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Rich Foundation is a private corporation based in SUGAR GROVE, IL. The foundation received its IRS ruling in 2000. The principal officer is Jerome Rich. It holds total assets of $6.9M. Annual income is reported at $2.5M. Total assets have grown from $1.8M in 2011 to $6.6M in 2023. 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 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, Rich Foundation has made 74 grants totaling $929K, with a median grant of $3K. The foundation has distributed between $455K and $474K annually from 2022 to 2023. Individual grants have ranged from $300 to $163K, with an average award of $13K. The foundation has supported 59 unique organizations. The foundation primarily supports organizations in Illinois, Florida, Texas, which account for 85% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$5K
Average Grant
$10K
Largest Grant
$40K
Based on 20 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.
Rich Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in IL, FL, TX.
Rich Foundation has distributed a total of $929K across 74 grants. The median grant size is $3K, with an average of $13K. Individual grants have ranged from $300 to $163K.
Rich Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rich Foundation is headquartered in SUGAR GROVE, IL. While based in IL, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jerome Rich | PRESIDENT | $0 | $0 | N/A |
| Glenn Geist | DIRECTOR | $0 | $0 | N/A |
| Dan Ustian | DIRECTOR | $0 | $0 | N/A |
| Jon Meagher | DIRECTOR | $0 | $0 | N/A |
Total Giving
$495K
Total Assets
$6.6M
Fair Market Value
$8.1M
Net Worth
$6.6M
Grants Paid
$455K
Contributions
$540K
Net Investment Income
$99K
Distribution Amount
$262K
Total: $2.4M
Total Grants
74
Total Giving
$929K
Average Grant
$13K
Median Grant
$3K
Unique Recipients
59
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Giant StepsCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Lisle, IL | $36K | 2023 |
| American Cancer SocietyCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Chicago, IL | $5K | 2023 |
| Pine Tree Golf ClubCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Boynton Beach, FL | $140K | 2023 |
| Northern Illinois UniversityCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Dekalb, IL | $97K | 2023 |
| Rush Copley FoundationCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Aurora, IL | $28K | 2023 |
| Paramount Arts CentreCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Aurora, IL | $26K | 2023 |
| Boy Scouts Of America Three Fires CouncilCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | St Charles, IL | $19K | 2023 |
| Fresh Start Caring For KidsCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Schaumburg, IL | $17K | 2023 |
| St Bede AcademyCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Peru, IL | $15K | 2023 |
| Livingwell Cancer Resource CenterCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Geneva, IL | $10K | 2023 |
| Us Adaptive Golf AllianceCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Westmont, IL | $10K | 2023 |
| Marmion AcademyCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Aurora, IL | $9K | 2023 |
| Susan G KomenCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Dallas, TX | $8K | 2023 |
| Give Me A Chance FoundationCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Naperville, IL | $8K | 2023 |
| Hope SpeaksCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Glen Ellyn, IL | $5K | 2023 |
| Golf For LifeCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Lisle, IL | $5K | 2023 |
| Scientel Solutions LlcCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Aurora, IL | $4K | 2023 |
| Fox Valley Park DistrictCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Aurora, IL | $3K | 2023 |
| Fellowship Of Christian AthletesCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Wheaton, IL | $3K | 2023 |
| Compassion FoundationCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Aurora, IL | $2K | 2023 |
| Outreach Community MinistriesCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Carol Stream, IL | $1K | 2023 |
| Camp One StepCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Chicago, IL | $1K | 2023 |
| Kane County Sheriff Police Lodge #14CHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Geneva, IL | $1K | 2023 |
| Sertoma CentreCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Alsip, IL | $1K | 2023 |
| Waubonsee FoundationCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Sugar Grove, IL | $1K | 2023 |
| Big Rock Lions ClubCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Big Rock, IL | $690 | 2023 |
| Big Rock Plowing Math AssociationCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Big Rock, IL | $600 | 2023 |
| Rosary High SchoolCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Aurora, IL | $500 | 2023 |
| Hinckley Big Rock PtoCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Hinckley, IL | $500 | 2023 |
| Sugar Grove Library FoundationCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Sugar Grove, IL | $300 | 2023 |
| Depaul AthleticsCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Chicago, IL | $50K | 2022 |
| Three Fires CouncilCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | St Charles, IL | $15K | 2022 |
| Aunt Martha'SCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Chicago, IL | $5K | 2022 |
| Casa Kane CountyCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Geneva, IL | $5K | 2022 |
| Bison CaresCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | St Charles, IL | $5K | 2022 |
| MwagaCHARITABLE TO SUPPORT ORGANIZATION'S MISSION | Northbrook, IL | $4K | 2022 |