Richmond American Foundation
Richmond American Foundation is a public charity based in Greenwood Village, Colorado. It conducts a broad-based community grant program aligned with the charitable purposes of its supported organization, Lion Global Foundation, which controls the foundation and its grantmaking process.
Richmond American Foundation at a glance
In short: Richmond American Foundation gave $2.9M across 60 grants in 2024 (avg $49K), mostly in Colorado. 42% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $2,915,355
- -20.8% vs 2023
- Grants made (2024)
- 60
- +5.3% vs 2023
- Average grant
- $48,589
- -24.8% vs 2023
- Median grant
- $10,000
- Total assets
- $87,298,527
- +42.2% vs 2023
- New grantees (estimate)
- 42% first-time grantees (25 of 60, 2024)
- Primary geography
- Colorado (88% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Richmond American Foundation
- How to Apply
-
The foundation says charitable organizations’ email inquiries are considered as submitted and that it will contact organizations if additional information is needed. Grant awards are subject to board approval, and recipient requirements are monitored regularly.
- Contact
Mailing address: 5251 Dtc Pkwy Ste 500, Greenwood Village, CO 80111
Phone: (303) 565-2400
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Richmond American Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Regis University ($500K). Together the top 10 received $2.2M.
Grant Size Distribution
283 grants across all recorded years
The most common grant size was under $50K: 230 grants of 283 (81%).
Geographic Focus
Where this funder awards grants
In 2024, 88% of grant dollars went to Colorado recipients. Other recipient states were Virginia (4%), Texas (3%), New York (2%) and Utah (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 60 itemized grants.
States
Cities
Is Richmond American Foundation open to new grantees?
42%
first-time grantees, 2024
In 2024, 25 of 60 grantees (42%) were first-time recipients. First grants averaged $67K; repeat grants $35K. How we count
Medians: $10K first-time, $10K repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−14%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.9M (2024) to $6.3M (2020). In 2024 it made 60 grants totaling $2.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Regis University Denver, CO | General Operating Support | $500,000 |
| Lion Global Foundation Greenwood Village, CO | General Operating Support | $470,000 |
| The Denver Post Community Foundation Denver, CO | General Operating Support | $400,000 |
| National Jewish Health Denver, CO | General Operating Support | $220,000 |
| Regents of the University of Colorado Englewood, CO | General Operating Support | $200,000 |
| Food Bank of the Rockies Denver, CO | General Operating Support | $100,000 |
| Navy Seal Foundation Virginia Beach, VA | General Operating Support | $100,000 |
| The Winning Team Foundation Euless, TX | General Operating Support | $100,000 |
| Children's Hospital Colorado Foundation Denver, CO | General Operating Support | $53,500 |
| Denver Health Foundation Denver, CO | General Operating Support | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $87,298,527 | $28,783,063 | $3,146,098 | $2,915,355 | 60 | $6,584,968 |
| 2023 | $61,409,697 | $6,174,055 | $3,562,427 | $3,682,000 | 57 | $2,109,083 |
| 2022 | $55,152,412 | $4,585,272 | $3,432,873 | $4,032,887 | 56 | $-1,078,766 |
| 2021 | $62,577,099 | $11,290,556 | $4,061,718 | $3,402,703 | 55 | $5,319,623 |
| 2020 | $51,977,010 | $8,928,390 | $6,843,392 | $6,254,437 | 55 | $5,093,602 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is “to lend a helping hand to those in need, embrace a diverse culture and work toward sustainability.” Its website describes a broader aim of building stronger communities and reports supporting efforts related to poverty, health care, education, public safety and tolerance.
Its 2024 grants show support for organizations working in varied areas. For example, Regis University describes its mission as building a more just and humane world through Jesuit Catholic education. National Jewish Health says it provides patient care, conducts research and trains health professionals. Mercy Housing Mountain Plains describes its work as facilitating affordable housing and providing programs and services to residents. The Navy SEAL Foundation says it supports warriors, veterans and families of Naval Special Warfare.
Grantmaking
In filing year 2024, the foundation reported 60 grants totaling $2,915,355. Grants ranged from $6,000 to $500,000, with a median of $10,000. The largest awards included $500,000 to Regis University, $470,000 to Lion Global Foundation, $400,000 to The Denver Post Community Foundation, $220,000 to National Jewish Health and $200,000 to the Regents of the University of Colorado. Each was reported as general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Larry Mizel as chairman, CEO and director; David D. Mandarich as president and director; Arlene Hirschfeld, Michael Pollak and David H. Engleberg as directors; Carrie K. DeLima as vice president, secretary and treasurer; and John Backstrom as assistant treasurer. The foundation’s website also identifies Mizel as its founder and Mandarich as its president.
Richmond American Foundation is led by Larry Mizel, Chairman, CEO & Director on every filing since 2020; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Larry Mizel
Chairman, CEO & Director
On filings since 2020
5 hrs/week
No compensation reported
David D. Mandarich
President & Director
On filings since 2020
5 hrs/week
No compensation reported
Arlene Hirschfeld
Director
On filings since 2020
5 hrs/week
No compensation reported
Michael Pollak
Director
On filings since 2020
5 hrs/week
No compensation reported
David H. Engleberg
Director
On filings since 2021
5 hrs/week
No compensation reported
Carrie K. Delima
Vice President, Secretary & Treasurer
Vice President & Assistant Treasurer → Vice President & Treasurer, 2022
Vice President & Treasurer → Vice President, Secretary & Treasurer, 2024
On filings since 2021
5 hrs/week
No compensation reported
John Backstrom
Assistant Treasurer
New on the 2024 filing
5 hrs/week
No compensation reported
Former officers (9)
- Former: Joseph H. Fretz (2020–2023) — Secretary
- Former: L. Ludwell Jones IV (2020–2023) — Vice President & Treasurer
- Former: Michael L. Kaplan (2022–2023) — Vice President
- Former: Clare E. Wilson (2023) — Vice President & Treasurer
- Former: Rebecca Givens (2021) — Vice President
- Former: Donald L. Kortz (2020) — Director
- Former: Michael Touff (2020) — Vice President
- Former: Ryan J. Berry (2020) — Vice President
- Former: Staci M. Woolsey (2020) — Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Richmond American Foundation
How much does Richmond American Foundation give each year?
Richmond American Foundation gave $2.9M across 60 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.7M across 57 grants.
What is Richmond American Foundation's typical grant size?
Richmond American Foundation's median grant in 2024 was $10,000, and its average grant was $48,589, across 60 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Richmond American Foundation that year got $67K on average.
Where does Richmond American Foundation give grants?
Richmond American Foundation gives mostly in Colorado: 88% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Denver, CO (31 grants), Englewood, CO (4 grants), Greenwood Village, CO (3 grants) and Aurora, CO (3 grants).
Does Richmond American Foundation give general operating support?
Yes: 100% of Richmond American Foundation's 2024 grants with a stated purpose (60 of 60) were for general or operating support, per its 2024 IRS Form 990.
Who are Richmond American Foundation's largest grantees?
Richmond American Foundation's largest 2024 grantees include Regis University ($500,000), Lion Global Foundation ($470,000) and The Denver Post Community Foundation ($400,000), according to its 2024 IRS Form 990. Together they received 47% of its itemized 2024 grant dollars.
How large is Richmond American Foundation?
Richmond American Foundation reported $87.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $28.8M.
What does Richmond American Foundation fund?
The foundation’s stated mission is “to lend a helping hand to those in need, embrace a diverse culture and work toward sustainability.” See mission & focus areas ↑
How do I apply for a grant from Richmond American Foundation?
The foundation says charitable organizations’ email inquiries are considered as submitted and that it will contact organizations if additional information is needed. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 22, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2025)
- IRS filings on file for fiscal years 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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Cite this profile
Grantable. (2026). Richmond American Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/richmond-american-foundation-morg_efcb8359cd474fb798659c452b84d52f
BibTeX
@misc{grantable_841561013_2026,
author = {{Grantable}},
title = {{Richmond American Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/richmond-american-foundation-morg_efcb8359cd474fb798659c452b84d52f},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Richmond American Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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