Richard Reed Foundation
The Richard Reed Foundation is a private foundation based in Castle Rock, Colorado. Formed in 2015 by Richard Reed, it supports smaller, forward-thinking nonprofit organizations working to create better communities through programs in mental health, child health and development, community welfare, animal welfare, and environmental impact.
Richard Reed Foundation at a glance
In short: Richard Reed Foundation gave $605K across 71 grants in 2025 (avg $9K), mostly in Colorado. 35% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $604,500
- -0.3% vs 2024
- Grants made (2025)
- 71
- +26.8% vs 2024
- Average grant
- $8,514
- -21.4% vs 2024
- Median grant
- $10,000
- Total assets
- $10,544,616
- +3.9% vs 2024
- New grantees (estimate)
- 35% first-time grantees (24 of 69, 2025)
- Primary geography
- Colorado (67% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Richard Reed Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests by letter of inquiry from eligible organizations. Its website says inquiries are accepted only during the listed open windows. Applicants should describe how their organization aligns with the foundation’s interests and address its stated preferences, including a proven programming track record, clear goals and strategies, demonstrated financial need, sustainable and diversified funding, qualified leadership, program evaluation, community support, use of best practices, and organizational transparency. The filing states that applicants must be registered U.S. 501(c)(3) organizations and that grants are not awarded to individuals or private companies. The website also lists exclusions, including start-ups, organizations with annual revenue over $5 million, and requests for endowments, debt reduction, or loans.
- Review Cycle
- The website lists Cycle I as January 15–March 15, 2026, with decisions by April 15, 2026, and Cycle II as June 15–August 15, 2026, with decisions by September 15, 2026. The 2025 filing instead states that inquiries are accepted on a continual basis.
- Deadline
- The website lists Cycle I as January 15–March 15, 2026, with decisions by April 15, 2026, and Cycle II as June…
- Contact
Application contact: Attention Grant Inquiries
Mailing address: All Inquiries Should Be Submitted, By E-Mail, Phoenix, AZ 85004
Phone: (480) 316-4630
Email: info@richardreedfoundation.org
Website: https://richardreedfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Richard Reed Foundation
Who Richard Reed Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Breckenridge Outdoor Education Center ($25K). Together the top 10 received $162K.
Organizations only. It also paid 1 individual scholarship ($10,000), which are not listed by name.
Grant Size Distribution
256 grants across all recorded years
The most common grant size was under $50K: 255 grants of 256 (100%).
Geographic Focus
Where this funder awards grants
The website limits letters of inquiry to organizations in Colorado and Northern California. The 2025 filing describes the focus as the Mountain West, especially Colorado, California, and Arizona. In 2025, 67% of grant dollars went to recipients in Colorado and 24% to recipients in California.
Grant Distribution by State
Share of 2025 grant dollars across all 71 itemized grants.
Cities
Is Richard Reed Foundation open to new grantees?
35%
first-time grantees, 2025
In 2025, 24 of 69 grantees (35%) were first-time recipients. First grants averaged $6K; repeat grants $10K. How we count
Medians: $5K first-time, $10K repeat.
- 61% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+15%). Method
- In 2025 it paid out 155% 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 $526K (2022) to $606K (2024). In 2025 it made 71 grants totaling $605K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Breckenridge Outdoor Education Center Breckenridge, CO | Tee it up event grant and outdoor recreation for people with special needs and disabilities | $25,000 |
| Housed Working and Healthy Denver, CO | Training and workforce development for people experiencing homelessness and bonus grant | $20,000 |
| Robin's Nest Foundation Castle Rock, CO | Equine Therapy Program Expenses | $20,000 |
| Breckenridge Creative Arts Breckenridge, CO | Plastic Recycling/Upcycling Program | $15,000 |
| Elk Scholarship Fund Denver, CO | Scholarship for Elk Participants | $15,000 |
| Good Life Refuge Longmont, CO | Farm Animal Sanctuary Operational Expenses | $15,000 |
| Las Animas Dog Rescue Association Ac (Ladra) | Help with veterinary and facility expenses for dog rescue | $15,000 |
| Smart Bellies Breckenridge, CO | Feeding low income children and matching grant for food bank | $15,000 |
| Gunnison Country Food Pantry Gunnison, CO | Food pantry for rural Colorado county and bonus grant | $12,000 |
| 4 Paws 4 Life Sedalia, CO | Spay and Neuter Program for Rescued Animals | $10,000 |
Ready to take the next step with Richard 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 | $10,544,616 | $773,712 | $765,874 | $604,500 | 71 | $724,374 | $751,278 | $468,752 |
| 2024 | $10,147,804 | $938,113 | $746,921 | $606,235 | 56 | $726,438 | $916,717 | $439,707 |
| 2023 | $8,744,680 | $552,141 | $748,705 | $594,900 | 57 | $698,272 | $531,750 | $396,335 |
| 2022 | $6,750,743 | $1,109,423 | $642,585 | $526,441 | 43 | $607,150 | $1,089,289 | $395,873 |
| 2021 | $10,015,791 | $1,155,215 | $621,418 | $535,378 | 29 | $596,741 | $1,133,857 | $426,297 |
| 2020 | $8,791,303 | $733,905 | $632,605 | $576,738 | 26 | — | $718,005 | $328,925 |
Under IRS private-foundation payout rules, Richard Reed Foundation reported a distributable amount of $469K 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
The foundation seeks to support smaller nonprofits with outreach and programs in its stated focus areas. Its website describes human support as including mental and physical health and community welfare; animal support as including shelters, equine therapy, wildlife sanctuaries, and spay/neuter clinics; and environmental support as community education and action initiatives.
