Gladys Johnson Ritchie is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSBORO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $55K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+10.6% YoY
Annual Giving
$55K
-33.3% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$9K
-33.3% YoY
Under IRS private-foundation payout rules, Gladys Johnson Ritchie reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
About Gladys Johnson Ritchie
Based on IRS filings
Gladys Johnson Ritchie is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSBORO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $55K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,139,476 | $1,030,359 | $1,076,826 |
| Revenue | $136,357 | $29,505 | $45,864 |
| Expenses | $69,163 | $97,679 | $52,271 |
| Qualifying Distributions | $55,000 | $82,500 | $38,000 |
| Net Investment Income | $52,916 | $48,072 | $45,759 |
| Distributable Amount | $53,750 | $52,126 | $54,005 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Concerned Citizens ($17,600), City of Jacksboro ($15,600), Gladys Johnson Ritchie Library ($15,600).
| Recipient | Purpose | Amount |
|---|---|---|
| CITY OF JACKSBORO JACKSBORO, TX | CITY OPERATIONS | $15,600 |
| GLADYS JOHNSON RITCHIE LIBRARY JACKSBORO, TX | LIBRARY OPERATIONS | $15,600 |
| CONCERNED CITIZENS JACKSBORO, TX | SENIOR CITIZENS MEALS | $17,600 |
| JACK COUNTY MUSEUM JACKSBORO, TX | MUSEUM OPERATIONS | $1,000 |
| JACK COUNTY RURAL FIRE DEPT JACKSBORO, TX | DEPARTMENT OPERATIONS | $4,500 |
| RATHGEBER HOSPITALITY HOUSE WICHITA FALLS, TX | OPERATIONS | $700 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANNY SCARBROUGH | TRUSTEE | — | $6,000 |
| JOHNNIE L DRYDEN | TRUSTEE | — | $6,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gladys Johnson Ritchie?
Gladys Johnson Ritchie is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSBORO, TX. It holds $1.1M in total assets as of 2024.
How large is Gladys Johnson Ritchie?
As of 2024, Gladys Johnson Ritchie holds $1.1M in total assets with $136K in annual revenue. It awarded 6 grants totaling $55K in 2024.
Where does Gladys Johnson Ritchie operate?
Gladys Johnson Ritchie has awarded grants in Texas.
What size grants does Gladys Johnson Ritchie award?
In 2024, Gladys Johnson Ritchie awarded 6 grants totaling $55K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Gladys Johnson Ritchie required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gladys Johnson Ritchie reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gladys Johnson Ritchie's EIN?
Gladys Johnson Ritchie's EIN (Employer Identification Number) is 75-6658985. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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