Red Wing Shoe Company Foundation

Organization Overview

Red Wing Shoe Company Foundation is located in Red Wing, MN. The organization was established in 1958. 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. Red Wing Shoe Company 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 12/2021, Red Wing Shoe Company Foundation generated $904.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $824.3k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Red Wing Shoe Company Foundation has awarded 256 individual grants totaling $1,496,796. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $900,000
Interest on Savings $0
Dividends & Interest $3,029
Net Rental Income$0
Net Gain on Sale of Assets $1,229
Capital Gain Net Income $1,229
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $904,258

Grants Awarded

Over the last fiscal year, Red Wing Shoe Company Foundation has awarded $824,187 in support to 144 organizations.

Grant RecipientAmount

RED WING ELC

PURPOSE: COMMUNITY DEVELOPMENT

$123,750

RED WING ELC

PURPOSE: COMMUNITY DEVELOPMENT

$123,750

SHELDON THEATRE

PURPOSE: COMMUNITY DEVELOPMENT

$60,000

UNITED WAY - GWP

PURPOSE: COMMUNITY DEVELOPMENT

$56,681

RED WING YOUTH OUTREACH

PURPOSE: COMMUNITY DEVELOPMENT

$50,000

RED WING YOUTH OUTREACH

PURPOSE: COMMUNITY DEVELOPMENT

$42,000
View Grant Profile

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