Richman Brothers Foundation

Foundation · Grantmaker Rocky River, OH EIN: 34-6504927

The Richman Brothers Foundation is a private foundation incorporated in 1932 and located in Rocky River, Ohio. The organization has maintained tax-exempt status since April 1938. As a 501(c)(3) organization, it operates as an independent foundation focused on philanthropic giving.

Key facts about Richman Brothers Foundation

EIN: 34-6504927
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $145,171
Grants made (2024): 21
Average grant: $6,913
Median grant: $5,702
New grantees (estimate): 0% first-time grantees (0 of 21, 2024)
Total assets: $2,193,166
Primary geography: Ohio (93% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Richman Brothers Foundation funds

By grant dollars, the top recipient states for Richman Brothers Foundation's 21 itemized 2024 grants were Ohio (93%). The most frequent recipient cities were Cleveland, OH (12 grants) and Lakewood, OH (2 grants). None of its 21 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (16 grants) and "Needy Retiree Grant" (5 grants).

Is Richman Brothers Foundation open to new grantees?

first-time grantees, 2024

In 2024, 0 of 21 grantees (0%) were first-time recipients. How we count

100% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (−4%). Method
In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-4.9% YoY

Annual Giving

$145K

+18.4% YoY

Grant Count

-4.5% YoY

Avg Grant Size

$7K

+24.0% YoY

Under IRS private-foundation payout rules, Richman Brothers Foundation reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving principally supports health care and agencies providing support to children and the aged. The foundation also provides relief assistance to pensioners of Richman Brothers Co. or their widows. Primary funding interests include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.

Grantmaking

The foundation makes grants to charitable organizations, with typical award amounts ranging from $2,000 to $11,000. Recent grant activity includes awards to organizations such as:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Ohio, North Carolina, and Mississippi.

Grant Distribution by State

Ohio $136K (93%)

Mississippi $6K (4%)

North Carolina $4K (3%)

Share of all 21 itemized 2024 grant dollars.

States

Kentucky Mississippi North Carolina Ohio

Cities

ClevelandLakewoodAkronMeridianNorth OlmstedParmaSouth EuclidSoth MillMedinaBroadview HeightsGarfield HeightsGarfield HtsShaker HeightsSouth MillStreetsboroSullivan

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $2,193,166
Total Revenues: $75,317
Total Expenses: $187,618
Total Liabilities: $0

Revenue Composition (2024):

Investment income and dividends: $87,467
Net gain from sale of non-inventory assets: -$12,150

As of December 2023:

Total Assets: $2.31M
Total Revenues: $141,000
Total Expenses: $172,000

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,193,166	$2,305,467	$2,336,003
Revenue	$75,317	$141,470	$42,736
Expenses	$187,618	$172,352	$165,507
Qualifying Distributions	$150,171	$128,143	$131,730
Net Investment Income	$53,588	$112,181	$18,144
Distributable Amount	$151,708	$138,120	$144,382

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

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

120 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Saint Vitus Endowment Trust ($11,000), Boys Hope Girls Hope of Ne Ohio ($10,000), Free Clinic of Greater Cleveland ($10,000).

Recipient	Purpose	Amount
SAINT VITUS ENDOWMENT TRUST Cleveland, OH	CHARITABLE	$11,000
BOYS HOPE GIRLS HOPE OF NE OHIO Cleveland, OH	CHARITABLE	$10,000
FREE CLINIC OF GREATER CLEVELAND Cleveland, OH	CHARITABLE	$10,000
PARTNERSHIP SCHOOLS Cleveland, OH	CHARITABLE	$10,000
FOOD BANK OF GREATER CLEVELAND Cleveland, OH	CHARITABLE	$10,000
NORTH COAST HEALTH FOUNDATION Lakewood, OH	CHARITABLE	$10,000
URBAN COMMUNITY SCHOOL Cleveland, OH	CHARITABLE	$10,000
ST MARTIN DE PORRES Cleveland, OH	CHARITABLE	$10,000
INNER CITY TENNIS CLINICS Lakewood, OH	CHARITABLE	$8,000
SLOVENIAN MUSEUM AND ARCHIVES Cleveland, OH	CHARITABLE	$7,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

Raymond Marvar, President
James Moore, Treasurer Secretary
Gary Hribar, Trustee

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
James Moore	Treasurer Secretary	2	$2,000
Gary Hribar	Trustee	—	—
Raymond Marvar	President	2	$5,000
John Krause	Trustee	—	—
Boris Rogulja	Trustee	—	—

Contact Information

Address: 19885 Detroit Rd PMB 338, Rocky River, OH 44116-1815

Telephone: 216-314-7341

Frequently Asked Questions

What does Richman Brothers Foundation fund?

How do I apply for a grant from Richman Brothers Foundation?

The foundation makes grants to charitable organizations, with typical award amounts ranging from $2,000 to $11,000. Recent grant activity includes awards to organizations such as: • Circle Health Services ($10,000) • North Coast Health Foundation ($10,000) • Greater Cleveland Food Bank ($10,000) • Free Clinic Of Greater Cleveland In 2024, the foundation made 24 grants with total giving of $143,171. The foundation has zero employees and does not currently list active grant opportunities.

Where does Richman Brothers Foundation make grants?

The foundation primarily funds organizations in Ohio, North Carolina, and Mississippi.

What size grants does Richman Brothers Foundation award?

In 2024, Richman Brothers Foundation awarded 21 grants totaling $145K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Richman Brothers Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richman Brothers Foundation reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.