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Filing year 2024

REED FOUNDATION

Gilbertsville, Kentucky·EIN 61-1189284·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$527k
Total assets
$2.6M
Total expenses
$420k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. REED FOUNDATION reported 1 unpaid officer or board member on its 990-PF.

Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$383k

Itemized grants

23

Median grant

$5k

RecipientLocationPurposeAmount
MARSHALL COUNTY HEALTHCARE FOUNDATIONBENTON, KYOPERATING BUDGET$100k
UNIVERSITY OF KENTUCKYLEXINGTON, KYOPERATING BUDGET$100k
CHRISTIAN FELLOWSHIP MINISTRIESBENTON, KYOPERATING BUDGET$40k
JUSTICE & MERCY INTERNATIONALNASHVILLE, TNOPERATING BUDGET$30k
WOMEN AWARE INC(MERRYMAN HOUSE)PADUCAH, KYSUPPORT DOMESTIC ABUSE SHELTER$25k
MARSHALL COUNTY BOARD OF EDUCATION-MCHS SCHOLARSHIPSBENTON, KYSCHOLARSHIPS$19k
HOPE CLINICBENTON, KYOPERATING BUDGET$10k
MARSHALL COUNTY NEED LINEBENTON, KYOPERATING BUDGET$10k
THE FAMILY FOUNDATIONLEXINGTON, KYOPERATING BUDGET$10k
ST JUDE CHILDREN'S RESEARCH HOSPITALMEMPHIS, TNOPERATING BUDGET$10k
KENTUCKY EDUCATIONAL TELEVISIONLEXINGTON, KYOPERATING BUDGET$5k
KENTUCKY TECHNOLOGY STUDENT ASSOCIATIONFRANKFORT, KYOPERATING BUDGET$5k
LIONS CLUB TELETHONPADUCAH, KYOPERATING BUDGET$5k
GILBERTSVILLE FIRE PROTECTION DISTGILBERTSVILLE, KYOPERATING BUDGET$3k
YOUTH SERVICES FUND OF MARSHALL COUNTY ROTARY CLUBBENTON, KYOPERATING BUDGET$3k
AMERICAN CANCER SOCIETYBIRMINGHAM, ALOPERATING BUDGET$2k
AMERICAN RED CROSS OF LAKELAND AREABENTON, KYOPERATING BUDGET$1k
CHILDREN HOSPITAL OF VANDERBILT UNIVERSITYNASHVILLE, TNOPERATING BUDGET$1k
KENTUCKY SHERIFFS' BOYS & GIRLS RANCH TRUSTGILBERTSVILLE, KYOPERATING BUDGET$1k
LIVINGSTON COUNTY HIGH SCHOOLSMITHLAND, KYOPERATING BUDGET$1k
LUTHER F CARSON FOUR RIVERS CENTERPADUCAH, KYOPERATING BUDGET$1k
MARSHALL COUNTY HIGH SCHOOLBENTON, KYOPERATING BUDGET$1k
RIVER CITY MISSIONS INCPADUCAH, KYOPERATING BUDGET$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

REED FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$250k
$297k
2023
$527k
$420k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Kentucky

REED FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Kentucky earns a median of $16,300.

25th percentile
$6k
Median
$16,300
75th percentile
$49k
90th percentile
$120k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 260 organizations across 260 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Kentucky
FAQ

Common questions about REED FOUNDATION

What are REED FOUNDATION's revenue and expenses?

In 2024, REED FOUNDATION reported $527k in total revenue and $420k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.