Reed Charitable Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 472618369 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Reed Charitable Foundation?

The Reed Charitable Foundation, established in Chicago, Illinois, is a nonprofit organization operating under Section 501(C)(3) of the Internal Revenue Code. This organization is dedicated to serving various charitable, educational, religious, and scientific purposes, contributing positively to its community and beyond. The specific mission and activities of the foundation remain within the scope of these designated sectors, providing valuable resources and support to those in need.

Is Reed Charitable Foundation legitimate?

Reed Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reed Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Reed Charitable Foundation?

The Reed Charitable Foundation operates for exclusive charitable, educational, religious, or scientific purposes, adhering to the guidelines set by Section 501(C)(3) of the Internal Revenue Code. Its mission is centered around serving these specific sectors, contributing to societal improvement and advancement in various ways. The foundation's activities are guided by the principles outlined in Section 501(C)(3) of the Internal Revenue Code.

What is the revenue of Reed Charitable Foundation?

Reed Charitable Foundation's revenue in 2023 was $215,681.

Who are the executives of Reed Charitable Foundation and what are their salaries?

Here are 3 key members and their salaries:


Beverly Birck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Birck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Machat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Reed Charitable Foundation?

Reed Charitable Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Reed Charitable Foundation

Reed Charitable Foundation is a non-profit organization dedicated to serving charitable, educational, religious, or scientific purposes, as outlined by Section 501(C)(3) of the Internal Revenue Code. Their mission is to contribute to these sectors, aiming to make a positive impact in various areas of society. The foundation operates with a focus on promoting causes that align with these categories, contributing to the betterment of communities and individuals in need.

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Impact




October, 2024

The Reed Charitable Foundation makes a significant impact by supporting initiatives that further charitable, educational, religious, and scientific purposes. Based in Chicago, Illinois, the Foundation focuses on enhancing community welfare through its various programs and projects. With a commitment to philanthropy, it actively contributes to initiatives that foster education, promote scientific research, and support religious and charitable activities. This multifaceted approach not only addresses immediate community needs but also aims to create long-lasting positive changes, empowering individuals and enhancing overall quality of life in the regions it serves.




This information is meant to be a general summary of Reed Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$215,681 (2023)
Expenses
$182,033 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $247,500

Assets and Liabilities:

  • Total Assets: $948,179
  • Total Liabilities: $37,500
  • Net Assets: $910,679

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Organization Details

Founding Year

2014

Principal Officer

Beverly Birck

NTEE Category

Code: T12 - Philanthropy

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