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Richers Hope Charities is a private corporation based in WOODBRIDGE, VA. The foundation received its IRS ruling in 2022. The principal officer is Sherwood Richers. It holds total assets of $5K. Annual income is reported at $44K. Total assets have grown from $21K in 2022 to $61K in 2023. The foundation is governed by 2 officers and trustees. Facility maintenance of San Jacinto parish San Salvador El Salvador. Specifically church painting and meeting room lighting and air-conditioning repair. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Richers Hope Charities has made 3 grants totaling $8K, with a median grant of $500. Individual grants have ranged from $300 to $7K, with an average award of $3K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in California and Virginia. Contributions to this foundation are tax-deductible.
Facility maintenance of San Jacinto parish San Salvador El Salvador. Specifically church painting and meeting room lighting and air-conditioning repair.
Expenses: $7K
Facility maintenance of San Jacinto parish San Salvador El Salvador. Specifically church painting and meeting room lighting and air-conditioning repair. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA, VA.
Richers Hope Charities has distributed a total of $8K across 3 grants. The median grant size is $500, with an average of $3K. Individual grants have ranged from $300 to $7K.
Richers Hope Charities typically selects its grantees rather than accepting unsolicited proposals.
Richers Hope Charities is headquartered in WOODBRIDGE, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sherwood Richers | PRESIDENT | $0 | $0 | N/A |
| Rina Richers | TRESURER/SECRATARY | $0 | $0 | N/A |
Total Giving
$10K
Total Assets
$61K
Fair Market Value
$61K
Net Worth
$61K
Grants Paid
$8K
Contributions
$50K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$8K
Average Grant
$3K
Median Grant
$500
Unique Recipients
3
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| San Jacinto ParishPainting the main church and retrofit of electrical and air conditioning in meeting rooms | San Jacinto Parish | $7K | 2023 |
| Youth With A MissionTo purchase farmland for a poor community post famine in Uganda | Brea, CA | $500 | 2023 |
| Victor SerranoExpense support for individual made homeless due to house fire. | Springfield, VA | $300 | 2023 |