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Reed Charitable Foundation at a glanceAlso receives grants: funding profile →

· Public charity

Reed Charitable Foundation

Our mission is to enhance lives by fostering a stronger community through dedicated charitable, educational, and healthcare initiatives.

$160k
Granted FY2024still arriving
6
Grants FY2024still arriving
2
States reached
$50k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2024.

Youth Development$236kCommunity Improvement$160kHealth$98kPhilanthropy$80kReligion$45kEnvironment$25kFood & Nutrition$10kScience & Tech$10kOther$0
02FY2024 · 6 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 6 grants below total $125,588, the rows itemized in this filing. The $159,988 headline is the total grant expense on the return; the other $34,400 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2024

  • Under $10k2 grants · $13k
  • $10k–50k3 grants · $63k
  • $50k–250k1 grant · $50k
$25,000
Median grant
2
States reached
$1.0M
Total assets
Largest grants
RecipientAmount
PROJECT HOOD$50,000
AFTER SCHOOL MATTERS$26,000
BERNIE'S BOOK BANK$25,000
SILVER CROSS FOUNDATION$11,500
RABINE GROUP FOUNDATION$7,000
LAKE GENEVA FRESH AIR ASSOCATION$6,088
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY21–24) land where the poverty rate runs at 12%, against an area that typically sits at 10%. 57% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%ICANN: $10k → 14%RCCS: $45k → 20%DES PLAINES WETLANDS CONSERVANCY: $25k → 10%LAKE GENEVA FRESH AIR ASSOCATION: $6k → 10%SILVER CROSS FOUNDATION: $70k → 7%BERNIE'S BOOK BANK: $64k → 8%TAPESTRY 360 HEALTH: $10k → 14%SILVER CROSS FOUNDATION: $12k → 7%BERNIE'S BOOK BANK: $54k → 8%NORTHWESTERN MEMORIAL FOUNDATION: $40k → 14%SILVER CROSS FOUNDATION: $6k → 7%BERNIE'S BOOK BANK: $38k → 8%NORTHWESTERN MEMORIAL FOUNDATION: $40k → 14%BERNIE'S BOOK BANK: $25k → 8%PROJECT HOOD: $50k → 14%PROJECT HOOD: $50k → 14%PROJECT HOOD: $35k → 14%PROJECT HOOD: $25k → 14%RABINE GROUP FOUNDATION: $7k → 14%AFTER SCHOOL MATERS: $20k → 14%AFTER SCHOOL MATTERS: $10k → 14%AFTER SCHOOL MATTERS: $26k → 14%GREATER CHICAGO FOOD DEPOSITORY: $10k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

80%of every dollar goes to organizations it has funded before.
$543k · 5 repeat orgs$133k to everyone else

Grantees it renews have grown median revenue +75% since the first grant, against +7% for those funded once.

5 repeat relationships: 4 still active in FY2024, 1 since wound down; 2 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

5
6

Total granted

$543k
$120k

Median revenue growth · since first grant

+75%
+7%

Still filing today

80%
50%

New vs renewed · share of each year

In FY2024, 90% of grant dollars renewed an existing relationship; $13k went to new ones.

50%100%’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’21’22’23’24
EducationYouth DevelopmentCommunity ImprovementFood & NutritionEnvironmentRecreation & SportsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • BB
    BERNIE'S BOOK BANK
    4× · 2021–2024 · $180k · revenue +77%
  • PH
    PROJECT HOOD COMMUNITY DEVELOPMENT CORPORATION
    4× · 2021–2024 · $160k · revenue +75%
  • SC
    Silver Cross Foundation
    3× · 2021–2024 · $88k · revenue +6%

Funded once

  • R
    RCCS
    one grant, 2021 · $45k
  • DP
    DES PLAINES WETLANDS CONSERVANCY INC
    one grant, 2022 · $25k · revenue -89%
  • AS
    AFTER SCHOOL MATERS
    one grant, 2022 · $20k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
A Better Chicago

A better chicago is changing how chicago fights poverty by investing in bold ideas that create opportunity for our youth.

Human Services
2
Chicago Dental Society Foundation

Improve oral health by providing funds for dental education and access to care programs

Philanthropy
3
Chicago Public Library Foundation

The chicago public library foundation was established in 1986 as an independent nonprofit dedicated to connecting private investment with innovative and community-responsive programming that leverages our library's city-wide footprint,…

Education
4
Chicago Parks Foundation

The Chicago Parks Foundation is a separate 501 (c) (3) non-profit organization that also serves as the strategic partner for the coordination of fundraising and charitable resources for the Chicago Park District.

