The Richard A & Helene M Monaghan
The Richard A & Helene M Monaghan is a private foundation, based in Albany, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grant totaling $486K. Net investment income was $252K.
The Richard A & Helene M Monaghan at a glance
In short: The Richard A & Helene M Monaghan gave $486K across 1 grant in 2025 (avg $486K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $485,750
- +53.6% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $485,750
- +53.6% vs 2024
- Median grant
- $485,750
- Total assets
- $1,045,846
- -15.9% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Richard A & Helene M Monaghan funds
How this funder distributes its grants
Grant Size Distribution
47 grants across all recorded years
The most common grant size was under $50K: 39 grants of 47 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Richard A & Helene M Monaghan gives
- Giving grew 42% from 2022 to 2025. Method
- In 2025 it paid out 445% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $164K (2021) to $605K (2023). In 2025 it made 1 grant totaling $486K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached List Albany, NY | General Charitable Purposes | $485,750 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,045,846 | $525,091 | $494,490 | $485,750 | 1 | $485,750 | $251,968 | $109,165 |
| 2024 | $1,243,934 | $272,202 | $326,489 | $316,255 | 1 | $316,405 | $137,759 | $98,517 |
| 2023 | $1,377,184 | $480,266 | $616,685 | $604,900 | 27 | $604,900 | $166,147 | $94,668 |
| 2022 | $1,618,508 | $74,568 | $358,691 | $341,000 | 17 | $342,500 | $56,691 | $110,537 |
| 2021 | $1,902,631 | $53,620 | $180,900 | $164,350 | 1 | $164,350 | $35,486 | $129,284 |
| 2020 | $2,029,911 | $81,452 | $363,474 | $317,500 | 1 | — | $64,093 | $115,392 |
| 2019 | $2,311,934 | $932,031 | $354,342 | $336,800 | 1 | — | $912,882 | $111,615 |
Under IRS private-foundation payout rules, The Richard A & Helene M Monaghan reported a distributable amount of $109K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Richard A & Helene M Monaghan's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Helene M. Monaghan
Director
On filings since 2019
1 hr/week
No compensation reported
Richard A. Monaghan
Director
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Richard A & Helene M Monaghan
How much does The Richard A & Helene M Monaghan give each year?
The Richard A & Helene M Monaghan gave $486K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $316K across 1 grant.
How large is The Richard A & Helene M Monaghan?
The Richard A & Helene M Monaghan reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $486K in qualifying distributions that year, against a required minimum of $109K (roughly 5% of its investment assets).
Where does The Richard A & Helene M Monaghan operate?
The Richard A & Helene M Monaghan has awarded grants in District of Columbia, Florida, Iowa, Illinois, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, South Carolina.
What is The Richard A & Helene M Monaghan's EIN?
The Richard A & Helene M Monaghan's EIN (Employer Identification Number) is 04-6907347. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 15, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 3, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Richard A & Helene M Monaghan funds
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