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Reed Institute

Reed College

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

EIN: 930386908 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Reed Institute?

Reed Institute, also known as Reed College, is a nonprofit organization based in Portland, Oregon. With a team of 1709 employees, they are dedicated to providing education in the liberal arts and sciences. The Institute has been the recipient of 29 federal grants, which have supported research in various fields, including Biology, Chemistry, Humanities, Physics, Psychology, Math, and even the operation of a nuclear reactor. The mission of Reed College encompasses the pursuit of knowledge and learning across these disciplines.


Official website here: www.reed.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star rating)

The Reed Institute has achieved a perfect score of 100%, reflecting its strong commitment to accountability and financial transparency. With a substantial portion of its board being independent (96%), the organization demonstrates a robust governance structure that prioritizes ethical oversight. Additionally, the organization has received full points in key areas such as its audit and oversight committee, material diversion of assets, and various policies that ensure responsible management of resources.

Financially, the Reed Institute excels with a program expense ratio of 90.21%, indicating that the vast majority of its expenditures are directed towards its mission-driven activities. The low liabilities to assets ratio of 17.05% further suggests that the organization maintains a healthy balance sheet, which is crucial for its sustainability and operational effectiveness.

While the data reflects a well-managed organization, no specific limitations or areas for improvement were noted in the available ratings. Overall, the Reed Institute stands out as a model of nonprofit excellence, delivering confidence to donors and stakeholders through its high performance in multiple accountability metrics.


This AI summary has been generated from information found on Charity Navigator.

Is Reed Institute legitimate?

Reed Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reed Institute 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: $2,411,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,122,918

For more financial information, click here


Official website here: www.reed.edu

What is the mission statement of Reed Institute?

The Reed Institute is dedicated to the pursuit of knowledge in the liberal arts and sciences. Its mission is centered around providing quality education in these areas. The Institute has a strong focus on research, as evidenced by the 29 grants it received for federal funding. This funding supported various departments, including Biology, Chemistry, Humanities, Physics, Psychology, Math, and the nuclear reactor. Through these academic departments, the Reed Institute continues to advance knowledge and offer opportunities for research and exploration in the liberal arts and sciences.


Official website here: www.reed.edu

Who is the CEO of Reed Institute?

Robert Tust is the President of Reed Institute.


Official website here: www.reed.edu

What is the revenue of Reed Institute?

Reed Institute's revenue in 2022 was $184,823,009.


Official website here: www.reed.edu

Who are the executives of Reed Institute and what are their salaries?

The average compensation at Reed Institute during 2022 was $26,644. There are 1709 employees and 828 volunteers at Reed Institute.


Here are 41 key members and their salaries:


Audrey Bilger (President)
  • Compensation: $556,834
  • Related: $0
  • Other: $45,784
Hugh Porter (Vice President For College Relations And Planning)
  • Compensation: $379,400
  • Related: $0
  • Other: $49,184
Erik Bernhardt (Chief Investment Officer)
  • Compensation: $333,594
  • Related: $0
  • Other: $51,375
Lorraine Arvin (Vp And Treasurer)
  • Compensation: $291,550
  • Related: $0
  • Other: $33,091
Kathryn Oleson (Dean Of The Faculty)
  • Compensation: $223,125
  • Related: $0
  • Other: $42,093
Mary James (Aa Knowlton Professor Of Physics)
  • Compensation: $221,492
  • Related: $0
  • Other: $42,019
Milyon Trulove (Vice President And Dean Of Admission And Financial Aid)
  • Compensation: $217,747
  • Related: $0
  • Other: $43,824
Nigel J Nicholson (Walter Mintz Professor Of Greek, Latin, And Ancient Mediterranean Studies And Humanities)
  • Compensation: $217,756
  • Related: $0
  • Other: $41,496
Karnell Mcconnell-Black (Vice President For Student Life)
  • Compensation: $203,788
  • Related: $0
  • Other: $29,870
Amanda Heaton (Executive Director Of Communications And Public Affairs)
  • Compensation: $187,837
  • Related: $0
  • Other: $35,770
Robert Tust (Associate Treasurer And Controller)
  • Compensation: $181,450
  • Related: $0
  • Other: $40,339
Lynn Valenter (Vice President Of Finance And Treasurer)
  • Compensation: $152,045
  • Related: $0
  • Other: $22,085
Dr Julia P Adams '80 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Konrad S Alt '81 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael S Axley '89 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla J Beam '76 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Bragdon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Jane Buchan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas O Daniel Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Delbene (Trustee (Through 12/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Galakatos '79 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Hall '87 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dennis James Henner (Trustee (Through 4/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda G Howard '70 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George M James '77 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah D Kamali '85 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine E Lewis '07 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy M Madigan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex J Martinez '73 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winthrop Mccormack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Hill Noto '75 (Trustee-Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eduardo Ochoa '73 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene Pasieczny (Trustee (Through 4/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger M Perlmutter Md '73 (Trustee-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Rieschel '79 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Saldana '94 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Sheehy '82 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Larkin Steiner '74 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter C Stockman '77 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard H Wollenberg '75 (Trustee-Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.reed.edu

Where can I find the form 990 for Reed Institute?

Reed Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.reed.edu

Learn more at the official website: www.reed.edu

Mission Statement of Reed Institute

The Reed Institute, a distinguished nonprofit organization, is dedicated to the pursuit of knowledge in the liberal arts and sciences. Its mission is to foster intellectual growth and academic excellence by providing education in various disciplines. With a strong commitment to research, the Institute has secured 29 grants funded by federal sources, supporting departments spanning the fields of Biology, Chemistry, Humanities, Physics, Psychology, Mathematics, and the operation of a nuclear reactor. Through these initiatives, the Reed Institute empowers students and scholars to explore new ideas, conduct groundbreaking research, and broaden their horizons. The Institute's unwavering dedication to promoting learning and discovery has made it a vital component in advancing knowledge and shaping the next generation of thinkers.

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Impact




October, 2024

Reed Institute significantly impacts the educational landscape by providing a robust liberal arts and sciences curriculum, fostering critical thinking and creativity among its students. With 29 research grants funded through federal resources, the institute has bolstered various departments, including Biology, Chemistry, Humanities, Physics, Psychology, Math, and its nuclear reactor facility, enhancing research opportunities and academic rigor. Located in Portland, Oregon, Reed Institute's commitment to a comprehensive education enriches both the community and the intellectual development of its students, preparing them for diverse fields and challenges in an ever-evolving world.




This information is meant to be a general summary of Reed Institute. 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
$184,823,009 (2022)
Expenses
$146,361,428 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $38,832,631
  • Program Service Revenue: $115,186,295
  • Gross Receipts: $296,549,568

Assets and Liabilities:

  • Total Assets: $1,011,067,544
  • Total Liabilities: $181,952,607
  • Net Assets: $829,114,937

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Tuition and fees

Revenue

$92,955,172

Aux-Dorm fees

Revenue

$8,811,158

Aux-Cafeteria fees

Revenue

$7,065,328

Aux-Bookstore fees

Revenue

$980,543

Other fees

Revenue

$5,374,094

Organization Details

Founding Year

1908

Principal Officer

Robert Tust

Main Address

3203 SE Woodstock Blvd, Portland, OR, 972028199

NTEE Category

Code: B420 - Education

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