Richard Richardi Scholarship Trust

LAS VEGAS, NV EIN: 59-7062049

Richard Richardi Scholarship Trust is a private foundation focused on Education, based in LAS VEGAS, NV. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 38 grants totaling $90K. Net investment income was $102K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-3.7% YoY

Annual Giving

$90K

+9.1% YoY

Grant Count

38

-13.6% YoY

Avg Grant Size

$2K

+26.3% YoY

Under IRS private-foundation payout rules, Richard Richardi Scholarship Trust reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.

About Richard Richardi Scholarship Trust

Based on IRS filings

Richard Richardi Scholarship Trust is a private foundation focused on Education, based in LAS VEGAS, NV. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 38 grants totaling $90K. Net investment income was $102K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AlbanyAmherstBangorBostonBridgewaterChestnut HillClemsonColchesterConwayDartmouthDurhamEast WalpoleEast WapoleFairfieldFitchburgKeeneNewportNorth AndoverProvidenceRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$44K$88K$132K$176K2021202220232024
Metric202420232022
Total Assets$1,483,448$1,540,980$1,651,299
Revenue$102,171$37,929$160,138
Expenses$159,703$145,844$139,641
Qualifying Distributions$100,800$102,848$87,048
Net Investment Income$102,010$107,546
Distributable Amount$98,648$94,670$111,758

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$45K$68K$90K40 grants202128 grants202244 grants202338 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

KIMBERLY O'DONNELL$5KBRENDAN MAHONEY$4KKATERINA GEBHARDT$4KCAROLINE GEBHARDT$4KSARAH BALL$4KLISA JAIR$4KDANIELLE DENTREMONT$4KJULIA CONNELL$4KNICOLE KNOTH$3KAMY GORDON$3K

Grant Size Distribution

150 grants across all recorded years

150<$50K$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 Kimberly O'donnell ($5,000), Brendan Mahoney ($4,250), Katerina Gebhardt ($3,750).

RecipientPurposeAmount
HENRY MORRIS WALPOLE, MASCHOLARSHIP$1,000
SRIHAS DAMA WALPOLE, MASCHOLARSHIP$1,750
MIA COSTA WALPOLE, MASCHOLARSHIP$2,000
DANIELLE DENTREMONT WALPOLE, MASCHOLARSHIP$3,500
NICOLE KNOTH EAST WALPOLE, MASCHOLARSHIP$3,000
BRENDAN MAHONEY WALPOLE, MASCHOLARSHIP$4,250
POUL HOLM WALPOLE, MASCHOLARSHIP$1,750
AMY GORDON EAST WALPOLE, MASCHOLARSHIP$3,000
JULIANA CERULLO WALPOLE, MASCHOLARSHIP$1,300
KATERINA GEBHARDT WALPOLE, MASCHOLARSHIP$3,750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DONALD E HAWKINS ESQCO-TRUSTEE$29K

From 2024 filing

NameTitleHoursCompensation
DONALD E HAWKINS ESQCO-TRUSTEE$29,371

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Richard Richardi Scholarship Trust?

Richard Richardi Scholarship Trust is a private foundation focused on Education, based in LAS VEGAS, NV. It holds $1.5M in total assets as of 2024.

How large is Richard Richardi Scholarship Trust?

As of 2024, Richard Richardi Scholarship Trust holds $1.5M in total assets with $102K in annual revenue. It awarded 38 grants totaling $90K in 2024.

Where does Richard Richardi Scholarship Trust operate?

Richard Richardi Scholarship Trust has awarded grants in Connecticut, District of Columbia, Massachusetts, Maine, North Carolina, New Hampshire, New Jersey, New York, Rhode Island, South Carolina, Vermont.

What size grants does Richard Richardi Scholarship Trust award?

In 2024, Richard Richardi Scholarship Trust awarded 38 grants totaling $90K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Richard Richardi Scholarship Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard Richardi Scholarship Trust reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richard Richardi Scholarship Trust's EIN?

Richard Richardi Scholarship Trust's EIN (Employer Identification Number) is 59-7062049. 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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