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Richie And Leah Lai Foundation is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2018. It holds total assets of $10.9M. Annual income is reported at $13.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Richie And Leah Lai Foundation has made 2 grants totaling $1.2M, with a median grant of $575K. The foundation has distributed between $532K and $619K annually from 2022 to 2023. Individual grants have ranged from $532K to $619K, with an average award of $575K. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
Richie And Leah Lai Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in MA.
Richie And Leah Lai Foundation has distributed a total of $1.2M across 2 grants. The median grant size is $575K, with an average of $575K. Individual grants have ranged from $532K to $619K.
Richie And Leah Lai Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richie And Leah Lai Foundation is headquartered in ATLANTA, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richie Lai | TRUSTEE | $0 | $0 | $0 |
| Leah Lai | TRUSTEE | $0 | $0 | $0 |
Total Giving
$637K
Total Assets
$10.3M
Fair Market Value
$11.4M
Net Worth
$10.3M
Grants Paid
$532K
Contributions
$0
Net Investment Income
$207K
Distribution Amount
$536K
Total: $2.7M
Total Grants
2
Total Giving
$1.2M
Average Grant
$575K
Median Grant
$575K
Unique Recipients
1
Most Common Grant
$532K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Daf Ima Lai Char FundGENERAL OPERATING | Boston, MA | $532K | 2023 |
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