Red and White Foundation
Red and White Foundation is a private foundation focused on Education, based in Dallas, TX. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $3.8M in total assets. In 2026, it awarded 1 grant totaling $238K. Net investment income was $525K.
Red and White Foundation at a glance
In short: Red and White Foundation gave $238K across 1 grant in 2026 (avg $238K), mostly in Illinois. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $238,407
- +47.6% vs 2025
- Grants made (2026)
- 1
- +0.0% vs 2025
- Average grant
- $238,407
- +47.6% vs 2025
- Median grant
- $238,407
- Total assets
- $3,826,808
- +10.1% vs 2025
- Primary geography
- Illinois (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Red and White Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2026
The largest 2026 recipient was University of Chicago ($238K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2026 grant dollars on its one itemized grant.
States
Cities
How Red and White Foundation gives
- Giving grew 32% from 2023 to 2026. Method
- In 2026 it paid out 126% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $140K (2024) to $238K (2026). In 2026 it made 1 grant totaling $238K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Chicago Chicago, IL | Unrestricted General | $238,407 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,826,808 | $564,599 | $309,574 | $238,407 | 1 | $260,741 | $525,274 | $207,726 |
| 2025 | $3,474,321 | $340,449 | $221,464 | $161,530 | 1 | $182,705 | $289,477 | $198,905 |
| 2024 | $3,342,427 | $122,225 | $191,948 | $140,082 | 1 | $159,010 | $79,229 | $180,458 |
| 2023 | $3,407,828 | $-67,764 | $248,805 | $180,607 | 1 | $199,299 | $48,529 | $178,163 |
| 2022 | $3,718,660 | $766,336 | $245,833 | $185,916 | 1 | $207,341 | $725,181 | $204,090 |
| 2021 | $3,502,767 | $241,874 | $208,443 | $149,899 | 1 | — | $210,376 | $177,860 |
Under IRS private-foundation payout rules, Red and White Foundation reported a distributable amount of $208K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Red and White Foundation's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).
Officers on the 2026 filing
Bank Of America
Trustee
On filings since 2022
1 hr/week
$52K (2022) → $55K (2026)
Former officers (1)
- Former: Bank Of America N A (2021) — Trustee
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $55K, to Bank of America (Trustee).
Frequently asked questions about Red and White Foundation
How much does Red and White Foundation give each year?
Red and White Foundation gave $238K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $162K across 1 grant.
How large is Red and White Foundation?
Red and White Foundation reported $3.8M in total assets on its 2026 IRS Form 990-PF. It paid out $261K in qualifying distributions that year, against a required minimum of $208K (roughly 5% of its investment assets).
What is Red and White Foundation?
Red and White Foundation is a private foundation focused on Education, based in Dallas, TX. It holds $3.8M in total assets as of 2026.
Where does Red and White Foundation operate?
Red and White Foundation has awarded grants in Illinois.
What is Red and White Foundation's EIN?
Red and White Foundation's EIN (Employer Identification Number) is 36-6037718. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 26, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS July 1, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 2, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 24, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2025)
- Updated Form 990-PF for fiscal year 2026 (received by the IRS April 21, 2026)
- IRS filings on file for fiscal years 2021–2026
Live grants for the work Red and White Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Red and White Foundation's focus areas in our free grants database
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