Red Beret Chess Foundation

NEW ORLEANS, LA EIN: 86-2721337

Red Beret Chess Foundation is a private foundation focused on Education, based in NEW ORLEANS, LA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3K in total assets.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3K

+17.2% YoY

Revenue

$2K

-30.3% YoY

Net Investment Income

Expenses

$2K

+424.0% YoY

Under IRS private-foundation payout rules, Red Beret Chess Foundation reported a distributable amount of $158 for 2024 — the minimum it must pay out in qualifying distributions.

About Red Beret Chess Foundation

Based on IRS filings

Red Beret Chess Foundation is a private foundation focused on Education, based in NEW ORLEANS, LA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $3K in total assets.

Focus Areas

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$4K$5K$7K202220232024
Metric202420232022
Total Assets$3,471$2,962$200
Revenue$2,144$3,074$6,588
Expenses$1,635$312$6,388
Qualifying Distributions$312$6,388
Net Investment Income
Distributable Amount$158$74$10

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Jerrel WolfeSecretary1
Baylee BadawyPresident1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Red Beret Chess Foundation?

Red Beret Chess Foundation is a nonprofit organization focused on Education, based in NEW ORLEANS, LA. It holds $3K in total assets as of 2024.

How large is Red Beret Chess Foundation?

As of 2024, Red Beret Chess Foundation holds $3K in total assets with $2K in annual revenue.

How much is Red Beret Chess Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Red Beret Chess Foundation reported a distributable amount of $158 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2022–2024.

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

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