Mar C Richards Char Found Inc
Mar C Richards Char Found Inc is a private foundation based in Indianapolis, Indiana. In 2025, it reported making 20 grants totaling $243,500 to charitable organizations, including organizations in Indiana and other states.
Mar C Richards Char Found Inc at a glance
In short: Mar C Richards Char Found Inc gave $244K across 20 grants in 2025 (avg $12K), mostly in Indiana. 30% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $243,500
- -9.6% vs 2024
- Grants made (2025)
- 20
- +17.6% vs 2024
- Average grant
- $12,175
- -23.2% vs 2024
- Median grant
- $9,000
- Total assets
- $993,815
- -19.0% vs 2024
- New grantees (estimate)
- 30% first-time grantees (6 of 20, 2025; small sample)
- Primary geography
- Indiana (70% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mar C Richards Char Found Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 7643 William Penn Place, Indianapolis, IN 46256
Phone: (317) 841-7643
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mar C Richards Char Found Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Marion County Fire Chief ($30K). Together the top 10 received $202K.
Grant Size Distribution
80 grants across all recorded years
The most common grant size was under $50K: 79 grants of 80 (99%).
Geographic Focus
Where this funder awards grants
In 2025, 70% of grant dollars went to recipients in Indiana, 15% to Florida, 10% to New York, 3% to North Carolina, and 1% to South Carolina.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
Cities
Is Mar C Richards Char Found Inc open to new grantees?
30%
first-time grantees, 2025
In 2025, 6 of 20 grantees (30%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $4K; repeat grants $16K. How we count
Medians: $4K first-time, $15K repeat.
- 60% of 2025 grantees were also funded in 2024. Method
- Giving grew 92% from 2022 to 2025. Method
- In 2025 it paid out 498% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2020 to 2025, annual grant giving ranged from $90K (2021) to $270K (2024). In 2025 it made 20 grants totaling $244K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Marion County Fire Chief Indianapolis, IN | To Fund Operations | $30,000 |
| Geist Christian Church Indianapolis, IN | To Fund Operations | $27,000 |
| Assistance League of Indianapolis Indianapolis, IN | To Fund Operations | $25,000 |
| National Kidney Fdn of Indiana Indianapolis, IN | To Fund Operations | $25,000 |
| Tunnel to Towers Fdn Staten Island, NY | To Fund Operations | $25,000 |
| Hvaf of Indiana Inc Indianapolis, IN | To Fund Operations | $20,000 |
| Paws Assistance Inc Naples, FL | To Fund Operations | $20,000 |
| CEO Southwest Florida Fort Myers, FL | To Fund Operations | $10,000 |
| OSD Indiana Indianapolis, IN | To Fund Operations | $10,000 |
| Sheltering Wings Indianapolis, IN | To Fund Operations | $10,000 |
Ready to take the next step with Mar C Richards Char Found Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $993,815 | $81,096 | $314,206 | $243,500 | 20 | $310,216 | $77,106 | $62,280 |
| 2024 | $1,227,340 | $143,597 | $346,411 | $269,500 | 17 | $289,649 | $41,783 | $69,202 |
| 2023 | $1,430,999 | $65,990 | $185,189 | $135,500 | 18 | $168,425 | $49,226 | $72,271 |
| 2022 | $1,551,155 | $84,476 | $179,651 | $126,500 | 13 | $161,074 | $65,899 | $80,864 |
| 2021 | $1,649,177 | $235,597 | $145,021 | $89,510 | 12 | $122,110 | $212,686 | $92,043 |
| 2020 | $1,559,526 | $52,847 | $162,436 | $109,020 | 21 | — | $33,775 | $82,167 |
Under IRS private-foundation payout rules, Mar C Richards Char Found Inc reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose stated work spans community programs, housing and services for veterans, aid to people in need, and support for homeless youth. For example, Assistance League of Indianapolis says its volunteers transform the lives of children and adults through community programs; HVAF of Indiana says it provides housing and reintegration services to veterans experiencing homelessness and works to prevent at-risk veterans from becoming homeless.
Grantmaking
In 2025, the foundation gave $243,500 through 20 grants. Grants ranged from $1,000 to $30,000, with a median grant of $9,000. Notable grants included $30,000 to Marion County Fire Chief, $27,000 to Geist Christian Church, $25,000 each to Assistance League of Indianapolis, National Kidney Fdn of Indiana, and Tunnel to Towers Fdn, and $20,000 each to HVAF of Indiana and Paws Assistance Inc. The listed grant purposes were to fund operations. Other reported 2025 grants included $7,500 to Samaritan’s Purse and $1,000 to Outreach Inc.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Margaret C Russell as president and treasurer; Mary K Schnitz and Pam Smith as board members; and Marjorie Wilkerson as executive director and secretary.
Mar C Richards Char Found Inc is led by Marjorie Wilkerson, Executive Director & Secretary on every filing since 2020; 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Marjorie Wilkerson
Executive Director & Secretary
On filings since 2020
30 hrs/week
$26K (2021) → $50K (2025)
Margaret C. Russell
President & Treasurer
President → President & Treasurer, 2021
On filings since 2020
8 hrs/week
No compensation reported
Mary K. Schnitz
Board Member
On filings since 2020
1 hr/week
No compensation reported
Pam Smith
Board Member
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Stephen L. Russell (2020–2024) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $50K, to Marjorie Wilkerson (Exec DIR & Secy).
Frequently asked questions about Mar C Richards Char Found Inc
How much does Mar C Richards Char Found Inc give each year?
Mar C Richards Char Found Inc gave $244K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $270K across 17 grants.
What is Mar C Richards Char Found Inc's typical grant size?
Mar C Richards Char Found Inc's median grant in 2025 was $9,000, and its average grant was $12,175, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Mar C Richards Char Found Inc that year got $4K on average.
Where does Mar C Richards Char Found Inc give grants?
Mar C Richards Char Found Inc gives mostly in Indiana: 70% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (15%) and New York (10%). The most frequent recipient cities were Indianapolis, IN (12 grants).
Does Mar C Richards Char Found Inc give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on Mar C Richards Char Found Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Fund Operations" (20 grants).
Who are Mar C Richards Char Found Inc's largest grantees?
Mar C Richards Char Found Inc's largest 2025 grantees include Marion County Fire Chief ($30,000), Geist Christian Church ($27,000) and Assistance League of Indianapolis ($25,000), according to its 2025 IRS Form 990-PF. Together they received 34% of its itemized 2025 grant dollars.
How large is Mar C Richards Char Found Inc?
Mar C Richards Char Found Inc reported $994K in total assets on its 2025 IRS Form 990-PF. It paid out $310K in qualifying distributions that year, against a required minimum of $62K (roughly 5% of its investment assets).
What does Mar C Richards Char Found Inc fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose stated work spans community programs, housing and services for veterans, aid to people in need, and support for homeless youth. See mission & focus areas ↑
How do I apply for a grant from Mar C Richards Char Found Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Mar C Richards Char Found Inc's EIN?
Mar C Richards Char Found Inc's EIN (Employer Identification Number) is 35-2063157. IRS Form 990 filing data is available on this page for 2020–2025.
Does Mar C Richards Char Found Inc 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 27, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Mar C Richards Char Found Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Mar C Richards Char Found Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Mar C Richards Char Found Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/mar-c-richards-char-found-inc-morg_7ff11c477fc444b08e067dae58bb05d2
BibTeX
@misc{grantable_352063157_2026,
author = {{Grantable}},
title = {{Mar C Richards Char Found Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mar-c-richards-char-found-inc-morg_7ff11c477fc444b08e067dae58bb05d2},
note = {Accessed 2026-10-17. 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 Mar C Richards Char Found 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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