Richard Eckerd Foundation Inc

ASHEVILLE, NC EIN: 59-2947263

Richard Eckerd Foundation Inc is a private foundation, based in ASHEVILLE, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 1 grants totaling $234K. Net investment income was $107K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.1M

-4.6% YoY

Annual Giving

$234K

-13.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$234K

-13.3% YoY

Under IRS private-foundation payout rules, Richard Eckerd Foundation Inc reported a distributable amount of $237K for 2024 — the minimum it must pay out in qualifying distributions.

About Richard Eckerd Foundation Inc

Based on IRS filings

Richard Eckerd Foundation Inc is a private foundation, based in ASHEVILLE, NC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 1 grants totaling $234K. Net investment income was $107K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

See Attached Schedule

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$150K$300K$450K$599K2021202220232024
Metric202420232022
Total Assets$3,131,806$3,283,966$3,412,505
Revenue$105,789$171,659$390,071
Expenses$257,949$300,198$260,724
Qualifying Distributions$234,000$270,000$237,000
Net Investment Income$107,405$116,158$156,405
Distributable Amount$237,076$231,589$267,000

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$135K$203K$270K1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED SCHEDULE$234K

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Schedule ($234,000).

RecipientPurposeAmount
SEE ATTACHED SCHEDULE SEE ATTACHED SCHEDULE, NCUNRESTRICTED$234,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
K RICHARD ECKERDPRESIDENT
BRIDGET ECKERDDIRECTOR
ROBERT H HAGGARDDIRECTOR

Frequently Asked Questions

How large is Richard Eckerd Foundation Inc?

As of 2024, Richard Eckerd Foundation Inc holds $3.1M in total assets with $106K in annual revenue. It awarded 1 grants totaling $234K in 2024.

Where does Richard Eckerd Foundation Inc operate?

Richard Eckerd Foundation Inc has awarded grants in North Carolina.

What size grants does Richard Eckerd Foundation Inc award?

In 2024, Richard Eckerd Foundation Inc awarded 1 grants totaling $234K — an average of about $234K per grant, based on its IRS Form 990 filings.

How much is Richard Eckerd Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard Eckerd Foundation Inc reported a distributable amount of $237K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard Eckerd Foundation Inc's EIN?

Richard Eckerd Foundation Inc's EIN (Employer Identification Number) is 59-2947263. IRS Form 990 filing data is available on this page for 2021–2024.

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

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