The Richard J and Frances B
The Richard J and Frances B is a private foundation, based in NORTHPORT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $48K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-3.4% YoY
Annual Giving
$48K
+36.3% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$7K
-2.7% YoY
Under IRS private-foundation payout rules, The Richard J and Frances B reported a distributable amount of $86K for 2024 — the minimum it must pay out in qualifying distributions.
About The Richard J and Frances B
Based on IRS filings
The Richard J and Frances B is a private foundation, based in NORTHPORT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $48K. Net investment income was $13K.
Ready to take the next step with The Richard J and Frances B?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,291,145 | $1,336,344 | $1,454,168 |
| Revenue | $73,421 | $26,615 | $30,635 |
| Expenses | $137,829 | $113,846 | $116,013 |
| Qualifying Distributions | $117,694 | $101,638 | $94,176 |
| Net Investment Income | $12,817 | $15,600 | $13,398 |
| Distributable Amount | $86,465 | $82,248 | $86,663 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 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 include Shalom ($29,900), The Dream Team of Northen Mi ($6,000), Special Olympics Michigan ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SHALOM KALAMAZOO, MI | GENERAL OPERATING | $29,900 |
| SPECIAL OLYMPICS MICHIGAN BLOOMFIELD, MI | GENERAL OPERATING | $3,000 |
| SOUTH CHICAGO PARENTS AND FRIENDS INC CHICAGO, IL | GENERAL OPERATING | $3,000 |
| HIS EYE ON THE SPARROW ANN ARBOR, MI | GENERAL OPERATION | $1,000 |
| ON MY OWN OF MICHIGAN TROY, MI | GENERAL OPERATING | $1,800 |
| FEELINLOVE FARM HOLLAND, MI | GENERAL OPERATING | $3,000 |
| THE DREAM TEAM OF NORTHEN MI TRAVERSE CITY, MI | GENERAL OPERATING | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD G SWIAT | PRESIDENT/TREASURER | — | — |
| SHELLY SWIAT | VICE PRES./SECRETARY | — | $53,139 |
| JAMES R SWIAT | TRUSTEE | — | — |
| SALLY J HANLEY | TRUSTEE | — | — |
Frequently Asked Questions
How large is The Richard J and Frances B?
As of 2024, The Richard J and Frances B holds $1.3M in total assets with $73K in annual revenue. It awarded 7 grants totaling $48K in 2024.
Where does The Richard J and Frances B operate?
The Richard J and Frances B has awarded grants in Illinois, Michigan, Wisconsin.
What size grants does The Richard J and Frances B award?
In 2024, The Richard J and Frances B awarded 7 grants totaling $48K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Richard J and Frances B required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richard J and Frances B reported a distributable amount of $86K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Richard J and Frances B's EIN?
The Richard J and Frances B's EIN (Employer Identification Number) is 38-2813470. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Richard J and Frances B's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Kadant Johnson Inc Scholarship Foun
THREE RIVERS, MI
Assets
—
Grants
3
Total Given
$5K
Thomas W Itin Charitable Trust
KEEGO HARBOR, MI
Assets
—
Grants
11
Total Given
$4K
Robert a Leonard Jr Charitable Trus
SOUTHFIELD, MI
Assets
—
Grants
2
Total Given
$11K
Homer Youth Athletic Association
TEKONSHA, MI
Assets
—
Grants
1
Total Given
$4K
Dr Shanti Swarup & Mrs Chawla Devi
TROY, MI
Assets
—
Grants
9
Total Given
$3K
Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
9
Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Richard J and Frances B on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Richard J and Frances B to a real strategy.