Lynne & Andrew Redleaf Foundation
- Assets
- $115.8m
- Revenue
- $18.5m
- Investments
- $108.7m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 81-1290745
Organization Overview
Lynne & Andrew Redleaf Foundation is located in Minneapolis, MN. The organization was established in 2017. 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. Lynne & Andrew Redleaf 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, Lynne & Andrew Redleaf Foundation generated $18.5m in total revenue. All expenses for the organization totaled $3.7m during the year ending 12/2022.
Since 2017, Lynne & Andrew Redleaf Foundation has awarded 222 individual grants totaling $79,314,140. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Redleaf Chairman | 1 | $0 | |
Lynne Singer Redleaf President | 15 | $0 | |
Amy Rosenblatt-Lui Executive Director | 5 | $30,550 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Saba Capital Offshore Fund Ltd | 12/30/22 | $953,999 |
Trondheim Capital | 12/30/22 | $251,913 |
Goldman Sachs & Co Llc | 12/30/22 | $138,592 |
Luxor Land Development Lp | 12/30/22 | $108,586 |
Whitebox Investors Llc | 12/30/22 | $69,612 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,734 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,438,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,074,706 |
| Capital Gain Net Income | $18,741,270 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,523,396 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,550 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $113,137 |
| Depreciation | $0 |
| Occupancy | $9,759 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,355 |
| Total operating and administrative expenses | $1,513,850 |
| Contributions, gifts, grants paid | $2,137,425 |
| Total expenses and disbursements | $3,651,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,644,481 |
| Savings and temporary cash investments | $308,252 |
| Net Accounts receivable | $1,186,437 |
| 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 | $4,112 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $84,500,275 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $115,810,725 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $11,900,000 |
| 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 | $11,900,000 |
Grants Awarded
Over the last fiscal year, Lynne & Andrew Redleaf Foundation has awarded $8,962,425 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ALIA INNOVATIONS PURPOSE: GENERAL OPERATING | $15,000 |
AMOS & CELIA HEILICHER MINNEAPOLIS JEWISH DAY SCHOOL PURPOSE: GENERAL OPERATING | $820,000 |
ANTI DEFAMATION LEAGUE PURPOSE: GENERAL OPERATING | $50,000 |
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: UTILITY AND FEASIBILITY MOBILE TECH | $500,000 |
EDUCATION FOR EMPLOYEMENT PURPOSE: GENERAL OPERATING | $100,000 |
AVIVO PURPOSE: THE BUILDING OF A HOMELESS AND MENTAL HE | $25,000 |