Red Wing Shoe Company Foundation logo

Red Wing Shoe Company Foundation

RED WING, MN EIN: 41-6020177 Website

The Red Wing Shoe Company Foundation is a corporate foundation based in Red Wing, Minnesota, established to improve the well-being of communities where Red Wing Shoe Company employees live and work. The foundation operates as the philanthropic arm of Red Wing Shoe Company, Inc., a privately-held footwear manufacturer founded in 1905.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.0M

-7.5% YoY

Grant Count

4

-95.4% YoY

Avg Grant Size

$255K

+1912.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's purpose is to improve the well-being of the communities in which Red Wing employees live and work. Primary funding focus areas include:

  • Education: Furthering education with emphasis on arts, science, and math; enhancing youth education
  • Arts & Sciences: Promoting the arts and sciences
  • Natural Environment: Enhancing and promoting opportunities to experience and enjoy the natural environment; developing and enhancing awareness, use, and protection of the natural environment
  • Youth Development: Increasing the well-being of youth, with emphasis on at-risk youth
  • Career Readiness: Promoting job and career readiness

The foundation distributes grants through direct grants and the Partners in Sharing employee matching program.

Grantmaking

The foundation accepts grant inquiries through its website at www.rwsf.org. Prospective applicants can submit questions and applications through an online contact form.

Grant Range

$500

Average Grant

amounts reported between $25,000 and $950,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Minnesota and Massachusetts, with a strong emphasis on communities where Red Wing Shoe Company employees are located.

Grant Distribution by State

29states
+21 more states

Cities

ARLIGTONARLINGTONATLANTABALTICBALTIMOREBETHESDABISMARCKBLOOMINGTONBOONEBOSTONBREWERBROOKLYN PARKBURNSVILLECANNON FALLSCHADDS FORDCHASKACHICAGOCLEVELANDCLIFTON PARKCOEUR D ALENE

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (2024):

  • Total Assets: $615,029
  • Total Revenues: $912,115
  • Total Expenses: $1,021,261
  • Total Grants and Contributions: $900,855
  • Investment Income and Dividends: $11,260
  • Total Giving: $1,020,875

Previous Year (2023):

  • Total Assets: $708,000
  • Total Distributions: $1.1 million
  • Total Contributions: $900,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$276K$552K$828K$1M112 grants2020144 grants202190 grants202287 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

GIVINGA FOUNDATION INC$950KSHELDON THEATRE$71KCANNON VALLEY TRAIL$125CITY OF RED WING$100

Grant Size Distribution

204 grants across all recorded years

189<$50K9$50–100K5$100–250K$250–500K1$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Red Wing Shoe Company Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • William J. Sweasy – Chairman
  • Kim Lyons – Director of Corporate Social Responsibility and Foundation Board Member
  • Suzanne Blue – Director
  • Allison Gettings – Director
  • Marisa Kinney – Director
  • Jenna Thom – Secretary

All board members serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM J SWEASYCHAIRMAN4
SUZANNE BLUEDIRECTOR2
ALLISON GETTINGSDIRECTOR2
MARISA KINNEYDIRECTOR2
JENNA THOMSECRETARY6
KIM LYONSDIRECTOR2

Recent News & Activity

Recent developments and announcements

The foundation has supported environmental conservation initiatives, including grants to organizations focused on natural environment protection and community conservation efforts. The foundation continues to award grants to local Red Wing businesses and community organizations, with recent announcements highlighting support for both downtown business development and environmental stewardship projects.

Grant from the Red Wing Shoe Foundation supports community and conservation

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

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