The Reed Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in THE HILLS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $472K in total assets. In 2024, it awarded 19 grants totaling $30K. Net investment income was $96K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$472K
+12.7% YoY
Annual Giving
$30K
+190.2% YoY
Grant Count
19
+72.7% YoY
Avg Grant Size
$2K
+68.0% YoY
Under IRS private-foundation payout rules, The Reed Family Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About The Reed Family Foundation
Based on IRS filings
The Reed Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in THE HILLS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $472K in total assets. In 2024, it awarded 19 grants totaling $30K. Net investment income was $96K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $471,508 | $418,335 | $417,672 |
| Revenue | $100,960 | $16,815 | $17,577 |
| Expenses | $47,932 | $30,353 | $44,461 |
| Qualifying Distributions | $42,300 | $29,571 | $32,250 |
| Net Investment Income | $95,793 | $16,192 | $11,471 |
| Distributable Amount | $24,238 | $22,662 | $25,565 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Andrew's School Foundation ($5,000), Word on Fire Catholic Ministries ($2,500), American Camp Association ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN CAMP ASSOCIATION MARTINSVILLE, IN | TO ENRICH THE LIVES OF CHILDREN, YOUTH, AND ADULTS THROUGH THE CAMP EXPERIENCE | $2,000 |
| AUSTIN PUBLIC EDUCATION FOUNDATION AUSTIN, TX | TO SUPPORT AND ENHANCE EDUCATIONAL EXCELLENCE IN AUSTIN'S PUBLIC SCHOOLS | $1,000 |
| SOCIAL GOOD FUND RICHMOND, CA | SUPPORT ART, ENVIRONMENTAL PROJECTS AND PROVIDE FISCAL SPONSORSHIPS TO CHARITABLE CAUSES | $2,000 |
| ICAN HOUSTON, TX | SUPPORT TRANSPARENCY, AND ACCOUNTABILITY IN PUBLIC HEALTH AND MEDICAL DECISIONS | $1,250 |
| WAPOA CROSSLAKE, MN | ENVIRONMENTAL PROTECTION | $500 |
| ST ANDREW'S SCHOOL FOUNDATION AUSTIN, TX | SUPPORT EDUCATION | $5,000 |
| FRIENDS OF THE PARKS AUSTIN, TX | ENVIRONMENTAL PROTECTION | $250 |
| ABBY'S HOUSE WORCESTER, MA | PROVIDE HOUSING FOR WOMEN & CHILDREN | $2,000 |
| WESTBOROUGH FOOD PANTRY WESTBOROUGH, MA | SUPPORT FOOD SHELF | $2,000 |
| STARK MOUNTAIN FOUNDATION WAITSFIELD, VT | ENVIRONMENTAL PROTECTION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLAYTON REED | PRESIDENT | 3 | $6,000 |
| STEPHANIE S REED | CFO | 3 | $6,000 |
| JEFFREY REED | DIRECTOR | 1 | — |
| JESSIE REED | DIRECTOR | 1 | — |
| STEPHANIE T REED | DIRECTOR | 1 | — |
| TRAVIS REED | DIRECTOR | 1 | — |
| CHRISSY REED | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Reed Family Foundation?
The Reed Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in THE HILLS, TX. It holds $472K in total assets as of 2024.
How large is The Reed Family Foundation?
As of 2024, The Reed Family Foundation holds $472K in total assets with $101K in annual revenue. It awarded 19 grants totaling $30K in 2024.
Where does The Reed Family Foundation operate?
The Reed Family Foundation has awarded grants in California, District of Columbia, Illinois, Indiana, Massachusetts, Minnesota, New York, Pennsylvania, Texas, Virginia, Vermont.
What size grants does The Reed Family Foundation award?
In 2024, The Reed Family Foundation awarded 19 grants totaling $30K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Reed Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Reed Family Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Reed Family Foundation's EIN?
The Reed Family Foundation's EIN (Employer Identification Number) is 77-0559688. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Reed Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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