Sam And Victoria Reed Family Foundation is located in Hinsdale, IL. The organization was established in 2000. 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. Sam And Victoria Reed Family Foundation 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, Sam And Victoria Reed Family Foundation generated $224.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $415.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sam And Victoria Reed Family Foundation has awarded 135 individual grants totaling $1,594,525. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sam K Reed Co-Trustee | 0 | $0 | |
Victoria P Reed Co-Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $5,300 |
Interest on Savings | $0 |
Dividends & Interest | $154,440 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $65,035 |
Capital Gain Net Income | $65,035 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $8 |
Total Revenue | $224,783 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $12,743 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $30 |
Total operating and administrative expenses | $28,426 |
Contributions, gifts, grants paid | $387,000 |
Total expenses and disbursements | $415,426 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $425,590 |
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 | $144,200 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $5,029,618 |
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 |
Over the last fiscal year, Sam And Victoria Reed Family Foundation has awarded $387,000 in support to 46 organizations.
Grant Recipient | Amount |
---|---|
350ORG PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $3,000 |
AHHS FOUNDATION PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $1,000 |
AMERICAN HUMANE ASSOCIATION PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $10,000 |
AMERICAN SADDLEBREAD MUSEUM ANNUAL FUND PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $2,500 |
AS YOU SOW PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $1,000 |
ART INSTITUTE OF CHICAGO PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $5,000 |