Richman Family Foundation Inc
The Richman Family Foundation Inc is a 501(c)(3) public charity and supporting organization based in Baltimore, Maryland. Established in 1994, the foundation was created to carry out the charitable, educational, and religious purposes of The Associated Jewish Community Federation of Baltimore. The foundation makes grants to public charitable organizations in furtherance of The Associated's mission.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.5M
-8.5% YoY
Annual Giving
$3.8M
+82.2% YoY
Grant Count
57
+54.1% YoY
Avg Grant Size
$66K
+18.3% YoY
Mission & Focus Areas
Mission Statement: The foundation supports services and programs that strengthen the Baltimore community and create opportunities for individuals, especially children, to grow, prosper, and lead meaningful lives in a safe and healthy environment.
Core Values:
- Working to "Repair the World" — supporting Jewish tradition's teaching that each person has responsibility to repair the world
- Providing Equal Opportunity for All — committed to supporting efforts that help individuals grow, prosper, and live in a peaceful and healthy community
- Demonstrating Compassion — acting with care and concern for others
- In Pursuit of Justice — supporting what is fair and morally right
- Making a Meaningful Impact — focusing on achieving results and measurable impact
Primary Funding Areas:
- Early Learning and Family Supports — Programs that nurture and strengthen parents and young families; early learning programs providing high-quality environments for children ages 0-5 with emphasis on literacy
- Education — Programs prioritizing parent and caregiver engagement; programs preparing motivated students for college and careers; programs with demonstrated success in increasing student literacy, math skills, and academic achievement for kindergarten through grade 12; limited support for individual schools
- Mental Health and Health Care — Programs supporting maternal prenatal, perinatal, and postpartum health and mental health; mental health supports for young people from kindergarten through early careers; health and mental health services for children ages 0-5 focusing on reducing toxic stress and trauma
- Jewish Causes — Works inspired by Jewish faith tradition and its values, with primary focus on Baltimore community
Grantmaking
Typical awards range from $5,809 to $1,231,764.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Maryland, with particular emphasis on Baltimore. The foundation also supports Jewish causes and programs beyond Baltimore, and has made commitments to organizations in other states including New York and Massachusetts.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $12,482,114
- 2023: $13,635,715
Annual Revenue:
- 2024: $1,418,865
- 2023: $225,830
Annual Expenses:
- 2024: $3,898,040
- 2023: $2,103,152
Liabilities:
- 2024: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,482,114 | $13,635,715 | $14,313,805 |
| Revenue | $1,418,865 | $225,830 | $204,264 |
| Expenses | $3,898,040 | $2,103,152 | $4,049,354 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $163,865 | $225,830 | $204,264 |
| Distributable Amount | — | — | — |
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
136 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Founders: Arnie and Alison Richman — former high school sweethearts who married in 1969 and learned the importance of philanthropy from their parents and grandparents. Arnie spent 25 years as a partner of Meridian Healthcare, a privately held company that developed and managed healthcare services.
Current Leadership: Marc B Terrill — Principal Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARC B TERRILL | PRESIDENT & PUBLIC DIR. UNTIL 07/24 | 0.15 | — |
| ANDREW CUSHNIR | PRESIDENT & PUBLIC DIR. AS OF 04/24 | 0.15 | — |
| MICHAEL I FRIEDMAN | SECRETARY, TREASURER & PUBLIC DIR. | 0.15 | — |
| LAUREN KLEIN | ASSISTANT SECRETARY | 0.15 | — |
| ARNOLD I RICHMAN | VICE PRESIDENT, DONOR DIR. & MEMBER | 0.15 | — |
| KRISTEN S KINKOPF | DONOR DIRECTOR | 0.15 | — |
| JONATHAN D EISNER | PUBLIC DIRECTOR | 0.15 | — |
Recent News & Activity
Recent developments and announcements
The Richman family has made significant commitments to music education, endowing a professorship in Popular Music Studies at Case Western Reserve University and providing a $1 million commitment to support the Center for Popular Music Studies.
Richman Family Endows Professorship in Popular Music Studies at CWRU | DepartmentContact Information
Address: 5700 Park Heights Ave, Baltimore, MD 21215-3930
Telephone: 410-727-4828
EIN: 52-1899221
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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