Richland Summit Charitable Foundation

OLNEY, IL EIN: 31-1651945

Richland Summit Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLNEY, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $20K in total assets. In 2024, it awarded 6 grants totaling $14K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$20K

-38.5% YoY

Annual Giving

$14K

+237.5% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$2K

+237.5% YoY

About Richland Summit Charitable Foundation

Based on IRS filings

Richland Summit Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLNEY, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $20K in total assets. In 2024, it awarded 6 grants totaling $14K. Net investment income was $1K.

Ready to take the next step with Richland Summit Charitable Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BereaGrand HavenHillsdaleMemphisPetoskeyPhiladelphiaPoint LookoutSherman OaksSt LouisStaten IslandTraverse City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7K$15K$22K$29K201920202021202220232024
Metric202420232022
Total Assets$19,967$32,450$35,034
Revenue$1,341$1,722$26,703
Expenses$13,824$4,306$19,701
Qualifying Distributions$13,515$4,015$19,465
Net Investment Income$1,316$1,697$291
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$19K7 grants20196 grants20208 grants20219 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

FIRST PRESBYTERIAN CHURC…$10KTUNNEL TO TOWERS FOUNDAT…$2KFOUNDATION FOR INDIVIDUA…$500HILLSDALE COLLEGE$500SHRINERS HOSPITAL FOR CH…$500ST JUDE CHILDREN'S RESEA…$500

Grant Size Distribution

35 grants across all recorded years

35<$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 First Presbyterian Church of Grand Haven ($10,000), Tunnel to Towers Foundation ($1,500), Foundation for Individual Rights in Education ($500).

RecipientPurposeAmount
FIRST PRESBYTERIAN CHURCH OF GRAND HAVEN GRAND HAVEN, MIGENERAL CONTRIBUTION$10,000
FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION PHILADELPHIA, PAGENERAL CONTRIBUTION$500
HILLSDALE COLLEGE HILLSDALE, MIGENERAL CONTRIBUTION$500
SHRINERS HOSPITAL FOR CHILDREN ST LOUIS, MOGENERAL CONTRIBUTION$500
ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TNGENERAL CONTRIBUTION$500
TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NYGENERAL CONTRIBUTION$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KATHRYN M MORSETRUSTEE1
PETER A MORSE SRADVISOR1
PETER A MORSE JRADVISOR1
JOHN W MORSEADVISOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Richland Summit Charitable Foundation?

Richland Summit Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLNEY, IL. It holds $20K in total assets as of 2024.

How large is Richland Summit Charitable Foundation?

As of 2024, Richland Summit Charitable Foundation holds $20K in total assets with $1K in annual revenue. It awarded 6 grants totaling $14K in 2024.

Where does Richland Summit Charitable Foundation operate?

Richland Summit Charitable Foundation has awarded grants in California, Kentucky, Michigan, Missouri, New York, Pennsylvania, Tennessee.

What size grants does Richland Summit Charitable Foundation award?

In 2024, Richland Summit Charitable Foundation awarded 6 grants totaling $14K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Richland Summit Charitable Foundation's EIN?

Richland Summit Charitable Foundation's EIN (Employer Identification Number) is 31-1651945. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Richland Summit Charitable Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

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

What could you do with Richland Summit Charitable 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