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Richman Foundation Inc. is a private corporation based in BALTIMORE, MD. The foundation received its IRS ruling in 2022. It holds total assets of $29M. Annual income is reported at $49.7M. Total assets have grown from $3.7M in 2022 to $29M in 2024. The foundation is governed by 1 officer or trustee. The foundation makes grants to other section 501(c)(3) organizations involved in direct charitable activities. See attached schedule. Tax records are available from 2022 to 2024. According to available records, Richman Foundation Inc. has made 40 grants totaling $2.5M, with a median grant of $32K. Individual grants have ranged from $3K to $300K, with an average award of $62K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Maryland, District of Columbia, Massachusetts, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
The foundation makes grants to other section 501(c)(3) organizations involved in direct charitable activities. See attached schedule.
The foundation makes grants to other section 501(c)(3) organizations involved in direct charitable activities. See attached schedule. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in MD, DC, MA.
Richman Foundation Inc. has distributed a total of $2.5M across 40 grants. The median grant size is $32K, with an average of $62K. Individual grants have ranged from $3K to $300K.
The application deadline is CALLS AND LETTERS OF INQUIRY ARE ACCEPTED ON A ROLLING BASIS THROUGHOUT THE YEAR.. Foundation's focus generally is on early childhood development, youth and families, education, mental health and health care in baltimore city and surrounding communities, and jewish causes and programs in baltimore and around the world.
Richman Foundation Inc. is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arnold Richman | PRESIDENT / DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$29M
Fair Market Value
N/A
Net Worth
$29M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
40
Total Giving
$2.5M
Average Grant
$62K
Median Grant
$32K
Unique Recipients
20
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Umd FoundationOPERATING SUPPORT | Baltimore, MD | $300K | 2022 |
| Mount St JosephOPERATING SUPPORT | Baltimore, MD | $200K | 2022 |
| The Park SchoolOPERATING SUPPORT | Baltimore, MD | $156K | 2022 |
| The AssociatedOPERATING SUPPORT | Baltimore, MD | $130K | 2022 |
| Umms FoundationOPERATING SUPPORT | Baltimore, MD | $50K | 2022 |
| United Way Of Central MarylandOPERATING SUPPORT | Baltimore, MD | $50K | 2022 |
| Literacy LabOPERATING SUPPORT | Washington, DC | $50K | 2022 |
| Roca IncOPERATING SUPPORT | Chelsea, MA | $40K | 2022 |
| Institute For Islamic Christian And Jewish StudiesOPERATING SUPPORT | Towson, MD | $35K | 2022 |
| Cristo Rey Jesuit High SchoolOPERATING SUPPORT | Baltimore, MD | $33K | 2022 |
| University Of Maryland Baltimore FoundationOPERATING SUPPORT | Baltimore, MD | $31K | 2022 |
| Ffee For Tools Of The MindOPERATING SUPPORT | Baltimore, MD | $30K | 2022 |
| American Jewish World ServiceOPERATING SUPPORT | Etna, NH | $28K | 2022 |
| Nature SacredOPERATING SUPPORT | Annapolis, MD | $25K | 2022 |
| Roberta'S HouseOPERATING SUPPORT | Baltimore, MD | $25K | 2022 |
| The Family TreeOPERATING SUPPORT | Baltimore, MD | $25K | 2022 |
| Baltimore Civic FundOPERATING SUPPORT | Baltimore, MD | $18K | 2022 |
| Roland Park Community FoundationOPERATING SUPPORT | Baltimore, MD | $10K | 2022 |
| Creative AllianceOPERATING SUPPORT | Baltimore, MD | $8K | 2022 |
| Zero To ThreeOPERATING SUPPORT | Washington, DC | $3K | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD