Richmond American Foundation
The Richmond American Foundation (also known as MDC-Richmond American Homes Foundation) is a public 501(c)(3) charitable foundation based in Greenwood Village, Colorado. The foundation was established in 2005 and received its tax-exempt ruling in August 2021. It operates as a grantmaking foundation aligned with and supporting the charitable purposes of its related organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$87.3M
+42.2% YoY
Annual Giving
$2.9M
-20.8% YoY
Grant Count
60
+5.3% YoY
Avg Grant Size
$49K
-24.8% YoY
Mission & Focus Areas
Mission Statement: "As we look to the future, we are committed to lending a helping hand to those in need, embracing a diverse culture and working toward sustainability."
The foundation conducts a broad-based community grant program. Primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Housing Support Services
- Community Health
- Recreation
Grantmaking
The foundation made total grants of $2,969,130 in its most recent fiscal year. Typical grant awards range from $5,500 to $2,000,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Colorado
- Virginia
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $61,409,697
- Total Revenue: $6,174,055
- Total Expenses: $3,562,427
- Total Liabilities: $1,600,000
As of Most Recent Filing (2024):
- Total Assets: $87,298,527
- Total Giving: $2,969,130
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $87,298,527 | $61,409,697 | $55,152,412 |
| Revenue | $28,783,063 | $6,174,055 | $4,585,272 |
| Expenses | $3,146,098 | $3,562,427 | $3,432,873 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,584,968 | $2,109,083 | $-1,078,766 |
| 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
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Regis University ($500,000), Lion Global Foundation ($470,000), National Jewish Health ($220,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS ASSOCIATION COLORADO CHAPTER DENVER, CO | GENERAL OPERATING SUPPORT | $10,000 |
| ANTI-DEFAMATION LEAGUE DENVER, CO | GENERAL OPERATING SUPPORT | $10,000 |
| BOYS & GIRLS CLUBS OF METRO DENVER INC DENVER, CO | GENERAL OPERATING SUPPORT | $10,000 |
| CANCER LEAGUE OF COLORADO ENGLEWOOD, CO | GENERAL OPERATING SUPPORT | $25,000 |
| CENTUS COUNSELING CONSULTING & EDUCATION DENVER, CO | GENERAL OPERATING SUPPORT | $10,000 |
| CHERRY CREEK ARTS FESTIVAL DENVER, CO | GENERAL OPERATING SUPPORT | $10,000 |
| CHERRY CREEK SCHOOLS FOUNDATION GREENWOOD VILLAGE, CO | GENERAL OPERATING SUPPORT | $10,000 |
| CHILDREN'S DIABETES FOUNDATION AURORA, CO | GENERAL OPERATING SUPPORT | $10,000 |
| CHILDREN'S HOSPITAL COLORADO FOUNDATION DENVER, CO | GENERAL OPERATING SUPPORT | $53,500 |
| COAL CREEK MEALS ON WHEELS LAFAYETTE, CO | GENERAL OPERATING SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY MIZEL | CHAIRMAN, CEO, AND DIRECTO | 5 | — |
| DAVID D MANDARICH | PRESIDENT AND DIRECTOR | 5 | — |
| ARLENE HIRSCHFELD | DIRECTOR | 5 | — |
| MICHAEL POLLAK | DIRECTOR | 5 | — |
| DAVID H ENGLEBERG | DIRECTOR | 5 | — |
| CARRIE K DELIMA | VICE PRESIDENT, SECRETARY, AND TREASURER | 5 | — |
| JOHN BACKSTROM | ASSISTANT TREASURER | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Richmond American Foundation fund?
**Mission Statement:** "As we look to the future, we are committed to lending a helping hand to those in need, embracing a diverse culture and working toward sustainability." The foundation conducts a broad-based community grant program. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Housing Support Services • Community Health • Recreation
How do I apply for a grant from Richmond American Foundation?
**Grant Activity:** The foundation made total grants of $2,969,130 in its most recent fiscal year. Typical grant awards range from $5,500 to $2,000,000. **Recent Grants (2023):** • National Western Stock Show: $1,010,000 (General Operating Support) • Saint Joseph Hospital Foundation: $525,000 (General Operating Support) The foundation's grantmaking aligns with and furthers its supported organization's charitable purposes and mission through community-focused grants.
Where does Richmond American Foundation make grants?
The foundation primarily funds organizations in: • Colorado • Virginia • New York
What size grants does Richmond American Foundation award?
In 2024, Richmond American Foundation awarded 60 grants totaling $2.9M — an average of about $49K per grant, based on its IRS Form 990 filings.
What is Richmond American Foundation's EIN?
Richmond American Foundation's EIN (Employer Identification Number) is 84-1561013. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Richmond American 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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