First Bank Richmond Inc Community Foundation logo

First Bank Richmond Inc Community Foundation

Private foundation · Grantmaker Richmond, IN EIN: 84-2280161 Website

First Bank Richmond, Inc. Community Foundation is a private foundation based in Richmond, Indiana, established to benefit communities where First Bank Richmond operates. It supports projects and activities intended to improve quality of life in those communities, with grants concentrated in Indiana and some support in Ohio.

Key facts about First Bank Richmond Inc Community Foundation

In short: First Bank Richmond Inc Community Foundation gave $637K across 96 grants in 2024 (avg $7K), mostly in Indiana. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
84-2280161
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$637,251
Grants made (2024)
96
Average grant
$6,638
Median grant
$2,250
New grantees (estimate)
24% first-time grantees (23 of 96, 2024)
Total assets
$6,047,771
Primary geography
Indiana (95% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.0M

-9.7% YoY

Annual Giving

$637K

-6.9% YoY

Grant Count

96

+5.5% YoY

Avg Grant Size

$7K

-11.8% YoY

Under IRS private-foundation payout rules, First Bank Richmond Inc Community Foundation reported a distributable amount of $265K for 2024 — the minimum it must pay out in qualifying distributions.

Is First Bank Richmond Inc Community Foundation open to new grantees?

24%

first-time grantees, 2024

In 2024, 23 of 96 grantees (24%) were first-time recipients. First grants averaged $6K; repeat grants $7K. How we count

Medians: $1K first-time, $3K repeat.

  • 61% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 253% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The Foundation says it aims to invest in the future of the bank’s market areas and in “the citizens of today and tomorrow.” Its funding priorities are economic development, education, health and human services, youth programs, the performing and visual arts, and traditional community contributions.

Its 2024 grantees illustrate the range of organizations supported. The Indiana University Foundation says it maximizes private philanthropic support for Indiana University; Richmond Civic Theatre says it creates live community theatre experiences; and Circle You Help Center says it provides hot meals to people experiencing homelessness and a food pantry to people in need. Other recipients included Ivy Tech Foundation, whose stated purpose is to administer contributions and property for the benefit of Ivy Tech Community College, and Sunrise, which says it promotes health and social development through equine-assisted therapeutic activities.

Grantmaking

In filing year 2024, the Foundation reported 96 grants totaling $637,251. Grants ranged from $200 to $100,000, with a median grant of $2,250. The largest reported grants included $100,000 to Wayne County Government for other program support; $85,000 to Boys and Girls Club of Wayne County for a pledge and corporate contribution; and $57,500 to Indiana University Foundation for general operating support.

Open Grants

1 open opportunity from First Bank Richmond Inc Community Foundation

Your AI grants department

Ready to take the next step with First Bank Richmond Inc Community Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

The Foundation anticipates making grants in the bank’s market areas and communities served by its branches. In 2024, 95% of grant dollars went to recipients in Indiana and 5% to recipients in Ohio.

Grant Distribution by State

4states

Share of 2024 grant dollars across all 96 itemized grants.

Cities

RichmondSidneyShelbyvilleCentervillePiquaCambridge CityIndianapolisTroyFountain CityMuncieBloomingtonFranklinPeruCincinnatiWest RichmondYorktownCambridgeDallasEatonPershing

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K63 grants2020 70 grants2021 78 grants2022 91 grants2023 96 grants2024

From 2020 to 2024, annual grant giving ranged from $414K (2020) to $685K (2023). In 2024 it made 96 grants totaling $637K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Wayne County Government: $100KWayne County Government$100KBoys and Girls Club of Wayne County: $85KBoys and Girls Club of WayneCounty$85KIndiana University Foundation Inc: $58KIndiana University FoundationInc$58KStanley W Hayes Research Foundation Inc: $28KStanley W Hayes ResearchFoundation Inc$28KThe Chamber Center for Excellence Inc: $25KThe Chamber Center forExcellence Inc$25KThe Richmond Symphony Orchestra: $25KThe Richmond SymphonyOrchestra$25KBethany Theological Seminary: $20KBethany Theological Seminary$20KCity of Richmond: $18KCity of Richmond$18KIvy Tech Foundation: $16KIvy Tech Foundation$16KRichmond Civic Theatre Inc: $15KRichmond Civic Theatre Inc$15K

The largest 2024 recipient was Wayne County Government ($100K). Together the top 10 received $389K.

Organizations only. It also paid 1 grant to individuals ($500), which are not listed by name.

