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Faye And Mike Richardson Family Foundation is a private trust based in OLD LYME, CT. The foundation received its IRS ruling in 2017. The principal officer is % Faye Richardson. It holds total assets of $3M. Annual income is reported at $1.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Faye And Mike Richardson Family Foundation has made 8 grants totaling $780K, with a median grant of $30K. Annual giving has decreased from $521K in 2022 to $260K in 2023. Individual grants have ranged from $5K to $230K, with an average award of $98K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in District of Columbia and Connecticut. Contributions to this foundation are tax-deductible.
Faye And Mike Richardson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in DC, CT.
Faye And Mike Richardson Family Foundation has distributed a total of $780K across 8 grants. The median grant size is $30K, with an average of $98K. Individual grants have ranged from $5K to $230K.
Faye And Mike Richardson Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (814067604) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Faye And Mike Richardson Family Foundation is headquartered in OLD LYME, CT. While based in CT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Michael Richardson | TRUSTEE | $0 | $0 | $0 |
| Thomas Richardson | TRUSTEE | $0 | $0 | $0 |
| Peter Richardson | TRUSTEE | $0 | $0 | $0 |
| Faye Richardson | TRUSTEE | $0 | $0 | $0 |
Total Giving
$320K
Total Assets
$3.2M
Fair Market Value
$3.3M
Net Worth
$3.2M
Grants Paid
$260K
Contributions
$0
Net Investment Income
$158K
Distribution Amount
$162K
Total: $738K
Total Grants
8
Total Giving
$780K
Average Grant
$98K
Median Grant
$30K
Unique Recipients
3
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| KindPROGRAM TO HELP PREVENT CHILDREN IN POOR COMMUNITIES IN RURAL GUATEMALA FROM ILLEGAL MIGRATION TO THE UNITED STATES. | Washington, DC | $30K | 2023 |
| AfosaCONTINUATION OF OUR LONG-TERM COMMUNITY DEVELOPMENT PROJECT IN SIERRA DEL LACANDON NATIONAL PARK IN PETEN, GUATEMALA. | Colonia La Reformita | $230K | 2023 |
| New England Science And SailingPROVIDE MARINE SCIENCE AND EXPERIENCE FOR UNDERPRIVILEGED CHILDREN IN SOUTH EASTERN CT. | Stonington, CT | $5K | 2022 |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
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