Redskin Foundation Inc
- Assets
- $239.1k
- Revenue
- $949.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 06/1972
- Data as of
- 12/2023
- EIN
- 23-7173302
Organization Overview
Redskin Foundation Inc is located in Bethesda, MD. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redskin Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Redskin Foundation Inc generated $949.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $829.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Redskin Foundation Inc has awarded 236 individual grants totaling $2,854,450. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William D Foote Jr President/director | 1 | $0 | |
Ellin J Nolan Secretary/director | 1 | $0 | |
G Dewey Arnold III Treasurer/director | 1 | $0 | |
Philip O'donoghue Vice-President/director | 1 | $0 | |
Julia Sanders Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $945,651 |
| Interest on Savings | $3,314 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $948,965 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $65,000 |
| Pension plans, employee benefits | $7,200 |
| Interest | $0 |
| Taxes | $5,072 |
| Depreciation | $0 |
| Occupancy | $18,264 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $3,645 |
| Other expenses | $7,969 |
| Total operating and administrative expenses | $112,100 |
| Contributions, gifts, grants paid | $717,350 |
| Total expenses and disbursements | $829,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,679 |
| Savings and temporary cash investments | $236,306 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,100 |
| Total assets | $239,085 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,330 |
| Total liabilities | $4,330 |
Grants Awarded
Over the last fiscal year, Redskin Foundation Inc has awarded $717,350 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
ARC OF PRINCE GEORGE'S COUNTY PURPOSE: TO SUPPORT YOUTH ACTIVITIES | $10,000 |
ARCHBISHOP CARROLL HIGH SCHOOL PURPOSE: TO SUPPORT YOUTH ACTIVITIES | $10,000 |
BARKER FOUNDATION PURPOSE: TO SUPPORT YOUTH ACTIVITIES | $25,000 |
BEST BUDDIES PURPOSE: TO SUPPORT YOUTH ACTIVITIES | $12,640 |
ALEXANDRIA TUTORING CONSORTIUM PURPOSE: TO SUPPORT YOUTH ACTIVITIES | $10,000 |
BISHOP JOHN WALKER SCHOOL FOR BOYS PURPOSE: TO SUPPORT YOUTH ACTIVITIES | $20,000 |