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Red Cedar Foundation Inc. is a private corporation based in CORAL GABLES, FL. The foundation received its IRS ruling in 2014. The principal officer is % Robert W Jensen. It holds total assets of $712K. Annual income is reported at $39K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Red Cedar Foundation Inc. has made 4 grants totaling $201K, with a median grant of $48K. Annual giving has decreased from $60K in 2020 to $45K in 2023. Grantmaking activity was highest in 2022 with $96K distributed across 2 grants. Individual grants have ranged from $45K to $60K, with an average award of $50K. Grant recipients are concentrated in Rhode Island. Contributions to this foundation are tax-deductible.
Red Cedar Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in RI.
Red Cedar Foundation Inc. has distributed a total of $201K across 4 grants. The median grant size is $48K, with an average of $50K. Individual grants have ranged from $45K to $60K.
Red Cedar Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Red Cedar Foundation Inc. is headquartered in CORAL GABLES, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert W Jensen | PRESIDENT & | $6K | $0 | $6K |
| Audrey C Jensen | DIRECTOR | $0 | $0 | $0 |
| E Rodman Titcomb Jr | DIRECTOR | $0 | $0 | $0 |
Total Giving
$53K
Total Assets
$737K
Fair Market Value
$859K
Net Worth
$737K
Grants Paid
$45K
Contributions
$0
Net Investment Income
$25K
Distribution Amount
$42K
Total Grants
4
Total Giving
$201K
Average Grant
$50K
Median Grant
$48K
Unique Recipients
1
Most Common Grant
$48K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vanguard Charitable Endowment ProgVARIOUS 501(C)(3) CONTRIBUTIONS | Warwick, RI | $45K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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