TC Richmond Charitable Foundation

Foundation · Grantmaker Worcester, MA EIN: 04-6846515

TC Richmond Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Worcester, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 1 grant totaling $81K. Net investment income was $383K.

Key facts about TC Richmond Charitable Foundation

In short: TC Richmond Charitable Foundation gave $81K across 1 grant in 2024 (avg $81K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
04-6846515
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$81,000
Grants made (2024)
1
Average grant
$81,000
Median grant
$81,000
Total assets
$2,139,171
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+17.6% YoY

Annual Giving

$81K

+3.8% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$81K

+107.7% YoY

Under IRS private-foundation payout rules, TC Richmond Charitable Foundation reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.

How TC Richmond Charitable Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+8%). Method
  • In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

Cities

WorcesterWellesleyNewton

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K4 grants20206 grants20215 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Jewish Federation of Central Massachusetts: $81KJewish Federation of CentralMassachusetts$81K

Grant Size Distribution

18 grants across all recorded years

16<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
JEWISH FEDERATION OF CENTRAL MASSACHUSETTS Worcester, MARELIGOUS AND COMMUNITY SERVICE$81,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
Total Assets$2,139,171$1,818,999$1,698,032
Revenue$423,867$212,837$294,999
Expenses$103,695$91,870$78,343
Qualifying Distributions$83,300$78,000$66,000
Net Investment Income$382,972$72,728$149,348
Distributable Amount$97,011$83,338$76,693

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

TC Richmond Charitable Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Charles Richmond

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Eric Richmond

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Sue Levy

    Trustee

    On filings since 2020

    0.5 hrs/week

    No compensation reported

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 TC Richmond Charitable Foundation

How much does TC Richmond Charitable Foundation give each year?

TC Richmond Charitable Foundation gave $81K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $78K across 2 grants.

How large is TC Richmond Charitable Foundation?

TC Richmond Charitable Foundation reported $2.1M in total assets on its 2024 IRS Form 990-PF. It paid out $83K in qualifying distributions that year, against a required minimum of $97K (roughly 5% of its investment assets).

What is TC Richmond Charitable Foundation?

TC Richmond Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Worcester, MA. It holds $2.1M in total assets as of 2024.

Where does TC Richmond Charitable Foundation operate?

TC Richmond Charitable Foundation has awarded grants in Massachusetts.

What is TC Richmond Charitable Foundation's EIN?

TC Richmond Charitable Foundation's EIN (Employer Identification Number) is 04-6846515. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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