The Reed-George Foundation Inc

Private foundation · Grantmaker Bastrop, TX EIN: 75-2827105

The Reed-George Foundation Inc is a private foundation, based in Bastrop, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. Net investment income was $9K.

Key facts about The Reed-George Foundation Inc

EIN
75-2827105
Latest 990 filing
Form 990-PF, 2024
Total assets
$2,936,679

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+14010.5% YoY

Revenue

$10K

+863.1% YoY

Net Investment Income

$9K

+1504.3% YoY

Expenses

$390

-8.0% YoY

Under IRS private-foundation payout rules, The Reed-George Foundation Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5K$10K$15K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,936,679$20,812$19,846
Revenue$9,631$1,000$293
Expenses$390$424$65
Net Investment Income$9,241$576$228
Distributable Amount$12,950$993$969

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

The Reed-George Foundation Inc is led by Kirk E. George, Co-Trustee on every filing since 2022 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Kirk E. George

    Co-Trustee

    On filings since 2022

    4 hrs/week

    No compensation reported

Former officers (1)
  • Former: Rita Reed George (2020–2021) — President

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 Reed-George Foundation Inc

How large is The Reed-George Foundation Inc?

The Reed-George Foundation Inc reported $2.9M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $10K.

How much is The Reed-George Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Reed-George Foundation Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Reed-George Foundation Inc's EIN?

The Reed-George Foundation Inc's EIN (Employer Identification Number) is 75-2827105. IRS Form 990 filing data is available on this page for 2020–2024.

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

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