Lloyd A Richardson Foundation Inc
Lloyd A Richardson Foundation Inc is a nonprofit organization, based in Salisbury, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 3 grants totaling $140K. Net investment income was $80K.
Lloyd A Richardson Foundation Inc at a glance
In short: Lloyd A Richardson Foundation Inc gave $140K across 3 grants in 2024 (avg $47K), mostly in Maryland. Source: 2024 IRS Form 990 filing.
- Annual giving (2024)
- $140,210
- +31.3% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $46,737
- +31.3% vs 2023
- Median grant
- $1,000
- Total assets
- $1,327,621
- -3.2% vs 2023
- Primary geography
- Maryland (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990 filing, 2024 View filing
Data from IRS Form 990 filing, 2024; updated September 2026.
Who Lloyd A Richardson Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was The Lloyd A Richardson Scholarship ($138K). Together the top 3 received $140K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 8 grants of 11 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Lloyd A Richardson Foundation Inc gives
- Giving grew 401% from 2021 to 2024. 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 2020 to 2024, annual grant giving ranged from $25K (2020) to $140K (2024). In 2024 it made 3 grants totaling $140K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Lloyd A Richardson Scholarship Salisbury, MD | Educational-Used for scholarships | $138,210 |
| Village of Hope Salisbury, MD | Homeless Support | $1,000 |
| Diakonia Ocean City, MD | Homeless Support | $1,000 |
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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 |
|---|---|---|---|---|---|---|---|
| 2024 | $1,327,621 | $37,061 | $167,590 | $140,210 | 3 | — | $80,449 |
| 2023 | $1,371,508 | $39,629 | $129,727 | $106,750 | 3 | $106,750 | $16,652 |
| 2022 | $1,479,930 | $34,660 | $93,765 | $71,000 | 3 | — | $20,816 |
| 2021 | $1,553,294 | $34,748 | $53,815 | $28,000 | 1 | — | $133,971 |
| 2020 | $1,447,323 | $30,650 | $43,895 | $25,000 | 1 | — | $99,196 |
Leadership & Key People
Officers and directors from IRS filings
Lloyd A Richardson Foundation Inc is led by R Furman Richardson, President on every filing since 2020; 2 of 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
R Furman Richardson
President
On filings since 2020
5 hrs/week
$2K (2021) → $5K (2024)
Don E Richardson
Secretary & Treasurer
On filings since 2020
10 hrs/week
$2K (2021) → $0 (2024)
Jill Richardson Paquette
Vice President
On filings since 2020
5 hrs/week
$2K (2021) → $5K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $5K, to R Furman Richardson (President). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Lloyd A Richardson Foundation Inc
How much does Lloyd A Richardson Foundation Inc give each year?
Lloyd A Richardson Foundation Inc gave $140K across 3 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $107K across 3 grants.
What is Lloyd A Richardson Foundation Inc's typical grant size?
Lloyd A Richardson Foundation Inc's median grant in 2024 was $1,000, and its average grant was $46,737, across 3 grants on its 2024 IRS Form 990 filing.
Where does Lloyd A Richardson Foundation Inc give grants?
Lloyd A Richardson Foundation Inc gives mostly in Maryland: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Salisbury, MD (2 grants).
Does Lloyd A Richardson Foundation Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Lloyd A Richardson Foundation Inc's 2024 IRS Form 990 filing were described as general or operating support.
How large is Lloyd A Richardson Foundation Inc?
Lloyd A Richardson Foundation Inc reported $1.3M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $37K.
What is Lloyd A Richardson Foundation Inc's EIN?
Lloyd A Richardson Foundation Inc's EIN (Employer Identification Number) is 52-6054610. IRS Form 990 filing data is available on this page for 2020–2024.
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 2020–2024
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