
Medians: $15K first-time, $5K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving grew 51% from 2021 to 2024. Method
- In 2024 it paid out 164% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $358K (2023) to $577K (2020). In 2024 it made 26 grants totaling $574K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Magazzino Italian Art Foundation Cold Spring, NY | Charitable | $150,000 |
| Merton College Charitable Corporation Manasquan, NJ | Educational | $150,000 |
| Doctors Without Borders New York, NY | Charitable | $75,000 |
| Middlebury College Middlebury, VT | Educational | $30,000 |
| Seattle Academy Seattle, WA | Educational | $20,000 |
| Team Fame Newport, RI | Charitable | $15,000 |
| The Diener School Potomac, MD | Charitable | $15,000 |
| The Potomac School McLean, VA | Educational | $15,000 |
| Treatment and Learning Center Rockville, MD | Educational | $15,000 |
| Aspen Institute New York, NY | Educational | $10,000 |
Ready to take the next step with Reed Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $13,941,316 | $2,099,951 | $1,234,182 | $574,000 | 26 | $1,222,516 | $1,986,456 | $746,380 |
| 2023 | $13,075,548 | $665,985 | $1,002,677 | $358,000 | 25 | $1,002,213 | $579,645 | $700,528 |
| 2022 | $13,412,240 | $4,719,258 | $1,038,314 | $368,100 | 21 | $1,037,500 | $4,680,071 | $588,288 |
| 2021 | $10,608,766 | $944,095 | $916,577 | $379,901 | 36 | $911,828 | $926,808 | $598,481 |
| 2020 | $10,504,556 | $-1,369,708 | $1,185,292 | $577,000 | 60 | — | $241,385 | $540,525 |
Under IRS private-foundation payout rules, Reed Foundation Inc reported a distributable amount of $746K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing describes its purposes as educational, scientific, and charitable. Its 2024 grants included support for educational institutions and programs, arts and cultural organizations, and charitable organizations. These examples describe the recipients’ work, not a stated set of foundation-wide focus areas.
For example, Merton College Charitable Corporation says it supports Merton College and other higher-education institutions or activities at Oxford University through scholarships, grants, and scientific and other educational projects. The Potomac School describes its goals as intellectual development, love of learning, and strength of character. Volunteer Lawyers for the Arts says it provides legal representation and education to individual artists and arts and cultural organizations. Other 2024 recipients included Doctors Without Borders, Seattle Children’s Theatre, and the Seattle Public Library Foundation.
Grantmaking
In 2024, the foundation made 26 grants totaling $574,000. Grants ranged from $1,500 to $150,000, with a median of $7,500. The largest grants were $150,000 to Magazzino Italian Art Foundation for charitable purposes and $150,000 to Merton College Charitable Corporation for educational purposes. Other notable grants included $75,000 to Doctors Without Borders, $30,000 to Middlebury College, and $20,000 to Seattle Academy.
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Its filing says an application letter should include evidence of current tax-exempt status, a project description, and a budget. Applications for the program known as the Landes Grants have additional requirements listed in the filing. The filing lists no restrictions on awards.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Reed Rubin as President; Jane Gregory Rubin and Peter Rubin as Secretaries; Maia A Rubin as Treasurer; and Lara R Constable as Vice-President.
Reed Foundation Inc is led by Reed Rubin, President on every filing since 2020; 3 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Reed Rubin
President
On filings since 2020
15 hrs/week
No compensation reported
Jane Gregory Rubin
Secretary
On filings since 2020
35 hrs/week
$150K (2020) → $0 (2024)
Lara R Constable
Vice President
On filings since 2020
15 hrs/week
$27K (2022) → $50K (2024)
Maia A Rubin
Treasurer
On filings since 2020
15 hrs/week
$27K (2022) → $50K (2024)
Peter Rubin
Secretary
On filings since 2022
15 hrs/week
$27K (2022) → $50K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $50K, to Maia A Rubin (Treasurer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Reed Foundation Inc
How much does Reed Foundation Inc give each year?
Reed Foundation Inc gave $574K across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $358K across 25 grants.
