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Also known as: ENDOWMENT FUND 7446
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Paul G & Mabel Richmond Endowment Fund is a private trust based in KENNEWICK, WA. The foundation received its IRS ruling in 2000. The principal officer is Baker Boyer National Bank. It holds total assets of $553K. Annual income is reported at $39K. The foundation is governed by 1 officer or trustee. 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, Paul G & Mabel Richmond Endowment Fund has made 3 grants totaling $98K, with a median grant of $28K. Annual giving has grown from $28K in 2021 to $43K in 2023. Individual grants have ranged from $28K to $43K, with an average award of $33K. Grant recipients are concentrated in Washington. 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.
Paul G & Mabel Richmond Endowment Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in WA.
Paul G & Mabel Richmond Endowment Fund has distributed a total of $98K across 3 grants. The median grant size is $28K, with an average of $33K. Individual grants have ranged from $28K to $43K.
Paul G & Mabel Richmond Endowment Fund typically selects its grantees rather than accepting unsolicited proposals.
Paul G & Mabel Richmond Endowment Fund is headquartered in KENNEWICK, WA.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Baker Boyer National Bank | TRUSTEE | $7K | $0 | $7K |
Total Giving
$53K
Total Assets
$568K
Fair Market Value
$582K
Net Worth
$568K
Grants Paid
$43K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$29K
Total: $568K
Total Grants
3
Total Giving
$98K
Average Grant
$33K
Median Grant
$28K
Unique Recipients
1
Most Common Grant
$28K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kennewick Public Hospital District Dba Two Rivers Health DistrictTO ADDRESS THE NEEDS OF DISTRICT'S GROWING POPULATION | Kennewick, WA | $43K | 2023 |