Funder DirectoryRedco Foundation Inc
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Private foundation (trust)EIN 010546160Est. 2002-03

Redco Foundation Inc

Portland, ME 04112

Total Assets

$5.8M

FY 2023

Annual Giving

$264K

FY 2023

Grants Made

17

FY 2023

Avg Grant

$16K

FY 2023

Grant Range

$5K–$100K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$452K

Total Expenses

$327K

Qualifying Distributions

$304K

Distributable Amount

$264K

Min. Investment Return

$267K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

17 grants

Grant sizes from minimum $5K through median $10K to maximum $100K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2019 to 2023. Peak $304K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

65 grants

Good Shepherd Food Bank
$325K
3 grants
Pen Bay Soccer Club
$106K
5 grants
AIO Food Pantry
$75K
2 grants
Trekkers Inc
$60K
5 grants
Sundog Outdoor Expeditions
$50K
4 grants
Mid-Coast Recreation Center
$43K
3 grants
Camden Hills Regional High School
$40K
2 grants
Bring Change To Mind (BC2M)
$40K
4 grants

Grant Size Distribution

65 grants

<$10K
50
grants
$10–50K
12
grants
$50–250K
3
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

5 states

Maine
$846K
86% of total
California
$40K
4% of total
Virginia
$40K
4% of total
Oregon
$35K
4% of total
Massachusetts
$20K
2% of total

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Redco Foundation Inc — Grants, Financials & Contact | Grantivo