Richard D Carmel Tua

Private foundation · Grantmaker Dallas, TX EIN: 04-6741222

Richard D Carmel Tua is a private foundation, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $822K in total assets. In 2025, it awarded 9 grants totaling $36K. Net investment income was $58K.

Key facts about Richard D Carmel Tua

In short: Richard D Carmel Tua gave $36K across 9 grants in 2025 (avg $4K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

EIN
04-6741222
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$35,684
Grants made (2025)
9
Average grant
$3,965
Median grant
$1,000
Total assets
$822,119
Primary geography
Massachusetts (94% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$822K

+2.9% YoY

Annual Giving

$36K

-9.6% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$4K

-9.6% YoY

Under IRS private-foundation payout rules, Richard D Carmel Tua reported a distributable amount of $46K for 2025 — the minimum it must pay out in qualifying distributions.

How Richard D Carmel Tua gives

  • Giving held roughly steady from 2022 to 2025 (−16%). Method
  • In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 9 itemized grants.

Cities

HuntingtonBostonNew YorkRussellWest Hartford

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K8 grants2021 9 grants2022 9 grants2023 9 grants2024 9 grants2025

From 2021 to 2025, annual grant giving ranged from $35K (2021) to $43K (2022). In 2025 it made 9 grants totaling $36K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Gateway Regional School: $18KGateway Regional School$18KTown of Huntington: $5KTown of Huntington$5KHoly Family Parish: $5KHoly Family Parish$5KBoston University Alumni Association: $3KBoston University AlumniAssociation$3KHuntington Evangelical Church: $1KHuntington Evangelical Church$1KSevenars Concerts Inc: $1KSevenars Concerts Inc$1KHuntington Public Library: $1KHuntington Public Library$1KHoly Family Passionist Retreat Ctr: $1KHoly Family Passionist RetreatCtr$1KHistorical Society of Huntington: $1KHistorical Society ofHuntington$1K

The largest 2025 recipient was Gateway Regional School ($18K). Together the top 9 received $36K.

Grant Size Distribution

44 grants across all recorded years

44<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 44 grants of 44 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Gateway Regional School Huntington, MAUnrestricted General$17,684
Town of Huntington Huntington, MAUnrestricted General$5,000
Holy Family Parish Russell, MAUnrestricted General$5,000
Boston University Alumni Association Boston, MAUnrestricted General$3,000
Huntington Evangelical Church Huntington, MAUnrestricted General$1,000
Sevenars Concerts Inc New York, NYUnrestricted General$1,000
Huntington Public Library Huntington, MAUnrestricted General$1,000
Holy Family Passionist Retreat Ctr West Hartford, CTUnrestricted General$1,000
Historical Society of Huntington Huntington, MAUnrestricted General$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$822,119$799,330$807,249
Revenue$68,414$26,521$-10,475
Expenses$51,410$54,402$56,811
Qualifying Distributions$41,552$45,000$44,759
Net Investment Income$57,909$15,467$9,309
Distributable Amount$46,197$44,218$41,765

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 27, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS December 21, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 31, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 23, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 31, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Richard D Carmel Tua's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $13K (2022) → $13K (2025)

Former officers (1)
  • Former: Bank Of America N A (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $13KBank of AmericaTrustee$13K

The highest reported compensation on the 2025 filing was $13K, to Bank of America (Trustee).

Frequently asked questions about Richard D Carmel Tua

How much does Richard D Carmel Tua give each year?

Richard D Carmel Tua gave $36K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $39K across 9 grants.

What is Richard D Carmel Tua's typical grant size?

Richard D Carmel Tua's median grant in 2025 was $1,000, and its average grant was $3,965, across 9 grants on its 2025 IRS Form 990-PF.

Where does Richard D Carmel Tua give grants?

Richard D Carmel Tua gives mostly in Massachusetts: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Huntington, MA (5 grants).

Does Richard D Carmel Tua give general operating support?

Yes: 100% of Richard D Carmel Tua's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Richard D Carmel Tua's largest grantees?

Richard D Carmel Tua's largest 2025 grantees include Gateway Regional School ($17,684), Town of Huntington ($5,000) and Holy Family Parish ($5,000), according to its 2025 IRS Form 990-PF. Together they received 78% of its itemized 2025 grant dollars.

How large is Richard D Carmel Tua?

Richard D Carmel Tua reported $822K in total assets on its 2025 IRS Form 990-PF. It paid out $42K in qualifying distributions that year, against a required minimum of $46K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Richard D Carmel Tua's EIN?

Richard D Carmel Tua's EIN (Employer Identification Number) is 04-6741222. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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