The Gabriel Billion Richardson

Foundation · Grantmaker New Orleans, LA EIN: 27-2054821

The Gabriel Billion Richardson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Orleans, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $863K in total assets. In 2024, it awarded 6 grants totaling $75K. Net investment income was $48K.

Key facts about The Gabriel Billion Richardson

EIN: 27-2054821
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $75,000
Grants made (2024): 6
Average grant: $12,500
Median grant: $7,500
Total assets: $863,235
Primary geography: Pennsylvania (47% of itemized 2024 grant dollars)

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

Who The Gabriel Billion Richardson funds

By grant dollars, the top recipient states for The Gabriel Billion Richardson's 6 itemized 2024 grants were Pennsylvania (47%), Texas (20%) and Louisiana (20%). The most frequent recipient cities were New Orleans, LA (2 grants). 100% of grants with a stated purpose were for general or operating support.

How The Gabriel Billion Richardson gives

Giving grew 36% from 2021 to 2024. Method
In 2024 it paid out 106% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Gabriel Billion Richardson

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$863K

+12.3% YoY

Annual Giving

$75K

+44.2% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$13K

-27.9% YoY

Under IRS private-foundation payout rules, The Gabriel Billion Richardson reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.

About The Gabriel Billion Richardson

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $35K (47%)

Texas $15K (20%)

Louisiana $15K (20%)

Tennessee $5K (7%)

California $5K (7%)

Share of all 6 itemized 2024 grant dollars.

States

California Louisiana Maryland Nebraska Pennsylvania Tennessee Texas

Cities

New OrleansStaffordOmahaPhiladelphiaBaltimoreMemphisOceanside

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$863,235	$768,971	$682,523
Revenue	$178,932	$145,174	$123,421
Expenses	$84,668	$58,726	$57,982
Qualifying Distributions	$75,000	$52,000	$52,000
Net Investment Income	$47,966	$16,191	$5,790
Distributable Amount	$70,538	$56,598	$51,630

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

29 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include No Kid Hungry ($35,000), Make-a-Wish Texas Gulf Coast & Louisiana ($15,000), Ronald McDonald House New Orleans ($10,000).

Recipient	Purpose	Amount
NO KID HUNGRY Philadelphia, PA	GENERAL PURPOSE	$35,000
MAKE-A-WISH TEXAS GULF COAST & LOUISIANA Stafford, TX	GENERAL PURPOSE	$15,000
RONALD MCDONALD HOUSE NEW ORLEANS New Orleans, LA	GENERAL PURPOSE	$10,000
ST JUDE HOSPITAL Memphis, TN	GENERAL PURPOSE	$5,000
SEMPER FI AMERICAS FUND Oceanside, CA	GENERAL PURPOSE	$5,000
COVENANT HOUSE OF NEW ORLEANS New Orleans, LA	GENERAL PURPOSE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Robert B Richardson	Director/President	2	—
Lisa Richardson	Secretary/Treasurer	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Gabriel Billion Richardson?

The Gabriel Billion Richardson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Orleans, LA. It holds $863K in total assets as of 2024.

How large is The Gabriel Billion Richardson?

As of 2024, The Gabriel Billion Richardson holds $863K in total assets with $179K in annual revenue. It awarded 6 grants totaling $75K in 2024.

Where does The Gabriel Billion Richardson operate?

The Gabriel Billion Richardson has awarded grants in California, Louisiana, Maryland, Nebraska, Pennsylvania, Tennessee, Texas.

What size grants does The Gabriel Billion Richardson award?

In 2024, The Gabriel Billion Richardson awarded 6 grants totaling $75K — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is The Gabriel Billion Richardson required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Gabriel Billion Richardson reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Gabriel Billion Richardson's EIN?

The Gabriel Billion Richardson's EIN (Employer Identification Number) is 27-2054821. IRS Form 990 filing data is available on this page for 2020–2024.