The mission of Reed College is to provide education in the liberal arts and sciences.
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Audrey Bilger | President | 40 | $670,868 |
| Erik Bernhardt | Chief Investment Officer | 40 | $431,048 |
| Hugh Porter | Vice President for College Relations and Planning | 40 | $416,077 |
| Lynn Valenter | Vice President of Finance and Treasurer | 40 | $368,557 |
| Kathryn Oleson | Dean of the Faculty | 40 | $249,710 |
| Milyon Trulove | Vice President and Dean of Admission and Financial Aid | 40 | $242,477 |
| Valerie Moreno | Chief Information & Security Officer | 40 | $235,608 |
| Andrew Lonergan | Director of Investments | 40 | $230,980 |
| Karnell McConnell-Black | Vice President for Student Life | 40 | $226,879 |
| Phyllis Esposito | Vice President and Dean for Institutional Diversity | 40 | $206,975 |
| Robert Tust | Associate Treasurer and Controller | 40 | $201,741 |
| Sheena McFarland | Executive Director Public Affairs & Communications | 40 | $206,667 |
| Sarah Panetta | Executive Director of Advancement | 40 | $202,770 |
| Laurence 'Larry' Abramson '80 | Trustee | 1 | — |
| Julia P Adams '80 | Trustee | 1 | — |
| Alea Adigweme '06 | Trustee | 1 | — |
| Konrad S Alt '81 | Trustee | 1 | — |
| Michael S Axley '89 | Trustee | 1 | — |
| Carla J Beam '76 | Trustee | 1 | — |
| Peter J Bragdon | Trustee | 1 | — |
| M Jane Buchan | Trustee | 1 | — |
| Julie JL Cheng '84 | Trustee | 1 | — |
| Thomas O Daniel | Trustee | 1 | — |
| Nicholas G Galakatos '79 | Trustee | 1 | — |
| Edward 'Ned' Hall '87 | Trustee | 1 | — |
| Linda G Howard '70 | Trustee | 1 | — |
| George M James '77 | Trustee | 1 | — |
| Deborah D Kamali '85 | Trustee | 1 | — |
| Amy M Madigan | Trustee | 1 | — |
| Alex J Martinez '73 | Trustee | 1 | — |
| Winthrop 'Win' McCormack | Trustee | 1 | — |
| Margaret Hill Noto '75 | Trustee-Secretary | 1 | — |
| Eduardo M Ochoa '73 | Trustee | 1 | — |
| Ritankar 'Ronti' Pal '93 | Trustee | 1 | — |
| Darlene D Pasieczny '01 | Trustee | 1 | — |
| Roger M Perlmutter '73 | Trustee-Chair | 1 | — |
| Gary Rieschel '79 | Trustee | 1 | — |
| Lisa Saldana '94 | Trustee | 1 | — |
| John P Sheehy '82 | Trustee | 1 | — |
| Tina Sohaili-Korbonits '07 | Trustee | 1 | — |
| Susan Sokol Blosser '86 | Trustee | 1 | — |
| Alice Larkin Steiner '74 | Trustee | 1 | — |
| Peter C Stockman '77 | Trustee | 1 | — |
| Richard 'Rick' H Wollenberg '75 | Trustee-Vice Chair | 1 | — |
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.
Explore Open Grants
Browse active grant opportunities in Reed Institute's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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