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Jacob Marcel Richard Memorial Foundation is a private corporation based in LAKEWAY, TX. The foundation received its IRS ruling in 2018. The principal officer is Rene A Richard. It holds total assets of $2.7M. Annual income is reported at $364K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Louisiana and Texas. According to available records, Jacob Marcel Richard Memorial Foundation has made 55 grants totaling $585K, with a median grant of $5K. Annual giving has grown from $115K in 2020 to $211K in 2022. Grantmaking activity was highest in 2021 with $259K distributed across 18 grants. Individual grants have ranged from $1K to $68K, with an average award of $11K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in Louisiana, Texas, Colorado, which account for 96% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$10K
Largest Grant
$25K
Based on 11 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.
Jacob Marcel Richard Memorial Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 55 grants. Its grantmaking reaches organizations primarily in LA, TX, CO.
Jacob Marcel Richard Memorial Foundation has distributed a total of $585K across 55 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $1K to $68K.
Jacob Marcel Richard Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jacob Marcel Richard Memorial Foundation is headquartered in LAKEWAY, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rene Richard | President | $18K | $0 | $18K |
| Stephanie Richard | Secretary/Treasurer | $0 | $0 | N/A |
| Philip Richard | Vice-Presidednt | $0 | $0 | N/A |
| Audrey Richard | Director | $0 | $0 | N/A |
Total Giving
$170K
Total Assets
$2.7M
Fair Market Value
$3M
Net Worth
$2.7M
Grants Paid
$127K
Contributions
N/A
Net Investment Income
$128K
Distribution Amount
$137K
Total Grants
55
Total Giving
$585K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lsu FoundationCollege of Engineering scholarship | Baton Rouge, LA | $25K | 2022 |
| Ed White Catholic High SchoolLibrary renovation | Thibodaux, LA | $15K | 2022 |
| Tiger Athletic FoundationLSU Foundation of Champions scholarship | Baton Rouge, LA | $15K | 2022 |
| Emmaus Catholic ParishParish support | Lakeway, TX | $10K | 2022 |
| Bridging ResourcesProvide medical devices to handicap children | Houston, TX | $10K | 2022 |
| Casa Of Lafourche IncChristmas gifts for 8 CASA-supported families | Thibodaux, LA | $8K | 2022 |
| Brothers Of The Sacred HeartMinistry and education | Baton Rouge, LA | $5K | 2022 |
| Congregation Of Our Lady Of Mount CarmelMinistry and education | Lacombe, LA | $5K | 2022 |
| Fellowship Of Catholic University Students (Focus)Campus ministry | Genesee, CO | $5K | 2022 |
| Hi-5 IncChristmas gifts for underprivlidged children | Thibodaux, LA | $4K | 2022 |
| American National Red Cross - Central TexasUkraine Red Cross Society | Austin, TX | $2K | 2022 |
| Nicholls State Univeristy FoundationArt department educational grant | Thibodaux, TX | $1K | 2022 |
| Thibodaux Lions ClubDecorating bridges in Thibodaux with Christmas Lights | Thibodaux, LA | $1K | 2022 |
| Individuals Receiving Less Than 100Hurricane Ida relief (generators, a/c units and other supplies - all recipients under $1,000) | Thibodaux, LA | $68K | 2021 |
| Bayou Country Childrens MuseumMuseum maintenance and upgrades | Thibodaux, LA | $40K | 2021 |
| Hi 5Christmas gifts and lunch for underprivileged children | Thibodaux, LA | $35K | 2021 |
| St Laurence Catholic SchoolClassroom air filters | Sugar Land, TX | $19K | 2021 |
| Casa Of LafourcheChristmas gifts for 8 adopted CASA supported families | Thibodaux, LA | $9K | 2021 |
| Suzi RamettaDisaster Relief - Hurricane Ida | Laplace, LA | $5K | 2021 |
| St Thomas Aquinas Church Colonel CatholicsDisaster Relief - Hurricane Ida | Thibodaux, LA | $5K | 2021 |
| Mark CheramieDisaster Relief - Hurricane Ida | Cut Off, LA | $5K | 2021 |
| Holy Family Catholic ChurchSupplies for Hurricane Ida disaster relief (4 generators) | Dulac, LA | $3K | 2021 |
| Kristen CordeDisaster Relief - Hurricane Ida | Des Allemands, LA | $3K | 2021 |
| Hannon Cup FoundationJunior golf scholarships | Austin, TX | $3K | 2021 |
| Matt HolestonDisaster Relief - Hurricane Ida | Vacherie, LA | $2K | 2021 |
| St Faustina Catholic ChurchGeneral Support | Fulshear, TX | $2K | 2021 |
| St Thomas Aquinas Catholic ChurchSupplies for Hurricane Ida disaster relief (1 generator) | Thibodaux, LA | $1K | 2021 |
| Upside DownsGeneral Support | Thibodaux, LA | $1K | 2021 |
| Lowrey Volunteer Fire DeptSupport ALS patient | Moodys, OK | $5K | 2020 |