Martin W Richard Charitable Foundation Inc logo

Martin W Richard Charitable Foundation Inc

DORCHESTER, MA EIN: 35-2491896 Website

TO HONOR THE MEMORY OF MARTIN W. RICHARD'S MESSAGE OF "NO MORE HURTING PEOPLE" BY RAISING FUNDS TO INVEST IN EDUCATION, ATHLETICS AND COMMUNITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

-18.7% YoY

Annual Giving

$462K

-51.8% YoY

Grant Count

22

+4.8% YoY

Avg Grant Size

$21K

-54.0% YoY

About Martin W Richard Charitable Foundation Inc

Based on IRS filings

Martin W Richard Charitable Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DORCHESTER, MA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 22 grants totaling $462K. Net investment income was $313K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AttleboroBelmontBostonBridgewaterBrightonBrooklineDorchesterFoxboroFoxboroughJamaica PlainJamica PlainMattapanMedfieldMiami GardensNeedhamRoslindaleSalemTampaWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$566K$1M$2M$2M201920202021202220232024
Metric202420232022
Total Assets$2,331,677$2,869,172$2,724,200
Revenue$1,018,800$1,439,990$557,428
Expenses$1,018,946$1,483,123$1,900,430
Qualifying Distributions
Net Investment Income$312,523$125,178$88,600
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$371K$742K$1M$1M0 grants201921 grants202017 grants202130 grants202221 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MASS GENERAL BRIGHAM MCL…$100KLOUIS D BROWN PEACE INST…$50KBOYS AND GIRLS CLUB OF D…$43KYOUTH ENRICHMENT SERVICES$30KRODMAN RIDE FOR KIDS INC$27KJFK LIBRARY FOUNDATION$25KBOSTON UNCORNERED A SOLU…$25KDORCHESTER EDUCATION ENR…$25KZOO NEW ENGLAND$18KGREATER ASHMONT MAIN STR…$13K

Grant Size Distribution

111 grants across all recorded years

95<$50K6$50–100K5$100–250K5$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Martin W Richard Charitable Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mass General Brigham Mclean ($100,000), Louis D Brown Peace Institute ($50,000), Boys and Girls Club of Dorchester ($43,151).

RecipientPurposeAmount
BOYS AND GIRLS CLUB OF DORCHESTER DORCHESTER, MATO MAKE A POSITIVE IMPACT ON YOUTH AND THEIR FAMILIES WITHIN THE COMMUNITY.$43,151
HOPE AND COMFORT INC NEEDHAM, MAUNRESTRICTED$10,000
TRIANGLE INC-EPIC BOSTON, MATO PROVIDE SPORTS INSTRUCTION TO ADULTS AND YOUTH LIVING WITH PHYSICAL AND COGNITIVE DISABILITIES.$10,000
JFK LIBRARY FOUNDATION BOSTON, MATO PROVIDE FINANCIAL SUPPORT, STAFFING AND CREATIVE RESOURCES TO THE JFK PRESIDENTIAL LIBRARY AND MUSEUM.$25,000
YOUTH ENRICHMENT SERVICES BOSTON, MAUNRESTRICTED$30,000
LOUIS D BROWN PEACE INSTITUTE DORCHESTER, MAUNRESTRICTED$50,000
BOSTON UNCORNERED A SOLUTION BY COLLEGE BOUND DOR DORCHESTER, MAUNRESTRICTED$25,000
THE FISHING ACADEMY BRIGHTON, MAUNRESTRICTED$10,560
GREATER ASHMONT MAIN STREETS DORCHESTER, MAUNRESTRICTED$13,000
EDWARD M KENNEDY INSTITUTE BOSTON, MAUNRESTRICTED$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DENISE K RICHARDPRESIDENT
WILLIAM A RICHARDTREASURER
JOHN E HERNANDEZCLERK
BRENDAN MCDONOUGHDIRECTOR
ERIN G O'BRIENASSISTANT CLERK
VICKY SHENDIRECTOR
DOT JOYCEDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Martin W Richard Charitable Foundation Inc?

Martin W Richard Charitable Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DORCHESTER, MA. It holds $2.3M in total assets as of 2024.

How large is Martin W Richard Charitable Foundation Inc?

As of 2024, Martin W Richard Charitable Foundation Inc holds $2.3M in total assets with $1.0M in annual revenue. It awarded 22 grants totaling $462K in 2024.

Where does Martin W Richard Charitable Foundation Inc operate?

Martin W Richard Charitable Foundation Inc has awarded grants in Florida, Massachusetts, Maine, Missouri, Mississippi.

What size grants does Martin W Richard Charitable Foundation Inc award?

In 2024, Martin W Richard Charitable Foundation Inc awarded 22 grants totaling $462K — an average of about $21K per grant, based on its IRS Form 990 filings.

What is Martin W Richard Charitable Foundation Inc's EIN?

Martin W Richard Charitable Foundation Inc's EIN (Employer Identification Number) is 35-2491896. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Martin W Richard Charitable Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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