The Harold and Kate Reed Family
The Harold and Kate Reed Family Foundation is a private grantmaking foundation established in Minnesota in 2007 and based in Minneapolis, MN. The foundation operates as a 501(c)(3) organization dedicated to philanthropic giving across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
+3.1% YoY
Annual Giving
$472K
+9.8% YoY
Grant Count
79
-7.1% YoY
Avg Grant Size
$6K
+18.2% YoY
Under IRS private-foundation payout rules, The Harold and Kate Reed Family reported a distributable amount of $422K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports initiatives in the following areas:
- Education: Elementary and secondary education, higher education, and undergraduate education
- Environment: Environmental causes and conservation
- Animal Welfare: The welfare of domesticated animals
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$3,000
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Geographic Focus
Where this funder awards grants
The foundation supports projects across multiple states and cities in the United States, including major metropolitan areas such as New York, San Francisco, and Miami. Geographic focus areas include: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Louisiana, Massachusetts, Minnesota, Missouri, Nevada, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Utah, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023)
- Total assets: $5.87 million
- Total revenue: $693,793
- Total expenses: $655,886
- Total liabilities: $0
Tax Status
- Tax-exempt since July 2007
- EIN: 20-3982052
- Required to file Form 990-PF
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,049,089 | $5,865,056 | $5,827,149 |
| Revenue | $897,360 | $693,793 | $649,652 |
| Expenses | $713,327 | $655,886 | $600,600 |
| Qualifying Distributions | $476,909 | $434,162 | $434,658 |
| Net Investment Income | $656,101 | $478,290 | $518,861 |
| Distributable Amount | $421,829 | $403,336 | $425,182 |
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
237 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include (the) Nature Conservancy ($25,000), (the) Lord's Place ($20,000), Adopt a Family of the Palm Beaches Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| (THE) BENJAMIN SCHOOL N PALM BEACH, FL | UNRESTRICTED | $7,000 |
| (THE) CONSERVATION FUND ARLINGTON, VA | UNRESTRICTED | $10,000 |
| (THE) LORD'S PLACE WEST PALM BEACH, FL | UNRESTRICTED | $20,000 |
| (THE) NATURE CONSERVANCY MAITLAND, FL | UNRESTRICTED | $25,000 |
| 1000 FRIENDS OF FLORIDA INC TALLAHASSEE, FL | UNRESTRICTED | $5,000 |
| ADOPT A FAMILY OF THE PALM BEACHES INC LAKE WORTH, FL | UNRESTRICTED | $20,000 |
| AMERICAN RED CROSS WASHINGTON, DC | UNRESTRICTED | $10,000 |
| AMERICARES STANFORD, CT | UNRESTRICTED | $10,000 |
| ANIMAL WELFARE INSTITUTE WASHINGTON, DC | UNRESTRICTED | $3,000 |
| AUDUBON FLORIDA (FLORIDAY AUDUBON) MIAMI, FL | UNRESTRICTED | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Harold S. Reed – President and Director (serves voluntarily without compensation)
- Kate M. Reed – Vice President and Director (serves voluntarily without compensation)
- Sara Schaffler – Secretary and Treasurer (serves voluntarily without compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HAROLD S REED | PRESIDENT & DIRECTOR | 0.25 | — |
| KATE M REED | VICE PRESIDENT & DIRECTOR | 0.25 | — |
| SARA SCHAFFLER | SECRETARY & TREASURER | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Harold and Kate Reed Family fund?
The foundation supports initiatives in the following areas: • **Education**: Elementary and secondary education, higher education, and undergraduate education • **Environment**: Environmental causes and conservation • **Animal Welfare**: The welfare of domesticated animals
How do I apply for a grant from The Harold and Kate Reed Family?
**Grant Activity (2023)** • Total giving: $429,000 • Number of grants: 84 • Median grant size: $3,000 • Grant range: $1,000–$25,000 • Annual giving rate: 7.3% of assets **Historical Giving Trends** • 2022: $422,000 in total giving across 68 grants (median $5,000) • 2023: $429,000 in total giving across 84 grants (median $3,000) **Application Policy** The foundation does not accept unsolicited applications and operates on an invite-only basis.
Where does The Harold and Kate Reed Family make grants?
The foundation supports projects across multiple states and cities in the United States, including major metropolitan areas such as New York, San Francisco, and Miami. Geographic focus areas include: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Louisiana, Massachusetts, Minnesota, Missouri, Nevada, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Utah, and Virginia.
What size grants does The Harold and Kate Reed Family award?
In 2024, The Harold and Kate Reed Family awarded 79 grants totaling $472K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Harold and Kate Reed Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Harold and Kate Reed Family reported a distributable amount of $422K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Harold and Kate Reed Family's EIN?
The Harold and Kate Reed Family's EIN (Employer Identification Number) is 20-3982052. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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