The Peter S Reed Foundation Inc
The Peter S Reed Foundation Inc is a New York, NY private foundation that supports artists working across a broad range of disciplines. Its website says the foundation was created by filmmaker and choreographer Peter S. Reed to financially benefit artists.
The Peter S Reed Foundation Inc at a glance
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.
- Annual giving (2025)
- $130,100
- -1.4% vs 2024
- Grants made (2025)
- 15
- -25.0% vs 2024
- Average grant
- $8,673
- +31.4% vs 2024
- Median grant
- $9,200
- Total assets
- $1,280,584
- -7.5% vs 2024
- Primary geography
- California (29% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Peter S Reed Foundation Inc
- How to Apply
-
The 2024 filing states that the foundation does not restrict giving to preselected organizations. It lists an application provided by the foundation and names Arne Svenson as the contact for the application process.
- Review Cycle
- The 2024 filing lists April 1. This is the deadline stated on that filing and is not confirmation of a current application cycle.
- Deadline
- The 2024 filing lists April 1.
- Contact
Application contact: Arne Svenson
Mailing address: 125 Watts Street, New York, NY 10013
Phone: (212) 966-1507
Website: https://www.petersreedfoundation.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Peter S Reed Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
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
The most common grant size was under $50K: 89 grants of 89 (100%).
Geographic Focus
Where this funder awards grants
The 2025 filing reports that grant dollars went to recipients in multiple states. The largest shares were in California (29%), Minnesota (12%), New York (11%), New Mexico (9%), and North Carolina (8%).
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $109K (2023) to $150K (2020). In 2025 it made 15 grants totaling $130K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 14 grants to individuals Recipients not named | — | $126,500 |
| The Lake Placid Association for Music Drama and Art Inc Lake Placid, NY | Frances Murdock Fund | $3,600 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,280,584 | $78,213 | $183,037 | $130,100 | 15 | $154,828 | $50,004 | $96,693 |
| 2024 | $1,385,158 | $104,681 | $161,958 | $132,000 | 20 | $145,308 | $88,031 | $89,455 |
| 2023 | $1,442,435 | $80,528 | $152,683 | $109,000 | 16 | $131,483 | $59,328 | $87,002 |
| 2022 | $1,514,590 | $148,780 | $179,374 | $138,200 | 17 | $149,508 | $126,414 | $101,503 |
| 2021 | $1,545,190 | $363,133 | $181,059 | $140,200 | 21 | — | $334,572 | $96,575 |
| 2020 | $1,361,339 | $66,248 | $192,200 | $150,000 | 21 | — | $37,011 | $97,207 |
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.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated purpose is to financially benefit artists. Its website describes awards to individual artists across diverse disciplines. The 2024 filing lists restrictions of “for the performing, visual and literary arts.”
Grantmaking
In 2025, the foundation gave 15 grants totaling $130,100. Grants ranged from $3,600 to $11,100, with a median of $9,200. The largest listed awards went to individual recipients for weaving ($11,100), filmmaking ($10,500), mixed media ($10,500), sculpture ($9,900), and photography ($9,900).
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; Rosalind Lichter Esq as secretary and director; and David Ebony, Quinn Tivey, and Alex Gilbert as directors. Alex Gilbert’s listed service began 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
The highest reported compensation on the 2025 filing was $18K, to Arne Svenson (President, Director).
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 describes awards to individual artists across diverse disciplines. The 2024 filing lists restrictions of “for the performing, visual and literary arts.” See mission & focus areas ↑
How do I apply for a grant from The Peter S Reed Foundation Inc?
The 2024 filing states that the foundation does not restrict giving to preselected organizations. 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.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 18, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 2, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
Live grants for the work The Peter S Reed Foundation Inc funds
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