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Reed Family Foundation Inc. is a private corporation based in COLLEGE GROVE, TN. The foundation received its IRS ruling in 2018. It holds total assets of $17K. Annual income is reported at $26K. Total assets have grown from $5K in 2019 to $18K in 2024. The foundation is governed by 3 officers and trustees. Direct Support of one Charitable Organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. According to available records, Reed Family Foundation Inc. has made 9 grants totaling $43K, with a median grant of $5K. Annual giving has decreased from $15K in 2021 to $3K in 2023. Grantmaking activity was highest in 2022 with $25K distributed across 6 grants. Individual grants have ranged from $500 to $15K, with an average award of $5K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Tennessee, California, South Carolina, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Direct Support of one Charitable Organizations
Expenses: $26K
Direct Support of one Charitable Organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in TN, CA, SC.
Reed Family Foundation Inc. has distributed a total of $43K across 9 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $500 to $15K.
Reed Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Reed Family Foundation Inc. is headquartered in COLLEGE GROVE, TN. While based in TN, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Reed | Director | $0 | $0 | N/A |
| George Reed | Director | $0 | $0 | N/A |
| Stacie Reed | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$18K
Fair Market Value
N/A
Net Worth
$18K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$43K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Groveunrestricted | College Grove, TN | $2K | 2022 |
| Crosspoint Churchunrestricted | Nashville, TN | $3K | 2023 |
| Missionscapeunrestricted | Meridian, MS | $500 | 2023 |
| Palmetto Street Church Of Godunrestricted | Florence, SC | $5K | 2022 |
| Movember FundationUnrestricted | Santa Monica, CA | $15K | 2021 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN