Redbird Foundation
Redbird Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Key facts about Redbird Foundation
In short: Redbird Foundation gave $616K across 1 grant in 2024 (avg $616K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.
- EIN
- 62-1591527
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $616,000
- Grants made (2024)
- 1
- Average grant
- $616,000
- Median grant
- $616,000
- Total assets
- $6,955,366
- Primary geography
- Tennessee (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
+0.9% YoY
Annual Giving
$616K
-15.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$616K
-15.8% YoY
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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ELGIN CHILDREN'S FOUNDATION Knoxville, TN | CHARITABLE CONTRIBUTIONS | $616,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,955,366 | $6,891,615 | $7,053,185 |
| Revenue | $632,636 | $591,344 | $311,187 |
| Expenses | $668,885 | $752,914 | $586,070 |
| Qualifying Distributions | $621,105 | $733,965 | $552,569 |
| Net Investment Income | $596,696 | $572,395 | $288,076 |
| Distributable Amount | $501,192 | $454,836 | $483,028 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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).
What is Redbird Foundation?
Redbird Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Knoxville, TN. It holds $7.0M in total assets as of 2024.
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.
Here's the math on researching Redbird Foundation by hand.
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