Reed Foundation Inc
- Assets
- $4.0m
- Revenue
- -$2.6k
- Investments
- $5.7m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 09/2008
- Data as of
- 12/2023
- EIN
- 26-1477372
Organization Overview
Reed Foundation Inc is located in Atlanta, GA. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Reed Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Reed Foundation Inc has awarded 73 individual grants totaling $856,070. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glen Reed President | 1 | $0 | |
Edith Reed Vice President/treasurer | 0 | $0 | |
Alec B Reed Secretary | 0 | $0 | |
Adam C Reed Executive Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$46,081 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$4,569 |
| Total Revenue | -$2,571 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $104,202 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,333 |
| Total operating and administrative expenses | $160,536 |
| Contributions, gifts, grants paid | $171,800 |
| Total expenses and disbursements | $332,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,727,295 |
| Savings and temporary cash investments | $0 |
| 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 | $437,113 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,967,861 |
| 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, Reed Foundation Inc has awarded $171,800 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
APPALACHIAN PRISON BOOK PROJECT PURPOSE: OUR WORK EMANATES FROM TWO INTERCONNECTED PREMISES: EDUCATION IS A BASIC HUMAN RIGHT, AND ENGAGING THE COMMUNITY IN EDUCATIONAL JUSTICE EFFORTS IS A REQUISITE COMPONENT TO BUILDING SUSTAINABLE RESTORATIVE JUSTICE MODELS. | $4,000 |
APPALACHIAN TRAIL CONSERVANCY PURPOSE: THE APPALACHIAN TRAIL CONSERVANCY'S MISSION IS TO PROTECT, MANAGE, AND ADVOCATE FOR THE APPALACHIAN NATIONAL SCENIC TRAIL. | $5,000 |
ATLANTA COMMUNITY FOOD BANK PURPOSE: ATLANTA COMMUNITY FOOD BANK'S MISSION IS TO FIGHT HUNGER BY ENGAGING, EDUCATING, AND EMPOWERING THE COMMUNITY. | $12,000 |
ATLANTA HUMANE SOCIETY PURPOSE: HELPING ATLANTA PETS THROUGH OUR PET RESCUE SERVICES; ADOPTING A DOG, CAT, KITTEN OR PUPPY INTO YOUR HOME FROM AHS WILL BE A WONDERFUL EXPERIENCE. | $12,000 |
EMORY UNIVERSITY - ROLLINS SCHOOL OF PUBLIC HEALTH PURPOSE: OUR UNRESTRICTED ENDOWMENT IS ESSENTIAL TO THE VITALITY AND FINANCIAL SECURITY OF OUR SCHOOL, AND POWERS OUR MISSION OF EDUCATING STUDENTS, FOSTERING CUTTING-EDGE PUBLIC HEALTH RESEARCH, AND PROTECTING LIVES WORLDWIDE. | $10,000 |
FRIENDS OF THE CHEAT PURPOSE: TO RESTORE, PRESERVE, AND PROMOTE THE OUTSTANDING NATURAL QUALITIES OF THE CHEAT WATERSHED. | $4,000 |