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Richter Foundation Inc. is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 1957. It holds total assets of $1K. Annual income is reported at $5K. Total assets have grown from $611 in 2010 to $920 in 2022. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Richter Foundation Inc. has made 8 grants totaling $19K, with a median grant of $2K. Annual giving has grown from $5K in 2020 to $9K in 2022. Individual grants have ranged from $2K to $3K, with an average award of $2K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
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.
Richter Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NC, SC.
Richter Foundation Inc. has distributed a total of $19K across 8 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $2K to $3K.
Richter Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Richter Foundation Inc. is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lloyd Richter | PRESIDENT | $0 | $0 | N/A |
| Benjamin Richter | VP SECRETARY | $0 | $0 | N/A |
Total Giving
$5K
Total Assets
$920
Fair Market Value
$920
Net Worth
$920
Grants Paid
$5K
Contributions
$5K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$19K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
2
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple Beth ElRELIGIOUS | Charlotte, NC | $3K | 2022 |
| Wofford CollegeEDUCATIONAL | Spartanburg, SC | $2K | 2022 |