Paul and Takako Richards Foundation
The Paul and Takako Richards Foundation is a private foundation based in New York, NY. Its 2025 filing states that it contributes to the performing arts and other recognized charities.
Paul and Takako Richards Foundation at a glance
In short: Paul and Takako Richards Foundation gave $41K across 60 grants in 2025 (avg $677.5), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $40,650
- +32.8% vs 2024
- Grants made (2025)
- 60
- -6.3% vs 2024
- Average grant
- $678
- +41.7% vs 2024
- Median grant
- $100
- Total assets
- $100,357
- -1.5% vs 2024
- Primary geography
- New York (68% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Paul and Takako Richards Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 20 West 64 Street 29E, New York, NY 10023
Phone: (646) 352-2001
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Paul and Takako Richards Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Joyce Theater ($5K). Together the top 10 received $34K.
Grant Size Distribution
186 grants across all recorded years
The most common grant size was under $50K: 186 grants of 186 (100%).
Geographic Focus
Where this funder awards grants
In 2025, New York recipients received 68% of grant dollars. Other leading recipient states were Pennsylvania (7%), Minnesota (6%), Massachusetts (5%), and New Mexico (4%).
Grant Distribution by State
Share of 2025 grant dollars across all 60 itemized grants.
States
Cities
How Paul and Takako Richards Foundation gives
- 72% of 2025 grantees were also funded in 2024. Method
- Giving grew 33% from 2022 to 2025. Method
- In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (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 2019 to 2025, annual grant giving ranged from $17K (2019) to $41K (2025). In 2025 it made 60 grants totaling $41K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Joyce Theater New York, NY | Working Capital | $5,000 |
| Jacob's Pillow Dance Festival New York, NY | Working Capital | $5,000 |
| The Physicians Foundation New York, NY | Working Capital | $4,000 |
| Metropolitan Museum of Art New York, NY | Working Capital | $4,000 |
| Buglisi Dance Theater (Treshold Dance Project Inc) New York, NY | Working Capital | $3,500 |
| Performance Garage Philadelphia, PA | Working Capital | $3,000 |
| Weill Cornell Medicine New York, NY | Working Capital | $3,000 |
| Mayo Clinic Albert Lea, MN | Working Capital | $2,500 |
| Portland Opera Repertory Theatre Portland, MA | Working Capital | $2,000 |
| Riverside Park Conservancy New York, NY | Working Capital | $1,500 |
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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 | $100,357 | $40,537 | $42,038 | $40,650 | 60 | $40,650 | $39,149 | $38,621 |
| 2024 | $101,859 | $31,658 | $31,756 | $30,600 | 64 | $30,600 | $27,902 | $34,170 |
| 2023 | $101,956 | $3,701 | $30,454 | $28,900 | 20 | $28,900 | $593 | $24,683 |
| 2022 | $128,707 | $36,827 | $31,519 | $30,475 | 27 | $30,475 | $32,637 | $25,545 |
| 2021 | $123,399 | $7,473 | $30,676 | $30,045 | 15 | $30,045 | $3,552 | $30,326 |
| 2020 | $146,602 | $14,258 | $20,615 | $20,000 | 10 | — | $13,036 | $23,588 |
| 2019 | $152,963 | $1,089 | $17,676 | $17,000 | 6 | — | $3,211 | $17,058 |
Under IRS private-foundation payout rules, Paul and Takako Richards Foundation reported a distributable amount of $39K 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
The foundation’s stated charitable activity is contributing to the performing arts and other recognized charities. Its 2025 grants included arts organizations, museums, medical institutions, and other charitable organizations.
Among its grantees, the Metropolitan Museum of Art says it collects, studies, conserves, and presents significant works of art across times and cultures. Performance Garage says it educates and trains people and presents programs that reach out to the dance community. Mayo Clinic describes its mission as contributing to health and well-being through patient care, education, and research.
Grantmaking
In 2025, the foundation reported 60 grants totaling $40,650. Grant amounts ranged from $50 to $5,000, with a median of $100. All listed grants were designated for working capital. Larger grants included $5,000 each to The Joyce Theater and Jacob’s Pillow Dance Festival; $4,000 each to The Physicians Foundation and the Metropolitan Museum of Art; and $3,500 to Buglisi Dance Theater (Threshold Dance Project Inc). Other grants included $3,000 each to Performance Garage and Weill Cornell Medicine, and $2,500 to Mayo Clinic.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Takakako A. Richards as president and Roger A. Borgmeier as treasurer.
Paul and Takako Richards Foundation is led by Takakako A. Richards, President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Takakako A. Richards
President
On filings since 2021
0.5 hrs/week
No compensation reported
Roger A. Borgmeier
Treasurer
On filings since 2021
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Takako A. Richards Pres (2020) — President
- Former: Takako A. Richards (2019) — President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Paul and Takako Richards Foundation
How much does Paul and Takako Richards Foundation give each year?
Paul and Takako Richards Foundation gave $41K across 60 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $31K across 64 grants.
What is Paul and Takako Richards Foundation's typical grant size?
Paul and Takako Richards Foundation's median grant in 2025 was $100, and its average grant was $678, across 60 grants on its 2025 IRS Form 990-PF.
Where does Paul and Takako Richards Foundation give grants?
Paul and Takako Richards Foundation gives mostly in New York: 68% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Pennsylvania (7%) and Minnesota (6%). The most frequent recipient cities were New York, NY (14 grants), Washington, DC (12 grants), Merrifield, VA (3 grants) and Topeka, KS (3 grants).
Does Paul and Takako Richards Foundation give general operating support?
Not in 2025: none of the 60 grants with a stated purpose on Paul and Takako Richards Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Working Capital" (60 grants).
Who are Paul and Takako Richards Foundation's largest grantees?
Paul and Takako Richards Foundation's largest 2025 grantees include The Joyce Theater ($5,000), Jacob's Pillow Dance Festival ($5,000) and The Physicians Foundation ($4,000), according to its 2025 IRS Form 990-PF. Together they received 34% of its itemized 2025 grant dollars.
How large is Paul and Takako Richards Foundation?
Paul and Takako Richards Foundation reported $100K in total assets on its 2025 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $39K (roughly 5% of its investment assets).
What does Paul and Takako Richards Foundation fund?
The foundation’s stated charitable activity is contributing to the performing arts and other recognized charities. Its 2025 grants included arts organizations, museums, medical institutions, and other charitable organizations. See mission & focus areas ↑
How do I apply for a grant from Paul and Takako Richards Foundation?
The foundation 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 Paul and Takako Richards Foundation's EIN?
Paul and Takako Richards Foundation's EIN (Employer Identification Number) is 13-3967587. IRS Form 990 filing data is available on this page for 2019–2025.
Does Paul and Takako Richards Foundation 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
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS March 30, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Paul and Takako Richards Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Paul and Takako Richards Foundation's focus areas in our free grants database
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Figures come from Paul and Takako Richards Foundation'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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