Richman Brothers Foundation
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.
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
21
-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.
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
Cities
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
| 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 |
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 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 |
|---|---|---|
| PAULETTE HOUSTON CLEVELAND, OH | NEEDY RETIREE GRANT | $3,774 |
| EVA M NEAL SOTH MILL, NC | NEEDY RETIREE GRANT | $3,774 |
| BARBARA ROSLAN CLEVELAND, OH | NEEDY RETIREE GRANT | $4,147 |
| BONNIE ROBERTS MERIDIAN, MS | NEEDY RETIREE GRANT | $5,702 |
| CARRIE DOKES CLEVELAND, OH | NEEDY RETIREE GRANT | $3,774 |
| BOYS HOPE GIRLS HOPE OF NE OHIO CLEVELAND, OH | CHARITABLE | $10,000 |
| FIRST TEE OF AKRON AKRON, OH | CHARITABLE | $4,000 |
| FREE CLINIC OF GREATER CLEVELAND CLEVELAND, OH | CHARITABLE | $10,000 |
| HOLY FAMILY CANCER HOME PARMA, OH | CHARITABLE | $5,000 |
| INNER CITY TENNIS CLINICS LAKEWOOD, OH | CHARITABLE | $8,000 |
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
From 2024 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?
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.
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.
What is Richman Brothers Foundation's EIN?
Richman Brothers Foundation's EIN (Employer Identification Number) is 34-6504927. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richman Brothers Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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