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Reed Institute

Foundation · Grantmaker Portland, OR EIN: 93-0386908 Website

The mission of Reed College is to provide education in the liberal arts and sciences.

Key facts about Reed Institute

EIN
93-0386908
Latest 990 filing
Form 990-PF, 2024
Total assets
$1,135,702,740

Data from IRS Form 990-PF, 2024; updated April 2026.

Next steps with Reed Institute

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1B

+9.1% YoY

Revenue

$204.7M

+36.1% YoY

Net Investment Income

$52.9M

+422.2% YoY

Expenses

$158.2M

+4.0% YoY

About Reed Institute

Based on IRS filings

Reed Institute is a nonprofit organization focused on Education, based in Portland, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1B in total assets. Net investment income was $52.9M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Portland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$56M$113M$169M$225M20202021202220232024
Metric202420232022
Total Assets$1,135,702,740$1,040,957,477$1,011,067,544
Revenue$204,695,513$150,353,460$184,823,009
Expenses$158,238,547$152,129,700$146,361,428
Qualifying Distributions———
Net Investment Income$52,927,966$10,135,189$38,832,631
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$7K$14K$20K$27K0 grants20201 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Audrey Bilger — President: $671KAudrey BilgerPresident$671KErik Bernhardt — Chief Investment Officer: $431KErik BernhardtChief Investment Officer$431KHugh Porter — Vice President for College Relations and Planning: $416KHugh PorterVice President for College…$416KLynn Valenter — Vice President of Finance and Treasurer: $369KLynn ValenterVice President of Finance and…$369KKathryn Oleson — Dean of the Faculty: $250KKathryn OlesonDean of the Faculty$250KMilyon Trulove — Vice President and Dean of Admission and Financial Aid: $242KMilyon TruloveVice President and Dean of…$242KValerie Moreno — Chief Information & Security Officer: $236KValerie MorenoChief Information & Security…$236KAndrew Lonergan — Director of Investments: $231KAndrew LonerganDirector of Investments$231KKarnell McConnell-Black — Vice President for Student Life: $227KKarnell McConnell-BlackVice President for Student Life$227KPhyllis Esposito — Vice President and Dean for Institutional Diversity: $207KPhyllis EspositoVice President and Dean for…$207KSheena McFarland — Executive Director Public Affairs & Communications: $207KSheena McFarlandExecutive Director Public…$207KSarah Panetta — Executive Director of Advancement: $203KSarah PanettaExecutive Director of…$203KRobert Tust — Associate Treasurer and Controller: $202KRobert TustAssociate Treasurer and…$202K

From 2024 IRS filing

NameTitleHoursCompensation
Audrey BilgerPresident40$670,868
Erik BernhardtChief Investment Officer40$431,048
Hugh PorterVice President for College Relations and Planning40$416,077
Lynn ValenterVice President of Finance and Treasurer40$368,557
Kathryn OlesonDean of the Faculty40$249,710
Milyon TruloveVice President and Dean of Admission and Financial Aid40$242,477
Valerie MorenoChief Information & Security Officer40$235,608
Andrew LonerganDirector of Investments40$230,980
Karnell McConnell-BlackVice President for Student Life40$226,879
Phyllis EspositoVice President and Dean for Institutional Diversity40$206,975
Robert TustAssociate Treasurer and Controller40$201,741
Sheena McFarlandExecutive Director Public Affairs & Communications40$206,667
Sarah PanettaExecutive Director of Advancement40$202,770
Laurence 'Larry' Abramson '80Trustee1—
Julia P Adams '80Trustee1—
Alea Adigweme '06Trustee1—
Konrad S Alt '81Trustee1—
Michael S Axley '89Trustee1—
Carla J Beam '76Trustee1—
Peter J BragdonTrustee1—
M Jane BuchanTrustee1—
Julie JL Cheng '84Trustee1—
Thomas O DanielTrustee1—
Nicholas G Galakatos '79Trustee1—
Edward 'Ned' Hall '87Trustee1—
Linda G Howard '70Trustee1—
George M James '77Trustee1—
Deborah D Kamali '85Trustee1—
Amy M MadiganTrustee1—
Alex J Martinez '73Trustee1—
Winthrop 'Win' McCormackTrustee1—
Margaret Hill Noto '75Trustee-Secretary1—
Eduardo M Ochoa '73Trustee1—
Ritankar 'Ronti' Pal '93Trustee1—
Darlene D Pasieczny '01Trustee1—
Roger M Perlmutter '73Trustee-Chair1—
Gary Rieschel '79Trustee1—
Lisa Saldana '94Trustee1—
John P Sheehy '82Trustee1—
Tina Sohaili-Korbonits '07Trustee1—
Susan Sokol Blosser '86Trustee1—
Alice Larkin Steiner '74Trustee1—
Peter C Stockman '77Trustee1—
Richard 'Rick' H Wollenberg '75Trustee-Vice Chair1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Reed Institute?

Reed Institute is a nonprofit organization focused on Education, based in Portland, OR. It holds $1.1B in total assets as of 2024.

How large is Reed Institute?

As of 2024, Reed Institute holds $1.1B in total assets with $204.7M in annual revenue.

Where does Reed Institute operate?

Reed Institute has awarded grants in Oregon.

What is Reed Institute's EIN?

Reed Institute's EIN (Employer Identification Number) is 93-0386908. IRS Form 990 filing data is available on this page for 2020–2024.

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

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