The Reeder Foundation concentrates on expanding workforce pathways and education innovation for young adults and K–12 systems, primarily by funding growth-stage organizations and intermediaries that scale proven models. Their support is both national and regionally anchored in the Boston area, with repeated multi-year investments in capacity-building and program expansion rather than one-off small grants.
Concentrated, high-dollar grants to a small number of repeat grantees and ecosystem builders — emphasis on multi-grant, multi-year support for scaling organizations and intermediary funders rather than many small awards.
Three-year commitments anchor The Reeder Foundation C/o Par Capital Management’s grantmaking. Year Up received $800,000 in 2023, 2024, and 2025, while Merit America received $500,000 in 2024 and 2025. That repeat pattern shows a funder that backs organizations over time rather than rotating among many one-off awards. The foundation’s recent grants also point to a preference for unrestricted support, with funding that can strengthen staffing, delivery, and expansion rather than a single project line. The portfolio centers on workforce pathways and education systems. It supports youth career training through groups such as Year Up and Merit America, and it backs organizations working on education innovation and intermediary scaling, including New Profit, GreenLight Fund, and Social Finance. K–12-related grants also appear in the record, alongside local Boston-area nonprofits serving students and young people. Several awards are in the $250,000 to $800,000 range, which places the foundation in a mid-to-large grantmaking tier for the organizations it funds.
In workforce development, the foundation gave $800,000 to Year Up in 2025 and $500,000 to Merit America in both 2024 and 2025, signaling sustained support for career training organizations serving young adults. In education innovation, it awarded $540,000 to New Profit in 2023 and $250,000 to Social Finance in 2024 and 2025, both of which sit in the intermediary and scale-up space. The K–12 side of the portfolio includes $500,000 to Fishtank Learning in 2023 and $250,000 to Teach for America in 2024 and 2025. Local youth and community support is also present through grants to Big Brothers Big Sisters of Eastern Massachusetts, More Than Words, Cradles to Crayons, and Raising a Reader. Across these areas, the grants are unrestricted.
Typical grants cluster in the mid six figures: p25 is $150,000, median is $250,000, and p75 is $300,000. The foundation repeatedly supports the same organizations across multiple years, including awards in 2023, 2024, and 2025 to several recipients. The grant record and classification point to a regular funder making unrestricted grants rather than a DAF or program-related investment vehicle. No application process is described in the provided data.
$5M
$63.6M
$4.6M
$7.3M
Most grants fall between $150K and $300K, with a median of $250K.
25th Percentile
$150K
Median
$250K
75th Percentile
$300K
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Notable grantees: Year Up, Merit America, New Profit, GreenLight Fund, Teach For America - MA Region
Grantmaking is heavily concentrated in Massachusetts, which accounts for 91% of grants and is also the top state by grant count. Boston is the most visible city in the record, with multiple recipients there, including New Profit, Duet Inc, GreenLight Fund, Social Finance, and Big Brothers Big Sisters of Eastern Massachusetts. Other Massachusetts recipients include Brighton, Newton, and Waltham. Outside the state, Washington, DC appears as a recipient location for Merit America, and New York, NY appears for Teach for America - MA Region.
The grant record shows a strong preference for unrestricted support. Recent awards to Year Up, Merit America, New Profit, and Social Finance are all marked UNRESTRICTED, suggesting flexible funding rather than tightly project-restricted grants.
Typical awards are substantial: the 25th percentile is $150,000, the median is $250,000, and the 75th percentile is $300,000. Recent grants also include larger commitments of $500,000 and $800,000.
Yes. The recent record shows repeated multi-year support for several recipients, including Year Up in 2023, 2024, and 2025; Merit America in 2024 and 2025; and Duet Inc in 2023, 2024, and 2025.
The portfolio includes youth workforce development, education innovation, and K–12 support. Recent recipients include Year Up and Merit America for career pathways, New Profit and Social Finance for scaling and intermediary work, and Fishtank Learning and Teach for America for school-related support.
The foundation’s giving is overwhelmingly local to Massachusetts. Ninety-one percent of grants go to recipients in MA, and Boston appears repeatedly among recipient locations, alongside Brighton, Newton, and Waltham.
2026
Source: IRS Form 990-PF, fiscal year 2026.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| SOCIAL FINANCE | BOSTON, MA | $1,500,000 | 2026 | UNRESTRICTED |
| MERIT AMERICA | WASHINGTON, DC | $1,000,000 | 2026 | UNRESTRICTED |
| YEAR UP | BOSTON, MA | $600,000 | 2026 | UNRESTRICTED |
| DUET INC | BOSTON, MA | $350,000 | 2026 | UNRESTRICTED |
| GREENLIGHT FUND | BOSTON, MA | $300,000 | 2026 | UNRESTRICTED |
| TEACH FOR AMERICA | BOSTON, MA | $300,000 | 2026 | UNRESTRICTED |
| FRIENDS OF PIONEER CHARTER SCHOOL OF SCIENCE | EVERETT, MA | $250,000 | 2026 | UNRESTRICTED |
| BIG BROTHERS BIG SISTERS EASTERN MA | BOSTON, MA | $200,000 | 2026 | UNRESTRICTED |
| STEPPINGSTONE FOUNDATION | BOSTON, MA | $170,000 | 2026 | UNRESTRICTED |
| FISHTANK LEARNING INC | BRIGHTON, MA | $150,000 | 2026 | UNRESTRICTED |
| MORE THAN WORDS | WALTHAM, MA | $150,000 | 2026 | UNRESTRICTED |
| UNCORNERED | DORCHESTER, MA | $50,000 | 2026 | UNRESTRICTED |
| MERIT AMERICA | WASHINGTON, DC | $1,000,000 | 2025 | UNRESTRICTED |
| YEAR UP | BOSTON, MA | $800,000 | 2025 | UNRESTRICTED |
| YEAR UP | BOSTON, MA | $800,000 | 2025 | UNRESTRICTED |
| POSTSECONDARY COMMISSION | BOSTON, MA | $500,000 | 2025 | UNRESTRICTED |
| MERIT AMERICA | WASHINGTON, DC | $500,000 | 2025 | UNRESTRICTED |
| SOCIAL FINANCE | BOSTON, MA | $400,000 | 2025 | UNRESTRICTED |
| DUET INC | BOSTON, MA | $350,000 | 2025 | UNRESTRICTED |
| DUET INC | BOSTON, MA | $300,000 | 2025 | UNRESTRICTED |
| GREENLIGHT FUND | BOSTON, MA | $300,000 | 2025 | UNRESTRICTED |
| TEACH FOR AMERICA | BOSTON, MA | $250,000 | 2025 | UNRESTRICTED |
| TEACH FOR AMERICA | BOSTON, MA | $250,000 | 2025 | UNRESTRICTED |
| GREENLIGHT FUND | BOSTON, MA | $250,000 | 2025 | UNRESTRICTED |
| SOCIAL FINANCE | BOSTON, MA | $250,000 | 2025 | UNRESTRICTED |
| STEPPINGSTONE FOUNDATION | BOSTON, MA | $170,000 | 2025 | UNRESTRICTED |
| STEPPINGSTONE | BOSTON, MA | $170,000 | 2025 | UNRESTRICTED |
| CRADLES TO CRAYONS | NEWTON, MA | $150,000 | 2025 | UNRESTRICTED |
| FISHTANK LEARNING INC | BRIGHTON, MA | $150,000 | 2025 | UNRESTRICTED |
| BIG BROTHERS BIG SISTERS EASTERN MA | BOSTON, MA | $150,000 | 2025 | UNRESTRICTED |
| BIG BROTHERS BIG SISTERS OF EASTERN MASSACHUSETTS | BOSTON, MA | $150,000 | 2025 | UNRESTRICTED |
| MORE THAN WORDS | WALTHAM, MA | $150,000 | 2025 | UNRESTRICTED |
| MORE THAN WORDS | WALTHAM, MA | $150,000 | 2025 | UNRESTRICTED |
| FOCUSING PHILANTHROPY | SANTA MONICA, CA | $150,000 | 2025 | UNRESTRICTED |
| UNCORNERED | DORCHESTER, MA | $50,000 | 2025 | UNRESTRICTED |
| RAISING A READER | BOSTON, MA | $40,000 | 2025 | UNRESTRICTED |
| YEAR UP | BOSTON, MA | $800,000 | 2024 | UNRESTRICTED |
| MERIT AMERICA | WASHINGTON, DC | $500,000 | 2024 | UNRESTRICTED |
| DUET INC | BOSTON, MA | $300,000 | 2024 | UNRESTRICTED |
| TEACH FOR AMERICA | BOSTON, MA | $250,000 | 2024 | UNRESTRICTED |
| SOCIAL FINANCE | BOSTON, MA | $250,000 | 2024 | UNRESTRICTED |
| GREENLIGHT FUND | BOSTON, MA | $250,000 | 2024 | UNRESTRICTED |
| STEPPINGSTONE | BOSTON, MA | $170,000 | 2024 | UNRESTRICTED |
| BIG BROTHERS BIG SISTERS OF EASTERN MASSACHUSETTS | BOSTON, MA | $150,000 | 2024 | UNRESTRICTED |
| MORE THAN WORDS | WALTHAM, MA | $150,000 | 2024 | UNRESTRICTED |
| CRADLES TO CRAYONS | NEWTON, MA | $150,000 | 2024 | UNRESTRICTED |
| RAISING A READER | BOSTON, MA | $40,000 | 2024 | UNRESTRICTED |
| YEAR UP | BOSTON, MA | $800,000 | 2023 | UNRESTRICTED |
| NEW PROFIT | BOSTON, MA | $540,000 | 2023 | UNRESTRICTED |
| FISHTANK LEARNING | BRIGHTON, MA | $500,000 | 2023 | UNRESTRICTED |
UNRESTRICTED
FRIENDS OF PIONEER CHARTER SCHOOL OF SCIENCE
$250,000UNRESTRICTED
BIG BROTHERS BIG SISTERS EASTERN MA
$200,000UNRESTRICTED
STEPPINGSTONE FOUNDATION
$170,000UNRESTRICTED
FISHTANK LEARNING INC
$150,000UNRESTRICTED
POSTSECONDARY COMMISSION
$500,000UNRESTRICTED
TEACH FOR AMERICA
$250,000UNRESTRICTED
TEACH FOR AMERICA
$250,000UNRESTRICTED
STEPPINGSTONE FOUNDATION
$170,000UNRESTRICTED
STEPPINGSTONE
$170,000UNRESTRICTED
FISHTANK LEARNING INC
$150,000UNRESTRICTED
BIG BROTHERS BIG SISTERS EASTERN MA
$150,000UNRESTRICTED
NEW PROFIT
$540,000UNRESTRICTED
FISHTANK LEARNING
$500,000UNRESTRICTED