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Richard A Barone Charitable Foundation is a private corporation based in LYNDHURST, OH. The foundation received its IRS ruling in 2009. The principal officer is Bernard L Karr. It holds total assets of $1.9M. Annual income is reported at $3M. Total assets have grown from $846K in 2011 to $1.6M in 2023. The foundation is governed by 3 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. The foundation primarily funds organizations in Ohio and Massachusetts. According to available records, Richard A Barone Charitable Foundation has made 23 grants totaling $327K, with a median grant of $3K. Annual giving has grown from $34K in 2020 to $293K in 2022. Individual grants have ranged from $600 to $101K, with an average award of $14K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Ohio and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$16K
Largest Grant
$101K
Based on 9 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.
Richard A Barone Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in OH, MA.
Richard A Barone Charitable Foundation has distributed a total of $327K across 23 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from $600 to $101K.
Richard A Barone Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard A Barone Charitable Foundation is headquartered in LYNDHURST, OH. While based in OH, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan C Johnson | SECRETARY | $0 | $0 | N/A |
| Richard A Barone | CHAIRMAN | $0 | $0 | N/A |
| Anthony Williams | TRUSTEE | $0 | $0 | N/A |
Total Giving
$209K
Total Assets
$1.6M
Fair Market Value
$929K
Net Worth
$1.6M
Grants Paid
$103K
Contributions
$150K
Net Investment Income
$99K
Distribution Amount
$46K
Total Grants
23
Total Giving
$327K
Average Grant
$14K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Museum Of Amer Porcelain ArtCHARITABLE CONTRIBUTION | South Euclid, OH | $101K | 2022 |
| Hands TogetherCHARITABLE CONTRIBUTION | Springfield, MA | $30K | 2022 |
| Christ Child Society Of ClevelandCHARITABLE CONTRIBUTION | Cleveland, OH | $5K | 2022 |
| St Raphael SchoolCHARITABLE CONTRIBUTION | Bay Village, OH | $4K | 2022 |
| University Of CincinnatiCHARITABLE CONTRIBUTION | Cincinnati, OH | $2K | 2022 |
| Ohio State UniversityCHARITABLE CONTRIBUTION | Columbus, OH | $1K | 2022 |
| Best Buddies In OhioCHARITABLE CONTRIBUTION | Westlake, OH | $1K | 2022 |
| Women'S Recovery CenterCHARITABLE CONTRIBUTION | Cleveland, OH | $1K | 2022 |
| Patron Of The ArtsCHARITABLE CONTRIBUTION | Cleveland, OH | $1K | 2022 |
| Cleveland State University FoundCHARITABLE CONTRIBUTION | Cleveland, OH | $10K | 2020 |
| Gilmour AcademyCHARITABLE CONTRIBUTION | Gates Mills, OH | $10K | 2020 |
| Saint Joseph AcademyCHARITABLE CONTRIBUTION | Cleveland, OH | $3K | 2020 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH