Richard E Richardson Educational Opport

Private foundation · Grantmaker Richardson, TX EIN: 59-7274416

Richard E Richardson Educational Opport is a private foundation, based in Richardson, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 2 grants totaling $82K. Net investment income was $508K.

Richard E Richardson Educational Opport at a glance

In short: Richard E Richardson Educational Opport gave $82K across 2 grants in 2025 (avg $41K), mostly in Kansas. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$82,000
-18.0% vs 2024
Grants made (2025)
2
+0.0% vs 2024
Average grant
$41,000
-18.0% vs 2024
Median grant
$41,000
Total assets
$2,473,205
+21.3% vs 2024
Primary geography
Kansas (50% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Richard E Richardson Educational Opport funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Donnelly College: $41KDonnelly College$41KMetropolitan Community College: $41KMetropolitan Community College$41K

The largest 2025 recipient was Donnelly College ($41K). Together the top 2 received $82K.

Grant Size Distribution

10 grants across all recorded years

4<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 6 grants of 10 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

Kansas City

How Richard E Richardson Educational Opport gives

  • Giving held roughly steady from 2022 to 2025 (−18%). Method
  • In 2025 it paid out 83% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2021 to 2025, annual grant giving ranged from $82K (2025) to $110K (2023). In 2025 it made 2 grants totaling $82K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Donnelly College Kansas City, KSNon-College Degree Educational Scholarships$41,000
Metropolitan Community College Kansas City, MONon-College Degree Educational Scholarships$41,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,473,205$535,031$129,529$82,0002$99,536$507,575$119,270
2024$2,038,185$86,791$144,886$100,0002$121,855$51,494$115,975
2023$2,072,837$-44,603$161,664$110,0002$123,404$24,754$110,562
2022$2,258,891$463,338$142,448$100,0002$114,628$435,831$126,473
2021$2,188,444$164,780$127,572$90,0002—$142,134$121,022

Under IRS private-foundation payout rules, Richard E Richardson Educational Opport reported a distributable amount of $119K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Richard E Richardson Educational Opport's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $35K (2022) → $36K (2025)

  • American National Bank Of Texas

    Successor Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

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: $36KBank of AmericaTrustee$36K

The highest reported compensation on the 2025 filing was $36K, to Bank of America (Trustee).

Frequently asked questions about Richard E Richardson Educational Opport

How much does Richard E Richardson Educational Opport give each year?

Richard E Richardson Educational Opport gave $82K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 2 grants.

How large is Richard E Richardson Educational Opport?

Richard E Richardson Educational Opport reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $100K in qualifying distributions that year, against a required minimum of $119K (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.

Where does Richard E Richardson Educational Opport operate?

Richard E Richardson Educational Opport has awarded grants in Kansas, Missouri.

What is Richard E Richardson Educational Opport's EIN?

Richard E Richardson Educational Opport's EIN (Employer Identification Number) is 59-7274416. 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.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 20, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 30, 2022)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 1, 2023)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 25, 2024)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 13, 2026)
  6. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Richard E Richardson Educational Opport's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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