First Bank Richmond Inc Community Foundation

Organization Overview

First Bank Richmond Inc Community Foundation is located in Richmond, IN. The organization was established in 2020. According to its NTEE Classification (T31) the organization is classified as: Community 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. First Bank Richmond Inc Community 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, First Bank Richmond Inc Community Foundation generated $399.9k 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 (63.5%) each year. All expenses for the organization totaled $611.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, First Bank Richmond Inc Community Foundation has awarded 343 individual grants totaling $6,691,817. 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

NONE


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
President
$0
Name Not Listed
Chairman Of The Board
$0
Name Not Listed
Vice President And Treasurer
$0
Name Not Listed
Secretary
$0
Name Not Listed
Director
$0
Name Not Listed
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $8,877
Dividends & Interest $390,326
Profit on Inventory Sales $0
Other Income $0
Total Revenue $399,871

Grants Awarded

Over the last fiscal year, First Bank Richmond Inc Community Foundation has awarded $2,097,873 in support to 104 organizations.

Grant RecipientAmount

A BETTER WAY SERVICES

PURPOSE: GENERAL

$4,000

ADULT DAY CARE OF RICHMOND

PURPOSE: GENERAL

$500

ALZHEIMER'S ASSOCIATION

PURPOSE: GENERAL

$1,000

AMIGOS THE RICHMOND LATINO CENTER

PURPOSE: GENERAL

$7,500

ANIMAL CARE ALLIANCE COMPANY

PURPOSE: GENERAL

$3,500

ARCHWAY DAYS FESTIVAL INC

PURPOSE: GENERAL

$2,000
View Grant Profile

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