Reynolds Family Foundation

Foundation · Grantmaker Nashville, TN EIN: 62-1781092

Reynolds Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 18 grants totaling $300K. Net investment income was $528K.

Key facts about Reynolds Family Foundation

EIN: 62-1781092
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $300,000
Grants made (2024): 18
Average grant: $16,667
Median grant: $18,500
New grantees (estimate): 6% first-time grantees (1 of 18, 2024)
Total assets: $2,926,454
Primary geography: Tennessee (98% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Reynolds Family Foundation funds

By grant dollars, the top recipient states for Reynolds Family Foundation's 18 itemized 2024 grants were Tennessee (98%). The most frequent recipient cities were Nashville, TN (16 grants). 100% of grants with a stated purpose were for general or operating support.

Is Reynolds Family Foundation open to new grantees?

first-time grantees, 2024

In 2024, 1 of 18 grantees (6%) were first-time recipients. First grants averaged $2K; repeat grants $18K. How we count

Medians: $2K first-time, $20K repeat.

94% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (+15%). Method
In 2024 it paid out 104% 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.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+13.3% YoY

Annual Giving

$300K

+20.0% YoY

Grant Count

+5.9% YoY

Avg Grant Size

$17K

+13.3% YoY

Under IRS private-foundation payout rules, Reynolds Family Foundation reported a distributable amount of $298K for 2024 — the minimum it must pay out in qualifying distributions.

About Reynolds Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $294K (98%)

Alabama $6K (2%)

Share of all 18 itemized 2024 grant dollars.

States

Alabama Tennessee

Cities

NashvilleMontgomeryMurfreesboro

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,926,454	$2,583,545	$2,515,273
Revenue	$846,033	$405,351	$414,966
Expenses	$324,345	$271,570	$254,465
Qualifying Distributions	$308,790	$260,775	$236,775
Net Investment Income	$528,172	$294,508	$212,535
Distributable Amount	$297,558	$240,815	$233,739

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

90 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Backfield in Motion ($25,000), Learning Matters ($25,000), Oasis Center Inc ($25,000).

Recipient	Purpose	Amount
BACKFIELD IN MOTION Nashville, TN	GENERAL FUNDS	$25,000
LEARNING MATTERS Nashville, TN	GENERAL FUNDS	$25,000
OASIS CENTER INC Nashville, TN	GENERAL FUNDS	$25,000
PRESTON TAYLOR MINISTRIES Nashville, TN	GENERAL FUNDS	$25,000
SECOND HARVEST FOOD BANK Nashville, TN	GENERAL FUNDS	$25,000
SILOAM Nashville, TN	GENERAL FUNDS	$25,000
TENNESSEE IMMIGRANT & REFUGEE RIGHTS COALITION Nashville, TN	GENERAL FUNDS	$25,000
MARTHA O'BRYAN CENTER Nashville, TN	GENERAL FUNDS	$20,000
PLANNED PARENTHOOD Nashville, TN	GENERAL FUNDS	$20,000
AMERICAN RED CROSS Nashville, TN	GENERAL FUNDS	$17,000

Leadership & Key People

Officers and directors from IRS filings

Reynolds Family Foundation is led by Lee Allen Reynolds, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

Lee Allen Reynolds

President

On filings since 2020

1.3 hrs/week

No compensation reported
David Allen Reynolds

Director

On filings since 2020

1.3 hrs/week

No compensation reported
Mary Elizabeth Reynolds

Secretary & Treasurer

On filings since 2020

1.3 hrs/week

No compensation reported

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.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Reynolds Family Foundation?

Reynolds Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nashville, TN. It holds $2.9M in total assets as of 2024.

How large is Reynolds Family Foundation?

As of 2024, Reynolds Family Foundation holds $2.9M in total assets with $846K in annual revenue. It awarded 18 grants totaling $300K in 2024.

Where does Reynolds Family Foundation operate?

Reynolds Family Foundation has awarded grants in Alabama, Tennessee.

What size grants does Reynolds Family Foundation award?

In 2024, Reynolds Family Foundation awarded 18 grants totaling $300K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Reynolds Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Reynolds Family Foundation reported a distributable amount of $298K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.