Richardson Family Foundation is located in Crozier, VA. The organization was established in 2019. 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 12/2021, Richardson Family Foundation generated $168.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (51.9%) each year. All expenses for the organization totaled $124.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Richardson Family Foundation has awarded 43 individual grants totaling $313,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RICHARDSON FAMILY FOUNDATION MAKES GRANTS TO QUALIFYING CHARITABLE ORGANIZATIONS AND DOES NOT CARRY OM CHARITABLE ACTIVITIES DIRECTLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Crit Taylor Richardson President | 1 | $0 | |
Elizabeth A Richardson Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $13 |
Dividends & Interest | $28,924 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $139,540 |
Capital Gain Net Income | $139,540 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $120 |
Total Revenue | $168,597 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $500 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $147 |
Total operating and administrative expenses | $10,554 |
Contributions, gifts, grants paid | $113,500 |
Total expenses and disbursements | $124,054 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $81,591 |
Savings and temporary cash investments | $55,812 |
Net Accounts receivable | $1,526 |
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 | $1,852,792 |
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 |
Over the last fiscal year, Richardson Family Foundation has awarded $113,500 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
Blue Grass, VA PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Goochland, VA PURPOSE: OPERATIONAL SUPPORT | $25,000 |
GOOCHLAND HABITAT FOR HUMANITY PURPOSE: OPERATIONAL SUPPORT | $20,000 |
AMERICAN RED CROSS PURPOSE: OPERATIONAL SUPPORT | $10,000 |
TUCKAHOE FAMILY YMCA PURPOSE: OPERATIONAL SUPPORT | $10,000 |
LIBERATION VETERAN SERVICES PURPOSE: OPERATIONAL SUPPORT | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Bedford Falls Foundation C/O Joanne Barkett Conway Washington, DC | $61,666,880 | $84,617,094 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
Wallace Global Fund Ii Washington, DC | $136,169,792 | $23,961,855 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |