Red Beret Chess Foundation
Red Beret Chess Foundation is a private foundation focused on Education, based in New Orleans, LA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $2K in total assets. In 2025, it reported $1K in grants paid as a total on its IRS filing, without an itemized list.
Key facts about Red Beret Chess Foundation
In short: Red Beret Chess Foundation reported $1K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990-PF.
- EIN
- 86-2721337
- Latest 990 filing
- Form 990-PF, 2025
- Grants paid (2025)
- $1,000 — reported as a total on the IRS filing, without an itemized list
- Total assets
- $2,265
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2K
-34.7% YoY
Grants Paid (reported total)
$1K
Revenue
$684
-68.1% YoY
Qualifying Distributions
$2K
Under IRS private-foundation payout rules, Red Beret Chess Foundation reported a distributable amount of $141 for 2025 — the minimum it must pay out in qualifying distributions.
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Giving Over Time
Total grant dollars and number of grants per year
In 2025 it reported $1K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,265 | $3,471 | $2,962 |
| Revenue | $684 | $2,144 | $3,074 |
| Expenses | $1,890 | $1,635 | $312 |
| Qualifying Distributions | $1,740 | — | $312 |
| Net Investment Income | — | — | — |
| Distributable Amount | $141 | $158 | $74 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Officers and directors from IRS filings
Red Beret Chess Foundation is led by Baylee Badawy, President on every filing since 2022; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Baylee Badawy
President
On filings since 2022
1 hr/week
No compensation reported
Jerrel Wolfe
Secretary
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Red Beret Chess Foundation
How much does Red Beret Chess Foundation give each year?
Red Beret Chess Foundation reported $1K in grants paid in 2025 on its 2025 IRS Form 990-PF, as a total without an itemized list of grants.
How large is Red Beret Chess Foundation?
Red Beret Chess Foundation reported $2K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $141 (roughly 5% of its investment assets).
What is Red Beret Chess Foundation?
Red Beret Chess Foundation is a private foundation focused on Education, based in New Orleans, LA. It holds $2K in total assets as of 2025.
What is Red Beret Chess Foundation's EIN?
Red Beret Chess Foundation's EIN (Employer Identification Number) is 86-2721337. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Red Beret Chess Foundation by hand.
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