Red Electric Foundation

MONTGOMERY, TX EIN: 91-2092459

Red Electric Foundation is a private foundation focused on Recreation & Sports, based in MONTGOMERY, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $141K in total assets. In 2025, it awarded 16 grants totaling $11K. Net investment income was $24K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$141K

+1.0% YoY

Annual Giving

$11K

-9.8% YoY

Grant Count

16

+14.3% YoY

Avg Grant Size

$679.5

-21.1% YoY

About Red Electric Foundation

Based on IRS filings

Red Electric Foundation is a private foundation focused on Recreation & Sports, based in MONTGOMERY, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $141K in total assets. In 2025, it awarded 16 grants totaling $11K. Net investment income was $24K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

BingenBullhead CityConroeCookEncinitasFort WorthGoldendaleHatfieldHillsdaleHood RiverLahainaNevadaOld HickoryPortlandSeattleSherman OaksSpringfieldStaten IslandTemeculaUnderwood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$14K$21K$28K20212022202320242025
Metric202520242023
Total Assets$140,912$139,495$149,501
Revenue$24,269$16,816$13,109
Expenses$25,251$22,426$16,583
Qualifying Distributions$10,872$12,050$12,733
Net Investment Income$24,269$16,854$13,109
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$10K$13K18 grants202116 grants202215 grants202314 grants202416 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Western Antique automobi…$2KHILLSDALE COLLEGE$2KSTEVEN SILLER TUNNEL TO …$1KGORGE MAKERSPACE$850AMERICAN LEGION POST 87$522WHITE SALMON LIONS CLUB$500UNDERWOOD FIRE DEPARTMENT$500WS COMMUNITY YOUTH CENTER$500WOUNDED WARRIOR$500LOVE HEALS YOUTH$500

Grant Size Distribution

79 grants across all recorded years

79<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Western Antique automobile Museum ($2,000), Hillsdale College ($2,000), Steven Siller Tunnel to Towers ($1,000).

RecipientPurposeAmount
WHITE SALMON LIONS CLUB WHITE SALMON, WATO EMPOWER VOLUNTEERS TO SERVE THEIR COMMUNITIES AND MEET HUMANITARIAN NEEDS$500
Western Antique automobile Museum Hood River, ORPROVIDES PUBLIC ACCESS TO THE MUSEUM'S ANTIQUE AEROPLANES AND AUTOMOBILES$2,000
SKYLINE FOUNDATION WHITE SALMON, WATo provide support for improving health care in columbia gorge$200
UNDERWOOD FIRE DEPARTMENT UNDERWOOD, WATo provide suport for the local fire department$500
ELKS LODGE 1868 WHITE SALMON, WATo support the positive, long lasting changes within the local community.$200
WS COMMUNITY YOUTH CENTER WHITE SALMON, WAPROVIDES AFTER SCHOOL RECREATION AND EDUCATIONAL ACTIVITIES FOR AT RISK YOUTH.$500
AMERICAN LEGION POST 87 BULLHEAD CITY, AZSUPPORT OF VETERANS$522
HILLSDALE COLLEGE HILLSDALE, MIEDUCATION$2,000
WOUNDED WARRIOR ENCINITAS, CAASSIST WOUNDED VEETERANS$500
GORGE MAKERSPACE WHITE SALMON, WAPROMOTE YOUTH WITH HANDS ON STEM SKILLS$850

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
CAM THOMASBOARD MEMBER2
BARBARA H THOMASBOARD MEMBER0.5
RANDY KNOWLESBOARD MEMBER0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Red Electric Foundation?

Red Electric Foundation is a private foundation focused on Recreation & Sports, based in MONTGOMERY, TX. It holds $141K in total assets as of 2025.

How large is Red Electric Foundation?

As of 2025, Red Electric Foundation holds $141K in total assets with $24K in annual revenue. It awarded 16 grants totaling $11K in 2025.

Where does Red Electric Foundation operate?

Red Electric Foundation has awarded grants in Alabama, Arkansas, Arizona, California, District of Columbia, Hawaii, Michigan, Missouri, New York, Oregon, Tennessee, Texas, Washington.

What size grants does Red Electric Foundation award?

In 2025, Red Electric Foundation awarded 16 grants totaling $11K — an average of about $679.5 per grant, based on its IRS Form 990 filings.

What is Red Electric Foundation's EIN?

Red Electric Foundation's EIN (Employer Identification Number) is 91-2092459. IRS Form 990 filing data is available on this page for 2021–2025.

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Related Funders

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

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