Examples of grantees illustrate this range. Breckenridge Outdoor Education Center says its mission is to expand the potential of people with disabilities and special needs through outdoor experiences. Smart Bellies says it works to eliminate childhood hunger by providing food to students in Summit County. Good Life Refuge says it provides refuge and care for at-risk, abused, and neglected animals, alongside education about farm animal welfare. These are the grantees’ stated missions.
Grantmaking
In 2025, the foundation made 71 grants totaling $604,500. Grant amounts ranged from $5,000 to $25,000, with a median of $10,000. Notable awards included $25,000 to Breckenridge Outdoor Education Center for an event grant and outdoor recreation for people with special needs and disabilities; $20,000 to Housed Working and Healthy for workforce training and development for people experiencing homelessness; and $20,000 to Robin’s Nest Foundation for equine therapy program expenses. Other 2025 grants included $15,000 to Breckenridge Creative Arts for a recycling and upcycling program and $15,000 to Smart Bellies for feeding low-income children and a matching food-bank grant.
Leadership & Key People
Leadership team and compensation from IRS filings
Tamara Valdez is listed as president on the 2025 filing and is identified as executive director on the foundation’s website. The filing lists Susie G Ketter Reed as a director and Ana Valdez as vice president; the website identifies Ana Valdez as office support. The website identifies Jan Skogen as grant manager and Rachelle Dodge as program director.
Richard Reed Foundation is led by Tamara Valdez, President on every filing since 2020; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Tamara Valdez
President
On filings since 2020
25 hrs/week
No compensation reported
Susie G. Ketter Reed
Director
On filings since 2020
1 hr/week
No compensation reported
Ana Valdez
Vice President
On filings since 2023
15 hrs/week
$5K (2023) → $15K (2025)
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $15K, to Ana Valdez (Vice President).
Frequently asked questions about Richard Reed Foundation
How much does Richard Reed Foundation give each year?
Richard Reed Foundation gave $605K across 71 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $606K across 56 grants.
What is Richard Reed Foundation's typical grant size?
Richard Reed Foundation's median grant in 2025 was $10,000, and its average grant was $8,514, across 71 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Richard Reed Foundation that year got $6K on average.
Where does Richard Reed Foundation give grants?
Richard Reed Foundation gives mostly in Colorado: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (24%). The most frequent recipient cities were Denver, CO (10 grants), Breckenridge, CO (4 grants), Truckee, CA (3 grants) and Longmont, CO (3 grants).
Does Richard Reed Foundation give general operating support?
Yes: 17% of Richard Reed Foundation's 2025 grants with a stated purpose (12 of 71) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Equine Therapy Program Expenses" (3 grants).
Who are Richard Reed Foundation's largest grantees?
Richard Reed Foundation's largest 2025 grantees include Breckenridge Outdoor Education Center ($25,000), Housed Working and Healthy ($20,000) and Robin's Nest Foundation ($20,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($10,000), which are not listed by name. Together they received 11% of its itemized 2025 grant dollars.
How large is Richard Reed Foundation?
Richard Reed Foundation reported $10.5M in total assets on its 2025 IRS Form 990-PF. It paid out $724K in qualifying distributions that year, against a required minimum of $469K (roughly 5% of its investment assets).
What does Richard Reed Foundation fund?
The foundation seeks to support smaller nonprofits with outreach and programs in its stated focus areas. See mission & focus areas ↑
How do I apply for a grant from Richard Reed Foundation?
The foundation accepts unsolicited requests by letter of inquiry from eligible organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Richard Reed Foundation's EIN?
Richard Reed Foundation's EIN (Employer Identification Number) is 47-3818599. IRS Form 990 filing data is available on this page for 2020–2025.
Does Richard Reed Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 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 April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 29, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Richard Reed Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/richard-reed-foundation-morg_033a65c13e4141be9bf1115976c746e9
BibTeX
@misc{grantable_473818599_2026,
author = {{Grantable}},
title = {{Richard Reed Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/richard-reed-foundation-morg_033a65c13e4141be9bf1115976c746e9},
note = {Accessed 2026-10-10. 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 Richard 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.
Richard Reed Foundation down — hundreds of funders to go?