Richardson Foundation
- Assets
- $632.0k
- Revenue
- $128.4k
- Investments
- $571.8k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 03/1985
- Data as of
- 12/2021
- EIN
- 62-1179433
Organization Overview
Richardson Foundation is located in Nashville, TN. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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 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 12/2021, Richardson Foundation generated $128.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $39.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Richardson Foundation has awarded 51 individual grants totaling $179,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Equitable Trust Company Suc Ttee | 1 | $7,133 | |
Jean Ellen R Cheek Trust Commit | 1 | $0 | |
Walter E Richardson III Trust Commit | 1 | $0 | |
Gayle R Eadie Trust Commit | 1 | $0 | |
James R Lattimore Jr Trust Commit | 1 | $0 | |
L Glenn Worley Trust Commit | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,582 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $109,822 |
| Capital Gain Net Income | $109,822 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $128,404 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,133 |
| 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 | $0 |
| Total operating and administrative expenses | $8,983 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $38,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,985 |
| 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 | $7,197 |
| Total assets | $632,006 |
| 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 Foundation has awarded $30,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA KEYS SOCIETY FOR PREVENTION PURPOSE: TO SUPPORT CHARITY | $9,000 |
SECOND HARVEST FOOD BANK-MIDDLE TN PURPOSE: TO SUPPORT CHARITY | $8,000 |
Nashville, TN PURPOSE: TO SUPPORT CHARITY | $4,000 |
FAMILY & CHILDREN'S SERVICES INC PURPOSE: TO SUPPORT CHARITY | $2,500 |
THE NEXT DOOR PURPOSE: TO SUPPORT CHARITY | $2,000 |
Nashville, TN PURPOSE: TO SUPPORT CHARITY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |