Reed Foundation
Reed Foundation is a private foundation based in Gilbertsville, Kentucky. Its 2025 filing reports grants to charitable organizations, including education, recovery, health, community-service, and cultural organizations.
Reed Foundation at a glance
In short: Reed Foundation gave $304K across 22 grants in 2025 (avg $14K), mostly in Kentucky. 5% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $304,250
- -20.5% vs 2024
- Grants made (2025)
- 22
- -4.3% vs 2024
- Average grant
- $13,830
- -16.9% vs 2024
- Median grant
- $4,500
- Total assets
- $2,786,007
- +6.1% vs 2024
- New grantees (estimate)
- 5% first-time grantees (1 of 22, 2025; small sample)
- Primary geography
- Kentucky (92% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Reed Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co David Reed P O Box 67, Gilbertsville, KY 42044-0067
Phone: (270) 362-0088
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Reed Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of Kentucky ($100K). Together the top 10 received $281K.
Grant Size Distribution
109 grants across all recorded years
The most common grant size was under $50K: 101 grants of 109 (93%).
Geographic Focus
Where this funder awards grants
In 2025, 92% of grant dollars went to recipients in Kentucky, 7% to recipients in Tennessee, and 1% to recipients in Alabama.
Grant Distribution by State
Share of 2025 grant dollars across all 22 itemized grants.
Cities
Is Reed Foundation open to new grantees?
5%
first-time grantees, 2025
In 2025, 1 of 22 grantees (5%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $100K; repeat grants $10K. How we count
Medians: $100K first-time, $4K repeat.
- 91% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+4%). Method
- In 2025 it paid out 122% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2025, annual grant giving ranged from $193K (2021) to $383K (2024). In 2025 it made 22 grants totaling $304K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Kentucky Lexington, KY | Operating Budget | $100,000 |
| Lifeline Recovery Center Paducah, KY | Substance Abuse Recovery | $100,000 |
| Marshall County Board of Education-MCHS Scholarships Benton, KY | Scholarships | $21,250 |
| Hope Clinic Benton, KY | Operating Budget | $10,000 |
| Justice & Mercy International Nashville, TN | Operating Budget | $10,000 |
| Marshall County Need Line Benton, KY | Operating Budget | $10,000 |
| St Jude Children's Research Hospital Memphis, TN | Operating Budget | $10,000 |
| The Family Foundation Lexington, KY | Operating Budget | $10,000 |
| Kentucky Educational Television Lexington, KY | Operating Budget | $5,000 |
| Kentucky Technology Student Association Frankfort, KY | Operating Budget | $5,000 |
Ready to take the next step with Reed Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,786,007 | $508,881 | $349,750 | $304,250 | 22 | $304,250 | $473,898 | $249,518 |
| 2024 | $2,626,876 | $527,027 | $420,167 | $382,750 | 23 | $382,750 | $493,512 | $236,036 |
| 2023 | $2,520,016 | $249,836 | $296,567 | $294,707 | 22 | $294,707 | $247,976 | $209,496 |
| 2022 | $2,566,747 | $177,607 | $330,720 | $291,892 | 20 | $291,892 | $146,125 | $17,159 |
| 2021 | $2,719,860 | $389,549 | $206,812 | $192,885 | 22 | $192,885 | $378,822 | $240,906 |
| 2020 | $2,537,123 | $234,225 | $280,187 | $271,801 | 22 | — | $229,022 | $214,214 |
Under IRS private-foundation payout rules, Reed Foundation reported a distributable amount of $250K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include support for scholarships, substance abuse recovery, operating budgets, and other charitable work. For example, Lifeline Recovery Center describes its mission as providing a Christian-based recovery program for people with substance abuse problems. St. Jude Children’s Research Hospital says its mission is to advance cures and prevention for pediatric catastrophic diseases through research and treatment. The Luther F. Carson Four Rivers Center describes its mission as presenting live performances and cultural experiences for the Four Rivers region.
Grantmaking
In 2025, the foundation gave 22 grants totaling $304,250. Grant amounts ranged from $1,000 to $100,000, with a median grant of $4,500. Its largest awards included $100,000 each to the University of Kentucky for its operating budget and Lifeline Recovery Center for substance abuse recovery. Other notable grants were $21,250 to Marshall County Board of Education-MCHS Scholarships and $10,000 each to Hope Clinic, Justice & Mercy International, Marshall County Need Line, St. Jude Children’s Research Hospital, and The Family Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
David W Reed is listed as trustee on the 2025 filing.
Reed Foundation is led by David W. Reed, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
David W. Reed
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Reed Foundation
How much does Reed Foundation give each year?
Reed Foundation gave $304K across 22 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $383K across 23 grants.
What is Reed Foundation's typical grant size?
Reed Foundation's median grant in 2025 was $4,500, and its average grant was $13,830, across 22 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Reed Foundation that year got $100K on average.
Where does Reed Foundation give grants?
Reed Foundation gives mostly in Kentucky: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (7%). The most frequent recipient cities were Benton, KY (7 grants), Paducah, KY (4 grants), Lexington, KY (3 grants) and Nashville, TN (2 grants).
Does Reed Foundation give general operating support?
Yes: 91% of Reed Foundation's 2025 grants with a stated purpose (20 of 22) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Reed Foundation's largest grantees?
Reed Foundation's largest 2025 grantees include University of Kentucky ($100,000), Lifeline Recovery Center ($100,000) and Marshall County Board of Education-MCHS Scholarships ($21,250), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.
How large is Reed Foundation?
Reed Foundation reported $2.8M in total assets on its 2025 IRS Form 990-PF. It paid out $304K in qualifying distributions that year, against a required minimum of $250K (roughly 5% of its investment assets).
What does Reed Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include support for scholarships, substance abuse recovery, operating budgets, and other charitable work. See mission & focus areas ↑
How do I apply for a grant from Reed Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Reed Foundation's EIN?
Reed Foundation's EIN (Employer Identification Number) is 61-1189284. IRS Form 990 filing data is available on this page for 2020–2025.
Does Reed Foundation 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 7, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
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Cite this profile
Grantable. (2026). Reed Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/reed-foundation-morg_080a1b1e2b9e43bbab4b509ce5f78d69
BibTeX
@misc{grantable_611189284_2026,
author = {{Grantable}},
title = {{Reed Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/reed-foundation-morg_080a1b1e2b9e43bbab4b509ce5f78d69},
note = {Accessed 2026-10-12. 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'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 down — hundreds of funders to go?