Richards Family Foundation
- Assets
- $0.0
- Revenue
- $2.3k
- Investments
- $0.0
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 12/2006
- Data as of
- 09/2024
- EIN
- 02-0762705
Organization Overview
Richards Family Foundation is located in West Des Moines, IA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richards Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2024, Richards Family Foundation generated $2.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $29.8k during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Richards Family Foundation has awarded 12 individual grants totaling $234,437. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Jrichards Officer | 0 | $0 | |
Ann T Richards Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $111 |
| Dividends & Interest | $561 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,675 |
| Capital Gain Net Income | $1,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $399 |
| Total operating and administrative expenses | $412 |
| Contributions, gifts, grants paid | $29,437 |
| Total expenses and disbursements | $29,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Richards Family Foundation has awarded $29,437 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
NAZARETH SISTERS OF ANNUNCIATION PURPOSE: CONTRIBUTION | $2,500 |
PROFESSIONALS FOR CHARITY PURPOSE: CONTRIBUTION | $7,500 |
WEST DES MOINES COMMUNITY SCHOOLS FOUNDATION PURPOSE: CONTRIBUTION | $1,000 |
IOWA STATE FAIR PURPOSE: CONTRIBUTION | $1,000 |
CRISIS CANNINES OF THE MIDLANDS PURPOSE: CONTRIBUTION | $750 |
DOWLING ENDOWMENT FUND PURPOSE: CONTRIBUTION | $16,187 |