Richardson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CROZIER, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 21 grants totaling $106K. Net investment income was $23K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+2.4% YoY
Annual Giving
$106K
-5.4% YoY
Grant Count
21
-19.2% YoY
Avg Grant Size
$5K
+17.2% YoY
Under IRS private-foundation payout rules, Richardson Family Foundation reported a distributable amount of $126K for 2024 — the minimum it must pay out in qualifying distributions.
About Richardson Family Foundation
Based on IRS filings
Richardson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CROZIER, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 21 grants totaling $106K. Net investment income was $23K.
Focus Areas
Ready to take the next step with Richardson Family Foundation?
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 | $1,791,967 | $1,750,647 | $1,779,377 |
| Revenue | $162,042 | $94,490 | $62,218 |
| Expenses | $120,722 | $123,220 | $135,633 |
| Qualifying Distributions | $106,000 | $112,000 | $121,000 |
| Net Investment Income | $22,583 | $83,992 | $49,788 |
| Distributable Amount | $125,779 | $105,970 | $111,978 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Goochland Cares ($26,500), American Red Cross ($15,000), Elk Hill Farm Inc ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS RICHMOND, VA | OPERATIONAL SUPPORT | $15,000 |
| BATH CO ANIMAL WELFARE HOT SPRINGS, VA | OPERATIONAL SUPPORT | $1,500 |
| BATH COUNTY ARTS ASSOCIATION HOT SRINGS, VA | OPERATIONAL SUPPORT | $2,500 |
| BATH COUNTY CHRISTMAS MOTHER HOT SPRINGS, VA | OPERATIONAL SUPPORT | $1,000 |
| BOYS HOME OF VIRGINIA COVINGTON, VA | OPERATIONAL SUPPORT | $3,000 |
| COLLEGIATE SCHOOL RICHMOND, VA | OPERATIONAL SUPPORT | $8,500 |
| ELK HILL FARM INC GOOCHLAND, VA | OPERATIONAL SUPPORT | $12,000 |
| ELON-PHOENIX CLUB ELON, NC | OPERATIONAL SUPPORT | $3,000 |
| FIT 4 KIDS RICHMOND, VA | OPERATIONAL SUPPORT | $1,500 |
| GOOCHLAND CARES GOOCHLAND, VA | OPERATIONAL SUPPORT | $26,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CRIT TAYLOR RICHARDSON | PRESIDENT | — | — |
| ELIZABETH A RICHARDSON | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richardson Family Foundation?
Richardson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CROZIER, VA. It holds $1.8M in total assets as of 2024.
How large is Richardson Family Foundation?
As of 2024, Richardson Family Foundation holds $1.8M in total assets with $162K in annual revenue. It awarded 21 grants totaling $106K in 2024.
Where does Richardson Family Foundation operate?
Richardson Family Foundation has awarded grants in Florida, North Carolina, Ohio, Tennessee, Virginia.
What size grants does Richardson Family Foundation award?
In 2024, Richardson Family Foundation awarded 21 grants totaling $106K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Richardson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richardson Family Foundation reported a distributable amount of $126K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richardson Family Foundation's EIN?
Richardson Family Foundation's EIN (Employer Identification Number) is 83-2590717. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richardson Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Heartfelt Humans
ASHBURN, VA
Assets
—
Grants
0
Total Given
—
Krumbein Charities Inc
RICHMOND, VA
Assets
$440K
Grants
14
Total Given
$34K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Richardson Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Richardson Family Foundation to a real strategy.