Richard J Conviser Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $400K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$400K
-2.5% YoY
Annual Giving
$50K
-50.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$50K
-50.0% YoY
Under IRS private-foundation payout rules, Richard J Conviser Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard J Conviser Foundation
Based on IRS filings
Richard J Conviser Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $400K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $40K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $400,311 | $410,671 | $502,693 |
| Revenue | $44,042 | $27,451 | $6,139 |
| Expenses | $54,402 | $119,473 | $69,735 |
| Qualifying Distributions | $50,025 | $107,575 | $54,150 |
| Net Investment Income | $39,640 | $15,528 | — |
| Distributable Amount | $21,833 | $25,074 | $29,428 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Emery ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EMERY ATLANTA, GA | UNRESTRICTED | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD J CONVISER | PRESIDENT/TREASURER | 2 | — |
| RICHARD M HORWOOD | SECRETARY | 2 | — |
| MELANIE CONVISER | DIRECTOR | 2 | — |
| RICHARD FRANKLIN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard J Conviser Foundation?
Richard J Conviser Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $400K in total assets as of 2024.
How large is Richard J Conviser Foundation?
As of 2024, Richard J Conviser Foundation holds $400K in total assets with $44K in annual revenue. It awarded 1 grants totaling $50K in 2024.
Where does Richard J Conviser Foundation operate?
Richard J Conviser Foundation has awarded grants in Georgia, Illinois.
What size grants does Richard J Conviser Foundation award?
In 2024, Richard J Conviser Foundation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Richard J Conviser Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard J Conviser Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard J Conviser Foundation's EIN?
Richard J Conviser Foundation's EIN (Employer Identification Number) is 32-0396545. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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