Reed Foundation

GILBERTSVILLE, KY EIN: 61-1189284

Reed Foundation is a private foundation, based in GILBERTSVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 23 grants totaling $383K. Net investment income was $494K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+4.2% YoY

Annual Giving

$383K

+29.9% YoY

Grant Count

23

+4.5% YoY

Avg Grant Size

$17K

+24.2% YoY

About Reed Foundation

Based on IRS filings

Reed Foundation is a private foundation, based in GILBERTSVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 23 grants totaling $383K. Net investment income was $494K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BentonBirminghamFrankfortGilbertsvilleHardinLexingtonMemphisMurrayNashvillePaducahSmithland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$145K$290K$435K$580K20202021202220232024
Metric202420232022
Total Assets$2,626,876$2,520,016$2,566,747
Revenue$527,027$249,836$177,607
Expenses$420,167$296,567$330,720
Qualifying Distributions$382,750$294,707$291,892
Net Investment Income$493,512$247,976$146,125
Distributable Amount$236,036$209,496$17,159

Giving Over Time

Total grant dollars and number of grants per year

$0$96K$191K$287K$383K22 grants202022 grants202120 grants202222 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MARSHALL COUNTY HEALTHCA…$100KUNIVERSITY OF KENTUCKY$100KCHRISTIAN FELLOWSHIP MIN…$40KJUSTICE & MERCY INTERNAT…$30KWOMEN AWARE INC(MERRYMAN…$25KMARSHALL COUNTY BOARD OF…$19KHOPE CLINIC$10KMARSHALL COUNTY NEED LINE$10KTHE FAMILY FOUNDATION$10KST JUDE CHILDREN'S RESEA…$10K

Grant Size Distribution

109 grants across all recorded years

101<$50K3$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID W REEDTRUSTEE1

Related Funders

Similar funders by location and focus area

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

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