George E Richmond Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46.1M in total assets. In 2024, it awarded 4 grants totaling $1.3M. Net investment income was $2.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$46.1M
+7.3% YoY
Annual Giving
$1.3M
-26.9% YoY
Grant Count
4
-55.6% YoY
Avg Grant Size
$319K
+64.5% YoY
About George E Richmond Foundation
Based on IRS filings
George E Richmond Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $46.1M in total assets. In 2024, it awarded 4 grants totaling $1.3M. Net investment income was $2.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $46,080,047 | $42,930,715 | $40,811,753 |
| Revenue | $2,833,355 | $2,211,183 | $1,152,621 |
| Expenses | $2,595,101 | $2,758,425 | $2,611,842 |
| Qualifying Distributions | $1,929,292 | $2,410,847 | $2,337,063 |
| Net Investment Income | $2,252,349 | $1,629,161 | $525,277 |
| Distributable Amount | $2,179,614 | $2,053,811 | $2,164,903 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Arthur L Herbst Jr | Co-President/Treasurer | — | $250,000 |
| Alfred E Brennan Jr | Co-President/Secretary | — | $250,000 |
| Brian Bermer | Director | — | — |
| Richard Richmond | Director | — | — |
| Jamie H Swartout | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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