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Redi Foundation is a private corporation based in PHOENIX, AZ. The foundation received its IRS ruling in 2000. The principal officer is Thomas M And Frances K Valente. It holds total assets of $478K. Annual income is reported at $253K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in California and Arizona. According to available records, Redi Foundation has made 7 grants totaling $80K, with a median grant of $10K. Annual giving has grown from $10K in 2020 to $50K in 2022. Individual grants have ranged from $3K to $25K, with an average award of $11K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in California and Arizona. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$10K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Redi Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in CA, AZ.
Redi Foundation has distributed a total of $80K across 7 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $3K to $25K.
Redi Foundation typically selects its grantees rather than accepting unsolicited proposals.
Redi Foundation is headquartered in PHOENIX, AZ. While based in AZ, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy P Valente | DIRECTOR | $0 | $0 | N/A |
| Matthew R Valente | SECRETARY/TREASURER | $0 | $0 | N/A |
| Michael J Valente | DIRECTOR | $0 | $0 | N/A |
| Thomas D Valente | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$478K
Fair Market Value
N/A
Net Worth
$478K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$80K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Vincent De PaulPROGRAM SUPPORT | Phoenix, AZ | $5K | 2021 |
| Jserra Catholic SchoolPROGRAM SUPPORT | San Juan Capistrano, CA | $25K | 2022 |
| San Diego Velodrome AssociationPROGRAM SUPPORT | San Diego, CA | $3K | 2021 |
| Velo YouthPROGRAM SUPPORT | Bonita, CA | $3K | 2021 |
| St Margaret'S Episcopal SchoolPROGRAM SUPPORT | San Juan Capistrano, CA | $10K | 2020 |
TUCSON, AZ
PHOENIX, AZ
SCOTTSDALE, AZ