Recreation & Sports
5
Northern Illinois Blood Bank Inc D/B/a Rock River Valley Blood Center

Rock river valley blood center, in partnership with our community, is dedicated to providing safe, high value blood products and services to people in need.

Health
6
Arbor Research Collaborative for Health

Arbor research collaborative for health is committed to improving patient care through research that shapes medical policies and practice. in particular, arbor research conducts health outcomes research on chronic disease and end-stage…

Health
7
The Chicago Debate Commission

Chicago debates' mission is to advance the educational achievement, community contributions, and life success of chicago's youth through the transformative power of academic debate. chicago debates envisions a world in which chicago's…

Education
8
Community Health Partnership of Illinois

Strive to improve the health and well being of migrant and seasonal farmworkers and other medically vulnerable populations by providing quality accessable, affordable, and culturally responsive health care within the community we serve.

Health
9
North Shore Health Care Foundation

To expand equitable health care and healthy living in Cook County and champion solutions through funding, education and advocacy.

Health
10
Heartland Community Health Clinic D/B/a Heartland Health Services

Provide affordable, high-quality health services and remove inequities to improve the lives of all.

Health
11
Legal Aid Chicago

At legal aid chicago, we work together to provide high quality civil legal aid to people living in poverty and other vulnerable groups.through advocacy, education, collaboration, and litigation we empower individuals, protect fundamental…

Crime & Legal
12
Depaul Group Inc

DePaul Group, Inc. is a parent corporation that provides administrative support to further the strategic purposes and missions of affliated 501(c)3 corporations and affilated for profit corporations which DePaul Group is the sole…

—
How this is measured
The grantee most central to the portfolio’s shape is After School Matters Inc; the most unlike its peers is The Cheryl Rabine Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

9 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 9 of the 13 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
9/9
Grantees still filing
6/9
Grew since first funded

Where the money sits, by cause and then by grantee

Silver Cross Foundation: $87,500 · OtherSilver Cross FoundationNORTHWESTERN MEMORIAL FOUNDATION: $80,000 · OtherNORTHWESTERN MEMORIAL FOUNDATIONRCCS: $45,000 · OtherRCCSAFTER SCHOOL MATERS: $20,000 · OtherAFTER SCHOOL MATERSICANN: $10,000 · OtherTapestry 360 Health: $10,000 · OtherBERNIE'S BOOK BANK: $179,900 · Youth DevelopmentBERNIE'S BOOK BANKPROJECT HOOD COMMUNITY DEVELOPMENT CORPORATION: $160,000 · Community ImprovementPROJECT HOOD COMMUNITY DEV…AFTER SCHOOL MATTERS INC: $36,000 · EducationTHE CHERYL RABINE FOUNDATION: $7,000 · EducationDES PLAINES WETLANDS CONSERVANCY INC: $25,000 · EnvironmentGREATER CHICAGO FOOD DEPOSITORY: $10,105 · Food & NutritionLAKE GENEVA FRESH AIR ASSOCIATION INC: $6,088 · Recreation & Sports
Other$252,500Youth Development$179,900Community Improvement$160,000Education$43,000Environment$25,000Food & Nutrition$10,105Recreation & Sports$6,088

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetBERNIE'S BOOK BANK: $179,900 over 4y, 1.1% of budgetPROJECT HOOD COMMUNITY DEVELOPMENT CORPORATION: $160,000 over 4y, 0.9% of budgetSilver Cross Foundation: $87,500 over 3y, 3.9% of budgetAFTER SCHOOL MATTERS INC: $36,000 over 2y, 0.1% of budgetDES PLAINES WETLANDS CONSERVANCY INC: $25,000 over 1y, 1.3% of budgetGREATER CHICAGO FOOD DEPOSITORY: $10,105 over 1y, 0.0% of budgetTapestry 360 Health: $10,000 over 1y, 0.0% of budgetTHE CHERYL RABINE FOUNDATION: $7,000 over 1y, 3.8% of budgetLAKE GENEVA FRESH AIR ASSOCIATION INC: $6,088 over 1y, 0.5% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Fidelity Investments …
Fidelity Investments Charitable Gift FundMA5.3× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Reed Charitable Foundation funds: left to right is the share of its income from government, bottom to top the share from Reed Charitable Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%10%20%30%40%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    3report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–40%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 13 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home