Grant Size Distribution

398 grants across all recorded years

386<$50K9$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 386 grants of 398 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wayne County Government Richmond, INOther Program Support$100,000
Boys and Girls Club of Wayne County Richmond, IN2024 Pledge and Corporate Contribution$85,000
Indiana University Foundation Inc Bloomington, INGeneral Operating Support$57,500
Stanley W Hayes Research Foundation Inc Richmond, INOther Program Support$28,400
The Chamber Center for Excellence Inc Richmond, INDiamond Partner, Annual Dinner, School Is Cool$25,000
The Richmond Symphony Orchestra Richmond, INSignature Event, First Chair, and Other Sponsorship$25,000
Bethany Theological Seminary Richmond, INOther Program Support$20,000
City of Richmond Richmond, INWinter Farmer's Market and 2024 Events$18,000
Ivy Tech Foundation Indianapolis, INKeys and cocktails/ivy tech day; video wall technology pledge$15,500
Richmond Civic Theatre Inc Richmond, INMain Stage Sponsorship$15,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $6,047,771 $343,150 $713,114 $637,251 96
2023 $6,700,468 $323,843 $410,545 $684,673 91
2022 $7,131,070 $196,435 $1,829,080 $597,750 78
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$6,047,771$6,700,468$7,131,070
Revenue$343,150$323,843$196,435
Expenses$713,114$410,545$1,829,080
Qualifying Distributions$669,629$374,534$630,493
Net Investment Income$324,272$289,331$165,138
Distributable Amount$264,601$269,367$377,291

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The Foundation’s website lists Kathryn Girten, Bruce Daggy, Jeffrey Jackson, Garry Kleer, and Lindley Mann as board members. It lists Garry Kleer as chairman/president, Kathryn Girten as vice president/treasurer, Brandy Lakes as secretary, and Kimberly Poinsett as executive director.

The 2024 filing lists Garry D. Kleer as president, Thomas Holthouse as chairman of the board, Kathryn Girten as vice president and treasurer, Beth Brittenham as secretary, and Bruce Daggy and Lindley S. Mann as directors.

First Bank Richmond Inc Community Foundation is led by Garry D. Kleer, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Garry D. Kleer

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas Holthouse

    Chairman of the Board

    Chariman of the Board → Chairman of the Board, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bruce Daggy

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lindley S. Mann

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Beth Brittenham

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kathryn Girten

    Vice President & Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Kathryn Cruz-Uribe (2020–2022) — Vice President & Treasurer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 31 N 9Th Street, Richmond, IN 47374
Phone: (765) 962-2581
Website: https://firstbankrichmond.com

Frequently asked questions about First Bank Richmond Inc Community Foundation

How much does First Bank Richmond Inc Community Foundation give each year?

First Bank Richmond Inc Community Foundation gave $637K across 96 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $685K across 91 grants.

What is First Bank Richmond Inc Community Foundation's typical grant size?

First Bank Richmond Inc Community Foundation's median grant in 2024 was $2,250, and its average grant was $6,638, across 96 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from First Bank Richmond Inc Community Foundation that year got $6K on average.

Where does First Bank Richmond Inc Community Foundation give grants?

First Bank Richmond Inc Community Foundation gives mostly in Indiana: 95% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Richmond, IN (39 grants), Centerville, IN (7 grants), Shelbyville, IN (7 grants) and Piqua, OH (7 grants).

Does First Bank Richmond Inc Community Foundation give general operating support?

Occasionally: 7% of First Bank Richmond Inc Community Foundation's 2024 grants with a stated purpose (7 of 96) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Help Program - 5 Playground Project" (5 grants) and "Other Program Support" (3 grants).

Who are First Bank Richmond Inc Community Foundation's largest grantees?

First Bank Richmond Inc Community Foundation's largest 2024 grantees include Wayne County Government ($100,000), Boys and Girls Club of Wayne County ($85,000) and Indiana University Foundation Inc ($57,500), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($500), which are not listed by name. Together they received 38% of its itemized 2024 grant dollars.

How large is First Bank Richmond Inc Community Foundation?

First Bank Richmond Inc Community Foundation reported $6.0M in total assets on its 2024 IRS Form 990-PF. It paid out $670K in qualifying distributions that year, against a required minimum of $265K (roughly 5% of its investment assets).

What does First Bank Richmond Inc Community Foundation fund?

The Foundation says it aims to invest in the future of the bank’s market areas and in “the citizens of today and tomorrow.” Its funding priorities are economic development, education, health and human services, youth programs, the performing and visual arts, and traditional community contributions. See mission & focus areas ↑

How do I apply for a grant from First Bank Richmond Inc Community Foundation?

First Bank Richmond Inc Community Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check firstbankrichmond.com for any change to that policy.

What is First Bank Richmond Inc Community Foundation's EIN?

First Bank Richmond Inc Community Foundation's EIN (Employer Identification Number) is 84-2280161. IRS Form 990 filing data is available on this page for 2020–2024.

Does First Bank Richmond Inc Community Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Your AI grants department

Here's the math on researching First Bank Richmond Inc Community Foundation by hand.

