The Richman Family Foundation Inc

Organization Overview

The Richman Family Foundation Inc is located in Baltimore, MD. The organization was established in 1994. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Richman Family 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.

For the year ending 12/2021, Richman Family Foundation Inc generated $824.7k 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 (7.7%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Richman Family Foundation Inc has awarded 22 individual grants totaling $5,536,423. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES OF THE ASSOCIATED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE GRANTS TO PUBLIC CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THE MISSION OF THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $370,096
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $454,554
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $824,650

Grants Awarded

Over the last fiscal year, The Richman Family Foundation Inc has awarded $4,260,838 in support to 15 organizations.

Grant RecipientAmount

JOHNS HOPKINS UNIVERSITY

Org PageRecipient Profile

Baltimore, MD

PURPOSE: OPERATING SUPPORT

$1,680,409

UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION

Org PageRecipient Profile

College Park, MD

PURPOSE: OPERATING SUPPORT

$600,000

UNIVERSITY OF MARYLAND FOUNDATION

Org PageRecipient Profile

Adelphi, MD

PURPOSE: OPERATING SUPPORT

$300,000

UNIVERSITY OF MARYLAND BALTIMORE FOUNDATION

Org PageRecipient Profile

Baltimore, MD

PURPOSE: OPERATING SUPPORT

$287,019

THE ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE

Org PageRecipient Profile

Baltimore, MD

PURPOSE: OPERATING SUPPORT

$280,000

Baltimore, MD

PURPOSE: OPERATING SUPPORT

$261,000
View Grant Profile

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