Ernest L Richmond & Constance V Richmond Foundation Inc
- Assets
- $719.9k
- Revenue
- -$23.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Warren, NJ
- Founding
- 04/2011
- Data as of
- 12/2023
- EIN
- 27-2678391
Organization Overview
Ernest L Richmond & Constance V Richmond Foundation Inc is located in Warren, NJ. The organization was established in 2011. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ernest L Richmond & Constance V Richmond Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Ernest L Richmond & Constance V Richmond Foundation Inc has awarded 67 individual grants totaling $575,000. 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) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Pompeo Trustee | 1 | $0 | |
Cynthia Hoff Trustee | 1 | $0 | |
William Hoff Trustee | 1 | $0 | |
Susan Parola Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,773 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$42,021 |
| Total Revenue | -$23,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $6,889 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $86,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $719,933 |
| 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 | $719,933 |
| 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, Ernest L Richmond & Constance V Richmond Foundation Inc has awarded $80,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
HOMES FOR OUR TROOPS PURPOSE: GIFT | $10,500 |
PARENTS & ALUMNI FOR ROBOTICS TEAM 75 INC PURPOSE: GIFT | $13,500 |
SAINT JUDE'S CHILDREN RESEARCH HOSPITAL PURPOSE: GIFT | $12,000 |
MSGR PETER J DOODY SCHOLARSHIP FUND PURPOSE: GIFT | $13,500 |
GIRL SCOUTS HEARTS OF NJ INC PURPOSE: GIFT | $3,500 |
CLIFTON EDUCATION FOUNDATION PURPOSE: GIFT | $4,500 |