Reed Institute

Organization Overview

Reed Institute, operating under the name Reed College, is located in Portland, OR. The organization was established in 1938. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Reed College employed 1,688 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reed College 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 06/2021, Reed College generated $135.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $129.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE EDUCATION IN THE LIBERAL ARTS AND SCIENCES

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE INSTITUTE HAD 26 RESEARCH GRANTS FUNDED WITH FEDERAL FUNDS. DEPARTMENTS FUNDED WERE BIOLOGY, CHEMISTRY, HUMANITIES, PHYSICS, PSYCHOLOGY, MATH, AND THE NUCLEAR REACTOR.


1,355 FTE STUDENTS AS OF FALL 2020, 328 DEGREES CONFERRED 20/21.


AUXILIARY SERVICES - STUDENTS LIVING IN DORMS, USING DINING FACILITIES AND BOOKSTORE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Bon Appetit
Food Service
$3,704,052
Orbis Cascade Alliance
Library Services
$584,833
Eab Global Inc
Enrollment Services
$844,784
Workwell Enterprises Llc
Health Services
$1,465,200
Reimers & Jolivette Inc
Construction
$1,250,004
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,994,766
All other contributions, gifts, grants, and similar amounts not included above$12,747,611
Noncash contributions included in lines 1a–1f $1,390,639
Total Revenue from Contributions, Gifts, Grants & Similar$15,742,377
Total Program Service Revenue$93,997,871
Investment income -$182,601
Tax Exempt Bond Proceeds $7
Royalties $0
Net Rental Income -$28,956
Net Gain/Loss on Asset Sales $25,961,128
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $135,489,826

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Reed Institute has recieved totaling $1,658,874.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$640,829
Gordon E And Betty I Moore Foundation

Palo Alto, CA

PURPOSE: TO SUPPORT A WELCOMING ACADEMIC ENVIRONMENT AND HANDS-ON RESEARCH EXPERIENCES IN THE PHYSICAL SCIENCES DEPARTMENT FOR STUDENTS FROM UNDERREPRESENTED MINORITIES.

$344,588
Bny Mellon Charitable Gift Fund

Boston, MA

PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE

$275,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$98,793
Oregon Community Foundation

Portland, OR

PURPOSE: Higher Education

$65,112
Arnold And Mabel Beckman Foundation

Irvine, CA

PURPOSE: RESEARCH, GENERAL SUPPORT & EDUCATION

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$545,093,997
Earnings$228,220,147
Admin Expense$940,225
Net Contributions$3,583,571
Other Expense$19,705,050
Grants$9,007,314
Ending Balance$747,245,126

Peer Organizations

Organization NameAssets
California Baptist University
Riverside, CA
$400,113,733
Pomona College
Claremont, CA
$235,119,844
Lewis And Clark College
Portland, OR
$240,136,903
Claremont Mckenna College
Claremont, CA
$321,560,955
Occidental College
Los Angeles, CA
$157,427,095
Art Center College Of Design
Pasadena, CA
$136,246,273
Whitman College Board Of Trustees
Walla Walla, WA
$156,027,596
Reed Institute
Portland, OR
$135,489,826
Linfield University
Mcminnville, OR
$110,269,366
Westmont College
Santa Barbara, CA
$121,110,665
Scripps College
Claremont, CA
$98,616,217
California College Of The Arts
San Francisco, CA
$107,701,190

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