Richardson Foundation
Richardson Foundation is a private foundation, based in Green Cove Springs, FL. IRS filing data is available from 2020 through 2025. In 2025, it awarded 3 grants totaling $91K. Net investment income was $123K.
Key facts about Richardson Foundation
In short: Richardson Foundation gave $91K across 3 grants in 2025 (avg $30K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- EIN
- 38-6062612
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $91,350
- Grants made (2025)
- 3
- Average grant
- $30,450
- Median grant
- $39,350
- Primary geography
- Michigan (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
—
Annual Giving
$91K
+4467.5% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$30K
+2945.0% YoY
Under IRS private-foundation payout rules, Richardson Foundation reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.
How Richardson Foundation gives
- Giving grew 2945% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). 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
Share of 2025 grant dollars across all 3 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2K (2024) to $91K (2025). In 2025 it made 3 grants totaling $91K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Little Traverse Conservancy ($50K). Together the top 3 received $91K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 10 grants of 11 (91%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Little Traverse Conservancy Harbor Springs, MI | General Fund | $50,000 |
| Michigan Technological University Houghton, MI | General Fund | $39,350 |
| Care & Share Food Pantry East Jordan, MI | General Fund | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | $5,924 | $4,502 |
| Revenue | $123,365 | $3,625 | $3,843 |
| Expenses | $93,280 | $2,203 | $3,150 |
| Qualifying Distributions | $91,350 | $2,000 | $3,000 |
| Net Investment Income | $123,365 | $3,625 | $3,804 |
| Distributable Amount | $1,344 | $5,850 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Richardson Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Martha K. Richardson
Trustee
On filings since 2022
0 hrs/week
No compensation reported
Michael D. Richardson
Trustee
On filings since 2022
0 hrs/week
No compensation reported
Former officers (2)
- Former: Frederick G Richardson (2020–2023) — Trustee Treasurer
- Former: Mark M Richardson MD (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.
Frequently asked questions about Richardson Foundation
How much does Richardson Foundation give each year?
Richardson Foundation gave $91K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2K across 2 grants.
What is Richardson Foundation's typical grant size?
Richardson Foundation's median grant in 2025 was $39,350, and its average grant was $30,450, across 3 grants on its 2025 IRS Form 990-PF.
Where does Richardson Foundation give grants?
Richardson Foundation gives mostly in Michigan: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Richardson Foundation give general operating support?
Yes: 100% of Richardson Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How much is Richardson Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Richardson Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richardson Foundation's EIN?
Richardson Foundation's EIN (Employer Identification Number) is 38-6062612. 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.
Here's the math on researching Richardson Foundation by hand.
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