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Richmond Lee Downey Foundation is a private trust based in WILLIAMSPORT, MD. The foundation received its IRS ruling in 1997. It holds total assets of $292K. Annual income is reported at $86K. Total assets have grown from $127K in 2011 to $297K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Maryland. According to available records, Richmond Lee Downey Foundation has made 74 grants totaling $123K, with a median grant of $2K. Annual giving has grown from $26K in 2020 to $67K in 2022. Individual grants have ranged from $500 to $5K, with an average award of $2K. The foundation has supported 19 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$1K
Largest Grant
$3K
Based on 18 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.
Richmond Lee Downey Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 74 grants. Its grantmaking reaches organizations primarily in MD.
Richmond Lee Downey Foundation has distributed a total of $123K across 74 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $500 to $5K.
No disbursements other than qualified charities.
Richmond Lee Downey Foundation is headquartered in WILLIAMSPORT, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| R Lee Downey | PRESIDENT/TR | $0 | $0 | N/A |
| Ann Marie Downey | TRUSTEE | $0 | $0 | N/A |
| Leon R Catlett | TRUSTEE | $0 | $0 | N/A |
Total Giving
$36K
Total Assets
$297K
Fair Market Value
$395K
Net Worth
$297K
Grants Paid
$35K
Contributions
$36K
Net Investment Income
$21K
Distribution Amount
$16K
Total: $276K
Total Grants
74
Total Giving
$123K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
19
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Christian ChurchGENERAL FUND | Hagerstown, MD | $3K | 2022 |
| Big Brothers Big Sisters OfGENERAL FUND | Hagerstown, MD | $1K | 2022 |
| Maryland Theatre Association IncGENERAL FUND | Hagerstown, MD | $5K | 2022 |
| Girls Incorporated Of Washington CoGENERAL FUND | Hagerstown, MD | $3K | 2022 |
| Boys And Girls Club Of Washington CGENERAL FUND | Hagerstown, MD | $3K | 2022 |
| Williamsport Food BankGENERAL FUND | Williamsport, MD | $3K | 2022 |
| Community Free ClinicGENERAL FUND | Hagerstown, MD | $3K | 2022 |
| Washington County Free LibraryGENERAL FUND | Williamsport, MD | $2K | 2022 |
| Washington County Public SchoolsGENERAL FUND | Williamsport, MD | $2K | 2022 |
| Friends Of The Washington CountyGENERAL FUND | Boonsboro, MD | $2K | 2022 |
| Children'S Village Of Washington CoGENERAL FUND | Hagerstown, MD | $2K | 2022 |
| Washington County Museum OfGENERAL FUND | Hagerstown, MD | $2K | 2022 |
| Brooke'S House IncGENERAL FUND | Hagerstown, MD | $1K | 2022 |
| Hagerstown Community ConcertGENERAL FUND | Hagerstown, MD | $1K | 2022 |
| Washington Cnty Council Of ChurchesGENERAL FUND | Hagerstown, MD | $1K | 2022 |
| Washington County Community ActionGENERAL FUND | Hagerstown, MD | $1K | 2022 |
| Friends Of Troop 17 Charitable TrusGENERAL FUND | Williamsport, MD | $500 | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD