Rich Family Foundation
The Rich Family Foundation is a private foundation based in Buffalo, New York, designated as a 501(c)(3) organization. The foundation focuses on philanthropic grantmaking across education, human services, and community development.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.7M
+20.6% YoY
Annual Giving
$2.3M
-1.0% YoY
Grant Count
120
+0.8% YoY
Avg Grant Size
$19K
-1.8% YoY
Under IRS private-foundation payout rules, Rich Family Foundation reported a distributable amount of $646K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts and creative fields
- Historic preservation
- Journalism
Grantmaking
In-kind donation requests from Rich Products are reviewed individually based on product availability and intended use (such as youth sports and community benefits). In-kind donations cannot be guaranteed.
Grant Range
$10,000
How to Apply
Rolling basis with quarterly reviews
Ready to take the next step with Rich Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation funds primarily in New York, California, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $12,699,989
- Total Annual Giving: $2,261,199
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,699,989 | $10,526,631 | $8,765,491 |
| Revenue | $4,514,277 | $4,181,953 | $4,210,109 |
| Expenses | $2,340,919 | $2,420,813 | $2,193,003 |
| Qualifying Distributions | $2,298,559 | $2,307,439 | $2,057,922 |
| Net Investment Income | $516,370 | $358,076 | $316,689 |
| Distributable Amount | $645,527 | $478,146 | $407,196 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation for Greater Buffalo ($200,000), Buffalo AKG Art Museum ($180,000), Cleveland Clinic Foundation ($173,200).
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Buffalo & Erie County Buffalo, NY | General Donation | $60,500 |
| WNY United Against Drug & Alcohol Abuse Inc Orchard Park, NY | General Donation | $36,000 |
| Baptist Health South Florida Foundation Tavernier, FL | Corporate Sponsorship | $6,000 |
| 716 Squash Buffalo, NY | General Donation | $150 |
| Community Foundation for Greater Buffalo Buffalo, NY | Annual Donation | $200,000 |
| PUNT Pediatric Cancer Collaborative Buffalo, NY | General Donation | $6,000 |
| Fifth Avenue Presbyterian Church New York, NY | General Donation | $100,000 |
| ECMC Foundation Buffalo, NY | Corporate Sponsorship | $25,000 |
| Frank Lloyd Wright's Martin House Buffalo, NY | General Donation | $50,000 |
| Frozen Food Industry Memorial Scholarship Foundati Harrisburg, PA | General Donation | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT E RICH JR | CHAIRMAN | — | — |
| MELINDA RICH | PRESIDENT | — | — |
| JOSEPH W SEGARRA | TREASURER | — | — |
Recent News & Activity
Recent developments and announcements
Announced a $1 million grant to FeedMore WNY (March 2024)
Rich Family Foundation announces $1M grant to FeedMore WNYAwarded $1 million grant to Say Yes Buffalo to support college dreams of high school scholars
Rich Family Foundation Funds the College Dreams of ...Provided grants of $190,000 to Read to Succeed Buffalo in partnership with the John R. Oishei Foundation
How the Wilson Foundation is shaking up Buffalo's ...Frequently Asked Questions
What does Rich Family Foundation fund?
The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Arts and creative fields • Historic preservation • Journalism
How do I apply for a grant from Rich Family Foundation?
**Grant Characteristics:** • Minimum grant size: $10,000 • Typical award range: $100,000–$231,000 • Application process: Rolling basis with quarterly reviews • Decision timeline: 3–6 months for Rich Family Foundation grants; 3–5 business days for Better Our Community grants • Applicants must submit a preliminary application first • Grant applications must be received 60–90 days prior to the date funds are needed • Applicants are notified of funding decisions via email through a grant portal **I…
Where does Rich Family Foundation make grants?
The foundation funds primarily in New York, California, and Virginia.
What size grants does Rich Family Foundation award?
In 2024, Rich Family Foundation awarded 120 grants totaling $2.3M — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Rich Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rich Family Foundation reported a distributable amount of $646K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rich Family Foundation's EIN?
Rich Family Foundation's EIN (Employer Identification Number) is 16-6026199. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rich Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Rich Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Rich Family Foundation to a real strategy.