The Dr Richard Onofrio Foundation

ENCINO, CA EIN: 85-4369925

The Dr Richard Onofrio Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ENCINO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 2 grants totaling $115K. Net investment income was $58K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-4.1% YoY

Annual Giving

$115K

-23.3% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$58K

+15.0% YoY

Under IRS private-foundation payout rules, The Dr Richard Onofrio Foundation reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.

About The Dr Richard Onofrio Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $315K (100%)

States

California

Cities

Los AngelesWhittier

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,667,245	$1,738,472	$1,957,901
Revenue	$77,568	$-15,523	$18,170
Expenses	$148,795	$203,906	$85,851
Qualifying Distributions	$126,078	$178,324	$70,443
Net Investment Income	$58,171	$54,062	$67,807
Distributable Amount	$84,202	$83,308	$90,409

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Keck Medical Center of Usc - Urology Dept ($65,000), Pih Health Foundation ($50,000).

Recipient	Purpose	Amount
KECK MEDICAL CENTER OF USC - UROLOGY DEPT LOS ANGELES, CA	STUDENT SCHOLARSHIP	$65,000
PIH HEALTH FOUNDATION WHITTIER, CA	STUDENT SCHOLARSHIP	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RICHARD ONOFRIO	CEO AND DIRECTOR	2	—
DORON TISSER	SECRETARY AND DIRECTOR	2	—
NORMA RUSTY MACLEAN	TREASURER AND DIRECTOR	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Dr Richard Onofrio Foundation?

The Dr Richard Onofrio Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ENCINO, CA. It holds $1.7M in total assets as of 2024.

How large is The Dr Richard Onofrio Foundation?

As of 2024, The Dr Richard Onofrio Foundation holds $1.7M in total assets with $78K in annual revenue. It awarded 2 grants totaling $115K in 2024.

Where does The Dr Richard Onofrio Foundation operate?

The Dr Richard Onofrio Foundation has awarded grants in California.

What size grants does The Dr Richard Onofrio Foundation award?

In 2024, The Dr Richard Onofrio Foundation awarded 2 grants totaling $115K — an average of about $58K per grant, based on its IRS Form 990 filings.

How much is The Dr Richard Onofrio Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Dr Richard Onofrio Foundation reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Dr Richard Onofrio Foundation's EIN?

The Dr Richard Onofrio Foundation's EIN (Employer Identification Number) is 85-4369925. IRS Form 990 filing data is available on this page for 2020–2024.