The Cy and Deedee Richards Foundation
The Cy and Deedee Richards Foundation is a private foundation based in Corpus Christi, Texas. In 2024, it reported 15 grants totaling $21,075, supporting religious, educational, and other charitable organizations.
The Cy and Deedee Richards Foundation at a glance
In short: The Cy and Deedee Richards Foundation gave $21K across 15 grants in 2024 (avg $1K), mostly in Texas. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $21,075
- -39.8% vs 2023
- Grants made (2024)
- 15
- -21.1% vs 2023
- Average grant
- $1,405
- -23.7% vs 2023
- Median grant
- $650
- Total assets
- $522,937
- +2.7% vs 2023
- New grantees (estimate)
- 13% first-time grantees (2 of 15, 2024; small sample)
- Primary geography
- Texas (82% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Cy and Deedee Richards Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 711 N Carancahua St Suite 1550, Corpus Christi, TX 78401-0739
Phone: (361) 883-8999
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Cy and Deedee Richards Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Emmaus Catholic Parish ($6K). Together the top 10 received $21K.
Grant Size Distribution
79 grants across all recorded years
The most common grant size was under $50K: 79 grants of 79 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 82% of grant dollars went to recipients in Texas, 14% to Utah, 3% to Oregon, and less than 1% to Washington, DC.
Grant Distribution by State
Share of 2024 grant dollars across all 15 itemized grants.
Cities
Is The Cy and Deedee Richards Foundation open to new grantees?
13%
first-time grantees, 2024
In 2024, 2 of 15 grantees (13%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $2K; repeat grants $1K. How we count
Medians: $2K first-time, $500 repeat.
- 80% of 2024 grantees were also funded in 2023. Method
- Giving fell 33% from 2021 to 2024. Method
- In 2024 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF 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 $21K (2024) to $35K (2023). In 2024 it made 15 grants totaling $21K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Emmaus Catholic Parish Lakeway, TX | Support of Religious Organization | $6,325 |
| Equestrian Order of the Holy Sepulchre of Jerusalem Houston, TX | Support of Religious Organization | $3,300 |
| Shejumps Salt Lake City, UT | Support of Educational Organization | $3,000 |
| St Michael's Catholic Academy Austin, TX | Support of Educational Organization | $2,000 |
| Waterloo School Austin, TX | Support of Educational Organization | $2,000 |
| Incarnate Word Academy Corpus Christi, TX | Support of Educational Organization | $1,500 |
| MCJ Foundation Dripping Springs, TX | Support of charitable organization for drug and alcohol rehabilitation | $1,000 |
| Rose City Rollers Portland, OR | Support of Charitable Organization | $650 |
| Catholic Charities of Central Texas Austin, TX | Support of Religious Organization | $500 |
| Leukemia & Lymphoma Society Austin, TX | Support of Charitable Organization for Cancer Research | $250 |
Ready to take the next step with The Cy and Deedee Richards Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $522,937 | $47,149 | $33,443 | $21,075 | 15 | $22,896 | $36,602 | $29,140 |
| 2023 | $509,231 | $24,283 | $43,009 | $34,995 | 19 | $34,995 | $16,269 | $28,103 |
| 2022 | $527,957 | $-64,002 | $37,841 | $25,445 | 15 | $26,698 | $4,265 | $29,601 |
| 2021 | $630,086 | $114,118 | $43,124 | $31,668 | 15 | $32,766 | $103,331 | $32,320 |
| 2020 | $560,891 | $139,307 | $42,357 | $28,495 | 15 | — | $126,559 | $28,370 |
Under IRS private-foundation payout rules, The Cy and Deedee Richards Foundation reported a distributable amount of $29K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission statement is provided. The 2024 grants included support for religious and educational organizations, as well as charitable organizations working in areas such as drug and alcohol rehabilitation and cancer research.
Grantees’ own descriptions illustrate the range of organizations supported. SheJumps says it works to increase women’s and girls’ participation in outdoor activities through outdoor education. Rose City Rollers says it serves women, girls, and gender-expansive people who want to play roller derby and connect with an inclusive community. Catholic Charities of Central Texas describes its work as providing assistance and direct services to people in need. Judicial Watch says it promotes government integrity, transparency, and accountability through public advocacy, litigation, monitoring, and investigations.
Grantmaking
In 2024, the foundation reported 15 grants totaling $21,075. Grants ranged from $100 to $6,325, with a median grant of $650.
