D Richard Mead Charitable Foundation
The D Richard Mead Charitable Foundation is a private foundation based in Chicago, Illinois, established in 1992. Operating as a 501(c)(3) organization, it has been tax-exempt since February 1994. The foundation functions as a non-operating private foundation that makes charitable contributions to preselected organizations rather than accepting unsolicited proposals.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+1.6% YoY
Annual Giving
$134K
+2.4% YoY
Grant Count
53
+29.3% YoY
Avg Grant Size
$3K
-20.8% YoY
Under IRS private-foundation payout rules, D Richard Mead Charitable Foundation reported a distributable amount of $153K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation operates on a preselected grantee model, meaning it typically selects charitable organizations to support rather than accepting unsolicited grant applications.
Grant Range
$500 to $15,000
Average Grant
amount: $3,000
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations across multiple states, with concentrated giving in:
- Florida
- Colorado
- North Carolina
These three states account for approximately 82% of all grants. The foundation's grantmaking reaches organizations across 12 states total, including California, Colorado, Connecticut, Florida, Illinois, New York, North Carolina, Pennsylvania, Tennessee, Washington, Wisconsin, and Wyoming. The foundation also supports major metropolitan areas including Miami, Denver, and Seattle.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $2.41 million to $2.5 million
- Total revenue: $128,959 to $1.2 million (reported figures vary by source)
- Total expenses: $146,199
- Total liabilities: $0
Historical Financial Data:
- Tax filings available from 2020 to 2023
- Most recent tax filing: December 2023
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,451,822 | $2,413,067 | $2,429,195 |
| Revenue | $190,031 | $128,959 | $22,393 |
| Expenses | $151,477 | $146,199 | $170,950 |
| Qualifying Distributions | $140,835 | $136,936 | $156,695 |
| Net Investment Income | $180,812 | $118,210 | $55,463 |
| Distributable Amount | $153,270 | $136,941 | $140,131 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
177 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Western North Ca ($10,000), Cashiers Baptist Church ($10,000), Ms Porter Farmington ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALFALIT INTERNATIONAL INC MIAMI, FL | GENERAL | $1,500 |
| AMERICAN RED CROSS MIAMI, FL | GENERAL | $2,500 |
| BAPTIST HEALTH SOUTH FLORIDA FOUNDATION CORAL GABLES, FL | GENERAL | $2,500 |
| CHILDREN'S HOME SOCIETY OF FLORIDA MIAMI, FL | GENERAL | $2,000 |
| LIGHTHOUSE FOR THE BLIND MIAMI, FL | GENERAL | $2,500 |
| MS PORTER FARMINGTON FARMINGTON, CT | GENERAL | $5,000 |
| ROLLINS COLLEGE ORLANDO, FL | GENERAL | $1,000 |
| MIAMI ROTARY CLUB CORAL GABLES, FL | GENERAL | $2,000 |
| SALVATION ARMY MIAMI, FL | GENERAL | $2,500 |
| LOWE (2000-BEAUX ARTS) MIAMI, FL | GENERAL | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Northern Trust Company serves as the principal officer and co-trustee of the foundation, and is compensated for its administrative role. The foundation is governed by five officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NORTHERN TRUST COMPANY | CO-TRUSTEE | 40 | $11,913 |
| MARY CATHERINE HAMIL | CO-TRUSTEE | 1 | — |
| STANLEY BUDGE MEAD | CO-TRUSTEE | 1 | — |
| KENT HAMILL | CO-TRUSTEE | 1 | — |
Contact Information
- Address: PO Box 803878, Chicago, IL 60680-3878
- Phone: (312) 630-6000
Frequently Asked Questions
How do I apply for a grant from D Richard Mead Charitable Foundation?
The foundation operates on a preselected grantee model, meaning it typically selects charitable organizations to support rather than accepting unsolicited grant applications. **Grant Characteristics:** • Grant range: $500 to $15,000 • Average grant amount: $3,000 • Median grant amount: $3,000 • Historical grant activity: 89 grants totaling $281,000 across supported organizations • Annual distribution: Between $131,000 and $151,000 (2022-2023) • Number of unique organizations supported: 58 **Fun…
Where does D Richard Mead Charitable Foundation make grants?
The foundation primarily supports organizations across multiple states, with concentrated giving in: • Florida • Colorado • North Carolina These three states account for approximately 82% of all grants. The foundation's grantmaking reaches organizations across 12 states total, including California, Colorado, Connecticut, Florida, Illinois, New York, North Carolina, Pennsylvania, Tennessee, Washington, Wisconsin, and Wyoming. The foundation also supports major metropolitan areas including Miami,…
What size grants does D Richard Mead Charitable Foundation award?
In 2024, D Richard Mead Charitable Foundation awarded 53 grants totaling $134K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is D Richard Mead Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, D Richard Mead Charitable Foundation reported a distributable amount of $153K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is D Richard Mead Charitable Foundation's EIN?
D Richard Mead Charitable Foundation's EIN (Employer Identification Number) is 65-6106335. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in D Richard Mead Charitable Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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