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Reed Charitable Foundation is a private trust based in FRISCO, TX. The foundation received its IRS ruling in 1997. The principal officer is James Wesley Reed Iii. It holds total assets of $1.1M. Annual income is reported at $273K. Total assets have decreased from $3.2M in 2011 to $1.5M in 2022. The foundation is governed by 3 officers and trustees. 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 2022. The foundation primarily funds organizations in Missouri and South Carolina. According to available records, Reed Charitable Foundation has made 6 grants totaling $1.1M, with a median grant of $25K. Individual grants have ranged from $1K to $500K, with an average award of $175K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Missouri and South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$25K
Average Grant
$175K
Largest Grant
$500K
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.
Reed Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MO, SC.
Reed Charitable Foundation has distributed a total of $1.1M across 6 grants. The median grant size is $25K, with an average of $175K. Individual grants have ranged from $1K to $500K.
Reed Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Reed Charitable Foundation is headquartered in FRISCO, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nellie Rosalie Reed | ADVISORY COMMITTEE | $0 | $0 | N/A |
| Lyle D Reed | ADVISORY COMMITTEE | $0 | $0 | N/A |
| James W Reed Iii | TRUSTEE | $0 | $0 | N/A |
Total Giving
$547K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$526K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$48K
Total: $1.4M
Total Grants
6
Total Giving
$1.1M
Average Grant
$175K
Median Grant
$25K
Unique Recipients
3
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Drury UniversityEDUCATION | Springfield, MO | $500K | 2022 |
| Columbia International UniversityEDUCATION | Columbia, SC | $25K | 2022 |
| Td Donkey RescueANIMAL RESCUE | Liberal, MO | $1K | 2022 |