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Also known as: C/O CENTRAL BANK & TRUST CO
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John Reed Charitable Residuary Trust is a private trust based in LEXINGTON, KY. The foundation received its IRS ruling in 2003. The principal officer is Jpmorgan Chase Bank Na. It holds total assets of $2.2M. Annual income is reported at $636K. 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 2018 to 2023. The foundation primarily funds organizations in Kentucky and Florida. According to available records, John Reed Charitable Residuary Trust has made 18 grants totaling $427K, with a median grant of $26K. Annual giving has grown from $129K in 2021 to $298K in 2022. Individual grants have ranged from $13K to $30K, with an average award of $24K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Kentucky and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$13K
Median Grant
$26K
Average Grant
$22K
Largest Grant
$26K
Based on 6 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 Reed Charitable Residuary Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in KY, FL.
John Reed Charitable Residuary Trust has distributed a total of $427K across 18 grants. The median grant size is $26K, with an average of $24K. Individual grants have ranged from $13K to $30K.
John Reed Charitable Residuary Trust typically selects its grantees rather than accepting unsolicited proposals.
John Reed Charitable Residuary Trust is headquartered in LEXINGTON, KY. While based in KY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Central Bank Trust | TRUSTEE | $5K | $0 | $5K |
Total Giving
$163K
Total Assets
$2.2M
Fair Market Value
$2.8M
Net Worth
$2.2M
Grants Paid
$133K
Contributions
N/A
Net Investment Income
$202K
Distribution Amount
$127K
Total: $2.2M
Total Grants
18
Total Giving
$427K
Average Grant
$24K
Median Grant
$26K
Unique Recipients
6
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bluegrass Council Of Boy ScoutsGENERAL | Lexington, KY | $30K | 2022 |
| Shriners Hospital For ChildrenGENERAL | Orlando, FL | $30K | 2022 |
| Central Christian ChurchGENERAL | Lexington, KY | $30K | 2022 |
| Transylvania UniversityGENERAL | Lexington, KY | $30K | 2022 |
| Lexington Humane SocietyGENERAL | Lexington, KY | $15K | 2022 |
| Hospice Of The Bluegrass Attn Susan M WareGENERAL | Lexington, KY | $15K | 2022 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY