Redbird Foundation
Redbird Foundation is a private foundation, based in Knoxville, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 1 grant totaling $616K. Net investment income was $597K.
Redbird Foundation at a glance
In short: Redbird Foundation gave $616K across 1 grant in 2024 (avg $616K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $616,000
- -15.8% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $616,000
- -15.8% vs 2023
- Median grant
- $616,000
- Total assets
- $6,955,366
- +0.9% vs 2023
- Primary geography
- Tennessee (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Redbird Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Elgin Children's Foundation ($616K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $500K–1M range: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Redbird Foundation gives
- In 2024 it paid out 124% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $549K (2022) to $732K (2023). In 2024 it made 1 grant totaling $616K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Elgin Children's Foundation Knoxville, TN | Charitable Contributions | $616,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,955,366 | $632,636 | $668,885 | $616,000 | 1 | $621,105 | $596,696 | $501,192 |
| 2023 | $6,891,615 | $591,344 | $752,914 | $732,000 | 1 | $733,965 | $572,395 | $454,836 |
| 2022 | $7,053,185 | $311,187 | $586,070 | $549,000 | 1 | $552,569 | $288,076 | $483,028 |
| 2021 | $7,328,068 | $593,087 | $23,656 | — | — | $2,070 | $580,564 | $528,163 |
| 2020 | $6,761,637 | $437,666 | $701,334 | $668,200 | 1 | — | $413,170 | $448,485 |
Under IRS private-foundation payout rules, Redbird Foundation reported a distributable amount of $501K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Redbird Foundation is led by Adella Thompson, Board Chair on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Adella Thompson
Board Chair
On filings since 2020
15 hrs/week
No compensation reported
Rebekah Thompson Palmer
Director
On filings since 2020
1 hr/week
No compensation reported
Catherine Vance Thompson
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Redbird Foundation
How much does Redbird Foundation give each year?
Redbird Foundation gave $616K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $732K across 1 grant.
How large is Redbird Foundation?
Redbird Foundation reported $7.0M in total assets on its 2024 IRS Form 990-PF. It paid out $621K in qualifying distributions that year, against a required minimum of $501K (roughly 5% of its investment assets).
Where does Redbird Foundation operate?
Redbird Foundation has awarded grants in Tennessee.
What is Redbird Foundation's EIN?
Redbird Foundation's EIN (Employer Identification Number) is 62-1591527. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Redbird Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Redbird Foundation's focus areas in our free grants database
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