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 grants totaling $616K. Net investment income was $597K.
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.
About Redbird Foundation
Based on IRS filings
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 grants totaling $616K. Net investment income was $597K.
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 | $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 |
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
Among its reported 2024 grants, the largest include Elgin Children's Foundation ($616,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ELGIN CHILDREN'S FOUNDATION KNOXVILLE, TN | CHARITABLE CONTRIBUTIONS | $616,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADELLA THOMPSON | BOARD CHAIR | 15 | — |
| CATHERINE VANCE THOMPSON | SECRETARY | 1 | — |
| REBEKAH THOMPSON PALMER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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.
How large is Redbird Foundation?
As of 2024, Redbird Foundation holds $7.0M in total assets with $633K in annual revenue. It awarded 1 grants totaling $616K in 2024.
Where does Redbird Foundation operate?
Redbird Foundation has awarded grants in Tennessee.
What size grants does Redbird Foundation award?
In 2024, Redbird Foundation awarded 1 grants totaling $616K — an average of about $616K per grant, based on its IRS Form 990 filings.
How much is Redbird Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Redbird Foundation reported a distributable amount of $501K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Redbird 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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