The Harold and Kate Reed Family

Private foundation · Grantmaker Minneapolis, MN EIN: 20-3982052

The Harold and Kate Reed Family is a private foundation based in Minneapolis, Minnesota, that makes grants to charitable organizations. Its 2024 filing reports 79 grants totaling $471,500.

The Harold and Kate Reed Family at a glance

In short: The Harold and Kate Reed Family gave $472K across 79 grants in 2024 (avg $6K), top state Florida. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$471,500
+9.8% vs 2023
Grants made (2024)
79
-7.1% vs 2023
Average grant
$5,968
+18.2% vs 2023
Median grant
$5,000
Total assets
$6,049,089
+3.1% vs 2023
New grantees (estimate)
16% first-time grantees (13 of 79, 2024)
Primary geography
Florida (47% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Harold and Kate Reed Family

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: PO Box 5628, Minneapolis, MN 55440-5628
Phone: (952) 674-2852

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Harold and Kate Reed Family funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

(The) Nature Conservancy: $25K(The) Nature Conservancy$25K(The) Lord's Place: $20K(The) Lord's Place$20KAdopt a Family of the Palm Beaches Inc: $20KAdopt a Family of the PalmBeaches Inc$20KCommonbond Communities: $20KCommonbond Communities$20KCros Ministries-Christians Reaching Out to Society Inc: $20KCros Ministries-ChristiansReaching Out to Society Inc$20KFeed the Hungry Pantry of Palm Beach County: $20KFeed the Hungry Pantry of PalmBeach County$20KHobe Sound Community Chest: $15KHobe Sound Community Chest$15KWorld Wildlife Fund: $15KWorld Wildlife Fund$15KPorter-Gaud Foundation: $13KPorter-Gaud Foundation$13KFeeding America: $11KFeeding America$11K

The largest 2024 recipient was (The) Nature Conservancy ($25K). Together the top 10 received $179K.

Grant Size Distribution

328 grants across all recorded years

326<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 326 grants of 328 (99%).

Geographic Focus

Where this funder awards grants

In 2024, Florida accounted for 47% of grant dollars, followed by the District of Columbia at 7%, South Carolina and Minnesota at 6% each, and Rhode Island at 5%. Listed recipients also included organizations in other states, such as Illinois, Virginia, Colorado, and Arkansas.

Grant Distribution by State

22states

Share of 2024 grant dollars across all 79 itemized grants.

Cities

Hobe SoundWashingtonCharlestonWest Palm BeachStuartMiamiPalm Beach GardensNew YorkLake WorthArlingtonChicagoPalm BeachHigh PointJensen BeachJupiterMinneapolisN Palm BeachNorth Palm BeachPahokeeSanta Barbara

Is The Harold and Kate Reed Family open to new grantees?

16%

first-time grantees, 2024

In 2024, 13 of 79 grantees (16%) were first-time recipients. First grants averaged $4K; repeat grants $6K. How we count

Medians: $5K first-time, $5K repeat.

  • 82% of 2024 grantees were also funded in 2023. Method
  • Giving grew 43% from 2021 to 2024. Method
  • In 2024 it paid out 113% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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

$0$200K$400K$600K37 grants2020 58 grants2021 69 grants2022 85 grants2023 79 grants2024

From 2020 to 2024, annual grant giving ranged from $330K (2021) to $472K (2024). In 2024 it made 79 grants totaling $472K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
(The) Nature Conservancy Maitland, FLUnrestricted$25,000
(The) Lord's Place West Palm Beach, FLUnrestricted$20,000
Adopt a Family of the Palm Beaches Inc Lake Worth, FLUnrestricted$20,000
Commonbond Communities St. Paul, MNUnrestricted$20,000
Cros Ministries-Christians Reaching Out to Society Inc Lake Worth, FLUnrestricted$20,000
Feed the Hungry Pantry of Palm Beach County Palm Beach Gardens, FLUnrestricted$20,000
Hobe Sound Community Chest Hobe Sound, FLUnrestricted$15,000
World Wildlife Fund Washington, DCUnrestricted$15,000
Porter-Gaud Foundation Charleston, SCUnrestricted$12,500
Feeding America Chicago, ILUnrestricted$11,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$6,049,089$897,360$713,327$471,50079$476,909$656,101$421,829
2023$5,865,056$693,793$655,886$429,25085$434,162$478,290$403,336
2022$5,827,149$649,652$600,600$427,00069$434,658$518,861$425,182
2021$5,778,097$1,489,024$425,104$330,00058$337,444$464,000$436,474
2020$5,111,054$110,181$470,995$342,00037—$37,211$337,841

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants include support for organizations working in conservation, housing and homelessness services, community programs, education, and food access. These are examples of the grantees’ work, not stated focus areas of the foundation.

