The Redhead Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMAR, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $460K in total assets. In 2024, it awarded 8 grants totaling $50K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$460K
+10.4% YoY
Annual Giving
$50K
+98.8% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$6K
+49.1% YoY
Under IRS private-foundation payout rules, The Redhead Foundation Inc reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About The Redhead Foundation Inc
Based on IRS filings
The Redhead Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMAR, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $460K in total assets. In 2024, it awarded 8 grants totaling $50K. Net investment income was $21K.
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 | $460,187 | $416,973 | $340,973 |
| Revenue | $96,069 | $106,445 | $92,767 |
| Expenses | $52,855 | $30,445 | $20,249 |
| Qualifying Distributions | $49,710 | $25,000 | $20,249 |
| Net Investment Income | $21,069 | $16,445 | $2,767 |
| Distributable Amount | $24,921 | $18,435 | $13,472 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Network for Good - Rallycap Sports ($9,710), Tom Coughlin Jay Fund ($9,160), Marian House ($8,109).
| Recipient | Purpose | Amount |
|---|---|---|
| GLOBAL GIVING WASHINGTON, DC | UNRESTRICTED CONTRIBUTION | $5,000 |
| MARIAN HOUSE BALTIMORE, MD | UNRESTRICTED CONTRIBUTION | $8,109 |
| TOM COUGHLIN JAY FUND BLOOMFIELD, NJ | UNRESTRICTED CONTRIBUTION | $9,160 |
| NO LIMITS CAFE RED BANK, NJ | UNRESTRICTED CONTRIBUTION | $5,000 |
| NETWORK FOR GOOD - RALLYCAP SPORTS WASHINGTON, DC | UNRESTRICTED CONTRIBUTION | $9,710 |
| JERSEY CARES LIVINGSTON, NJ | UNRESTRICTED CONTRIBUTION | $2,500 |
| LUNCH BREAK RED BANK, NJ | UNRESTRICTED CONTRIBUTION | $6,231 |
| ALLAIR Wall Township, NJ | UNRESTRICTED CONTRIBUTION | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDER B TAYLOR | PRESIDENT | 0.25 | — |
| KARAN T TAYLOR | SECRETARY, TREASURER | 0.25 | — |
| DANIEL DELUCA | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Redhead Foundation Inc?
The Redhead Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMAR, NJ. It holds $460K in total assets as of 2024.
How large is The Redhead Foundation Inc?
As of 2024, The Redhead Foundation Inc holds $460K in total assets with $96K in annual revenue. It awarded 8 grants totaling $50K in 2024.
Where does The Redhead Foundation Inc operate?
The Redhead Foundation Inc has awarded grants in Arizona, District of Columbia, Massachusetts, Maryland, Michigan, New Jersey, New York, Pennsylvania.
What size grants does The Redhead Foundation Inc award?
In 2024, The Redhead Foundation Inc awarded 8 grants totaling $50K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Redhead Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Redhead Foundation Inc reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Redhead Foundation Inc's EIN?
The Redhead Foundation Inc's EIN (Employer Identification Number) is 86-1122710. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Redhead Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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