The Richard Foundation

ORLANDO, FL EIN: 13-6083721

The Richard Foundation is a private foundation established in 1948 and granted tax-exempt status in November 1949. Based in Orlando, Florida, the foundation operates as an independent grantmaking organization with the primary purpose of assisting donee organizations to achieve their charitable purposes.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.1M

+9.2% YoY

Annual Giving

$260K

+0.8% YoY

Grant Count

62

+17.0% YoY

Avg Grant Size

$4K

-13.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The Richard Foundation made 68 grants in 2024, with total giving of $260,337. Grant amounts typically range from $399 to $25,000.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking extends across multiple states, with documented giving in Florida, Kentucky, and California.

Grant Distribution by State

25states
+17 more states

Cities

BaltimoreBirmingtonBostonBronxBurlingtonCamdenCharlottesvilleCodyDorchesterDoverEurekaFlemingtonGrotonHacienda HeightsHawiKamuelaKapaauKeaauKeeneKennesburg

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $5,148,384
  • Total Revenues: $757,654
  • Total Expenses: $325,702
  • Total Giving: $260,337

The foundation operates with no employees and maintains a lean operational structure focused on grantmaking activities.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$208K$417K$625K$833K20202021202220232024
Metric202420232022
Total Assets$5,148,384$4,716,432$4,891,035
Revenue$757,654$142,323$320,504
Expenses$325,702$316,926$323,949
Qualifying Distributions$267,837$265,649$266,841
Net Investment Income$695,843$100,999$263,516
Distributable Amount$266,233$254,196$261,023

Giving Over Time

Total grant dollars and number of grants per year

$0$70K$140K$209K$279K39 grants202064 grants202169 grants202253 grants202362 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Planned Parenthood$25KBach Festival Society$10KNew Horizons Caregivers …$10KYork County Family Fund$10KLexington School$10KMiddle Tennessee State U…$10KUndue Medical Debt$10KBerwick Academy$8KRollins College$8KThe Satanic Temple$7K

Grant Size Distribution

239 grants across all recorded years

239<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Zachary Richard, President
  • Virginia Susi, Treasurer & Vice President
  • Virginia Richard, Vice President

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Zachary RichardPresident
Virginia SusiTreasurer2
Virginia RichardVice President
Phyllis FrittsVice President
Jeremy Wood SrVice President
Roy StephensVice President
James A FrittsVice President
Garret FrittsVice President
Jeremy Wood JrVice President

Contact Information

Address: 2929 Dorell Ave, Orlando, FL 32814-6758

Phone: 321-217-8580

EIN: 13-6083721

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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