Rada Foundation Inc
To foster and advance the arts in asheville's river arts district by supporting the efforts of the river arts district artists (RADA) organization. To be a leader in providing progressive services to our members, from shared spaces, scholarship opportunities, to technical assistance programs for professional and emerging artists in the river arts district. Lead by three core programs: scholarships, space, and support of RADA's organizational operations.
Key facts about Rada Foundation Inc
In short: Rada Foundation Inc gave $14K across 2 grants in 2025 (avg $7K), mostly in North Carolina. Source: 2025 IRS Form 990.
- EIN
- 93-3386726
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $14,000
- Grants made (2025)
- 2
- Average grant
- $7,000
- Median grant
- $7,000
- Total assets
- $691,526
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$692K
-11.0% YoY
Annual Giving
$14K
Grant Count
2
Avg Grant Size
$7K
About Rada Foundation Inc
Based on IRS filings
Rada Foundation Inc is a public charity, based in Asheville, NC. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $692K in total assets. In 2025, it awarded 2 grants totaling $14K. Net investment income was $22K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 2 grants totaling $14K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was LJM Art Inc ($8K). Together the top 2 received $14K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| LJM Art Inc Asheville, NC | — | $8,000 |
| Riverview Station Asehville, NC | — | $6,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $691,526 | $776,916 |
| Revenue | $723,940 | $972,020 |
| Expenses | $812,585 | $195,104 |
| Net Investment Income | $21,610 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
Leadership & Key People
Officers and directors from IRS filings
Rada Foundation Inc is led by Allison Redmond, President on every filing since 2024; 2 of 10 officers listed in 2025 are compensated.
Officers on the 2025 filing
Allison Redmond
President
On filings since 2024
No compensation reported
Signe Ballew
Director of
On filings since 2024
50 hrs/week
$7K (2024) → $54K (2025)
Kimberly Hundertmark
Executive Di
On filings since 2024
50 hrs/week
$7K (2024) → $61K (2025)
Eric Shangle
Board Member
On filings since 2024
No compensation reported
Jeffrey Burroughs
Board Member
On filings since 2024
No compensation reported
Julie Ann Bell
Board Member
On filings since 2024
No compensation reported
Kate Adams
Board Member
On filings since 2024
No compensation reported
Micheal Campbell
Board Memebe
On filings since 2024
No compensation reported
Pam Walls
Treasurer
On filings since 2024
No compensation reported
Jack Davis
Board Member
New on the 2025 filing
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $61K, to Kimberly Hundertmark (Executive Di). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Rada Foundation Inc
How much does Rada Foundation Inc give each year?
Rada Foundation Inc gave $14K across 2 grants in 2025, according to its 2025 IRS Form 990.
How large is Rada Foundation Inc?
Rada Foundation Inc reported $692K in total assets on its 2025 IRS Form 990. Its revenue that year was $724K.
Where does Rada Foundation Inc operate?
Rada Foundation Inc has awarded grants in North Carolina.
What is Rada Foundation Inc's EIN?
Rada Foundation Inc's EIN (Employer Identification Number) is 93-3386726. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Rada Foundation Inc by hand.
Explore Open Grants
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