H Smith Richardson Charitable Trust

GREENSBORO, NC EIN: 23-7245123

H Smith Richardson Charitable Trust is a private foundation, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68.2M in total assets. In 2024, it awarded 5 grants totaling $2.7M. Net investment income was $4.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$68.2M

+2.0% YoY

Annual Giving

$2.7M

+34.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$534K

+34.5% YoY

Under IRS private-foundation payout rules, H Smith Richardson Charitable Trust reported a distributable amount of $3.2M for 2024 — the minimum it must pay out in qualifying distributions.

About H Smith Richardson Charitable Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $12.6M (99%)

Pennsylvania $50K (0%)

Connecticut $35K (0%)

New Jersey $15K (0%)

States

Connecticut North Carolina New Jersey Pennsylvania

Cities

EastonGreensboroSea Isle CityWestonWestpoint

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$68,165,106	$66,823,674	$62,685,495
Revenue	$5,725,289	$6,703,742	$-7,558,409
Expenses	$4,358,932	$2,676,257	$3,787,124
Qualifying Distributions	$3,344,725	$2,662,130	$3,770,392
Net Investment Income	$4,498,327	$2,381,605	$1,070,144
Distributable Amount	$3,249,746	$3,119,012	$3,212,351

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

25 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Smith Richardson Foundation Inc ($2,652,000), Lafayette College ($10,000), Greens Farms Academy ($5,000).

Recipient	Purpose	Amount
SMITH RICHARDSON FOUNDATION INC GREENSBORO, NC	FLOW THROUGH GRANT - FOR CHARITABLE, SCIENTIFIC, LITERARY, EDUCATIONAL PURPOSES OR RELIGIOUS NEEDS.	$2,652,000
LAFAYETTE COLLEGE EASTON, PA	GENERAL SUPPORT	$10,000
GREENS FARMS ACADEMY WESTON, CT	GENERAL SUPPORT	$5,000
SAILING FOUNDATION OF THE YACHT CLUB OF SEA ISLE CITY INC SEA ISLE CITY, NJ	GENERAL SUPPORT	$3,000
WESTON VOLUNTEER FIRE DEPARTMENT WESTON, CT	GENERAL SUPPORT	$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
C GERHARD ANDERSON III	TRUSTEE	1	—
JOHN P RICHARDSON JR	TRUSTEE	1	—
TYLER B RICHARDSON	TRUSTEE	1	—
NICOLAS L RICHARDSON	TRUSTEE	1	—

Frequently Asked Questions

How large is H Smith Richardson Charitable Trust?

As of 2024, H Smith Richardson Charitable Trust holds $68.2M in total assets with $5.7M in annual revenue. It awarded 5 grants totaling $2.7M in 2024.

Where does H Smith Richardson Charitable Trust operate?

H Smith Richardson Charitable Trust has awarded grants in Connecticut, North Carolina, New Jersey, Pennsylvania.

What size grants does H Smith Richardson Charitable Trust award?

In 2024, H Smith Richardson Charitable Trust awarded 5 grants totaling $2.7M — an average of about $534K per grant, based on its IRS Form 990 filings.

How much is H Smith Richardson Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, H Smith Richardson Charitable Trust reported a distributable amount of $3.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is H Smith Richardson Charitable Trust's EIN?

H Smith Richardson Charitable Trust's EIN (Employer Identification Number) is 23-7245123. IRS Form 990 filing data is available on this page for 2020–2024.