Also known as: Attn Arthur L Herbst Jr
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The George E Richmond Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2007. The principal officer is Arthur L Herbst Jr. It holds total assets of $46.1M. Annual income is reported at $3.8M. Total assets have grown from $1.2M in 2011 to $46.1M in 2024. The foundation is governed by 5 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 2015 to 2024. The foundation primarily funds organizations in District of Columbia, New York and Illinois. According to available records, The George E Richmond Foundation has made 21 grants totaling $4.6M, with a median grant of $58K. The foundation has distributed between $1.4M and $1.7M annually from 2020 to 2022. Individual grants have ranged from $10K to $800K, with an average award of $221K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Illinois, District of Columbia, New York, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$250K
Average Grant
$214K
Largest Grant
$400K
Based on 7 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.
The George E Richmond Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in IL, DC, NY.
The George E Richmond Foundation has distributed a total of $4.6M across 21 grants. The median grant size is $58K, with an average of $221K. Individual grants have ranged from $10K to $800K.
The George E Richmond Foundation typically selects its grantees rather than accepting unsolicited proposals.
The George E Richmond Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alfred E Brennan Jr | Co-President/Secretary | $250K | $27K | $277K |
| Arthur L Herbst Jr | Co-President/Treasurer | $250K | $58K | $308K |
| Jamie H Swartout | Director | $0 | $0 | N/A |
| Richard Richmond | Director | $0 | $0 | N/A |
| Brian Bermer | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$46.1M
Fair Market Value
N/A
Net Worth
$45.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
21
Total Giving
$4.6M
Average Grant
$221K
Median Grant
$58K
Unique Recipients
13
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Chicago Community TrustGeorge Richmond Foundation DAF | Chicago, IL | $800K | 2022 |
| University Of Chicago MedicineStudy effects on oral health on systemic health | Chicago, IL | $500K | 2022 |
| Georgetown University - Rbh ScholarsORAL AND SYSTEMIC HEALTH RBH SCHOLARS PROGRAM | Washington, DC | $300K | 2022 |
| Kansas City UniversityCollege of Dental Medicine Discretionary Fund | Kansas City, MO | $50K | 2022 |
| Santa Fe GroupGrant for salon focused on adding dental benefit to Medicare | New York, NY | $25K | 2022 |
| Georgetown University - Office Of Gift AdminGeorge E. Richmond Foundation Term Professorship | Washington, DC | $400K | 2021 |
| Georgetown University - Health Policy FundFor student research on projects related to oral health care access | Washington, DC | $400K | 2021 |
| Georgetown University - Office Of Minority HealthLeveraging Telehealth To Improve Oral Health and Systemic Outcomes Study | Washington, DC | $321K | 2021 |
| Georgetown University - Oral Health Care Fundsupport the faculty research as part of a study related to obstacles to oral health care | Washington, DC | $250K | 2021 |
| University Of ChicagoRBH ENDOWMENT FUND | Chicago, IL | $800K | 2020 |
| University Of Chicago - Metcalf InternshipMetcalf Internship Program/RBH Fellows | Chicago, IL | $450K | 2020 |
| Georgetown University Health Justice AllianceSTUDENT CLINIC POLICY PROJECTS | Washington, DC | $55K | 2020 |
| Georgetown University - Covid Research ResponseCOVID COMMUNITY RESPONSE AND MITIGATION | Washington, DC | $20K | 2020 |