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.
Key facts about Red and White Foundation
In short: Red and White Foundation gave $238K across 1 grant in 2026 (avg $238K), mostly in Illinois. Source: 2026 IRS Form 990-PF.
- EIN
- 36-6037718
- Latest 990 filing
- Form 990-PF, 2026
- Annual giving (2026)
- $238,407
- Grants made (2026)
- 1
- Average grant
- $238,407
- Median grant
- $238,407
- Total assets
- $3,826,808
- Primary geography
- Illinois (100% of itemized 2026 grant dollars)
Data from IRS Form 990-PF, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990-PF · View filing
Total Assets
$3.8M
+10.1% YoY
Annual Giving
$238K
+47.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$238K
+47.6% YoY
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.
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.
Ready to take the next step with Red and White Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2026 grant dollars.
States
Cities
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.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients 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%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Chicago Chicago, IL | Unrestricted General | $238,407 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $3,826,808 | $3,474,321 | $3,342,427 |
| Revenue | $564,599 | $340,449 | $122,225 |
| Expenses | $309,574 | $221,464 | $191,948 |
| Qualifying Distributions | $260,741 | $182,705 | $159,010 |
| Net Investment Income | $525,274 | $289,477 | $79,229 |
| Distributable Amount | $207,726 | $198,905 | $180,458 |
Data update history
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
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.
Here's the math on researching Red and White Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Red and White Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Partnership for Cures
Chicago, IL
Cures Within Reach leverages the speed, safety and cost-effectiveness of testing approved therapies for new indications/diseases without effective treatment driving more treatments quicker to more patients.
Assets
$7.5M
Grants
7
Total Given
$385K
Sentry Insurance Foundation Inc
Stevens Point, WI
The foundation supports education, workforce development, United Way, and local organizations that improve quality of life and build equitable communities, especially in Wisconsin and Hawaii, including Maui. Its 2024 grants had a median of $1,500, though awards ranged widely; it accepts requests by letter to Sentry Insurance stating the organization’s purpose and requested amount.
Assets
—
Grants
271
Total Given
$7.3M
Zaccone Family Foundation
Hinsdale, IL
Assets
$499K
Grants
4
Total Given
$52K
David and Susan Kreisman Family
Delray Beach, FL
The David and Susan Kreisman Family funds a varied mix of education, humanitarian, Jewish community, cultural, and policy organizations, with most 2024 grant dollars going to Illinois and New York. Grants ranged from $500 to $500,000, with a median of $10,000. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$1.0M
Grants
27
Total Given
$1.1M
The Merops Foundation 6178-01-16
Philadelphia, PA
The Merops Foundation primarily funds archaeology-related fellowships, research, excavations, conservation, and remediation projects, with 2024 grants also supporting educational and charitable organizations. Its 15 grants ranged from $5,000 to $160,000, with a median of $33,000, and most funding went to recipients in Pennsylvania, Michigan, New York, Illinois, and Nebraska. The profile does not state whether it accepts unsolicited requests.
Assets
—
Grants
15
Total Given
$604K
Mildred E Swanson Foundation
Pennington, NJ
Assets
$3.7M
Grants
5
Total Given
$200K
Alan D and Marsha W Bramowitz
Pittsburgh, PA
Assets
$385K
Grants
7
Total Given
$20K
Intuitive Foundation
Sunnyvale, CA
The Intuitive Foundation funds medical and technology research, robotic-surgery training, and STEM and healthcare pathways, supporting eligible nonprofits in the United States and worldwide. Giving varies widely: 2024 grants ranged from $5,000 to $2.8 million, with a median of about $52,000; clinical research grants offer up to $75,000 per project. It accepts unsolicited online requests, reviewed quarterly.
Assets
$122.7M
Grants
104
Total Given
$12.6M
Universities Research Association Inc
Washington, DC
URA primarily supports university research, research facilities, education, and STEM workforce development, with 2025 grants going to universities in multiple U.S. states. Its typical grant was about $15,000 (2025 median; awards ranged from $5,059 to $39,243), and it also offers a visiting scholars program with awards up to $50,000. The profile does not state whether it accepts unsolicited requests.
Assets
$23.0M
Grants
21
Total Given
$361K
Society of Family Planning
Denver, CO
The Society of Family Planning funds competitive research on abortion and contraception, including medication abortion, contraceptive access, and family planning policy and practice, with priority for research centering people facing systemic barriers to care. In 2025, grants ranged from $400 to $723,000, with a median of about $54,000; it supports recipients across the United States. It does not accept unsolicited requests, but offers funding through specific calls for proposals.
Assets
$31.2M
Grants
61
Total Given
$4.5M
Boyle Family Foundation
Chicago, IL
The Boyle Family Foundation supports a range of organizations, with recent grants benefiting health and medical research, education, hunger relief, and youth development; its 2025 grants ranged from $2,500 to $100,000, with a median of $15,000. Based in Chicago, it gave the largest shares to recipients in Illinois, New York, Minnesota, Tennessee, and Massachusetts. It funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$18.3M
Grants
55
Total Given
$1.1M
The San Simeon Fund Inc
San Francisco, CA
Assets
$75.0M
Grants
4
Total Given
$1.5M
More Funders in Texas
Red and White Foundation down — hundreds of funders to go?