Redgates Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $164K in total assets. In 2024, it awarded 16 grants totaling $42K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$164K
-20.9% YoY
Annual Giving
$42K
+0.0% YoY
Grant Count
16
+6.7% YoY
Avg Grant Size
$3K
-6.3% YoY
Under IRS private-foundation payout rules, Redgates Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Redgates Foundation
Based on IRS filings
Redgates Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTONSALEM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $164K in total assets. In 2024, it awarded 16 grants totaling $42K. Net investment income was $5K.
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 | $163,527 | $206,689 | $249,427 |
| Revenue | $8,151 | $-5,153 | $-2,606 |
| Expenses | $45,017 | $45,084 | $46,467 |
| Qualifying Distributions | $42,000 | $42,000 | $42,000 |
| Net Investment Income | $4,929 | $5,299 | $5,066 |
| Distributable Amount | $8,646 | $9,588 | $12,221 |
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
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Effective Ministries Inc ($6,000), Anna Julia Cooper School ($6,000), Kickstart Kids ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MAKE A WISH FOUNDATION RICHMOND, VA | GENERAL FUND | $1,500 |
| ALZHEIMERS ASSOCIATION GLEN ALLEN, VA | GENERAL FUND | $2,500 |
| ST JAMES CHILDRENS CENTER RICHMOND, VA | GENERAL FUND | $2,500 |
| VCU MASSEY CANCER CENTER RICHMOND, VA | GENERAL FUND | $2,000 |
| JHW FOUNDATION MANAKINSABOT, VA | GENERAL FUND | $2,000 |
| SENIOR SERVICES WINSTON SALEM, NC | GENERAL FUND | $2,000 |
| CRISIS CONTROL MINISTRY WINSTON SALEM, NC | GENERAL FUND | $3,000 |
| TRELLIS SUPPORTIVE CARE WINSTON SALEM, NC | GENERAL FUND | $1,000 |
| HOPEWAY FOUNDATION CHARLOTTE, NC | GENERAL FUND | $3,000 |
| KICKSTART KIDS HOUSTON, TX | GENERAL FUND | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LLOYD H FORD | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Redgates Foundation?
Redgates Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINSTONSALEM, NC. It holds $164K in total assets as of 2024.
How large is Redgates Foundation?
As of 2024, Redgates Foundation holds $164K in total assets with $8K in annual revenue. It awarded 16 grants totaling $42K in 2024.
Where does Redgates Foundation operate?
Redgates Foundation has awarded grants in North Carolina, Texas, Virginia.
What size grants does Redgates Foundation award?
In 2024, Redgates Foundation awarded 16 grants totaling $42K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Redgates Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Redgates Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Redgates Foundation's EIN?
Redgates Foundation's EIN (Employer Identification Number) is 56-2407741. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Redgates 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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