Redy Foundation Inc is a private foundation focused on Education, based in NEWARK, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 4 grants totaling $12K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245K
-3.8% YoY
Annual Giving
$12K
-48.7% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$3K
-48.7% YoY
Under IRS private-foundation payout rules, Redy Foundation Inc reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Redy Foundation Inc
Based on IRS filings
Redy Foundation Inc is a private foundation focused on Education, based in NEWARK, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245K in total assets. In 2024, it awarded 4 grants totaling $12K. Net investment income was $3K.
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 | $245,133 | $254,743 | $273,192 |
| Revenue | $4,458 | $6,908 | $196,856 |
| Expenses | $15,138 | $25,358 | $8,562 |
| Qualifying Distributions | $12,175 | $22,799 | $6,679 |
| Net Investment Income | $2,738 | $4,339 | — |
| Distributable Amount | $18,851 | $15,894 | $5,746 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Usc ($7,000), Dcaa ($3,000), Team Cure Cholangio ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DCAA Wilmington, DE | GoodworksCharity | $3,000 |
| Team Cure Cholangio Wilmington, DE | GoodworksCharity | $1,000 |
| DCGA Wilmington, DE | GoodworksCharity | $600 |
| USC Pasadena, CA | GoodworksCharity | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAY YIN | Officer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Redy Foundation Inc?
Redy Foundation Inc is a private foundation focused on Education, based in NEWARK, DE. It holds $245K in total assets as of 2024.
How large is Redy Foundation Inc?
As of 2024, Redy Foundation Inc holds $245K in total assets with $4K in annual revenue. It awarded 4 grants totaling $12K in 2024.
Where does Redy Foundation Inc operate?
Redy Foundation Inc has awarded grants in California, Delaware.
What size grants does Redy Foundation Inc award?
In 2024, Redy Foundation Inc awarded 4 grants totaling $12K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Redy Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Redy Foundation Inc reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Redy Foundation Inc's EIN?
Redy Foundation Inc's EIN (Employer Identification Number) is 84-4354059. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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