Grace Richardson Fund
Grace Richardson Fund is a private foundation, based in Greensboro, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 4 grants totaling $139K. Net investment income was $130K.
Grace Richardson Fund at a glance
In short: Grace Richardson Fund gave $139K across 4 grants in 2025 (avg $35K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $139,450
- +190.2% vs 2024
- Grants made (2025)
- 4
- +100.0% vs 2024
- Average grant
- $34,863
- +45.1% vs 2024
- Median grant
- $5,000
- Total assets
- $1,063,507
- -1.1% vs 2024
- Primary geography
- California (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Grace Richardson Fund funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Reason Foundation ($125K). Together the top 4 received $139K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 14 grants of 16 (88%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Grace Richardson Fund gives
- Giving grew 183% from 2022 to 2025. Method
- In 2025 it paid out 261% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $32K (2021) to $139K (2025). In 2025 it made 4 grants totaling $139K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Reason Foundation Los Angeles, CA | To assist organization in carrying out its exempt purpose. | $125,450 |
| New Civil Liberties Alliance Washington, DC | To assist organization in carrying out its exempt purpose. | $5,000 |
| Leadership Institute Arlington, VA | To assist organization in carrying out its exempt purpose. | $5,000 |
| Students for Liberty McLean, VA | To assist organization in carrying out its exempt purpose. | $4,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,063,507 | $116,395 | $183,492 | $139,450 | 4 | $177,592 | $129,633 | $68,114 |
| 2024 | $1,074,817 | $43,973 | $73,665 | $48,050 | 2 | $67,913 | $21,128 | $67,831 |
| 2023 | $1,140,590 | $39,461 | $102,491 | $62,000 | 3 | $94,983 | $13,028 | $64,031 |
| 2022 | $1,224,661 | $44,146 | $76,496 | $49,241 | 2 | $69,943 | $130,286 | $74,689 |
| 2021 | $1,144,242 | $43,666 | $52,974 | $32,000 | 5 | — | $19,319 | $74,491 |
Under IRS private-foundation payout rules, Grace Richardson Fund reported a distributable amount of $68K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Grace Richardson Fund is led by Roderic R. Richardson, Trustee on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Roderic R. Richardson
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Grace Richardson Fund
How much does Grace Richardson Fund give each year?
Grace Richardson Fund gave $139K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $48K across 2 grants.
What is Grace Richardson Fund's typical grant size?
Grace Richardson Fund's median grant in 2025 was $5,000, and its average grant was $34,863, across 4 grants on its 2025 IRS Form 990-PF.
Where does Grace Richardson Fund give grants?
Grace Richardson Fund gives mostly in California: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (6%).
How large is Grace Richardson Fund?
Grace Richardson Fund reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $178K in qualifying distributions that year, against a required minimum of $68K (roughly 5% of its investment assets).
What is Grace Richardson Fund's EIN?
Grace Richardson Fund's EIN (Employer Identification Number) is 56-6067849. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Browse active grant opportunities in Grace Richardson Fund's focus areas in our free grants database
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