Richard S Petty Char Fdn

Foundation · Grantmaker Concord, NH EIN: 01-0525593

Richard S Petty Char Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Concord, NH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $733K in total assets. In 2025, it awarded 1 grant totaling $30K. Net investment income was $40K.

Key facts about Richard S Petty Char Fdn

In short: Richard S Petty Char Fdn gave $30K across 1 grant in 2025 (avg $30K), mostly in Maine. Source: 2025 IRS Form 990-PF.

EIN
01-0525593
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$29,500
Grants made (2025)
1
Average grant
$29,500
Median grant
$29,500
Total assets
$732,796
Primary geography
Maine (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$733K

+0.1% YoY

Annual Giving

$30K

Grant Count

1

Avg Grant Size

$30K

Under IRS private-foundation payout rules, Richard S Petty Char Fdn reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.

How Richard S Petty Char Fdn gives

  • Giving held roughly steady from 2022 to 2025 (−3%). Method
  • In 2025 it paid out 97% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

BelfastBlue Hill

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grants20201 grants20211 grants20220 grants20230 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Healthy Peninsula: $30KHealthy Peninsula$30K

Grant Size Distribution

3 grants across all recorded years

2<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
HEALTHY PENINSULA Blue Hill, MEPROGRAM SUPPORT$29,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K202020212022202320242025
Metric202520242023
Total Assets$732,796$732,398$684,686
Revenue$48,124$63,956$40,989
Expenses$47,791$17,617$16,101
Qualifying Distributions$38,194$8,679$8,005
Net Investment Income$39,685$55,435$33,161
Distributable Amount$39,342$39,007$36,001

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS April 27, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Richard S Petty Char Fdn's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Michael Rossney

    Trustee

    On filings since 2021

    1 hr/week

    $6K (2021) → $8K (2025)

  • BAR Harbor Wealth Management

    Trustee

    On filings since 2022

    1 hr/week

    $7K (2022) → $8K (2025)

Former officers (2)
  • Former: Bar Harbor Trust Services (2020–2021) — Trustee
  • Former: John Kimball Petty (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Michael Rossney — Trustee: $8KMichael RossneyTrustee$8KBar Harbor Wealth Management — Trustee: $8KBar Harbor Wealth…Trustee$8K

Frequently asked questions about Richard S Petty Char Fdn

How much does Richard S Petty Char Fdn give each year?

Richard S Petty Char Fdn gave $30K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.

How large is Richard S Petty Char Fdn?

Richard S Petty Char Fdn reported $733K in total assets on its 2025 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $39K (roughly 5% of its investment assets).

What is Richard S Petty Char Fdn?

Richard S Petty Char Fdn is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Concord, NH. It holds $733K in total assets as of 2025.

Where does Richard S Petty Char Fdn operate?

Richard S Petty Char Fdn has awarded grants in Maine.

What is Richard S Petty Char Fdn's EIN?

Richard S Petty Char Fdn's EIN (Employer Identification Number) is 01-0525593. IRS Form 990 filing data is available on this page for 2020–2025.

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

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