The Red Backpack Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.3M in total assets. In 2024, it awarded 3 grants totaling $1.2M. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.3M
+2.7% YoY
Annual Giving
$1.2M
+98.5% YoY
Grant Count
3
-50.0% YoY
Avg Grant Size
$392K
+297.0% YoY
About The Red Backpack Foundation Inc
Based on IRS filings
The Red Backpack Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $27.3M in total assets. In 2024, it awarded 3 grants totaling $1.2M. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,250,047 | $26,537,096 | $27,674,018 |
| Revenue | $2,572,352 | $871,338 | $1,599,647 |
| Expenses | $1,458,946 | $797,321 | $603,276 |
| Qualifying Distributions | $1,362,408 | $705,778 | $462,020 |
| Net Investment Income | $1,209,184 | $550,200 | $609,170 |
| Distributable Amount | $1,573,190 | $1,425,976 | $1,437,845 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARA BLAKELY | DIRECTOR & PRESIDENT | 1 | — |
| JOHN BLAKELY | DIRECTOR & VICE PRESIDENT | 0.01 | — |
| BASSIMA MROUE | DIRECTOR | 2 | — |
| KENDALL BURLESON | DIRECTOR | 1 | — |
| KIM JONES | MANAGER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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