What is Reed Foundation Inc's typical grant size?
Reed Foundation Inc's median grant in 2024 was $7,500, and its average grant was $22,077, across 26 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Reed Foundation Inc that year got $13K on average.
Where does Reed Foundation Inc give grants?
Reed Foundation Inc's top state is New York, with 49% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New Jersey (26%) and Washington (9%). The most frequent recipient cities were New York, NY (11 grants) and Seattle, WA (6 grants).
Does Reed Foundation Inc give general operating support?
Not in 2024: none of the 26 grants with a stated purpose on Reed Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (17 grants) and "Educational" (9 grants).
Who are Reed Foundation Inc's largest grantees?
Reed Foundation Inc's largest 2024 grantees include Magazzino Italian Art Foundation ($150,000), Merton College Charitable Corporation ($150,000) and Doctors Without Borders ($75,000), according to its 2024 IRS Form 990-PF. Together they received 65% of its itemized 2024 grant dollars.
How large is Reed Foundation Inc?
Reed Foundation Inc reported $13.9M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $746K (roughly 5% of its investment assets).
What does Reed Foundation Inc fund?
The foundation’s filing describes its purposes as educational, scientific, and charitable. Its 2024 grants included support for educational institutions and programs, arts and cultural organizations, and charitable organizations. See mission & focus areas ↑
How do I apply for a grant from Reed Foundation Inc?
Contact the foundation with a letter of application containing evidence of current tax-exempt status, a project description, and a budget. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Reed Foundation Inc's EIN?
Reed Foundation Inc's EIN (Employer Identification Number) is 13-1990017. IRS Form 990 filing data is available on this page for 2020–2024.
Does Reed Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Reed Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
The Robert and Joyce Menschel Family Fdn
New York, NY
The foundation supports preselected 501(c)(3) organizations across varied areas, including arts, education and youth development, disability services, health care, and media analysis; most 2025 grant dollars went to New York recipients. Its 2025 grants totaled about $1.57 million, with a median award of $2,500 and amounts ranging from $150 to $1.15 million. It does not accept unsolicited requests.
Assets
$33.6M
Grants
46
Total Given
$1.6M
The Susan Stein Shiva Foundation
New York, NY
The foundation generally supports health care, education, and the arts, primarily in New York, which received 85% of its 2024 grant dollars. In 2024, it made 27 grants totaling about $1 million; grants ranged from $21 to $400,000, with a median of $5,150. It accepts requests by letter with supporting materials; no deadline is listed.
Assets
$7.0M
Grants
27
Total Given
$1.0M
Arnhold Foundation Inc
New York, NY
Arnhold Foundation supports a broad range of arts, education, health, humanitarian, and conservation organizations, with most of its 2024 grant dollars going to New York recipients. Grants ranged from $250 to $13 million, with a median of $12,800. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$426.6M
Grants
233
Total Given
$56.9M
Donald a Pels Charitable Trust UTD
Harrison, NY
The trust funds a range of charitable work, including biomedical research and education, reproductive health, environmental protection, and civil liberties. Its 2024 grants had a median of $50,000 and ranged from $600 to $2.5 million, with most funding going to New York organizations; it also gave in the District of Columbia, North Carolina, California, and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$258.2M
Grants
186
Total Given
$36.3M
May and Samuel Rudin Family Foundation Inc
New York, NY
The foundation supports cultural organizations, youth development, health, education, and civic initiatives, with most 2024 grant dollars going to organizations in New York and smaller shares to Florida and California. It made 93 grants totaling about $1.72 million, with a median grant of $10,000 and awards ranging from $2,500 to $375,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$113K
Grants
93
Total Given
$1.7M
More similar funders
More Funders in New York
Cite this profile
Grantable. (2026). Reed Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/reed-foundation-inc-morg_727531331d3049cbb567d9a72d16ce2b
BibTeX
@misc{grantable_131990017_2026,
author = {{Grantable}},
title = {{Reed Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/reed-foundation-inc-morg_727531331d3049cbb567d9a72d16ce2b},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Reed Foundation Inc'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.
Reed Foundation Inc down — hundreds of funders to go?