Richard Grinold Fund

Organization Overview

Richard Grinold Fund is located in Pebble Beach, CA. The organization was established in 2009. 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. Richard Grinold Fund 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, Richard Grinold Fund generated $148.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Richard Grinold Fund has awarded 52 individual grants totaling $7,084,130. 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

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Leilani Grinold
Sec/cfo/dir.
$0
Richard Grinold
Pres./dir.
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $87,451
Net Rental Income$0
Net Gain on Sale of Assets $61,016
Capital Gain Net Income $61,016
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $148,467

Grants Awarded

Over the last fiscal year, Richard Grinold Fund has awarded $1,034,203 in support to 9 organizations.

Grant RecipientAmount

INSTITUTE FOR JUSTICE

Org PageRecipient Profile

Arlington, VA

PURPOSE: CHARITABLE CONTRIBUTION

$411,915

FOUNDATION FOR INDIV RIGHTS IN EDUC

PURPOSE: CHARITABLE CONTRIBUTION

$402,288

MANHATTAN INSTITUTE FOR POLICY RESE

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE CONTRIBUTION

$50,000

HOOVER INSTITUTION

PURPOSE: CHARITABLE CONTRIBUTION

$50,000

REAL CLEAR FOUNDATION

Org PageRecipient Profile

Northbrook, IL

PURPOSE: CHARITABLE CONTRIBUTION

$50,000

MONTAGE HEALTH FOUNDATION

PURPOSE: CHARITABLE CONTRIBUTION

$30,000
View Grant Profile

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