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Richchar Inc. is a private corporation based in RIVER FOREST, IL. The foundation received its IRS ruling in 1999. The principal officer is Sibley And Co Pc. It holds total assets of $379K. Annual income is reported at $143K. The foundation is governed by 3 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 Illinois and Maryland. According to available records, Richchar Inc. has made 18 grants totaling $173K, with a median grant of $9K. The foundation has distributed between $86K and $88K annually from 2022 to 2023. Individual grants have ranged from $2K to $25K, with an average award of $10K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Illinois, Maryland, North Carolina, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$7K
Average Grant
$7K
Largest Grant
$20K
Based on 13 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.
Richchar Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in IL, MD, NC.
Richchar Inc. has distributed a total of $173K across 18 grants. The median grant size is $9K, with an average of $10K. Individual grants have ranged from $2K to $25K.
Richchar Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is By December 1 of the year. No restrictions.
Richchar Inc. is headquartered in RIVER FOREST, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Vlerick | Pres, Sec & Tr | $0 | $0 | N/A |
| Beth Vlerick | Asst Treasurer | $0 | $0 | N/A |
| Jacqueline Redlich | Director | $0 | $0 | N/A |
Total Giving
$90K
Total Assets
$470K
Fair Market Value
$709K
Net Worth
$470K
Grants Paid
$86K
Contributions
N/A
Net Investment Income
$39K
Distribution Amount
$36K
Total: N/A
Total Grants
18
Total Giving
$173K
Average Grant
$10K
Median Grant
$9K
Unique Recipients
10
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Ignatius College PrepTo further educational work | Chicago, IL | $25K | 2023 |
| Michael J Fox FoundationTo further research work in finding a cure for Parkinson disease | Hagerstown, MD | $10K | 2023 |
| Partners In HealthTo further charitable work in providing health care to people who need it most. | Frederick, MD | $10K | 2023 |
| The V Foundation For Cancer ResearcTo continue to provide cancer research grants | Cary, NC | $10K | 2023 |
| Housing ForwardTo further work to provide housing and crisis needs for the community | Maywood, IL | $10K | 2023 |
| Greater Chicago Food DepositoryTo further work in providing food for the hungry and end hunger in the community | Chicago, IL | $8K | 2023 |
| Wbez Chicago Public MediaTo support further work with public radio | Chicago, IL | $8K | 2023 |
| Network Advocates Nuns On The BusTo further educate the network of justice seekers in order for them to effectivley engage with the political process. | Washington, DC | $3K | 2023 |
| Loyola AcademyTo further educational work | Wilmette, IL | $2K | 2023 |
| No Kid Hungry Share Our StrengthTo further work to end childhood hunger in the United States. | Baltimore, MD | $9K | 2022 |