Lloyd A Richardson Foundation Inc

Grantmaker Salisbury, MD EIN: 52-6054610

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 Lloyd A Richardson Scholarship: $138KThe Lloyd A RichardsonScholarship$138KVillage of Hope: $1KVillage of Hope$1KDiakonia: $1KDiakonia$1K

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

8<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 11 (73%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

SalisburyOcean City

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

$0$50K$100K$150K1 grant2020 1 grant2021 3 grants2022 3 grants2023 3 grants2024

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

RecipientPurposeAmount
The Lloyd A Richardson Scholarship Salisbury, MDEducational-Used for scholarships$138,210
Village of Hope Salisbury, MDHomeless Support$1,000
Diakonia Ocean City, MDHomeless Support$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$1,327,621$37,061$167,590$140,2103—$80,449
2023$1,371,508$39,629$129,727$106,7503$106,750$16,652
2022$1,479,930$34,660$93,765$71,0003—$20,816
2021$1,553,294$34,748$53,815$28,0001—$133,971
2020$1,447,323$30,650$43,895$25,0001—$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

R Furman Richardson — President: $5KR Furman RichardsonPresident$5KJill Richardson Paquette — Vice President: $5KJill Richardson PaquetteVice President$5K

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

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lloyd A Richardson Foundation Inc'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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