Redstone Family Foundation

CHESTNUT HILL, MA EIN: 26-2875287

The Redstone Family Foundation is a private foundation based in Chestnut Hill, Massachusetts. It operates as a 501(c)(3) organization dedicated to philanthropic giving across multiple sectors including education, health, legal aid, community development, and Judaism.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.6M

-4.5% YoY

Annual Giving

$1.2M

+25.0% YoY

Grant Count

18

+5.9% YoY

Avg Grant Size

$67K

+18.0% YoY

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 April 2026.

Mission & Focus Areas

The foundation supports organizations involved with:

  • Education
  • Health
  • Legal aid
  • Community development
  • Judaism
  • Combating antisemitism
  • Health equity
  • Social bridge-building and diversity initiatives

Grantmaking

The foundation awarded $101 million in grants during 2025, supporting more than 400 organizations. Recent grants documented include:

Ready to take the next step with Redstone Family Foundation?

Geographic Focus

Where this funder awards grants

The foundation funds organizations nationally, with particular emphasis on strengthening the Jewish community and supporting initiatives both domestically and internationally.

Grant Distribution by State

12states
+4 more states

Cities

AgawamAlbanyBaysideBeverlyBeverly HillsBoca RatonBostonBrooklineBrooklynCharlestonChestnut HillFairfieldKennesawLos AngelesMelvilleMiamiNew YorkRockfordRoxbury CrossingSan Francisco

Financial History

Multi-year comparison from IRS filings

Ser Family Charitable Foundation (related entity, EIN 26-2875287):

  • Total assets: $14,282,982 (2023)
  • Total revenues: $873,655 (2023)
  • Total expenses: $1,439,349 (2023)

Sumner M. Redstone Charitable Foundation (related entity, EIN 22-2761621):

  • Total assets: $57,387,952 (2024)
  • Total giving: $1,000,000 (2024)

Combined lifetime giving between the Redstone Family Foundation and the Sumner M. Redstone Charitable Foundation exceeds $2 billion.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$748K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$13,635,637$14,282,982$14,828,186
Revenue$1,207,520$873,655$-1,285,956
Expenses$1,842,733$1,439,349$2,410,273
Qualifying Distributions$1,736,953$1,327,289$2,283,417
Net Investment Income$1,101,740$761,595$397,336
Distributable Amount$763,385$791,038$900,902

Giving Over Time

Total grant dollars and number of grants per year

$0$635K$1M$2M$3M19 grants202017 grants202117 grants202217 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MERIT SPREAD FOUNDATION …$350KJEWISH GRADUATE STUDENT …$250KTIKVAH FOUNDATION$233KSIMON WIESENTHAL CENTER$125KDREAM FOR FUTURE AFRICA …$50KMICHAEL LEVIN LONE SOLDI…$35KROXBURY COMMUNITY COLLEG…$25KSOCIAL CAPITAL INC$25KTHE JEWISH FEDERATION LO…$25KWRAP WOMEN FOUNDATION$20K

Grant Size Distribution

88 grants across all recorded years

57<$50K6$50–100K12$100–250K7$250–500K6$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Merit Spread Foundation Inc ($350,000), Jewish Graduate Student Initiative ($250,000), Tikvah Foundation ($232,649).

RecipientPurposeAmount
BUILDING RELATIONSHIPS INC SOUTHFIELD, MIGENERAL$2,700
DANA FARBER CANCER INSTITUTE BROOKLINE, MAGENERAL$10,000
DREAM FOR FUTURE AFRICA FOUNDATION LOS ANGELES, CAGENERAL$50,000
GET CONNECTED ROCKFORD, ILGENERAL$10,000
GIFT OF LIFE BOCA RATON, FLGENERAL$18,000
JEWISH GRADUATE STUDENT INITIATIVE BEVERLY HILLS, CAGENERAL$250,000
LA'ARETZ FOUNDATION BROOKLYN, NYGENERAL$7,900
MERIT SPREAD FOUNDATION INC ALBANY, NYGENERAL$350,000
MICHAEL LEVIN LONE SOLDIER FOUNDATION MELVILLE, NYGENERAL$35,000
PARTNERS OF THE AMERICAS WASHINGTON, DCGENERAL$1,895

Leadership & Key People

Leadership team and compensation from IRS filings

Shari E Redstone serves as Chair of the Redstone Family Foundation. She is a graduate of Tufts University and Boston University School of Law, and previously practiced law before joining National Amusements, the company founded by her grandfather, Michael Redstone.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SHARI E REDSTONEPRESIDENT1

Recent News & Activity

Recent developments and announcements

2025

In 2025, the foundation awarded $101 million in grants to more than 400 organizations. This represented one of the most generous philanthropic years in recent memory for the foundation. The giving priorities were significantly influenced by global events, with the foundation directing primary new resources toward combating antisemitism and supporting Israel's resilience, while continuing to expand commitments to health equity and social bridge-building initiatives.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Redstone Family Foundation fund?

The foundation supports organizations involved with: • Education • Health • Legal aid • Community development • Judaism • Combating antisemitism • Health equity • Social bridge-building and diversity initiatives

How do I apply for a grant from Redstone Family Foundation?

The foundation awarded $101 million in grants during 2025, supporting more than 400 organizations. Recent grants documented include: • Simon Wiesenthal Center: $350,000 (2023) • Rennie Center for Education Research and Policy: $275,500 (2023) • American Friends of Rabin Medical Center: $100,000 (2023) The foundation's giving has been shaped by current global events, with significant resources directed toward combating antisemitism and supporting Israel's resilience following the October 7 attac…

Where does Redstone Family Foundation make grants?

The foundation funds organizations nationally, with particular emphasis on strengthening the Jewish community and supporting initiatives both domestically and internationally.

What size grants does Redstone Family Foundation award?

In 2024, Redstone Family Foundation awarded 18 grants totaling $1.2M — an average of about $67K per grant, based on its IRS Form 990 filings.

How much is Redstone Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Redstone Family Foundation reported a distributable amount of $763K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

Explore Open Grants

Browse active grant opportunities in Redstone Family Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Redstone Family Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Redstone Family Foundation to a real strategy.

Plan your approach