Richard and Ellen Richman Private Family
Richard and Ellen Richman Private Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21K in total assets. In 2024, it awarded 4 grants totaling $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21K
-68.0% YoY
Annual Giving
$40K
+8.8% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$10K
+36.1% YoY
Under IRS private-foundation payout rules, Richard and Ellen Richman Private Family reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard and Ellen Richman Private Family
Based on IRS filings
Richard and Ellen Richman Private Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21K in total assets. In 2024, it awarded 4 grants totaling $40K.
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 | $21,019 | $65,641 | $102,287 |
| Revenue | $5,450 | $5,200 | $5,216 |
| Expenses | $50,072 | $41,846 | $49,916 |
| Qualifying Distributions | $41,529 | $38,206 | $48,387 |
| Net Investment Income | — | $1,560 | $3,687 |
| Distributable Amount | $7,175 | $5,228 | $6,763 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fibrolamellar Cancer Foundation ($15,000), Nyu Stern School of Business ($10,000), Ronald Mcdonald House of Greater Hudson Valley ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COLUMBIA UNIVERSITY NEW YORK, NY | SUPPORT OPERATIONS | $5,000 |
| FIBROLAMELLAR CANCER FOUNDATION GREENWICH, CT | SUPPORT OPERATIONS | $15,000 |
| NYU STERN SCHOOL OF BUSINESS NEW YORK, NY | SUPPORT OPERATIONS | $10,000 |
| RONALD MCDONALD HOUSE OF GREATER HUDSON VALLEY VALHALLA, NY | TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD P RICHMAN | TRUSTEE | 1 | — |
| ELLEN S RICHMAN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard and Ellen Richman Private Family?
Richard and Ellen Richman Private Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENWICH, CT. It holds $21K in total assets as of 2024.
How large is Richard and Ellen Richman Private Family?
As of 2024, Richard and Ellen Richman Private Family holds $21K in total assets with $5K in annual revenue. It awarded 4 grants totaling $40K in 2024.
Where does Richard and Ellen Richman Private Family operate?
Richard and Ellen Richman Private Family has awarded grants in Connecticut, Michigan, New York.
What size grants does Richard and Ellen Richman Private Family award?
In 2024, Richard and Ellen Richman Private Family awarded 4 grants totaling $40K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Richard and Ellen Richman Private Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard and Ellen Richman Private Family reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard and Ellen Richman Private Family's EIN?
Richard and Ellen Richman Private Family's EIN (Employer Identification Number) is 26-6161542. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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