Redman Foundation Inc is a private independent foundation established in 1951 and reincorporated in Texas in 1995. Based in Austin, Texas, the foundation operates as a family foundation with a focus on philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.3M
+45.4% YoY
Annual Giving
$481K
+33.5% YoY
Grant Count
39
+30.0% YoY
Avg Grant Size
$12K
+2.7% YoY
Grantmaking
The foundation operates on a preselected grantmaking model, meaning it only makes contributions to preselected charitable organizations. It does not accept unsolicited grant applications.
Grant Range
$10,000
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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
As of Tax Year 2023:
- Total Assets: $7.77 million
- Total Revenue: $1.64 million
- Total Expenses: $477,000
- Total Liabilities: $15,200
Historical Context (2020):
- Fair market value of assets: $9,540,547
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,303,770 | $7,773,143 | $6,597,357 |
| Revenue | $4,133,337 | $1,643,747 | $563,503 |
| Expenses | $589,325 | $476,885 | $630,511 |
| Qualifying Distributions | $513,348 | $395,457 | $574,873 |
| Net Investment Income | $657,953 | $1,606,068 | $508,117 |
| Distributable Amount | $530,612 | $404,016 | $432,332 |
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
161 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership structure includes:
| Name | Title |
|---|---|
| Janey Bills | President |
| M Elizabeth Hunt | Executive Director |
| Lorrie Gideon | Treasurer |
| Amy Williams Getzoff | Treasurer |
| Joy Henderson | Secretary |
| Carol Martin | Trustee |
| Andy Chafin | Trustee |
| Megan Flowers | Trustee |
The Executive Director works approximately 16 hours per week with annual compensation of $27,000. All other leadership positions are volunteer roles working approximately 1 hour per week with no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| M ELIZABETH HUNT | Executive Dir. | 16 | $27,000 |
| JANEY BILLS | President | 1 | — |
| LORRIE GIDEON | Treasurer | 1 | — |
| ANDY CHAFIN | Trustee | 1 | — |
| AMY WILLIAMS GETZOFF | Vice President | 1 | — |
| JOY HENDERSON | Secretary | 1 | — |
| MEGAN FLOWERS | Trustee | 1 | — |
Contact Information
- Website: redmanfoundation.org
- Phone: 214-221-5999
- Mailing Address: PO Box 160341, Austin, TX 78716-0341
- EIN: 75-2617664
- Tax-Exempt Status: 501(c)(3) private independent foundation since November 1995
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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