Rich Foundation Inc
Rich Foundation Inc is a private foundation based in Stamford, Connecticut, designated as a 501(c)(3) organization. The foundation has been tax-exempt since October 1984. It operates as a private foundation under section 509(A) of the Internal Revenue Code and is designed primarily for the benefit of residents and charitable organizations in lower Fairfield County.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$783K
-11.4% YoY
Annual Giving
$129K
+22.2% YoY
Grant Count
37
+15.6% YoY
Avg Grant Size
$3K
+5.7% YoY
Mission & Focus Areas
The Rich Foundation supports charitable organizations involved in the arts, education, healthcare, and social services. The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.
Grantmaking
The foundation has made over $7,500,000 in grants since its inception to Stamford, Connecticut area non-profit organizations.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in lower Fairfield County, Connecticut, with recent grants also extending to Palm Beach County, Florida. Grant-making focuses on Connecticut, New York, and Massachusetts.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2025):
- Total Assets: $783,349
- Total Revenues: $72,006
- Total Expenses: $172,429
- Total Giving: $128,878
Historical Data (2023):
- Total Assets: $998,000
- Total Liabilities: $2,500
- Revenue: $232,074
- Expenses: $124,000
Staffing: The foundation operates with 0 employees.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $783,349 | $883,772 | $998,113 |
| Revenue | $72,006 | $32,534 | $232,074 |
| Expenses | $172,429 | $146,875 | $124,021 |
| Qualifying Distributions | $128,878 | $105,450 | $82,092 |
| Net Investment Income | $72,006 | $31,159 | $22,029 |
| Distributable Amount | $1,875 | $2,443 | $2,570 |
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 2025
Grant Size Distribution
149 grants across all recorded years
Open Grants
1 open opportunity from Rich Foundation Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Contact for inquiries: cfraccola@fdrich.com
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS L RICH | PRESIDENT | 0.5 | — |
| FRANK D RICH III | VICE PRESIDENT | 0.5 | — |
| COLLEEN FRACCOLA | TREASURER/SECRETARY | 0.5 | — |
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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