Jacob Marcel Richard Memorial Foundation
Jacob Marcel Richard Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWAY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 25 grants totaling $218K. Net investment income was $245K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+0.2% YoY
Annual Giving
$218K
+72.6% YoY
Grant Count
25
+38.9% YoY
Avg Grant Size
$9K
+24.3% YoY
Under IRS private-foundation payout rules, Jacob Marcel Richard Memorial Foundation reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.
About Jacob Marcel Richard Memorial Foundation
Based on IRS filings
Jacob Marcel Richard Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWAY, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 25 grants totaling $218K. Net investment income was $245K.
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 | $2,660,666 | $2,655,103 | $2,673,299 |
| Revenue | $271,584 | $151,424 | $91,553 |
| Expenses | $266,021 | $169,620 | $132,894 |
| Qualifying Distributions | $237,308 | $145,272 | $109,235 |
| Net Investment Income | $245,401 | $127,622 | $68,639 |
| Distributable Amount | $149,182 | $137,376 | $140,780 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
85 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include LSU Foundation ($25,000), St Laurence Catholic Church ($25,000), Brothers of the Sacred Heart ($23,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Roundtop Library Association Inc Roundtop, TX | Annual operations | $2,500 |
| Fellowship of Catholic University Students (FOCUS) Genesee, CO | Campus ministry | $10,000 |
| Travis County Brown Santa Austin, TX | Christmas gifts and food to families | $4,000 |
| CASA of Lafourche Inc Thibodaux, LA | Christmas gifts for CASA-supported families | $3,899 |
| LSU Foundation Baton Rouge, LA | College of Engineering scholarship | $25,000 |
| Nicholls State University Foundation Art Works Thibodaux, LA | Department of Art support | $1,000 |
| Nationality Ability Center Park City, UT | Disabled ski program | $2,500 |
| Annie Gros Thibodaux, LA | Family support for Hurricane Francine property damage | $2,500 |
| Jarrod Couteaux Thibodaux, LA | Family support for Hurricane Francine property damage | $2,500 |
| Lydia Morvant Thibodaux, LA | Family support for Hurricane Francine property damage | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rene Richard | President | 10 | $18,000 |
| Stephanie Richard | Secretary/Treasurer | 2 | — |
| Philip Richard | Vice-Presidednt | 1 | — |
| Audrey Richard | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jacob Marcel Richard Memorial Foundation?
Jacob Marcel Richard Memorial Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWAY, TX. It holds $2.7M in total assets as of 2024.
How large is Jacob Marcel Richard Memorial Foundation?
As of 2024, Jacob Marcel Richard Memorial Foundation holds $2.7M in total assets with $272K in annual revenue. It awarded 25 grants totaling $218K in 2024.
Where does Jacob Marcel Richard Memorial Foundation operate?
Jacob Marcel Richard Memorial Foundation has awarded grants in Colorado, Louisiana, Maryland, Minnesota, Oklahoma, Texas, Utah.
What size grants does Jacob Marcel Richard Memorial Foundation award?
In 2024, Jacob Marcel Richard Memorial Foundation awarded 25 grants totaling $218K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Jacob Marcel Richard Memorial Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jacob Marcel Richard Memorial Foundation reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jacob Marcel Richard Memorial Foundation's EIN?
Jacob Marcel Richard Memorial Foundation's EIN (Employer Identification Number) is 82-3598671. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jacob Marcel Richard Memorial Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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