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Richard Lounsbery Foundation Inc. is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1983. It holds total assets of $42.2M. Annual income is reported at $9.4M. According to available records, Richard Lounsbery Foundation Inc. has made 3 grants totaling $6.6M, with a median grant of $2.3M. Annual giving has grown from $1.9M in 2020 to $4.7M in 2022. Individual grants have ranged from $1.9M to $2.3M, with an average award of $2.2M. Grant recipients are concentrated in District of Columbia. Contributions to this foundation are tax-deductible.
Richard Lounsbery Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in DC.
Richard Lounsbery Foundation Inc. has distributed a total of $6.6M across 3 grants. The median grant size is $2.3M, with an average of $2.2M. Individual grants have ranged from $1.9M to $2.3M.
Richard Lounsbery Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Richard Lounsbery Foundation Inc. is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard H Pershan | CO-TRUSTEE | $82K | $0 | $82K |
Total Giving
$2.6M
Total Assets
$41.7M
Fair Market Value
$50.6M
Net Worth
$41.7M
Grants Paid
$2.2M
Contributions
$0
Net Investment Income
$1.7M
Distribution Amount
$2.3M
Total: $40.3M
Total Grants
3
Total Giving
$6.6M
Average Grant
$2.2M
Median Grant
$2.3M
Unique Recipients
1
Most Common Grant
$2.3M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Richard Lounsbery FoundationGENERAL | Washington, DC | $2.3M | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
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