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Richard And Francine Loeb Family Foundation is a private corporation based in SEATTLE, WA. The foundation received its IRS ruling in 2003. The principal officer is % Pmnw LLC. It holds total assets of $9.9M. Annual income is reported at $3.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Richard And Francine Loeb Family Foundation has made 8 grants totaling $3.8M, with a median grant of $416K. Annual giving has decreased from $536K in 2020 to $358K in 2023. Grantmaking activity was highest in 2022 with $2.5M distributed across 4 grants. Individual grants have ranged from $157K to $858K, with an average award of $481K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
Richard And Francine Loeb Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in WA.
Richard And Francine Loeb Family Foundation has distributed a total of $3.8M across 8 grants. The median grant size is $416K, with an average of $481K. Individual grants have ranged from $157K to $858K.
Richard And Francine Loeb Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard And Francine Loeb Family Foundation is headquartered in SEATTLE, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel Asher | SECRETARY | $0 | $0 | $0 |
| Richard Loeb | PRESIDENT/TREASURER | $0 | $0 | $0 |
| Francine Loeb | VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$660K
Total Assets
$13.2M
Fair Market Value
$13.2M
Net Worth
$13M
Grants Paid
$600K
Contributions
$0
Net Investment Income
$890K
Distribution Amount
$587K
Total: $12.3M
Total Grants
8
Total Giving
$3.8M
Average Grant
$481K
Median Grant
$416K
Unique Recipients
3
Most Common Grant
$416K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attachment ASEE ATTACHMENT A | Seattle, WA | $358K | 2023 |
| Kline Galland CenterTo provide support to Hospice Focused Care Unit | Seattle, WA | $416K | 2022 |
| Jewish Family ServiceTo provide support to exempt organization | Seattle, WA | $251K | 2021 |
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