Louise W and Luther W Richardson
Louise W and Luther W Richardson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 8 grants totaling $85K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-1.9% YoY
Annual Giving
$85K
+10.4% YoY
Grant Count
8
+166.7% YoY
Avg Grant Size
$11K
-58.6% YoY
About Louise W and Luther W Richardson
Based on IRS filings
Louise W and Luther W Richardson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 8 grants totaling $85K. Net investment income was $69K.
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 | $2,081,968 | $2,122,678 | $2,206,320 |
| Revenue | $68,686 | $16,240 | $2,259,104 |
| Expenses | $109,396 | $99,882 | $55,617 |
| Qualifying Distributions | $85,000 | $77,000 | $40,000 |
| Net Investment Income | $68,686 | $46,913 | $36,047 |
| Distributable Amount | $111,173 | $102,717 | $97,670 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LUTHER RICHARDSON III | TRUSTEE | 0.25 | — |
| LOUISE RICHARDSON MANZELLA | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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A Hays Zieman & Christine B Zieman
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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