Richard K and Betty M Speairs Charitable

SHREVEPORT, LA EIN: 72-1390988

Richard K and Betty M Speairs Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHREVEPORT, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $76K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+5.1% YoY

Annual Giving

$50K

+25.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$50K

+25.0% YoY

Under IRS private-foundation payout rules, Richard K and Betty M Speairs Charitable reported a distributable amount of $77K for 2024 — the minimum it must pay out in qualifying distributions.

About Richard K and Betty M Speairs Charitable

Based on IRS filings

Richard K and Betty M Speairs Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHREVEPORT, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $76K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Shreveport

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$64K$96K$127K20202021202220232024
Metric202420232022
Total Assets$1,090,024$1,037,126$1,014,947
Revenue$115,886$73,289$24,541
Expenses$62,974$50,943$63,436
Qualifying Distributions$51,577$40,676$52,698
Net Investment Income$76,354$62,942$13,803
Distributable Amount$76,684$60,442$62,299

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

OUACHITA MOUNTAINS BIOLO…$50K

Grant Size Distribution

5 grants across all recorded years

3<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ouachita Mountains Biological Statn ($50,000).

RecipientPurposeAmount
OUACHITA MOUNTAINS BIOLOGICAL STATN Shreveport, LABIOLOGICAL STATION RESEARCH AND EDUCATIONAL OPERAT$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
LAURENCE M HARDYDIRECTOR1
AMANDA LEWISTREASURER-SECRETARY1
VIVEK KHAREVICE PRESIDENT1
LARRY R RAYMONDDIRECTOR0.5
A BRADLEY MCPHERSONDIRECTOR0.5
VICTORIA LEFEVERSPRESIDENT0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Richard K and Betty M Speairs Charitable?

Richard K and Betty M Speairs Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHREVEPORT, LA. It holds $1.1M in total assets as of 2024.

How large is Richard K and Betty M Speairs Charitable?

As of 2024, Richard K and Betty M Speairs Charitable holds $1.1M in total assets with $116K in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does Richard K and Betty M Speairs Charitable operate?

Richard K and Betty M Speairs Charitable has awarded grants in Louisiana.

What size grants does Richard K and Betty M Speairs Charitable award?

In 2024, Richard K and Betty M Speairs Charitable awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is Richard K and Betty M Speairs Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard K and Betty M Speairs Charitable reported a distributable amount of $77K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard K and Betty M Speairs Charitable's EIN?

Richard K and Betty M Speairs Charitable's EIN (Employer Identification Number) is 72-1390988. 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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