//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Reid Fam Foundation is a private corporation based in LOCKPORT, NY. The foundation received its IRS ruling in 1995. The principal officer is Paul D Reid. It holds total assets of $594K. Annual income is reported at $144K. Total assets have grown from $373K in 2011 to $516K in 2023. The foundation is governed by 14 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in New York, Virginia and South Carolina. According to available records, Reid Fam Foundation has made 29 grants totaling $68K, with a median grant of $1K. Annual giving has decreased from $40K in 2022 to $29K in 2023. Individual grants have ranged from $500 to $10K, with an average award of $2K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in New York and Virginia and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$1K
Average Grant
$2K
Largest Grant
$10K
Based on 9 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.
Reid Fam Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in NY, VA, CA.
Reid Fam Foundation has distributed a total of $68K across 29 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $10K.
Reid Fam Foundation typically selects its grantees rather than accepting unsolicited proposals.
Reid Fam Foundation is headquartered in LOCKPORT, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven T Reid | TREASURER | $0 | $0 | N/A |
| Joseph Platania | DIRECTOR | $0 | $0 | N/A |
| Meredith Harris | DIRECTOR | $0 | $0 | N/A |
| Thomas Palmer | DIRECTOR | $0 | $0 | N/A |
| David Cervi | DIRECTOR | $0 | $0 | N/A |
| Robert W Reid | SECRETARY | $0 | $0 | N/A |
| Arnold Keller | DIRECTOR | $0 | $0 | N/A |
| Thomas Montante | DIRECTOR | $0 | $0 | N/A |
| Paul D Reid | PRESIDENT | $0 | $0 | N/A |
| James Bedard | DIRECTOR | $0 | $0 | N/A |
| Kathryn M Reid | VICE PRESIDENT | $0 | $0 | N/A |
| Michael Murray | DIRECTOR | $0 | $0 | N/A |
| Elizabeth Reid | DIRECTOR | $0 | $0 | N/A |
| John White | DIRECTOR | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$516K
Fair Market Value
$652K
Net Worth
$516K
Grants Paid
$29K
Contributions
$30K
Net Investment Income
$15K
Distribution Amount
$29K
Total: $221K
Total Grants
29
Total Giving
$68K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
12
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Junior Achievement Of WnyCHARITABLE | Buffalo, NY | $10K | 2023 |
| Lockport Locks Heritage District CorporationCHARITABLE | Lockport, NY | $5K | 2023 |
| The Leadership InstituteCHARITABLE | Arlington, VA | $3K | 2023 |
| The Fuel FoundationCHARITABLE | Fairfax, VA | $3K | 2023 |
| Desales Catholic SchoolCHARITABLE | Lockport, NY | $2K | 2023 |
| Lockport CarenetCHARATIBLE | Lockport, NY | $2K | 2023 |
| Lockport Robotics IncCHARITABLE | Lockport, NY | $2K | 2023 |
| Atlas NetworkCHARITABLE | Arlington, VA | $1K | 2023 |
| Foundation For Teaching EconomicsCHARITABLE | Davis, CA | $1K | 2023 |
| The Challenger Learning Center Of Orleans Niagara & Erie CountiesCHARITABLE | Lockport, NY | $750 | 2023 |
| Lockport High School DecaCHARITABLE | Lockport, NY | $500 | 2023 |
| Lockport Public Library Endowment FundCHARITABLE | Lockport, NY | $500 | 2022 |