The Reed Foundation
The Reed Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $827K in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$827K
-3.7% YoY
Annual Giving
$60K
+17.6% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$20K
+17.6% YoY
Under IRS private-foundation payout rules, The Reed Foundation reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.
About The Reed Foundation
Based on IRS filings
The Reed Foundation is a private foundation, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $827K in total assets. In 2024, it awarded 3 grants totaling $60K. Net investment income was $28K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $826,823 | $858,159 | $815,344 |
| Revenue | $139,453 | $165,965 | $420,141 |
| Expenses | $171,346 | $123,150 | $71,366 |
| Qualifying Distributions | $60,000 | $51,000 | $62,783 |
| Net Investment Income | $28,107 | $101,115 | $411,726 |
| Distributable Amount | $62,649 | $52,810 | $50,977 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hargrave Military Academy ($25,000), Lemonade Day Houston ($20,000), Saving the Youth ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SAVING THE YOUTH KATY, TX | GENERAL SUPPORT | $15,000 |
| HARGRAVE MILITARY ACADEMY CHATHAM, VA | GENERAL SUPPORT | $25,000 |
| LEMONADE DAY HOUSTON HOUSTON, TX | GENERAL SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN REED | President | 10 | — |
Frequently Asked Questions
How large is The Reed Foundation?
As of 2024, The Reed Foundation holds $827K in total assets with $139K in annual revenue. It awarded 3 grants totaling $60K in 2024.
Where does The Reed Foundation operate?
The Reed Foundation has awarded grants in Pennsylvania, Texas, Virginia, West Virginia.
What size grants does The Reed Foundation award?
In 2024, The Reed Foundation awarded 3 grants totaling $60K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Reed Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Reed Foundation reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Reed Foundation's EIN?
The Reed Foundation's EIN (Employer Identification Number) is 76-0414404. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Reed 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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