The Redhead Foundation Inc
The Redhead Foundation Inc is a private foundation, based in Belmar, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $524K in total assets. In 2025, it awarded 4 grants totaling $25K. Net investment income was $19K.
The Redhead Foundation Inc at a glance
In short: The Redhead Foundation Inc gave $25K across 4 grants in 2025 (avg $6K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $24,795
- -50.1% vs 2024
- Grants made (2025)
- 4
- -50.0% vs 2024
- Average grant
- $6,199
- -0.2% vs 2024
- Median grant
- $6,199
- Total assets
- $523,630
- +13.8% vs 2024
- Primary geography
- New Jersey (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Redhead Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Tom Coughlin Jay Fund ($6K). Together the top 4 received $25K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 34 grants of 34 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How The Redhead Foundation Inc gives
- Giving grew 22% from 2022 to 2025. Method
- In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $6K (2020) to $50K (2024). In 2025 it made 4 grants totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Tom Coughlin Jay Fund Bloomfield, NJ | Unrestricted Contribution | $6,218 |
| Marian House Baltimore, MD | Unrestricted Contribution | $6,217 |
| Network for Good - Rallycap Sports Washington, DC | Unrestricted Contribution | $6,180 |
| Achieve Academy Closter, NJ | Unrestricted Contribution | $6,180 |
Ready to take the next step with The Redhead Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $523,630 | $68,937 | $30,494 | $24,795 | 4 | $24,795 | $18,937 | $24,041 |
| 2024 | $460,187 | $96,069 | $52,855 | $49,710 | 8 | $49,710 | $21,069 | $24,921 |
| 2023 | $416,973 | $106,445 | $30,445 | $25,000 | 6 | $25,000 | $16,445 | $18,435 |
| 2022 | $340,973 | $92,767 | $20,249 | $20,249 | 6 | $20,249 | $2,767 | $13,472 |
| 2021 | $268,455 | $100,003 | $25,522 | $23,478 | 10 | $23,478 | $3 | $9,524 |
| 2020 | $193,974 | $100,000 | $6,026 | $6,000 | 3 | — | — | $5,117 |
Under IRS private-foundation payout rules, The Redhead Foundation Inc reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Redhead Foundation Inc is led by Alexander B. Taylor, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Alexander B. Taylor
President
On filings since 2020
0.3 hrs/week
No compensation reported
Daniel Deluca
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Karan T. Taylor
Secretary & Treasurer
On filings since 2020
0.3 hrs/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 The Redhead Foundation Inc
How much does The Redhead Foundation Inc give each year?
The Redhead Foundation Inc gave $25K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $50K across 8 grants.
What is The Redhead Foundation Inc's typical grant size?
The Redhead Foundation Inc's median grant in 2025 was $6,199, and its average grant was $6,199, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Redhead Foundation Inc give grants?
The Redhead Foundation Inc gives mostly in New Jersey: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Maryland (25%) and District of Columbia (25%).
Does The Redhead Foundation Inc give general operating support?
Yes: 100% of The Redhead Foundation Inc's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Redhead Foundation Inc?
The Redhead Foundation Inc reported $524K in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 10, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Redhead Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
AbbVie Foundation
North Chicago, IL
The AbbVie Foundation funds health equity, access to care, cancer care, community health, and related community-led programs through partnerships and employee initiatives. Its 2025 grants ranged from $8,000 to $15 million, with a median of $25,000; it supports work worldwide, with the largest share of recent grants going to Illinois. It makes grants only to preselected organizations and does not accept unsolicited requests.
Assets
$265.6M
Grants
65
Total Given
$47.1M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Columbia Bank Foundation
Fair Lawn, NJ
Columbia Bank Foundation funds affordable housing, community and economic development, financial literacy, health and human services, food security, environmental sustainability, and the arts, prioritizing communities in Columbia Bank’s footprint, especially in New Jersey. Its grants vary widely; the 2025 median was $2,500, while listed programs generally offer $1,000–$25,000. It accepts requests through its grant programs, with application schedules varying by program.
Assets
$42.6M
Grants
319
Total Given
$1.7M
Community Foundation of New Jersey
Morristown, NJ
The Community Foundation of New Jersey supports a broad range of causes, including arts, education, health, human services, and the environment, through donor-directed and other charitable funds. Its 2024 itemized grants had a median of $19,759, with awards ranging widely; its current health grant opportunity serves Morris and Somerset counties. Eligible New Jersey nonprofits may apply to specific grant opportunities, subject to each opportunity’s guidelines.
Assets
$1.0B
Grants
1,321
Total Given
$93.8M
Oceanfirst Foundation
Toms River, NJ
OceanFirst Foundation funds nonprofits working in health and wellness, housing, youth development and education, economic stability, quality of life, and higher education in communities served by OceanFirst Bank. In 2025 it awarded grants of $50 to $55,000, with a median of $2,200. It does not limit giving to preselected organizations; prospective applicants are directed to contact the foundation to discuss fit before applying through its online portal.
Assets
$6.1M
Grants
425
Total Given
$1.6M
More similar funders
More Funders in New Jersey
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Redhead Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Redhead Foundation Inc down — hundreds of funders to go?