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

+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

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $2.6M (100%)

States

Texas

Cities

Burnet

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

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

Recipient	Purpose	Amount
HILL CONTRY COMMUNITY FOUNDATION BURNET, TX	PROVIDING SCHOLARSHIPS	$500,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOMAS J REED	Chairman	5	—
JOHN W HOOVER	Trustee	5	—

Subject Areas

Focus areas based on grantmaking activity

Education

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.