Explore Open Grants

Browse active grant opportunities in First Bank Richmond Inc Community Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Wayne County Indiana Foundation Inc

Richmond, IN

The foundation funds community programs and projects in areas such as education, arts and culture, youth development, environmental sustainability, and neighborhood revitalization, primarily in Wayne County, Indiana. Its 2026 program grants request $25,000–$50,000, while year-round Rapid Response grants are up to $5,000; it accepts applications through scheduled cycles and year-round for Rapid Response grants.

Assets

$76.8M

Grants

80

Total Given

$2.7M

The Paul W Lingle Family Foundation

Richmond, IN

Philanthropy, Voluntarism & Grantmaking

Assets

$2.1M

Grants

34

Total Given

$73K

Quigg Fund Inc

Faribault, MN

Quigg Fund Inc supports youth programming, education, arts, environmental education, domestic abuse services, and childhood medical research, with most 2024 funding going to Indiana organizations. Its 17 grants in 2024 totaled $120,541, ranging from $45 to $21,321, with a median of $3,000. It accepts written requests with an IRS determination letter and current financial statement by December 1.

Assets

$2.1M

Grants

17

Total Given

$121K

Lilly Endowment Inc

Indianapolis, IN

Lilly Endowment funds community development, education and youth, and religion, with a national reach—especially in religion—and a particular commitment to Indianapolis and Indiana. Its 2025 grants had a median of $100,000, though awards ranged widely; the profile does not state whether it accepts unsolicited requests.

Assets

$105.9B

Grants

2,285

Total Given

$3.9B

The Stamm Koechlein Family Foundation

Richmond, IN

The Stamm Koechlein Family Foundation supports nonprofits that strengthen community life, especially by expanding opportunities for young people, and also funds community, education, arts, health, and environmental work. Grants typically average about $10,000, with requests commonly ranging from $5,000 to $20,000; its focus is Richmond and surrounding communities, though it has also funded organizations elsewhere. It does not accept unsolicited requests, and organizations outside Wayne County must be invited to apply.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.7M

Grants

34

Total Given

$345K

Central Indiana Community Foundation Inc

Indianapolis, IN

CICF supports a range of charitable work through its funds and partner entities, including youth programs, housing, social services, environmental equity, and services for older adults, primarily in Central Indiana. Its 2024 grants had a median award of $25,000, though amounts varied widely. CICF does not award grants directly; most competitive opportunities use its grants portal, while the Hamilton County Multi-Year Partner Grant is invitation-only and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$583.5M

Grants

525

Total Given

$31.1M

CenterPoint Energy Foundation Inc

Houston, TX

The CenterPoint Energy Foundation funds community vitality and education, including affordable housing, environmental stewardship, community spaces, literacy, STEM, and workforce development. It awarded grants from $250 to $2.9 million in 2025, with a median of $15,000, to eligible organizations in Indiana, Minnesota, Ohio, and Texas. Although it offers online application cycles, its 2025 filing says it does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$52.6M

Grants

483

Total Given

$18.4M

Duke Energy Foundation

Charlotte, NC

The Duke Energy Foundation funds workforce development, local economic development and recovery, disaster resilience, conservation, and economic opportunity in communities across North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. It reports more than $30 million in annual charitable grants; awards vary widely, with a 2024 median of $25,000, and applications of $20,000 or less are accepted on a rolling basis. Applicants should contact their local Foundation representative before applying.

Assets

$1.9M

Grants

41

Total Given

$25.6M

National Collegiate Athletic Association

Indianapolis, IN

The NCAA funds college sports, including member conferences and schools, championships, student-athlete programs, coaching and athletics administration, and academic initiatives. Its 2025 grants ranged from $5,000 to $61.9 million, with a median of $16,228; recipients were across the United States, with the largest reported shares in Texas, North Carolina, Illinois, and Alabama. The profile does not state whether the NCAA accepts unsolicited requests.

Assets

$1.1B

Grants

591

Total Given

$627.8M

University of Notre Dame du Lac

Notre Dame, IN

The University of Notre Dame supports Catholic education, student life, academics, athletics, research, and nonprofit and institutional projects; its 2025 grants had a median of $30,480, though amounts varied widely. Giving is concentrated in Florida and Indiana, with support also going to organizations elsewhere in the U.S.; the profile does not state whether it accepts unsolicited general requests.

Education

Assets

$29.6B

Grants

462

Total Given

$84.8M

United Way of Central Indiana Inc

Indianapolis, IN

United Way of Central Indiana funds basic needs, family opportunity, economic mobility, early learning, housing, and human-services-sector support, primarily in Boone, Hamilton, Hancock, Hendricks, Marion, Morgan, and Putnam counties. Its 2025 grants had a median of $16,238, while current Basic Needs and Family Opportunity awards range from $8,500 to $150,000; those funds accept applications from nonprofits outside its accredited partner network, but the profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$255.2M

Grants

370

Total Given

$29.9M

More Funders in Indiana

First Bank Richmond Inc Community Foundation down — hundreds of funders to go?

Want AI to do this for you?