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George & Martha Rich Foundation is a private trust based in NEW CANAAN, CT. The foundation received its IRS ruling in 1992. It holds total assets of $1.1M. Annual income is reported at $701K. Total assets have grown from $62K in 2010 to $1.4M in 2022. The foundation is governed by 2 officers and trustees. Tax records are available from 2021 to 2023. The foundation primarily funds organizations in New York and Florida. According to available records, George & Martha Rich Foundation has made 13 grants totaling $739K, with a median grant of $51K. Annual giving has grown from $140K in 2021 to $599K in 2023. Individual grants have ranged from $30K to $100K, with an average award of $57K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in New York and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$50K
Average Grant
$44K
Largest Grant
$83K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
George & Martha Rich Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NY, FL.
George & Martha Rich Foundation has distributed a total of $739K across 13 grants. The median grant size is $51K, with an average of $57K. Individual grants have ranged from $30K to $100K.
Charitable organizations.
George & Martha Rich Foundation is headquartered in NEW CANAAN, CT. While based in CT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Monica Rich Kosann | DIRECTOR | $0 | $0 | N/A |
| Michael Leob | DIRECTOR | $0 | $0 | N/A |
Total Giving
$330K
Total Assets
$1.4M
Fair Market Value
$2.8M
Net Worth
$1.4M
Grants Paid
$300K
Contributions
N/A
Net Investment Income
$1K
Distribution Amount
$133K
Total: N/A
Total Grants
13
Total Giving
$739K
Average Grant
$57K
Median Grant
$51K
Unique Recipients
5
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| NcsyFOR THE USE BY THE DONEE ORGANIZATION | New York, NY | $100K | 2023 |
| Concerts In MotionFOR THE USE BY THE DONEE ORGANIZATION | New York, NY | $63K | 2023 |
| American Jewish Joint Distribution CommitteeFOR THE USE BY THE DONEE ORGANIZATION | New York, NY | $51K | 2023 |
| Jewish Federation Of Palm Beach CountyFOR THE USE BY THE DONEE ORGANIZATION | West Palm Beach, FL | $50K | 2023 |
| Lincoln Center For Performing ArtsFOR THE USE BY THE DONEE ORGANIZATION | New York, NY | $36K | 2023 |