Dora Bastiani Redmon Memorial Research Foundation is located in Franktown, CO. The organization was established in 1997. 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. Dora Bastiani Redmon Memorial Research 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, Dora Bastiani Redmon Memorial Research Foundation generated $3.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $19.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO CHARITABLE ACTIVITIES THIS YEAR OTHER THAN CHARITABLE GIFTING.
NO CHARITABLE ACTIVITIES THIS YEAR OTHER THAN CHARITABLE GIFTING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John G Redmon President | 0 | $0 | |
James J Redmon Vice Preside | 0 | $0 | |
Gailen D Marshall MD Director | 0 | $0 | |
Laura L Somerville MD Director | 0 | $0 | |
E William Langley CPA CFP Director | 0 | $0 | |
John G Redmon President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,098 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,098 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,013 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $5,038 |
| Contributions, gifts, grants paid | $14,000 |
| Total expenses and disbursements | $19,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,214 |
| Savings and temporary cash investments | $641 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $31,040 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $330,895 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Dora Bastiani Redmon Memorial Research Foundation has awarded $28,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD WAKEBOARD ASSOCIATION PURPOSE: TO HELP UNDERPRIVILEGED CHILDREN | $4,000 |
BRAVE THE WAVE CO PURPOSE: ASSIST WITH PHYSICAL DISABILITIES | $2,000 |
ABOVE THE WAKE PURPOSE: HELP AUTISTIC KIDS | $2,000 |
ALAMEDA YOUTH BASEBALL PURPOSE: TO PROVIDE SPORTS FOR YOUTHS | $4,000 |
BRAVE THE WAVE CO PURPOSE: ASSIST WITH PHYSICAL DISABILITIES | $2,500 |
WORLD WAKEBOARD ASSOCIATION PURPOSE: TO HELP UNDERPRIVILEGED CHILDREN | $3,000 |