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Richards Family Foundation is a private corporation based in NORTHBROOK, IL. The foundation received its IRS ruling in 1990. It holds total assets of $358K. Annual income is reported at $86K. Total assets have decreased from $452K in 2011 to $353K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 5 states, including Illinois, Florida, New York. According to available records, Richards Family Foundation has made 25 grants totaling $120K, with a median grant of $5K. The foundation has distributed between $40K and $41K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $41K distributed across 8 grants. Individual grants have ranged from $1K to $9K, with an average award of $5K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Illinois, New York, Florida, which account for 64% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$25K
Largest Grant
$210K
Based on 10 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.
Richards Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in IL, NY, FL.
Richards Family Foundation has distributed a total of $120K across 25 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $1K to $9K.
Richards Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richards Family Foundation is headquartered in NORTHBROOK, IL. While based in IL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher Richards | President | $0 | $0 | N/A |
| Elizabeth Hayward | Director | $0 | $0 | N/A |
| Doris Richards | Director | $0 | $0 | N/A |
Total Giving
$47K
Total Assets
$353K
Fair Market Value
$748K
Net Worth
$353K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$38K
Total: $347K
Total Grants
25
Total Giving
$120K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northridge Preparatory SchoolUNRESTRICTED | Niles, IL | $9K | 2023 |
| Advocates For Balance At ChautauquaUNRESTRICTED | Chautauqua, NY | $8K | 2023 |
| Boca Grande Health ClinicUNRESTRICTED | Boca Grande, FL | $6K | 2023 |
| Keswick SchoolUNRESTRICTED | Keswick, VA | $5K | 2023 |
| Middlebridge SchoolUNRESTRICTED | Narragansett, RI | $5K | 2023 |
| Rush University Medical Center BoarUNRESTRICTED | Chicago, IL | $3K | 2023 |
| Embers AcademyUNRESTRICTED | Niles, IL | $2K | 2023 |
| The College Of WoosterUNRESTRICTED | Wooster, OH | $2K | 2023 |
| Chautauqua InstitutionUNRESTRICTED | Chautauqua, NY | $8K | 2021 |
| North Shore Country Day SchoolUNRESTRICTED | Winnetka, IL | $3K | 2021 |
| The Heritage FoundationUNRESTRICTED | Washington, DC | $3K | 2021 |
| American Battlefield TrustUNRESTRICTED | Washington, DC | $3K | 2021 |