Richardson Family Foundation
- Assets
- $909.2k
- Revenue
- $560.0
- Investments
- $34.4k
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 27-4032933
Organization Overview
Richardson Family Foundation is located in Sioux Falls, SD. The organization was established in 2011. 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. Richardson 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 12/2022, Richardson Family Foundation generated $560.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (50.2%) each year. All expenses for the organization totaled $49.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Richardson Family Foundation has awarded 58 individual grants totaling $314,638. 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 |
|---|---|---|---|
Carl G Richardson President | 1 | $0 | |
Sherlyn S Richardson Treasurer | 1 | $0 | |
Kirk Sandager Secretary | 1 | $0 | |
Alex Richardson Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $438 |
| Dividends & Interest | $122 |
| 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 | $0 |
| Total Revenue | $560 |
| 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 | $3,392 |
| Printing and publications | $0 |
| Other expenses | $333 |
| Total operating and administrative expenses | $5,844 |
| Contributions, gifts, grants paid | $44,105 |
| Total expenses and disbursements | $49,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,752 |
| Savings and temporary cash investments | $872,062 |
| 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 | $944 |
| Other assets | $0 |
| Total assets | $909,192 |
| 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, Richardson Family Foundation has awarded $44,105 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CAMPUS OUTREACH SERVE PURPOSE: CONTINUING SUPPORT | $22,800 |
TABLE ROCK CHURCH PURPOSE: CONTINUING SUPPORT | $9,600 |
NAVIGATORS PURPOSE: CONTINUING SUPPORT | $2,400 |
COMPASSION INTERNATIONAL PURPOSE: CONTINUING SUPPORT | $505 |
SAMARITAN PURSE PURPOSE: CONTINUING SUPPORT | $1,000 |
CAMPUS OUTREACH MINNEAPOLIS PURPOSE: CONTINUING SUPPORT | $600 |