Richardson Family Foundation

Organization Overview

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.

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.


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Financial Statements

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

Grants Awarded

Over the last fiscal year, Richardson Family Foundation has awarded $113,500 in support to 17 organizations.

Grant RecipientAmount

BLUE GRASS RESOURCE CENTER

Org PageRecipient Profile

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
View Grant Profile

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