//
Also known as: RICHARDSON LOUISE W TTEE
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Louise W & Luther W Richardson Charitable Foundation is a private trust based in TUSCALOOSA, AL. The foundation received its IRS ruling in 2004. It holds total assets of $2.1M. Annual income is reported at $415K. Total assets have grown from $5K in 2011 to $2.1M in 2023. The foundation is governed by 2 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 2016 to 2023. According to available records, Louise W & Luther W Richardson Charitable Foundation has made 9 grants totaling $157K, with a median grant of $10K. The foundation has distributed between $77K and $80K annually from 2022 to 2023. Individual grants have ranged from $1K to $75K, with an average award of $17K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Tennessee and Alabama. Contributions to this foundation are tax-deductible.
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.
Louise W & Luther W Richardson Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in TN, AL.
Louise W & Luther W Richardson Charitable Foundation has distributed a total of $157K across 9 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $1K to $75K.
Louise W & Luther W Richardson Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Louise W & Luther W Richardson Charitable Foundation is headquartered in TUSCALOOSA, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Luther Richardson Iii | TRUSTEE | $0 | $0 | N/A |
| Louise Richardson Manzella | TRUSTEE | $0 | $0 | N/A |
Total Giving
$100K
Total Assets
$2.1M
Fair Market Value
$2.2M
Net Worth
$2.1M
Grants Paid
$77K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$103K
Total: $2.1M
Total Grants
9
Total Giving
$157K
Average Grant
$17K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Monteagle Assembly Endowment Fund CorporationTO SUPPORT THE ORGANIZATION'S MISSION TO ENHANCE SUNDAY SCHOOL PROGRAMS | Monteagle, TN | $75K | 2023 |
| Christ Episcopal ChurchGENERAL OPERATIONS | Tuscaloosa, AL | $1K | 2023 |
| Para FoundationGENERAL OPERATIONS | Tuscaloosa, AL | $1K | 2023 |
| Historic TuscaloosaSPONSORSHIP AD | Tuscaloosa, AL | $5K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL