The Reid Family Foundation

Private foundation · Grantmaker Elk Rapids, MI EIN: 91-2082304

The Reid Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in Elk Rapids, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 1 grant totaling $1K. Net investment income was $753K.

Key facts about The Reid Family Foundation

In short: The Reid Family Foundation gave $1K across 1 grant in 2024 (avg $1K), mostly in Virginia. Source: 2024 IRS Form 990-PF.

EIN
91-2082304
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,400
Grants made (2024)
1
Average grant
$1,400
Median grant
$1,400
Total assets
$3,584,502
Primary geography
Virginia (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

+17.0% YoY

Annual Giving

$1K

Grant Count

1

Avg Grant Size

$1K

Under IRS private-foundation payout rules, The Reid Family Foundation reported a distributable amount of $256K for 2024 — the minimum it must pay out in qualifying distributions.

How The Reid Family Foundation gives

  • Giving fell 99% from 2021 to 2024. Method
  • In 2024 it paid out 109% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of the 2024 grant dollars on its one itemized grant.

Cities

San FranciscoAlexandriaClarkstonElk RapidsLivoniaPortlandRochesterTigardWest Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K4 grants2020 2 grants2021 3 grants2022 0 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $1K (2024) to $203K (2021). In 2024 it made 1 grant totaling $1K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

United Way World Wide: $1KUnited Way World Wide$1K

The largest 2024 recipient was United Way World Wide ($1K).

Grant Size Distribution

10 grants across all recorded years

9<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 10 (90%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United Way World Wide Alexandria, VAImprove Live of Citizens$1,400

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,584,502$3,064,431$3,245,645
Revenue$810,690$180,595$79,622
Expenses$287,051$287,626$187,711
Qualifying Distributions$279,051$279,619$179,461
Net Investment Income$753,111$107,111$86,278
Distributable Amount$255,865$219,050$208,918

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 Reid Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Megan Grant

    Director

    On filings since 2020

    No compensation reported

  • Nathan Grant

    Director

    On filings since 2020

    No compensation reported

  • Sharon R. Grant

    Director

    On filings since 2020

    No compensation reported

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 Reid Family Foundation

How much does The Reid Family Foundation give each year?

The Reid Family Foundation gave $1K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.

How large is The Reid Family Foundation?

The Reid Family Foundation reported $3.6M in total assets on its 2024 IRS Form 990-PF. It paid out $279K in qualifying distributions that year, against a required minimum of $256K (roughly 5% of its investment assets).

What is The Reid Family Foundation?

The Reid Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in Elk Rapids, MI. It holds $3.6M in total assets as of 2024.

Where does The Reid Family Foundation operate?

The Reid Family Foundation has awarded grants in California, Florida, Michigan, Oregon, Virginia.

What is The Reid Family Foundation's EIN?

The Reid Family Foundation's EIN (Employer Identification Number) is 91-2082304. 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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