Richie Family Foundation Inc

ASHEVILLE, NC EIN: 56-2223574

Richie Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 2 grants totaling $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3K

-75.8% YoY

Annual Giving

$9K

-25.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$5K

-25.0% YoY

Under IRS private-foundation payout rules, Richie Family Foundation Inc reported a distributable amount of $258 for 2024 — the minimum it must pay out in qualifying distributions.

About Richie Family Foundation Inc

Based on IRS filings

Richie Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 2 grants totaling $9K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

AlexandriaAshevilleChicagoHarpers FerryMars HillPaintsvilleRaleighRomeRye BrookSparks GlencoeTopeka

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$18K$27K$35K20202021202220232024
Metric202420232022
Total Assets$2,938$12,136$26,956
Revenue$24$388$10,935
Expenses$9,222$15,208$16,999
Qualifying Distributions$9,000$12,000$13,885
Net Investment Income$226$9,753
Distributable Amount$258$906$1,544

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K15 grants202012 grants20218 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

CENTRAL UNITED METHODIST…$6KSALVATION ARMY$3K

Grant Size Distribution

39 grants across all recorded years

39<$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 Central United Methodist Church ($6,000), Salvation Army ($3,000).

RecipientPurposeAmount
CENTRAL UNITED METHODIST CHURCH ASHEVILLE, NCGENERAL SUPPORT$6,000
SALVATION ARMY ALEXANDRIA, VAGENERAL SUPPORT$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT A RICHIEDIRECTOR - PRESIDENT/TREAS
CHERIE H RICHIEDIRECTOR - VICE-PRES./SECR
THERMAN L RICHIE IIDIRECTOR - ASSISTANT TREAS
ELIZABETH RICHIE BOWERSDIRECTOR - ASSISTANT SECRE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Richie Family Foundation Inc?

Richie Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ASHEVILLE, NC. It holds $3K in total assets as of 2024.

How large is Richie Family Foundation Inc?

As of 2024, Richie Family Foundation Inc holds $3K in total assets with $24 in annual revenue. It awarded 2 grants totaling $9K in 2024.

Where does Richie Family Foundation Inc operate?

Richie Family Foundation Inc has awarded grants in Georgia, Illinois, Kansas, Kentucky, Maryland, North Carolina, New York, Virginia, West Virginia.

What size grants does Richie Family Foundation Inc award?

In 2024, Richie Family Foundation Inc awarded 2 grants totaling $9K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Richie Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richie Family Foundation Inc reported a distributable amount of $258 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Richie Family Foundation Inc's EIN?

Richie Family Foundation Inc's EIN (Employer Identification Number) is 56-2223574. IRS Form 990 filing data is available on this page for 2020–2024.

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

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