Grace Jones Richardson Tr

Organization Overview

Grace Jones Richardson Tr is located in Greensboro, NC. The organization was established in 1964. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Grace Jones Richardson Tr 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 12/2021, Grace Jones Richardson Tr generated $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Grace Jones Richardson Tr has awarded 929 individual grants totaling $5,663,000. 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)Compensation
Tyler B Richardson
Trustee
$10,000
Nicolas Richardson
Trustee
$10,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $250,000
Interest on Savings $844
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $19,970,718
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $8,701,866
Total Revenue $8,952,710

Grants Awarded

Over the last fiscal year, Grace Jones Richardson Tr has awarded $1,990,000 in support to 316 organizations.

Grant RecipientAmount

PERFORMING ARTS BUILDING FOUNDATION INC

Org PageRecipient Profile

Orleans, MA

PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE

$101,000

CENTER FOR CREATIVE LEADERSHIP

PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE

$76,000

Poughkeepsie, NY

PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE

$60,000

THE REASON FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE

$40,000

NORTHWELL HEALTH FOUNDATION

PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE

$40,000

CITY LIGHTS & COMPANY

Org PageRecipient Profile

Bridgeport, CT

PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE

$35,000
View Grant Profile

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