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Richard Holmes Family Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2015. The principal officer is Richard Holmes. It holds total assets of $358K. Annual income is reported at $14K. Total assets have decreased from $500K in 2014 to $369K in 2023. 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 2020 to 2023. The foundation primarily funds organizations in Virginia, New York and Texas. According to available records, Richard Holmes Family Foundation has made 11 grants totaling $53K, with a median grant of $1K. Annual giving has decreased from $31K in 2020 to $22K in 2022. Individual grants have ranged from $500 to $25K, with an average award of $5K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Virginia, Texas, California, which account for 73% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$10K
Largest Grant
$25K
Based on 3 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 Holmes Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in VA, TX, CA.
Richard Holmes Family Foundation has distributed a total of $53K across 11 grants. The median grant size is $1K, with an average of $5K. Individual grants have ranged from $500 to $25K.
Richard Holmes Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard Holmes Family Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Holmes | PRESIDENT | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$369K
Fair Market Value
$369K
Net Worth
$369K
Grants Paid
$15K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$18K
Total: $81K
Total Grants
11
Total Giving
$53K
Average Grant
$5K
Median Grant
$1K
Unique Recipients
10
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Malibu Pacific ChurchGENERAL | Malibu, CA | $10K | 2022 |
| St John'S SchoolGENERAL | Houston, TX | $5K | 2022 |
| River Oaks Baptist SchoolGENERAL | Houston, TX | $3K | 2022 |
| Search Homeless ServicesGENERAL | Houston, TX | $1K | 2022 |
| Compassion InternationalGENERAL | Colorado Springs, CO | $1K | 2022 |
| The Juvenile Diabetes Research FoundationGENERAL | New York, NY | $1K | 2022 |
| Crosswalk CenterGENERAL | Houston, TX | $1K | 2022 |
| Dog Lodge SanctuaryGENERAL | Hempstead, TX | $500 | 2022 |
| The Marine Corps Scholarship FoundationGENERAL | Alexandria, VA | $25K | 2020 |
| The Juvenile Diabetes Reserach FoundationGENERAL | New York, NY | $1K | 2020 |