Sumner M Redstone Charitable Foundation

Private foundation · Grantmaker Chestnut Hill, MA EIN: 22-2761621
Arts and cultureVisual artsFilm and videoMuseumsArt museums

Sumner M Redstone Charitable Foundation is a private foundation focused on Arts and culture, based in Chestnut Hill, MA. IRS filing data is available from 2020 through 2025.

Key facts about Sumner M Redstone Charitable Foundation

EIN
22-2761621
Latest 990 filing
Form 990-PF, 2025

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Revenue

$3K

-99.9% YoY

Expenses

$18K

-98.9% YoY

How Sumner M Redstone Charitable Foundation gives

  • Giving fell 68% from 2021 to 2024. Method
  • In 2024 it paid out 39% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BostonWoodland HillsBrooklineLong BeachMattapanStorrs Mansfield

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M0 grants2020 3 grants2021 3 grants2022 1 grant2023 2 grants2024 0 grants2025

From 2021 to 2024, annual grant giving ranged from $1.0M (2024) to $4.3M (2022). In 2024 it made 2 grants totaling $1.0M.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

9 grants across all recorded years

1<$50K$50–100K1$100–250K1$250–500K2$500K–1M4$1–5M$5M+

The most common grant size was in the $1–5M range: 4 grants of 9 (44%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M$80M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets—$57,387,952$55,658,429
Revenue$3,452$3,444,428$1,189,334
Expenses$18,047$1,707,084$1,974,186
Qualifying Distributions—$1,237,570$1,570,999
Net Investment Income—$2,974,914$1,361,122
Distributable Amount—$3,210,304$2,900,395

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Sumner M Redstone Charitable Foundation is led by Shari Redstone, President since 2024 (on filings since 2020) — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Shari Redstone

    President

    Trustee → President, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Sumner M Redstone Charitable Foundation

What is Sumner M Redstone Charitable Foundation?

Sumner M Redstone Charitable Foundation is a private foundation focused on Arts and culture, based in Chestnut Hill, MA.

Where does Sumner M Redstone Charitable Foundation operate?

Sumner M Redstone Charitable Foundation has awarded grants in California, Connecticut, Massachusetts.

What is Sumner M Redstone Charitable Foundation's EIN?

Sumner M Redstone Charitable Foundation's EIN (Employer Identification Number) is 22-2761621. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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