Marvin W Richter Charitable Trust
Marvin W Richter Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in QUINCY, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $252K in total assets. In 2024, it awarded 12 grants totaling $46K. Net investment income was $30K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$252K
-6.3% YoY
Annual Giving
$46K
+37.3% YoY
Grant Count
12
+20.0% YoY
Avg Grant Size
$4K
+14.4% YoY
Under IRS private-foundation payout rules, Marvin W Richter Charitable Trust reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About Marvin W Richter Charitable Trust
Based on IRS filings
Marvin W Richter Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in QUINCY, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $252K in total assets. In 2024, it awarded 12 grants totaling $46K. Net investment income was $30K.
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 | $251,808 | $268,700 | $292,975 |
| Revenue | $30,510 | $10,794 | $24,249 |
| Expenses | $47,402 | $35,069 | $43,621 |
| Qualifying Distributions | $46,312 | $33,807 | $42,321 |
| Net Investment Income | $29,572 | $9,871 | $23,287 |
| Distributable Amount | $14,915 | $15,093 | $16,873 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include John Wood Community College ($15,000), St Norbert Catholic Church ($5,000), Pleasant Hill United Methodist Chur ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CALHOUN COUNTY HISTORICAL SOCIETY HARDIN, IL | CHARITABLE - OPERATING | $2,000 |
| JOHN WOOD COMMUNITY COLLEGE QUINCY, IL | EDUCATIONAL-STUDENT SUPPORT | $15,000 |
| MISSISSIPPI VALLEY CHRISTIAN SERV PITTSFIELD, IL | EDUCATIONAL- OPERATING | $2,000 |
| PIKE COUNTY IL CRIME STOPPERS PITTSFIELD, IL | CHARITIABLE - OPERATING | $500 |
| PITTSFIELD FIRE DEPARTMENT PITTSFIELD, IL | CHARITABLE - OPERATING | $2,500 |
| PLEASANT HILL IL FIRE DEPARTMENT PLEASANT HILL, IL | CHARITABLE - OPERATING | $2,000 |
| SHRINERS HOSPITAL TAMPA, FL | CHARITABLE - OPERATING | $2,500 |
| ST NORBERT CATHOLIC CHURCH HARDIN, IL | RELIGIOUS - OPERATING | $5,000 |
| VILLAGE OF HULL IL HULL, IL | CHARITABLE - OPERATING | $2,000 |
| VILLAGE OF KAMPSVILLE IL KAMPSVILLE, IL | CHARITABLE - OPERATING | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DELFORD M RICHTER | CO-TRUSTEE | — | — |
| JAMES A RAPP | CO-TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marvin W Richter Charitable Trust?
Marvin W Richter Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in QUINCY, IL. It holds $252K in total assets as of 2024.
How large is Marvin W Richter Charitable Trust?
As of 2024, Marvin W Richter Charitable Trust holds $252K in total assets with $31K in annual revenue. It awarded 12 grants totaling $46K in 2024.
Where does Marvin W Richter Charitable Trust operate?
Marvin W Richter Charitable Trust has awarded grants in Florida, Illinois.
What size grants does Marvin W Richter Charitable Trust award?
In 2024, Marvin W Richter Charitable Trust awarded 12 grants totaling $46K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Marvin W Richter Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marvin W Richter Charitable Trust reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marvin W Richter Charitable Trust's EIN?
Marvin W Richter Charitable Trust's EIN (Employer Identification Number) is 37-1361011. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Marvin W Richter Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.