John C Reed Iv And Margaret Hanson Reed Fund
- Assets
- $2.6m
- Revenue
- $189.1k
- Investments
- $2.5m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 26-1117506
Organization Overview
John C Reed Iv And Margaret Hanson Reed Fund is located in Brooklyn, OH. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John C Reed Iv And Margaret Hanson Reed Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, John C Reed Iv And Margaret Hanson Reed Fund generated $189.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $216.8k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $61,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $127,402 |
| Capital Gain Net Income | $127,402 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $189,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,145 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,668 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $46,063 |
| Contributions, gifts, grants paid | $170,732 |
| Total expenses and disbursements | $216,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $57,525 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,495,286 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,552,811 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, John C Reed Iv And Margaret Hanson Reed Fund has awarded $170,732 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TIFFIN UNIVERSITY PURPOSE: GENERAL OPERATING | $42,683 |
HEIDELBERG COLLEGE PURPOSE: GENERAL OPERATING | $42,683 |
FIRST PRESBYTERIAN CHURCH OF TIFFIN PURPOSE: GENERAL OPERATING | $85,366 |