William E & Mary S Reed Living Trust U-a

Private foundation · Grantmaker Dallas, TX EIN: 85-6080533

William E & Mary S Reed Living Trust U-a is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2025. In 2025, it awarded 1 grant totaling $687K. Net investment income was $131K.

Key facts about William E & Mary S Reed Living Trust U-a

In short: William E & Mary S Reed Living Trust U-a gave $687K across 1 grant in 2025 (avg $687K), mostly in New Mexico. Source: 2025 IRS Form 990-PF.

EIN
85-6080533
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$686,972
Grants made (2025)
1
Average grant
$686,972
Median grant
$686,972
Primary geography
New Mexico (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$687K

+2750.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$687K

+2750.3% YoY

Under IRS private-foundation payout rules, William E & Mary S Reed Living Trust U-a reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.

How William E & Mary S Reed Living Trust U-a gives

  • Giving grew 2370% from 2022 to 2025. Method
  • In 2025 it paid out well above 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

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

AlbuquerqueOgden

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K3 grants2020 3 grants2021 3 grants2022 3 grants2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $253 (2023) to $687K (2025). In 2025 it made 1 grant totaling $687K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Presbyterian Healthcare Foundation: $687KPresbyterian HealthcareFoundation$687K

The largest 2025 recipient was Presbyterian Healthcare Foundation ($687K).

Grant Size Distribution

11 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 11 (91%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Presbyterian Healthcare Foundation Albuquerque, NMUnrestricted General$686,972

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets—$561,886$523,116
Revenue$136,672$48,903$18,951
Expenses$699,055$37,838$10,072
Qualifying Distributions$690,177$30,542$3,891
Net Investment Income$130,530$41,217$10,788
Distributable Amount$31,685$61,476$27,740

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 3, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 29, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 26, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 24, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 24, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)

Leadership & Key People

Officers and directors from IRS filings

William E & Mary S Reed Living Trust U-a's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2021

    1 hr/week

    $9K (2021) → $6K (2025)

Former officers (1)
  • Former: Bank Of America N A (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $6KBank of AmericaTrustee$6K

The highest reported compensation on the 2025 filing was $6K, to Bank of America (Trustee).

Frequently asked questions about William E & Mary S Reed Living Trust U-a

How much does William E & Mary S Reed Living Trust U-a give each year?

William E & Mary S Reed Living Trust U-a gave $687K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 1 grant.

Where does William E & Mary S Reed Living Trust U-a operate?

William E & Mary S Reed Living Trust U-a has awarded grants in New Mexico, Utah.

How much is William E & Mary S Reed Living Trust U-a required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, William E & Mary S Reed Living Trust U-a reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William E & Mary S Reed Living Trust U-a's EIN?

William E & Mary S Reed Living Trust U-a's EIN (Employer Identification Number) is 85-6080533. IRS Form 990 filing data is available on this page for 2020–2025.

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

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