Red Bank Foundation Inc

VERO BEACH, FL EIN: 21-0737092

Red Bank Foundation Inc is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 9 grants totaling $26K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$163K

-2.5% YoY

Annual Giving

$26K

+39.8% YoY

Grant Count

9

+50.0% YoY

Avg Grant Size

$3K

-6.8% YoY

About Red Bank Foundation Inc

Based on IRS filings

Red Bank Foundation Inc is a private foundation, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 9 grants totaling $26K. Net investment income was $22K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

New BrunswickNew HavenVero Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$111K$166K$222K20202021202220232024
Metric202420232022
Total Assets$163,108$167,305$165,258
Revenue$23,870$22,657$21,996
Expenses$27,746$20,332$28,374
Qualifying Distributions$26,000$18,600$26,650
Net Investment Income$22,124$20,925$20,005
Distributable Amount$30,366$30,110$34,563

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K6 grants20206 grants20219 grants20226 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

UNITED WAY OF INDIAN RIV…$10KGIFFORD YOUTH ACHIEVEMEN…$5KJOHNS ISLAND COMMUNITY S…$5KLEARNING ALLIANCE$1KCLEVELAND CLINIC FOUNDAT…$1KJOHN'S ISLAND FOUNDATION$1KRUTGERS FOUNDATION$1KUNITED AGAINST POVERTY$1KHEALTHY START$1K

Grant Size Distribution

36 grants across all recorded years

35<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOAN N WOODHOUSEPRESIDENT

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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