H Smith Richardson Charitable Trust

Organization Overview

H Smith Richardson Charitable Trust is located in Greensboro, NC. The organization was established in 1972. 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. H Smith Richardson Charitable Trust 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 12/2023, H Smith Richardson Charitable Trust generated $6.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, H Smith Richardson Charitable Trust has awarded 20 individual grants totaling $10,006,000. 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
C Gerhard Anderson III
Trustee
$0
John P Richardson Jr
Trustee
$0
Tyler B Richardson
Trustee
$0
Nicolas L Richardson
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $910,026
Net Rental Income$0
Net Gain on Sale of Assets $2,033,856
Capital Gain Net Income $2,032,034
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $3,759,860
Total Revenue $6,703,742

Grants Awarded

Over the last fiscal year, H Smith Richardson Charitable Trust has awarded $1,987,000 in support to 5 organizations.

Grant RecipientAmount

SAILING FOUNDATION OF THE YACHT CLUB OF SEA ISLE CITY INC

PURPOSE: GENERAL SUPPORT

$3,000

WESTON VOLUNTEER FIRE DEPARTMENT

PURPOSE: GENERAL SUPPORT

$2,000

GREENS FARMS ACADEMY

PURPOSE: GENERAL SUPPORT

$5,000

LAFAYETTE COLLEGE

PURPOSE: GENERAL SUPPORT

$10,000

SMITH RICHARDSON FOUNDATION INC

PURPOSE: FLOW THROUGH GRANT - FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL PURPOSES OR RELIGIOUS NEEDS.

$1,967,000
View Grant Profile

Peer Organizations

Organization NameAssets
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Charlotte, NC
$316,101,045
Ththe Grady Health Foundation Inc
Atlanta, GA
$23,438,249
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$7,537,966
Manning Family Foundation
Charlottesville, VA
$5,624,625
Pyramid Peak Foundation
Memphis, TN
$983,586
Robert E And Jenny D Kirkland Found
Union City, TN
$10,828,232
The Haslam 3 Foundation Inc
Knoxville, TN
$12,489,767
Davis Love Iii Foundation
St Simons Island, GA
$12,009,621
Revada Foundation
Alexandria, VA
$3,258,811
Scarlett Family Foundation
Nashville, TN
$11,491,025
Speer Foundation
Brentwood, TN
$6,876,925
Bill And Crissy Haslam Foundation
Knoxville, TN
$10,642,071
Goodnight Educational Foundation
Cary, NC
$6,481,834
Fellowship Foundation Inc
Arlington, VA
$9,389,532
Argo Family Fund
Atlanta, GA
$16,759,071
Darnall W Boyd Foundation Inc
Columbia, SC
$8,499,212
Charles Koch Foundation Ii
Arlington, VA
$13,641
Wade L Layton Charitable Trust
Savannah, GA
$3,157,166
Spring Foundation Inc
Atlanta, GA
-$7,184,259
The Scott Hudgens Family Foundation Inc
Duluth, GA
$186,676
Plough Foundation
Memphis, TN
$6,515,829
Oak Hill Fund
Charlottesville, VA
$3,944,257
The Williams Brice Edwards Charitable Trust
Sumter, SC
$2,913,355
William Howard Flowers Jr
Thomasville, GA
$4,346,192
The Gift Of Hope Foundation Inc
Roswell, GA
$2,558,799

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