Richard a Barone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNDHURST, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 8 grants totaling $123K. Net investment income was $321K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+19.6% YoY
Annual Giving
$123K
+20.2% YoY
Grant Count
8
+14.3% YoY
Avg Grant Size
$15K
+5.1% YoY
Under IRS private-foundation payout rules, Richard a Barone Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard a Barone Foundation
Based on IRS filings
Richard a Barone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNDHURST, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 8 grants totaling $123K. Net investment income was $321K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,888,903 | $1,578,779 | $1,579,967 |
| Revenue | $488,366 | $207,366 | $422,185 |
| Expenses | $178,242 | $208,554 | $202,943 |
| Qualifying Distributions | $123,400 | $102,700 | $146,733 |
| Net Investment Income | $321,080 | $99,034 | $322,022 |
| Distributable Amount | $52,034 | $46,403 | $31,926 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Museum of Amer Porcelain Art ($70,000), Best Buddies in Ohio ($25,000), Gilmour Academy ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MUSEUM OF AMER PORCELAIN ART SOUTH EUCLID, OH | CHARITABLE CONTRIBUTION | $70,000 |
| BEST BUDDIES IN OHIO WESTLAKE, OH | CHARITABLE CONTRIBUTION | $25,000 |
| GILMOUR ACADEMY GATES MILLS, OH | ANNUAL FUND | $15,000 |
| PATRON OF THE ARTS CLEVELAND, OH | CHARITABLE CONTRIBUTION | $600 |
| ST RAPHAEL SCHOOL BAY VILLAGE, OH | SCHOLARSHIPS | $5,000 |
| ARCH EAGLE FOUNDATION LYNDHURST, OH | CHARITABLE CONTRIBUTION | $2,000 |
| MAGNIFICAT SCHOOL ROCKY RIVER, OH | SCHOLARSHIPS | $800 |
| EDNA HOUSE CLEVELAND, OH | CHARITABLE CONTRIBUTION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD A BARONE | CHAIRMAN | 1 | — |
| SUSAN C JOHNSON | SECRETARY | 0.5 | — |
| ANTHONY WILLIAMS | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard a Barone Foundation?
Richard a Barone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNDHURST, OH. It holds $1.9M in total assets as of 2024.
How large is Richard a Barone Foundation?
As of 2024, Richard a Barone Foundation holds $1.9M in total assets with $488K in annual revenue. It awarded 8 grants totaling $123K in 2024.
Where does Richard a Barone Foundation operate?
Richard a Barone Foundation has awarded grants in Massachusetts, Ohio.
What size grants does Richard a Barone Foundation award?
In 2024, Richard a Barone Foundation awarded 8 grants totaling $123K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Richard a Barone Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard a Barone Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard a Barone Foundation's EIN?
Richard a Barone Foundation's EIN (Employer Identification Number) is 80-0306290. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richard a Barone Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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