IMB Foundation DBA
IMB Foundation DBA is a private foundation based in Bethesda, Maryland. In its 2024 filing, it reported 15 grants totaling $378,025, all described as operational support.
IMB Foundation DBA at a glance
In short: IMB Foundation DBA gave $378K across 15 grants in 2024 (avg $25K), mostly in Maryland. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $378,025
- +156.2% vs 2023
- Grants made (2024)
- 15
- +25.0% vs 2023
- Average grant
- $25,202
- +105.0% vs 2023
- Median grant
- $10,000
- Total assets
- $2,119,733
- +508.2% vs 2023
- Primary geography
- Maryland (53% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to IMB Foundation DBA
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Its filing lists Tarrus Richardson as the contact for how to apply.
- Contact
Application contact: Tarrus Richardson
Mailing address: 7201 Wisconsin Ave, Ste 440, Bethesda, MD 20814
Phone: (240) 507-1660
Email: kfichtner@imbpartners.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who IMB Foundation DBA funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Inspire Access Inc ($100K). Together the top 10 received $360K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 24 grants of 27 (89%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars were distributed among recipients in Maryland (53%), New York (18%), California (13%), Washington, DC (10%), and Oregon (3%). The listed grants also included recipients in New Jersey and Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
How IMB Foundation DBA gives
- 40% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 357% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $148K (2023) to $378K (2024). In 2024 it made 15 grants totaling $378K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Inspire Access Inc Potomac, MD | Operational Support | $100,000 |
| Reginald Lewis Museum Baltimore, MD | Operational Support | $100,000 |
| Council of Urban Professionals Inst New York, NY | Operational Support | $55,000 |
| Robert Tiogo Foundation Oakland, CA | Operational Support | $25,000 |
| June Bug Magic Moments Beverly Hills, CA | Operational Support | $25,000 |
| Black Economic Alliance Founation Washington, DC | Operational Support | $25,000 |
| Donors of Color Beaverton, OR | Operational Support | $10,325 |
| Apollo Theatre Foundation New York, NY | Operational Support | $10,000 |
| Girls Leadership Summit, NJ | Operational Support | $5,000 |
| Boysgirls Club Washington, DC | Operational Support | $5,000 |
Ready to take the next step with IMB Foundation DBA?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,119,733 | $2,202,921 | $420,525 | $378,025 | 15 | $378,025 | $2,921 | $105,963 |
| 2023 | $348,513 | — | $155,487 | $147,542 | 12 | $147,542 | — | — |
| 2022 | $500,000 | $500,000 | — | — | — | — | — | — |
Under IRS private-foundation payout rules, IMB Foundation DBA reported a distributable amount of $106K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a separate mission for the foundation. Its 2024 grants went to organizations including Inspire Access, which describes its mission as mobilizing philanthropic capital toward for-profit ventures supporting underrepresented founders and communities that have historically lacked access to capital, and Chilmark Town Affairs Council, which describes its mission as providing recreational, athletic, cultural, and creative activities in Chilmark, Massachusetts.
Grantmaking
In 2024, the foundation made 15 grants totaling $378,025. Grant amounts ranged from $2,500 to $100,000, with a median of $10,000. The listed grants were for operational support. The largest grants included:
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Tarrus Richardson as President and Kimberly Richardson as Vice Preside.
IMB Foundation DBA is led by Tarrus Richardson, President on every filing since 2022; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Tarrus Richardson
President
On filings since 2022
5 hrs/week
No compensation reported
Kimberly Richardson
Vice President
On filings since 2022
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 IMB Foundation DBA
How much does IMB Foundation DBA give each year?
IMB Foundation DBA gave $378K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $148K across 12 grants.
What is IMB Foundation DBA's typical grant size?
IMB Foundation DBA's median grant in 2024 was $10,000, and its average grant was $25,202, across 15 grants on its 2024 IRS Form 990-PF.
Where does IMB Foundation DBA give grants?
IMB Foundation DBA gives mostly in Maryland: 53% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (18%) and California (13%). The most frequent recipient cities were Washington, DC (4 grants) and New York, NY (3 grants).
Does IMB Foundation DBA give general operating support?
Yes: 100% of IMB Foundation DBA's 2024 grants with a stated purpose (15 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are IMB Foundation DBA's largest grantees?
IMB Foundation DBA's largest 2024 grantees include Inspire Access Inc ($100,000), Reginald Lewis Museum ($100,000) and Council of Urban Professionals Inst ($55,000), according to its 2024 IRS Form 990-PF. Together they received 67% of its itemized 2024 grant dollars.
How large is IMB Foundation DBA?
IMB Foundation DBA reported $2.1M in total assets on its 2024 IRS Form 990-PF. It paid out $378K in qualifying distributions that year, against a required minimum of $106K (roughly 5% of its investment assets).
What does IMB Foundation DBA fund?
The available information does not state a separate mission for the foundation. See mission & focus areas ↑
How do I apply for a grant from IMB Foundation DBA?
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is IMB Foundation DBA's EIN?
IMB Foundation DBA's EIN (Employer Identification Number) is 92-1218716. IRS Form 990 filing data is available on this page for 2022–2024.
Does IMB Foundation DBA 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Live grants for the work IMB Foundation DBA funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in IMB Foundation DBA's focus areas in our free grants database
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Cite this profile
Grantable. (2026). IMB Foundation DBA funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/imb-foundation-dba-morg_768fa2fd6a83416f9ef4d5ae6128d6b5
BibTeX
@misc{grantable_921218716_2026,
author = {{Grantable}},
title = {{IMB Foundation DBA funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/imb-foundation-dba-morg_768fa2fd6a83416f9ef4d5ae6128d6b5},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from IMB Foundation DBA's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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