The Nell J Redfield Foundation
- Assets
- $69.3m
- Revenue
- $13.9m
- Investments
- $65.3m
- Employees
- 0
- Location
- Reno, NV
- Founding
- 03/2010
- Data as of
- 12/2022
- EIN
- 27-1017158
Organization Overview
The Nell J Redfield Foundation is located in Reno, NV. The organization was established in 2010. 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. Nell J Redfield Foundation 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 12/2022, Nell J Redfield Foundation generated $13.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $5.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nell J Redfield Foundation has awarded 260 individual grants totaling $14,106,332. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald C Smith President & Director | 40 | $225,000 | |
Daniel K Walker Vp, CFO & Director | 8.3 | $25,000 | |
Melissa A Fowler Director & Secretary | 8.3 | $25,000 | |
Michael Sebree Director In Waiting | 1.8 | $5,000 | |
Kevin Tiber Director In Waiting | 1.8 | $5,000 | |
Glenda Hudgens Director In Waiting | 1.8 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $80,518 |
| Dividends & Interest | $2,109,952 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,618,919 |
| Capital Gain Net Income | $11,585,667 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $68,215 |
| Total Revenue | $13,877,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $290,000 |
| Other employee salaries and wages | $79,516 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $184,221 |
| Depreciation | $1,561 |
| Occupancy | $31,344 |
| Travel, conferences, and meetings | $1,947 |
| Printing and publications | $0 |
| Other expenses | $55,439 |
| Total operating and administrative expenses | $914,088 |
| Contributions, gifts, grants paid | $4,720,774 |
| Total expenses and disbursements | $5,634,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,458 |
| Savings and temporary cash investments | $1,587,417 |
| 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 | $1,247,463 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $787,884 |
| Investments—mortgage loans | $0 |
| Investments—other | $65,277,203 |
| Net Land, buildings, and equipment | $9,367 |
| Other assets | $299,774 |
| Total assets | $69,289,566 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $903,714 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $903,714 |
Grants Awarded
Over the last fiscal year, The Nell J Redfield Foundation has awarded $4,720,774 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
AVA BALLET THEATER PURPOSE: 2022 PERFORMANCE SEASON | $15,000 |
AMPLIFY LIFE - SPECIAL RECREATION SERVICES PURPOSE: SUPPORT 80 CAMPERS AND 30 STAFF TO ATTEND THE 2022 SUMMER CAMP AT GRIZZLY RANCH | $57,500 |
ARTS FOR ALL NEVADA (FORMERLY VSA) PURPOSE: WORKSHOPS, CAMPS AND FESTIVALS FOR 2022 | $15,000 |
ASSISTANCE LEAGUE PURPOSE: HOLIDAY FUNDING 2022 | $30,000 |
BIG BROTHERS BIG SISTERS PURPOSE: MENTORING PROGRAM FOR 2022 | $20,000 |
BISHOP MANOGUE PURPOSE: NELL J. REDFIELD SCHOLARSHIP PROGRAM FOR 2022/23 | $50,000 |