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Richards Family Foundation is a private trust based in CLEVELAND, OH. The foundation received its IRS ruling in 2004. The principal officer is Donald J Richards Co-Trust. It holds total assets of $3.1M. Annual income is reported at $1.5M. The foundation is governed by 5 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 2015 to 2023. The foundation primarily funds organizations in Ohio and Florida. According to available records, Richards Family Foundation has made 72 grants totaling $1.3M, with a median grant of $10K. Annual giving has grown from $196K in 2020 to $316K in 2023. Grantmaking activity was highest in 2022 with $564K distributed across 30 grants. Individual grants have ranged from $1K to $100K, with an average award of $18K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Ohio, Florida, Minnesota, which account for 81% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$14K
Largest Grant
$100K
Based on 14 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 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 72 grants. Its grantmaking reaches organizations primarily in OH, FL, MN.
Richards Family Foundation has distributed a total of $1.3M across 72 grants. The median grant size is $10K, with an average of $18K. Individual grants have ranged from $1K to $100K.
Richards Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richards Family Foundation is headquartered in CLEVELAND, OH. While based in OH, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marianne Richards | CO-TRUSTEE | $0 | $0 | N/A |
| Donald J Richards | CO-TRUSTEE | $0 | $0 | N/A |
| Katherine L Ruiz | CO-TRUSTEE | $0 | $0 | N/A |
| Daniel S Richards | CO-TRUSTEE | $0 | $0 | N/A |
| Peter D Richards | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$360K
Total Assets
$3.2M
Fair Market Value
$6.1M
Net Worth
$3.2M
Grants Paid
$316K
Contributions
$12K
Net Investment Income
$87K
Distribution Amount
$279K
Total: $3.1M
Total Grants
72
Total Giving
$1.3M
Average Grant
$18K
Median Grant
$10K
Unique Recipients
23
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mission To The WorldGENERAL | Lawrenceville, GA | $4K | 2023 |
| CrossroadsGENERAL | Cincinnati, OH | $5K | 2022 |
| Cuyahoga Valley Christian AcademyGENERAL | Cuyahoga Falls, OH | $100K | 2023 |
| City MissionGENERAL | Cleveland, OH | $50K | 2023 |
| Ambassadors Football InternationalGENERAL | Twinsburg, OH | $25K | 2023 |
| Streams International FoundationGENERAL | Scandia, MN | $25K | 2023 |
| Valley Christian AcademyGENERAL | Aurora, OH | $25K | 2023 |
| Fieldstone CounselingGENERAL | Uniontown, OH | $20K | 2023 |
| Scranton Road Ministries CdcGENERAL | Cleveland, OH | $20K | 2023 |
| Campus Crusade For ChristGENERAL | Orlando, FL | $10K | 2023 |
| Bella Women'S CenterGENERAL | Warren, OH | $10K | 2023 |
| Story ChurchGENERAL | Mayfield Heights, OH | $10K | 2023 |
| Crossroads Prison MinistriesGENERAL | Kentwood, MI | $5K | 2023 |
| Rahab MinistriesGENERAL | Akron, OH | $5K | 2023 |
| Team The Evangelical Alliance MissionGENERAL | Wheaton, IL | $3K | 2023 |
| Omf InternationalGENERAL | Littleton, CO | $2K | 2023 |
| Fellowship Of Christian AthletesGENERAL | Kansas City, KS | $2K | 2023 |
| Parkside ChurchGENERAL | Chagrin Falls, OH | $25K | 2022 |
| Converge WorldwideGENERAL | Orlando, FL | $2K | 2022 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH