Richard K and Betty M Speairs Charitable
Richard K and Betty M Speairs Charitable is a private foundation, 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 grant totaling $50K. Net investment income was $76K.
Richard K and Betty M Speairs Charitable at a glance
In short: Richard K and Betty M Speairs Charitable gave $50K across 1 grant in 2024 (avg $50K), mostly in Louisiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $50,000
- +25.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $50,000
- +25.0% vs 2023
- Median grant
- $50,000
- Total assets
- $1,090,024
- +5.1% vs 2023
- Primary geography
- Louisiana (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Richard K and Betty M Speairs Charitable funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Ouachita Mountains Biological Statn ($50K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Richard K and Betty M Speairs Charitable gives
- Giving grew 25% from 2021 to 2024. Method
- In 2024 it paid out 67% 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
From 2020 to 2024, annual grant giving ranged from $40K (2021) to $50K (2024). In 2024 it made 1 grant totaling $50K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ouachita Mountains Biological Statn Shreveport, LA | Biological Station Research and Educational Operat | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,090,024 | $115,886 | $62,974 | $50,000 | 1 | $51,577 | $76,354 | $76,684 |
| 2023 | $1,037,126 | $73,289 | $50,943 | $40,000 | 1 | $40,676 | $62,942 | $60,442 |
| 2022 | $1,014,947 | $24,541 | $63,436 | $50,000 | 1 | $52,698 | $13,803 | $62,299 |
| 2021 | $1,053,842 | $28,690 | $50,486 | $40,000 | 1 | $40,427 | $18,631 | $51,384 |
| 2020 | $1,075,638 | $73,856 | $48,630 | $40,957 | 1 | — | $66,183 | $50,618 |
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.
Leadership & Key People
Officers and directors from IRS filings
Richard K and Betty M Speairs Charitable is led by Victoria Lefevers, President since 2021 (on filings since 2020); none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Victoria Lefevers
President
Director → President, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
A. Bradley McPherson
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Larry R. Raymond
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Laurence M. Hardy
Director
President → Director, 2021
On filings since 2020
1 hr/week
No compensation reported
Amanda Lewis
Treasurer-Secretary
Treasurer → Treasurer-Secretary, 2023
On filings since 2020
1 hr/week
No compensation reported
Vivek Khare
Vice President
Secretary → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Richard K and Betty M Speairs Charitable
How much does Richard K and Betty M Speairs Charitable give each year?
Richard K and Betty M Speairs Charitable gave $50K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 1 grant.
How large is Richard K and Betty M Speairs Charitable?
Richard K and Betty M Speairs Charitable reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $52K in qualifying distributions that year, against a required minimum of $77K (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 K and Betty M Speairs Charitable operate?
Richard K and Betty M Speairs Charitable has awarded grants in Louisiana.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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