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Reed Foundation is a private trust based in GILBERTSVILLE, KY. The foundation received its IRS ruling in 1990. The principal officer is David W Reed. It holds total assets of $2.6M. Annual income is reported at $854K. Total assets have decreased from $3.8M in 2011 to $2.6M in 2024. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Kentucky. According to available records, Reed Foundation has made 106 grants totaling $1.3M, with a median grant of $5K. The foundation has distributed between $193K and $584K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $584K distributed across 40 grants. Individual grants have ranged from $1K to $100K, with an average award of $13K. The foundation has supported 29 unique organizations. Grants have been distributed to organizations in Kentucky and Tennessee and Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$12K
Largest Grant
$100K
Based on 22 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 Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 106 grants. Its grantmaking reaches organizations primarily in KY, TN, AL.
Reed Foundation has distributed a total of $1.3M across 106 grants. The median grant size is $5K, with an average of $13K. Individual grants have ranged from $1K to $100K.
Reed Foundation typically selects its grantees rather than accepting unsolicited proposals.
Reed Foundation is headquartered in GILBERTSVILLE, KY. While based in KY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David W Reed | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.6M
Fair Market Value
N/A
Net Worth
$2.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
106
Total Giving
$1.3M
Average Grant
$13K
Median Grant
$5K
Unique Recipients
29
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyOPERATING BUDGET | Lexington, KY | $100K | 2023 |
| American Cancer SocietyOPERATING BUDGET | Birmingham, AL | $2K | 2023 |
| Hope ClinicOPERATING BUDGET | Benton, KY | $35K | 2023 |
| Christian Fellowship MinistriesOPERATING BUDGET | Benton, KY | $35K | 2023 |
| Marshall County Board Of Education-Mchs ScholarshipsSCHOLARSHIPS | Benton, KY | $26K | 2023 |
| Murray State University FoundationOPERATING BUDGET | Murray, KY | $25K | 2023 |
| Women Aware Inc(Merryman House)SUPPORT DOMESTIC ABUSE SHELTER | Paducah, KY | $20K | 2023 |
| The Family FoundationOPERATING BUDGET | Lexington, KY | $10K | 2023 |
| Marshall County Need LineOPERATING BUDGET | Benton, KY | $10K | 2023 |
| Kentucky Educational TelevisionOPERATING BUDGET | Lexington, KY | $5K | 2023 |
| Kentucky Technology Student AssociationOPERATING BUDGET | Frankfort, KY | $5K | 2023 |
| Lions Club TelethonOPERATING BUDGET | Paducah, KY | $5K | 2023 |
| Justice & Mercy InternationalOPERATING BUDGET | Nashville, TN | $5K | 2023 |
| Youth Services Fund Of Marshall County Rotary ClubOPERATING BUDGET | Benton, KY | $3K | 2023 |
| Gilbertsville Fire Protection DistOPERATING BUDGET | Gilbertsville, KY | $3K | 2023 |
| Livingston County High SchoolOPERATING BUDGET | Smithland, KY | $1K | 2023 |
| Children Hospital Of Vanderbilt UniversityOPERATING BUDGET | Nashville, TN | $1K | 2023 |
| Marshall County High SchoolOPERATING BUDGET | Benton, KY | $1K | 2023 |
| American Red Cross Of Lakeland AreaOPERATING BUDGET | Benton, KY | $1K | 2023 |
| Kentucky Sheriffs' Boys & Girls Ranch TrustOPERATING BUDGET | Gilbertsville, KY | $1K | 2023 |
| Luther F Carson Four Rivers CenterOPERATING BUDGET | Paducah, KY | $1K | 2023 |
| River City Missions IncOPERATING BUDGET | Paducah, KY | $1K | 2023 |
| Heartland MinistriesOPERATING BUDGET | Hardin, KY | $10K | 2022 |