Funder DirectoryTHE RICHMAN FOUNDATION INC
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Private foundation (trust)EIN 874560827Est. 2022-03

THE RICHMAN FOUNDATION INC

BALTIMORE, MD 21201

Accepts unsolicited proposals

Total Assets

$9.6M

FY 2023

Annual Giving

$1.8M

FY 2023

Grants Made

42

FY 2023

Avg Grant

$42K

FY 2023

Grant Range

$1K–$300K

Typical

Deadlines

Calls and letters of inquiry are accep…

Applications

Programs & Activities

Program 1

The foundation makes grants to other section 501(c)(3) organizations involved in direct charitable activities. See attached schedule.

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$9.9M

Total Expenses

$2.1M

Qualifying Distributions

$2.0M

Distributable Amount

$352K

Min. Investment Return

$389K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

42 grants

Grant sizes from minimum $1K through median $15K to maximum $300K, 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

2 years

Giving over time from 2022 to 2023. Peak $1.8M in 2023. Hover bars for details.

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

Top Recipients

62 grants

MOUNT ST JOSEPH
$408K
2 grants
MERCY HEALTH FOUNDATION
$300K
1 grant
UMD FOUNDATION
$300K
1 grant
BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN
$200K
1 grant
THE LOYOLA SCHOOL
$197K
1 grant
THE PARK SCHOOL
$156K
1 grant
THE ASSOCIATED
$130K
1 grant
FUND FOR EDUCATIONAL EXCELLENCE
$115K
1 grant

Grant Size Distribution

62 grants

<$10K
22
grants
$10–50K
28
grants
$50–250K
10
grants
$250K–1M
2
grants
$1–5M
$5M+

Geographic Focus

7 states

Maryland
$2.9M
94% of total
District of Columbia
$61K
2% of total
Massachusetts
$60K
2% of total
New Hampshire
$28K
1% of total
Pennsylvania
$13K
0% of total
New York
$11K
0% of total
Virginia
$1K
0% of total

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THE RICHMAN FOUNDATION INC — Grants, Financials & Contact | Grantivo