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John C Reed Iv And Margaret Hanson Reed Fund is a private trust based in BROOKLYN, OH. The foundation received its IRS ruling in 2008. The principal officer is Keybank Na. It holds total assets of $2.5M. Annual income is reported at $240K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Ohio. According to available records, John C Reed Iv And Margaret Hanson Reed Fund has made 12 grants totaling $640K, with a median grant of $43K. Annual giving has grown from $149K in 2020 to $341K in 2022. Individual grants have ranged from $37K to $85K, with an average award of $53K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
Smallest Grant
$37K
Median Grant
$37K
Average Grant
$50K
Largest Grant
$75K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
John C Reed Iv And Margaret Hanson Reed Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in OH.
John C Reed Iv And Margaret Hanson Reed Fund has distributed a total of $640K across 12 grants. The median grant size is $43K, with an average of $53K. Individual grants have ranged from $37K to $85K.
John C Reed Iv And Margaret Hanson Reed Fund typically selects its grantees rather than accepting unsolicited proposals.
John C Reed Iv And Margaret Hanson Reed Fund is headquartered in BROOKLYN, OH.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keybank N A | TRUSTEE | $32K | $0 | $32K |
Total Giving
$182K
Total Assets
$2.5M
Fair Market Value
$3M
Net Worth
$2.5M
Grants Paid
$149K
Contributions
N/A
Net Investment Income
$84K
Distribution Amount
$140K
Total Grants
12
Total Giving
$640K
Average Grant
$53K
Median Grant
$43K
Unique Recipients
3
Most Common Grant
$43K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian Church Of TiffinGENERAL OPERATING | Tiffin, OH | $85K | 2022 |
| Heidelberg CollegeGENERAL OPERATING | Tiffin, OH | $43K | 2022 |
| Tiffin UniversityGENERAL OPERATING | Tiffin, OH | $43K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH