N D & Mary Redmon Foundation Inc

TULIA, TX EIN: 75-1333002

N D & Mary Redmon Foundation Inc is a private foundation, based in TULIA, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 10 grants totaling $46K. Net investment income was $49K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+5.4% YoY

Annual Giving

$46K

+9.5% YoY

Grant Count

-9.1% YoY

Avg Grant Size

$5K

+20.5% YoY

Under IRS private-foundation payout rules, N D & Mary Redmon Foundation Inc reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

About N D & Mary Redmon Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $218K (100%)

States

Texas

Cities

Tulia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,055,359	$1,000,888	$955,801
Revenue	$67,384	$33,184	$-50,855
Expenses	$53,534	$53,159	$64,268
Qualifying Distributions	$49,559	$46,000	$53,000
Net Investment Income	$49,460	$28,870	$37,774
Distributable Amount	$48,612	$47,372	$46,854

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

49 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Swisher Co Senior Citizen ($22,000), Tulia Child Development ($10,000), Good Shepherd Outreach ($2,000).

Recipient	Purpose	Amount
GOOD SHEPHERD OUTREACH TULIA, TX	FOOD AND PANTRY ITEMS	$2,000
SWISHER CO SENIOR CITIZEN TULIA, TX	OPERATING HOME DELIVERED MEALS	$22,000
TULIA AMERICAN LEGION TULIA, TX	BLDG MAINTENANCE	$2,000
TULIA VFW POST TULIA, TX	POST REPAIRS & UPKEEP	$2,000
TULIA CHILD DEVELOPMENT TULIA, TX	BUILDING RENOVATIONS	$10,000
FIRST ASSEMBLY OF GOD CHURCH TULIA, TX	FREE MEALS TO QUALIFYING IND	$2,000
SWISHER HISTORICAL COMMISSION TULIA, TX	DEPOT UPKEEP	$1,000
DRISKILL HALFWAY HOUSE TULIA, TX	OPERATIONS	$2,000
SWISHER COUNTY 4 H CLUB TULIA, TX	ROBOTICS PROJECT	$2,000
OMICRON STUDY CLUB TULIA, TX	XMAS ANGEL PROJECT	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
H TRUITT HOLTON	DIRECTOR	—	—
LARRY STEWART	DIRECTOR	—	—
FRANK REEVES	DIRECTOR	—	—
BOBBY MOUDY	DIRECTOR	—	—
ROSS JAMES	DIRECTOR	—	—

Frequently Asked Questions

How large is N D & Mary Redmon Foundation Inc?

As of 2024, N D & Mary Redmon Foundation Inc holds $1.1M in total assets with $67K in annual revenue. It awarded 10 grants totaling $46K in 2024.

Where does N D & Mary Redmon Foundation Inc operate?

N D & Mary Redmon Foundation Inc has awarded grants in Texas.

What size grants does N D & Mary Redmon Foundation Inc award?

In 2024, N D & Mary Redmon Foundation Inc awarded 10 grants totaling $46K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is N D & Mary Redmon Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, N D & Mary Redmon Foundation Inc reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is N D & Mary Redmon Foundation Inc's EIN?

N D & Mary Redmon Foundation Inc's EIN (Employer Identification Number) is 75-1333002. IRS Form 990 filing data is available on this page for 2020–2024.