Sylvester H Reed Memorial Trust

PFLUGERVILLE, TX EIN: 74-6395876

PROVIDE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS IN BURNET, TEXAS TO ASSIST WITH COLLEGE AND TRADE SCHOOL TUITION

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.1M

+6.5% YoY

Annual Giving

$500K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$500K

+0.0% YoY

About Sylvester H Reed Memorial Trust

Based on IRS filings

Sylvester H Reed Memorial Trust is a nonprofit organization focused on Education, based in PFLUGERVILLE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.1M in total assets. In 2024, it awarded 1 grants totaling $500K. Net investment income was $758K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Burnet

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M20202021202220232024
Metric202420232022
Total Assets$12,140,526$11,396,360$11,042,798
Revenue$1,342,199$947,901$-1,752,351
Expenses$598,033$594,339$600,674
Qualifying Distributions
Net Investment Income$758,276$193,066$-290,182
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$158K$316K$474K$632K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

HILL CONTRY COMMUNITY FO…$500K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hill Contry Community Foundation ($500,000).

RecipientPurposeAmount
HILL CONTRY COMMUNITY FOUNDATION BURNET, TXPROVIDING SCHOLARSHIPS$500,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS J REEDChairman5
JOHN W HOOVERTrustee5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sylvester H Reed Memorial Trust?

Sylvester H Reed Memorial Trust is a nonprofit organization focused on Education, based in PFLUGERVILLE, TX. It holds $12.1M in total assets as of 2024.

How large is Sylvester H Reed Memorial Trust?

As of 2024, Sylvester H Reed Memorial Trust holds $12.1M in total assets with $1.3M in annual revenue. It awarded 1 grants totaling $500K in 2024.

Where does Sylvester H Reed Memorial Trust operate?

Sylvester H Reed Memorial Trust has awarded grants in Texas.

What size grants does Sylvester H Reed Memorial Trust award?

In 2024, Sylvester H Reed Memorial Trust awarded 1 grants totaling $500K — an average of about $500K per grant, based on its IRS Form 990 filings.

What is Sylvester H Reed Memorial Trust's EIN?

Sylvester H Reed Memorial Trust's EIN (Employer Identification Number) is 74-6395876. IRS Form 990 filing data is available on this page for 2020–2024.

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Browse active grant opportunities in Sylvester H Reed Memorial Trust'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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