Red String Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEAL BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 15 grants totaling $50K. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+6.7% YoY
Annual Giving
$50K
+0.8% YoY
Grant Count
15
-6.3% YoY
Avg Grant Size
$3K
+7.5% YoY
Under IRS private-foundation payout rules, Red String Foundation reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.
About Red String Foundation
Based on IRS filings
Red String Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEAL BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 15 grants totaling $50K. Net investment income was $27K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,123,087 | $1,052,503 | $914,370 |
| Revenue | $91,465 | $160,778 | $359,829 |
| Expenses | $59,094 | $57,636 | $41,357 |
| Qualifying Distributions | $56,558 | $55,267 | $38,436 |
| Net Investment Income | $26,507 | $102,816 | $13,914 |
| Distributable Amount | $53,005 | $46,792 | $36,872 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
71 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City Surf Project ($5,000), Ymca San Francisco ($5,000), Sound Generations ($4,200).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUB OF SANTA MONTICA SANTA MONTICA, CA | TO HELP PEOPLE IN NEED. | $4,000 |
| CITY SURF PROJECT SAN FRANCISCO, CA | TO HELP PEOPLE IN NEED. | $5,000 |
| WOMENS SHELTER SAN FRANCISCO, CA | TO HELP PEOPLE IN NEED. | $3,000 |
| HEART OF IDA LONG BEACH, CA | TO HELP PEOPLE IN NEED. | $2,000 |
| JAZZ ANGELS SIGNAL HILL, CA | TO HELP PEOPLE IN NEED. | $3,250 |
| JUBILEE REACH BELLEVUE, WA | TO HELP PEOPLE IN NEED. | $4,000 |
| KIDWORKS COMMUNITY DEVELOPMENT CORPORATION SANTA ANA, CA | TO HELP PEOPLE IN NEED. | $4,000 |
| LONG BEACH DAY NURSERY LONG BEACH, CA | TO HELP PEOPLE IN NEED. | $2,500 |
| ORANGE COUNTY BUDDIST CHURCH ANAHEIM, CA | TO HELP PEOPLE IN NEED. | $1,000 |
| RAINIER SCHOLARS SEATTLE, WA | TO HELP PEOPLE IN NEED. | $4,050 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STAN ADACHI | PRESIDENT & CHAIR | 40 | — |
| CHRISTINE WANG | CFO & DIRECTOR | 5 | — |
| LESLIE WANG | SECRETARY, COO, & DIRECTOR | 15 | — |
| GLENN YAMADA | GENERAL COUNSEL & CCO | 5 | — |
| PAM MABRY | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Red String Foundation?
Red String Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEAL BEACH, CA. It holds $1.1M in total assets as of 2024.
How large is Red String Foundation?
As of 2024, Red String Foundation holds $1.1M in total assets with $91K in annual revenue. It awarded 15 grants totaling $50K in 2024.
Where does Red String Foundation operate?
Red String Foundation has awarded grants in California, Washington.
What size grants does Red String Foundation award?
In 2024, Red String Foundation awarded 15 grants totaling $50K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Red String Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Red String Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Red String Foundation's EIN?
Red String Foundation's EIN (Employer Identification Number) is 84-4020796. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Red String Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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