For example, The Lord’s Place describes its work as breaking the cycle of homelessness through housing and supportive services. CommonBond Communities says it provides affordable homes and services to families, seniors, and people with disabilities. World Wildlife Fund says its mission is to conserve nature and reduce threats to the diversity of life on Earth. Feeding America describes its mission as advancing equitable access to nutritious food.

Grantmaking

In 2024, the foundation made 79 grants totaling $471,500. Grants ranged from $1,000 to $25,000, with a median of $5,000. The largest listed award was $25,000 to The Nature Conservancy. Other notable grants included $20,000 each to The Lord’s Place, Adopt a Family of the Palm Beaches, CommonBond Communities, CROS Ministries, and Feed the Hungry Pantry of Palm Beach County; and $15,000 each to Hobe Sound Community Chest and World Wildlife Fund. The listed grants were designated unrestricted.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Harold S. Reed as president and director, Kate M. Reed as vice president and director, and Sara Schaffler as secretary and treasurer.

The Harold and Kate Reed Family is led by Harold S. Reed, President & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Harold S. Reed

    President & Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Kate M. Reed

    Vice President & Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Sara Schaffler

    Secretary & Treasurer

    On filings since 2022

    0.3 hrs/week

    No compensation reported

Former officers (1)
  • Former: Michella L. Johnson (2020–2021) — Secretary & Treasurer

Data from IRS Form 990 filings, 2020–2024. "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 The Harold and Kate Reed Family

How much does The Harold and Kate Reed Family give each year?

The Harold and Kate Reed Family gave $472K across 79 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $429K across 85 grants.

What is The Harold and Kate Reed Family's typical grant size?

The Harold and Kate Reed Family's median grant in 2024 was $5,000, and its average grant was $5,968, across 79 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Harold and Kate Reed Family that year got $4K on average.

Where does The Harold and Kate Reed Family give grants?

The Harold and Kate Reed Family's top state is Florida, with 47% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (7%) and South Carolina (6%). The most frequent recipient cities were Hobe Sound, FL (7 grants), Washington, DC (6 grants), Charleston, SC (5 grants) and West Palm Beach, FL (3 grants).

Does The Harold and Kate Reed Family give general operating support?

Yes: 100% of The Harold and Kate Reed Family's 2024 grants with a stated purpose (79 of 79) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Harold and Kate Reed Family's largest grantees?

The Harold and Kate Reed Family's largest 2024 grantees include (The) Nature Conservancy ($25,000), (The) Lord's Place ($20,000) and Adopt a Family of the Palm Beaches Inc ($20,000), according to its 2024 IRS Form 990-PF. Together they received 14% of its itemized 2024 grant dollars.

How large is The Harold and Kate Reed Family?

The Harold and Kate Reed Family reported $6.0M in total assets on its 2024 IRS Form 990-PF. It paid out $477K in qualifying distributions that year, against a required minimum of $422K (roughly 5% of its investment assets).

What does The Harold and Kate Reed Family fund?

No mission statement for the foundation is provided. Its 2024 grants include support for organizations working in conservation, housing and homelessness services, community programs, education, and food access. These are examples of the grantees’ work, not stated focus areas of the foundation. See mission & focus areas ↑

How do I apply for a grant from The Harold and Kate Reed Family?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Does The Harold and Kate Reed Family accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Harold and Kate Reed Family funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-harold-and-kate-reed-family-morg_f3066908e45c4cc4a21273084409e2a7

BibTeX
@misc{grantable_203982052_2026,
  author       = {{Grantable}},
  title        = {{The Harold and Kate Reed Family funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-harold-and-kate-reed-family-morg_f3066908e45c4cc4a21273084409e2a7},
  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 The Harold and Kate Reed Family'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.

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