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Filing year 2024

THE REED FAMILY FOUNDATION

The Hills, Texas·EIN 77-0559688·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$101k
Total assets
$472k
Total expenses
$48k
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

CFO
Below 10th percentile
$6k
$6k
President
Board President
10th to 25th percentile
$6k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE REED FAMILY FOUNDATION equaled 13% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
13%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$30k

Itemized grants

19

Median grant

$1k

RecipientLocationPurposeAmount
ST ANDREW'S SCHOOL FOUNDATIONAUSTIN, TXSUPPORT EDUCATION$5k
WORD ON FIRE CATHOLIC MINISTRIESWASHINGTON, DCTO PROMOTE CHRISTIAN MEDIA$3k
AMERICAN CAMP ASSOCIATIONMARTINSVILLE, INTO ENRICH THE LIVES OF CHILDREN, YOUTH, AND ADULTS THROUGH THE CAMP EXPERIENCE$2k
SOCIAL GOOD FUNDRICHMOND, CASUPPORT ART, ENVIRONMENTAL PROJECTS AND PROVIDE FISCAL SPONSORSHIPS TO CHARITABLE CAUSES$2k
ABBY'S HOUSEWORCESTER, MAPROVIDE HOUSING FOR WOMEN & CHILDREN$2k
WESTBOROUGH FOOD PANTRYWESTBOROUGH, MASUPPORT FOOD SHELF$2k
STARK MOUNTAIN FOUNDATIONWAITSFIELD, VTENVIRONMENTAL PROTECTION$2k
HIGH FIVES NON-PROFIT FOUNDATIONTRUCKEE, CATO PREVENT LIFE-CHANGING INJURIES AND PROVIDES RESOURCES FOR THE SERIOUSLY INJURED$2k
MAGIS CENTERGARDEN GROVE, CATO PROMOTE CHRISTIAN VALUES AND BELIEFS$2k
ICANHOUSTON, TXSUPPORT TRANSPARENCY, AND ACCOUNTABILITY IN PUBLIC HEALTH AND MEDICAL DECISIONS$1k
AUSTIN PUBLIC EDUCATION FOUNDATIONAUSTIN, TXTO SUPPORT AND ENHANCE EDUCATIONAL EXCELLENCE IN AUSTIN'S PUBLIC SCHOOLS$1k
TUNNELS TO TOWERS FOUNDATIONSTATEN ISLAND, NYSUPPORT NEW YORK FIRE FIGHTERS$1k
DANVILLE CHILDREN'S GUILDDANVILLE, CATO IMPROVE THE QUALITY OF LIFE FOR CHILDREN IN DANVILLE AREA$1k
DELASALLE BROTHERHOOD FUNDCONCORD, CAFINANCIAL AID FOR STUDENTS$1k
HILL COUNTRY INTERGROUP ALCOHOLICS ANONYMOUSAUSTIN, TXTO ASSIST INDIVIDUALS IN OVERCOMING ALCOHOLISM$1k
UCSF BENIOFF CHILDREN'S HOSPITAL FOUNDATIONOAKLAND, CATO SUPPORT UCSF BENIOFF CHILDREN'S HOSPITALS PROVIDE HEALTHCARE TO CHILDREN$1k
WAPOACROSSLAKE, MNENVIRONMENTAL PROTECTION$500
FOOD BANK OF CONTRA COSTA & SOLANOCONCORD, CATO COMBAT HUNGER AND NOURISH THE CONTRA COSTA & SOLANO COMMUNITIES$500
FRIENDS OF THE PARKSAUSTIN, TXENVIRONMENTAL PROTECTION$250
Compare this foundation's grantees
Pay for the position

Board President pay fell 45% from 2023 to 2024, while revenue rose 500%.

$11k in 2023 to $6k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE REED FAMILY FOUNDATION

What does the Chief Financial Officer of THE REED FAMILY FOUNDATION earn?

In 2024, the Chief Financial Officer of THE REED FAMILY FOUNDATION received $6,000 in total compensation. This pay is in the bottom 10% for Chief Financial Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Financial Officer pay at THE REED FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2024 pay of the Chief Financial Officer at THE REED FAMILY FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at THE REED FAMILY FOUNDATION equaled 13% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE REED FAMILY FOUNDATION's revenue and expenses?

In 2024, THE REED FAMILY FOUNDATION reported $101k in total revenue and $48k in total expenses on its IRS Form 990.

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