The Peter S Reed Foundation Inc logo

The Peter S Reed Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 13-3036536 Website

The Peter S Reed Foundation Inc is a private foundation based in New York, NY. It financially benefits artists working across a broad range of disciplines, including painting, music, decorative arts, photography, performance, and filmmaking.

Key facts about The Peter S Reed Foundation Inc

In short: The Peter S Reed Foundation Inc gave $130K across 15 grants in 2025 (avg $9K), top state California. Source: 2025 IRS Form 990-PF.

EIN
13-3036536
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$130,100
Grants made (2025)
15
Average grant
$8,673
Median grant
$9,200
Total assets
$1,280,584
Primary geography
California (29% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation’s website says applications are by invitation only and that it does not accept unsolicited requests. Full details ↓
Deadline
April 1, as listed on the 2024 filing; this is a past cycle.

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.3M

-7.5% YoY

Annual Giving

$130K

-1.4% YoY

Grant Count

15

-25.0% YoY

Avg Grant Size

$9K

+31.4% YoY

Under IRS private-foundation payout rules, The Peter S Reed Foundation Inc reported a distributable amount of $97K for 2025 — the minimum it must pay out in qualifying distributions.

How The Peter S Reed Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−6%). Method
  • In 2025 it paid out 160% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Mission & Focus Areas

The foundation’s stated purpose is to financially benefit artists. Its website lists awards in fields including painting, music, decorative arts, photography, performance, and filmmaking. Its 2025 recipients also included artists working in mixed media, multimedia, sculpture, and weaving.

Grantmaking

In filing year 2025, the foundation reported 15 grants totaling $130,100. Grants ranged from $3,600 to $11,100, with a median of $9,200. The largest listed grants included $11,100 to Titus Cody for weaving; $10,500 each to Sara Dosa for filmmaking and Terumi Saito for mixed media; and $9,900 each to Matthew Byrd for sculpture and Tamara Reynolds for photography.

Review Cycle

April 1, as listed on the 2024 filing; this is a past cycle.

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Geographic Focus

Where this funder awards grants

The foundation is based in New York, NY. In filing year 2025, grant dollars went to recipients in multiple states; the largest reported shares were California (29%), Minnesota (12%), New York (11%), New Mexico (9%), and North Carolina (8%).

Grant Distribution by State

23states

Share of 2025 grant dollars across all 15 itemized grants.

Cities

Lake PlacidBrooklynNew YorkWoods HoleAkronBaltimoreBarrytownBerkeleyBirminghamBloomingtonBoyceBronxChicagoColumbusCraryvilleCrockettDetroitDowningtownEast HamptonFlintridge

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K21 grants2020 21 grants2021 17 grants2022 16 grants2023 20 grants2024 15 grants2025

From 2020 to 2025, annual grant giving ranged from $109K (2023) to $150K (2020). In 2025 it made 15 grants totaling $130K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The Lake Placid Association for Music Drama and Art Inc: $4KThe Lake Placid Associationfor Music Drama and Art Inc$4K

The largest 2025 recipient was The Lake Placid Association for Music Drama and Art Inc ($4K).

Organizations only. It also paid 14 grants to individuals ($126,500), which are not listed by name.

Grant Size Distribution

89 grants across all recorded years

89<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 89 grants of 89 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
14 grants to individuals Recipients not named —$126,500
The Lake Placid Association for Music Drama and Art Inc Lake Placid, NYFrances Murdock Fund$3,600

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,280,584 $78,213 $183,037 $130,100 (15 grants)
2024 $1,385,158 $104,681 $161,958 $132,000 (20 grants)
2023 $1,442,435 $80,528 $152,683 $109,000 (16 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,280,584$1,385,158$1,442,435
Revenue$78,213$104,681$80,528
Expenses$183,037$161,958$152,683
Qualifying Distributions$154,828$145,308$131,483
Net Investment Income$50,004$88,031$59,328
Distributable Amount$96,693$89,455$87,002

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 29, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 18, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 2, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Arne Svenson as president and director; Mark McDonald as treasurer and director; Foster A Reed as vice president and director; and Rosalind Lichter Esq as secretary and director. It also lists David Ebony, Quinn Tivey, and Alex Gilbert as directors, with Gilbert listed from April 4, 2025.

The Peter S Reed Foundation Inc is led by Arne Svenson, President & Director on every filing since 2020; 1 of 7 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Arne Svenson

    President & Director

    On filings since 2020

    10 hrs/week

    $13K (2020) → $18K (2025)

  • David Ebony

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Foster A. Reed

    Vice President & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark McDonald

    Treasurer & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Quinn Tivey

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rosalind Lichter Esq.

    Secretary & Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Alex Gilbert

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Dorothy Reed (2020–2023) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Arne Svenson — President, Director: $18KArne SvensonPresident, Director$18K

The highest reported compensation on the 2025 filing was $18K, to Arne Svenson (President, Director).

Contact

Application contact: Arne Svenson
Mailing address: 125 Watts Street, New York, NY 10013
Phone: (212) 966-1507
Website: https://www.petersreedfoundation.com

Frequently asked questions about The Peter S Reed Foundation Inc

How much does The Peter S Reed Foundation Inc give each year?

The Peter S Reed Foundation Inc gave $130K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $132K across 20 grants.

What is The Peter S Reed Foundation Inc's typical grant size?

The Peter S Reed Foundation Inc's median grant in 2025 was $9,200, and its average grant was $8,673, across 15 grants on its 2025 IRS Form 990-PF.

Where does The Peter S Reed Foundation Inc give grants?

The Peter S Reed Foundation Inc's top state is California, with 29% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Minnesota (12%) and New York (11%).

Does The Peter S Reed Foundation Inc give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on The Peter S Reed Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Photography" (4 grants), "Music" (3 grants) and "Mixed Media" (3 grants).

How large is The Peter S Reed Foundation Inc?

The Peter S Reed Foundation Inc reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $155K in qualifying distributions that year, against a required minimum of $97K (roughly 5% of its investment assets).

What does The Peter S Reed Foundation Inc fund?

The foundation’s stated purpose is to financially benefit artists. Its website lists awards in fields including painting, music, decorative arts, photography, performance, and filmmaking. Its 2025 recipients also included artists working in mixed media, multimedia, sculpture, and weaving. See mission & focus areas ↑

How do I apply for a grant from The Peter S Reed Foundation Inc?

The foundation’s website says applications are by invitation only and that it does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Peter S Reed Foundation Inc's EIN?

The Peter S Reed Foundation Inc's EIN (Employer Identification Number) is 13-3036536. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Peter S Reed Foundation Inc accept unsolicited proposals?

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

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

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