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William Allen Richards Foundation Fbo Lehigh University Trust No 162 is a private trust based in BLUEFIELD, WV. The foundation received its IRS ruling in 1977. The principal officer is First Community Bank. It holds total assets of $101K. Annual income is reported at $19K. Total assets have decreased from $150K in 2011 to $101K in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, William Allen Richards Foundation Fbo Lehigh University Trust No 162 has made 4 grants totaling $24K, with a median grant of $6K. The foundation has distributed between $6K and $6K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $6K distributed across 1 grants. Individual grants have ranged from $6K to $6K, with an average award of $6K. Grant recipients are concentrated in Pennsylvania. 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.
William Allen Richards Foundation Fbo Lehigh University Trust No 162 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in PA.
William Allen Richards Foundation Fbo Lehigh University Trust No 162 has distributed a total of $24K across 4 grants. The median grant size is $6K, with an average of $6K. Individual grants have ranged from $6K to $6K.
William Allen Richards Foundation Fbo Lehigh University Trust No 162 typically selects its grantees rather than accepting unsolicited proposals.
William Allen Richards Foundation Fbo Lehigh University Trust No 162 is headquartered in BLUEFIELD, WV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Community Bank | TRUSTEE | $415 | $0 | $415 |
Total Giving
$7K
Total Assets
$101K
Fair Market Value
$112K
Net Worth
$101K
Grants Paid
$6K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$6K
Total: $97K
Total Grants
4
Total Giving
$24K
Average Grant
$6K
Median Grant
$6K
Unique Recipients
1
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lehigh UniversityEDUCATION | Bethlehem, PA | $6K | 2023 |