Funder DirectoryLOUISE W AND LUTHER W RICHARDSON
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Private foundation (trust)EIN 206120980Est. 2004-10

LOUISE W AND LUTHER W RICHARDSON

TUSCALOOSA, AL 35404

Total Assets

$2.4M

FY 2024

Annual Giving

$85K

FY 2024

Grants Made

8

FY 2024

Avg Grant

$11K

FY 2024

Grant Range

$1K–$26K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$69K

Total Expenses

$109K

Qualifying Distributions

$85K

Distributable Amount

$111K

Min. Investment Return

$112K

Undistributed Income

$110K

Payout rate 76%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.76%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

8 grants

Grant sizes from minimum $1K through median $8K to maximum $26K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $85K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

14 grants

MONTEAGLE ASSEMBLY ENDOWMENT FUND CORPORATION
$125K
3 grants
CHRIST EPISCOPAL CHURCH
$37K
3 grants
HISTORIC TUSCALOOSA
$15K
2 grants
CHIEF AND CALLA BELL SCHOLARSHIP FOUNDATION
$10K
1 grant
ST THOMAS EPISCOPAL - BURNSVILLE NC
$5K
1 grant
UNIVERSITY OF ALABAMA
$5K
1 grant
RISE PROGRAM
$3K
1 grant
MAGIC MOMENTS
$1K
1 grant

Grant Size Distribution

14 grants

<$10K
10
grants
$10–50K
3
grants
$50–250K
1
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Tennessee
$125K
62% of total
Alabama
$62K
31% of total
North Carolina
$15K
7% of total

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LOUISE W AND LUTHER W RICHARDSON — Grants, Financials & Contact | Grantivo