Sylvester H Reed Memorial Trust
Provide scholarships to graduating high school students in burnet, Texas to assist with college and trade school tuition
Sylvester H Reed Memorial Trust at a glance
In short: Sylvester H Reed Memorial Trust gave $500K across 1 grant in 2025 (avg $500K), mostly in Texas. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $500,000
- +0.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $500,000
- +0.0% vs 2024
- Median grant
- $500,000
- Total assets
- $13,014,351
- +7.2% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Sylvester H Reed Memorial Trust funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Hill Contry Community Foundation ($500K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Sylvester H Reed Memorial Trust gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $400K (2019) to $632K (2020). In 2025 it made 1 grant totaling $500K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hill Contry Community Foundation Burnet, TX | Providing Scholarships | $500,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $13,014,351 | $1,473,662 | $599,837 | $500,000 | 1 | $898,921 |
| 2024 | $12,140,526 | $1,342,199 | $598,033 | $500,000 | 1 | $758,276 |
| 2023 | $11,396,360 | $947,901 | $594,339 | $500,000 | 1 | $193,066 |
| 2022 | $11,042,798 | $-1,752,351 | $600,674 | $500,000 | 1 | $-290,182 |
| 2021 | $13,395,823 | $1,098,474 | $597,229 | $510,000 | 1 | $439,700 |
| 2020 | $12,894,578 | $5,280,971 | $670,901 | $632,000 | 1 | $4,671,861 |
| 2019 | $8,284,508 | $342,920 | $432,059 | $400,000 | 1 | $202,273 |
About Sylvester H Reed Memorial Trust
Based on IRS filings
Sylvester H Reed Memorial Trust is a public charity focused on Education, based in Pflugerville, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $13.0M in total assets. In 2025, it awarded 1 grant totaling $500K. Net investment income was $899K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Sylvester H Reed Memorial Trust is led by Thomas J. Reed, Chairman on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas J. Reed
Chairman
On filings since 2019
5 hrs/week
No compensation reported
Dennis Hoover
Trustee
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (1)
- Former: John W. Hoover (2019–2024) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Sylvester H Reed Memorial Trust
How much does Sylvester H Reed Memorial Trust give each year?
Sylvester H Reed Memorial Trust gave $500K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $500K across 1 grant.
How large is Sylvester H Reed Memorial Trust?
Sylvester H Reed Memorial Trust reported $13.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.5M.
What is Sylvester H Reed Memorial Trust?
Sylvester H Reed Memorial Trust is a public charity focused on Education, based in Pflugerville, TX. It holds $13.0M in total assets as of 2025.
Where does Sylvester H Reed Memorial Trust operate?
Sylvester H Reed Memorial Trust has awarded grants in Texas.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 1, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS June 3, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 27, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS June 15, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS June 17, 2026)
- IRS filings on file for fiscal years 2020–2024
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