Tua Herbert W Reed Charitable

DALLAS, TX EIN: 30-6737940

Tua Herbert W Reed Charitable is a private foundation, based in DALLAS, TX. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $399K in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $36K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$399K

+8.2% YoY

Annual Giving

$5K

+152.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$3K

+152.3% YoY

Under IRS private-foundation payout rules, Tua Herbert W Reed Charitable reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Tua Herbert W Reed Charitable

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $7K (100%)

States

Massachusetts

Cities

SpringfieldWare

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$398,695	$368,610
Revenue	$38,524	$403,752
Expenses	$8,007	$2,161
Qualifying Distributions	$5,917	$1,990
Net Investment Income	$36,451	$3,431
Distributable Amount	$22,112	$5,619

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Young Men's Library Association ($3,789), Baystate Health Foundation Inc ($1,216).

Recipient	Purpose	Amount
YOUNG MEN'S LIBRARY ASSOCIATION WARE, MA	UNRESTRICTED GENERAL	$3,789
BAYSTATE HEALTH FOUNDATION INC SPRINGFIELD, MA	UNRESTRICTED GENERAL	$1,216

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA N A	TRUSTEE	1	$467

Frequently Asked Questions

How large is Tua Herbert W Reed Charitable?

As of 2024, Tua Herbert W Reed Charitable holds $399K in total assets with $39K in annual revenue. It awarded 2 grants totaling $5K in 2024.

Where does Tua Herbert W Reed Charitable operate?

Tua Herbert W Reed Charitable has awarded grants in Massachusetts.

What size grants does Tua Herbert W Reed Charitable award?

In 2024, Tua Herbert W Reed Charitable awarded 2 grants totaling $5K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Tua Herbert W Reed Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Tua Herbert W Reed Charitable reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.