The largest reported grants included $6,325 to Emmaus Catholic Parish, $3,300 to the Equestrian Order of the Holy Sepulchre of Jerusalem, $3,000 to SheJumps, $2,000 each to St. Michael’s Catholic Academy and Waterloo School, and $1,500 to Incarnate Word Academy. Other reported recipients included the MCJ Foundation ($1,000), Rose City Rollers ($650), Catholic Charities of Central Texas ($500), and the Leukemia & Lymphoma Society ($250).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Deirdre Harkins Richards as president, Cyrus F. Richards III as vice president, and Kacy Dolce Co Deirdre Harkins as secretary/treasurer.
The Cy and Deedee Richards Foundation is led by Cyrus F. Richards III, V & President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Cyrus F. Richards III
V & President
On filings since 2020
5 hrs/week
No compensation reported
Deirdre Harkins Richards
President
On filings since 2020
5 hrs/week
No compensation reported
Kacy Dolce Co Deirdre Harkins
Secretary & Treasurer
On filings since 2020
1 hr/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 The Cy and Deedee Richards Foundation
How much does The Cy and Deedee Richards Foundation give each year?
The Cy and Deedee Richards Foundation gave $21K across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $35K across 19 grants.
What is The Cy and Deedee Richards Foundation's typical grant size?
The Cy and Deedee Richards Foundation's median grant in 2024 was $650, and its average grant was $1,405, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Cy and Deedee Richards Foundation that year got $2K on average.
Where does The Cy and Deedee Richards Foundation give grants?
The Cy and Deedee Richards Foundation gives mostly in Texas: 82% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Utah (14%). The most frequent recipient cities were Austin, TX (6 grants) and Lakeway, TX (2 grants).
Does The Cy and Deedee Richards Foundation give general operating support?
Not in 2024: none of the 15 grants with a stated purpose on The Cy and Deedee Richards Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support of Charitable Organization" (5 grants), "Support of Religious Organization" (4 grants) and "Support of Educational Organization" (4 grants).
Who are The Cy and Deedee Richards Foundation's largest grantees?
The Cy and Deedee Richards Foundation's largest 2024 grantees include Emmaus Catholic Parish ($6,325), Equestrian Order of the Holy Sepulchre of Jerusalem ($3,300) and Shejumps ($3,000), according to its 2024 IRS Form 990-PF. Together they received 60% of its itemized 2024 grant dollars.
How large is The Cy and Deedee Richards Foundation?
The Cy and Deedee Richards Foundation reported $523K in total assets on its 2024 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $29K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Cy and Deedee Richards Foundation fund?
No foundation mission statement is provided. The 2024 grants included support for religious and educational organizations, as well as charitable organizations working in areas such as drug and alcohol rehabilitation and cancer research. See mission & focus areas ↑
How do I apply for a grant from The Cy and Deedee Richards Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Cy and Deedee Richards Foundation's EIN?
The Cy and Deedee Richards Foundation's EIN (Employer Identification Number) is 74-2643099. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Cy and Deedee Richards Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Cy and Deedee Richards Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Texas
The Oregon Community Foundation
Portland, OR
The Oregon Community Foundation funds Oregon nonprofits and community-serving projects across education, health, arts and culture, housing, economic and community vitality, and the environment. Its 2024 grants had a median of $25,000, with awards ranging from about $5,000 to nearly $8 million; applications are accepted through specific grant programs and cycles, but the profile does not state whether unsolicited requests are accepted.
Assets
$3.3B
Grants
2,149
Total Given
$171.4M
Riklin Charitable Trust
San Antonio, TX
Assets
$673K
Grants
97
Total Given
$120K
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
Greater Houston Community Foundation
Houston, TX
The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
BNSF Railway Foundation
Fort Worth, TX
The BNSF Railway Foundation funds civic, cultural, education, health and human services, environmental, and youth programs, including operating costs and specific projects. Its 2025 median grant was $2,500, though awards ranged from $100 to $500,000; it supports eligible organizations serving communities near BNSF rail lines across its 28 operating states. The foundation provides an online application process, but whether it accepts unsolicited requests is not stated.
Assets
$23.0M
Grants
993
Total Given
$7.0M
Baker Hughes Foundation
Houston, TX
Assets
$2.2M
Grants
990
Total Given
$3.2M
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Cy and Deedee Richards 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.
The Cy and Deedee Richards Foundation down — hundreds of funders to go?