Redstone Family Foundation
Redstone Family Foundation is a private foundation based in Chestnut Hill, Massachusetts. Its 2024 filing reports grants to organizations working in areas including Jewish community life and human rights, education, community engagement, children’s feeding and education, organ donation, and community violence prevention.
Redstone Family Foundation at a glance
In short: Redstone Family Foundation gave $1.2M across 18 grants in 2024 (avg $67K), mostly in New York. 61% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,207,944
- +25.0% vs 2023
- Grants made (2024)
- 18
- +5.9% vs 2023
- Average grant
- $67,108
- +18.0% vs 2023
- Median grant
- $22,500
- Total assets
- $13,635,637
- -4.5% vs 2023
- New grantees (estimate)
- 61% first-time grantees (11 of 18, 2024; small sample)
- Primary geography
- New York (53% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Redstone Family Foundation
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. Its filing lists Shari E Redstone as the contact, with no required form or materials and no restrictions on awards.
- Contact
Application contact: Shari E Redstone
Mailing address: PO Box 67017, Chestnut Hill, MA 02467-9998
Phone: (781) 461-1600
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Redstone Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Merit Spread Foundation Inc ($350K). Together the top 10 received $1.1M.
Grant Size Distribution
88 grants across all recorded years
The most common grant size was under $50K: 57 grants of 88 (65%).
Geographic Focus
Where this funder awards grants
In 2024, 53% of grant dollars went to recipients in New York, 39% to California, 5% to Massachusetts, and 1% each to Florida and Illinois.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
States
Cities
Is Redstone Family Foundation open to new grantees?
61%
first-time grantees, 2024
In 2024, 11 of 18 grantees (61%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $63K; repeat grants $73K. How we count
Medians: $18K first-time, $35K repeat.
- 28% of 2024 grantees were also funded in 2023. Method
- Giving fell 52% from 2021 to 2024. Method
- In 2024 it paid out 228% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $967K (2023) to $2.5M (2021). In 2024 it made 18 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Merit Spread Foundation Inc Albany, NY | General | $350,000 |
| Jewish Graduate Student Initiative Beverly Hills, CA | General | $250,000 |
| Tikvah Foundation New York, NY | General | $232,649 |
| Simon Wiesenthal Center Los Angeles, CA | General | $125,000 |
| Dream for Future Africa Foundation Los Angeles, CA | General | $50,000 |
| Michael Levin Lone Soldier Foundation Melville, NY | General | $35,000 |
| Roxbury Community College Foundation Roxbury Crossing, MA | General | $25,000 |
| Social Capital Inc Woburn, MA | General | $25,000 |
| The Jewish Federation Los Angeles Los Angeles, CA | General | $25,000 |
| Wrap Women Foundation Los Angeles, CA | General | $20,000 |
Ready to take the next step with Redstone Family Foundation?
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 | $13,635,637 | $1,207,520 | $1,842,733 | $1,207,944 | 18 | $1,736,953 | $1,101,740 | $763,385 |
| 2023 | $14,282,982 | $873,655 | $1,439,349 | $966,629 | 17 | $1,327,289 | $761,595 | $791,038 |
| 2022 | $14,828,186 | $-1,285,956 | $2,410,273 | $2,251,500 | 17 | $2,283,417 | $397,336 | $900,902 |
| 2021 | $18,614,131 | $2,218,499 | $2,719,505 | $2,541,800 | 17 | $2,553,809 | $2,052,803 | $1,105,539 |
| 2020 | $19,096,453 | $989,480 | $1,347,481 | $1,202,266 | 19 | — | $844,515 | $1,055,636 |
Under IRS private-foundation payout rules, Redstone Family Foundation reported a distributable amount of $763K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. For example, Jewish Graduate Student Initiative says it works to support Jewish life on graduate school campuses and connect Jewish graduate students, alumni, and executives with their heritage and the broader Jewish community. Simon Wiesenthal Center describes itself as a global Jewish human rights organization that confronts antisemitism and hate, stands with Israel, defends the safety of Jews worldwide, and teaches the lessons of the Holocaust.
Other supported organizations describe missions that include providing feeding and education programs for children in Ethiopia (Dream for Future Africa Foundation), supporting educational opportunities for Roxbury Community College students (Roxbury Community College Foundation), and strengthening communities through civic engagement (Social Capital Inc.). Gift of Life describes its work as raising awareness of organ, eye, and tissue donation and supporting patients and families. Get Connected says it works to help eliminate community gun violence.
Grantmaking
In 2024, the foundation reported 18 grants totaling $1,207,944. Grants ranged from $1,800 to $350,000, with a median of $22,500. The largest grants included $350,000 to Merit Spread Foundation Inc., $250,000 to Jewish Graduate Student Initiative, $232,649 to Tikvah Foundation, and $125,000 to Simon Wiesenthal Center. Other reported grants included $50,000 to Dream for Future Africa Foundation, $25,000 each to Roxbury Community College Foundation and Social Capital Inc., and $18,000 each to Gift of Life and UJA Federation of New York.
Leadership & Key People
Leadership team and compensation from IRS filings
Shari E Redstone is listed as president on the 2024 filing.
Redstone Family Foundation is led by Shari E. Redstone, President since 2024 (on filings since 2020) — the only officer listed, and uncompensated.
Officers on the 2024 filing
Shari E. Redstone
President
Trustee → President, 2024
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 Redstone Family Foundation
How much does Redstone Family Foundation give each year?
Redstone Family Foundation gave $1.2M across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $967K across 17 grants.
What is Redstone Family Foundation's typical grant size?
Redstone Family Foundation's median grant in 2024 was $22,500, and its average grant was $67,108, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Redstone Family Foundation that year got $63K on average.
Where does Redstone Family Foundation give grants?
Redstone Family Foundation gives mostly in New York: 53% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (39%). The most frequent recipient cities were Los Angeles, CA (4 grants) and New York, NY (2 grants).
Does Redstone Family Foundation give general operating support?
Yes: 100% of Redstone Family Foundation's 2024 grants with a stated purpose (18 of 18) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Redstone Family Foundation's largest grantees?
Redstone Family Foundation's largest 2024 grantees include Merit Spread Foundation Inc ($350,000), Jewish Graduate Student Initiative ($250,000) and Tikvah Foundation ($232,649), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.
How large is Redstone Family Foundation?
Redstone Family Foundation reported $13.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.7M in qualifying distributions that year, against a required minimum of $763K (roughly 5% of its investment assets).
What does Redstone Family Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Redstone Family Foundation?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Redstone Family Foundation's EIN?
Redstone Family Foundation's EIN (Employer Identification Number) is 26-2875287. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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 Redstone Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Redstone Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Redstone Family Foundation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/redstone-family-foundation-morg_655fe1443542441cadda9e3035f5697f
BibTeX
@misc{grantable_262875287_2026,
author = {{Grantable}},
title = {{Redstone Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/redstone-family-foundation-morg_655fe1443542441cadda9e3035f5697f},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Redstone Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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