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Richland Summit Charitable Foundation is a private trust based in OLNEY, IL. The foundation received its IRS ruling in 1999. The principal officer is Kathryn M Morse. It holds total assets of $20K. Annual income is reported at $1K. The foundation is governed by 4 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 2016 to 2023. Funding is distributed across 5 states, including Michigan, Missouri, Kentucky. According to available records, Richland Summit Charitable Foundation has made 29 grants totaling $61K, with a median grant of $500. Annual giving has decreased from $19K in 2020 to $4K in 2023. Grantmaking activity was highest in 2022 with $19K distributed across 9 grants. Individual grants have ranged from N/A to $10K, with an average award of $2K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Michigan, Pennsylvania, Missouri, which account for 72% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$500
Average Grant
$2K
Largest Grant
$10K
Based on 9 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.
Richland Summit Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in MI, PA, MO.
Richland Summit Charitable Foundation has distributed a total of $61K across 29 grants. The median grant size is $500, with an average of $2K. Individual grants have ranged from N/A to $10K.
Richland Summit Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richland Summit Charitable Foundation is headquartered in OLNEY, IL. While based in IL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter A Morse Jr | ADVISOR | $0 | $0 | N/A |
| Kathryn M Morse | TRUSTEE | $0 | $0 | N/A |
| Peter A Morse Sr | ADVISOR | $0 | $0 | N/A |
| John W Morse | ADVISOR | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$32K
Fair Market Value
$32K
Net Worth
$32K
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
N/A
Total Grants
29
Total Giving
$61K
Average Grant
$2K
Median Grant
$500
Unique Recipients
11
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Foundation For Individual Rights In EducationGENERAL CONTRIBUTION | Philadelphia, PA | $1K | 2023 |
| Tunnel To Towers FoundationGENERAL CONTRIBUTION | Staten Island, NY | $1K | 2023 |
| St Jude Children'S Research HospitalGENERAL CONTRIBUTION | Memphis, TN | $500 | 2023 |
| Hillsdale CollegeGENERAL CONTRIBUTION | Hillsdale, MI | $500 | 2023 |
| Prager UniversityGENERAL CONTRIBUTION | Sherman Oaks, CA | $500 | 2023 |
| Shriners Hospital For ChildrenGENERAL CONTRIBUTION | St Louis, MO | $500 | 2023 |
| First Presbyterian Church Of Grand HavenGENERAL CONTRIBUTION | Grand Haven, MI | $10K | 2022 |
| Mclaren Northern Michigan FoundationGENERAL CONTRIBUTION | Petoskey, MI | $5K | 2022 |
| Berea CollegeGENERAL CONTRIBUTION | Berea, KY | $200 | 2022 |
| College Of The OzarksGENERAL CONTRIBUTION | Point Lookout, MO | $200 | 2022 |
| Water Wonderland FoundationGENERAL CONTRIBUTION | Traverse City, MI | N/A | 2022 |