The Richard Petritz Foundation

Foundation · Grantmaker Colorado Springs, CO EIN: 84-1523842

The Richard Petritz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Colorado Springs, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $82K. Net investment income was $72K.

Key facts about The Richard Petritz Foundation

EIN: 84-1523842
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $82,000
Grants made (2024): 4
Average grant: $20,500
Median grant: $5,000
Total assets: $1,498,558
Primary geography: Colorado (94% of itemized 2024 grant dollars)

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

Who The Richard Petritz Foundation funds

By grant dollars, the top recipient states for The Richard Petritz Foundation's 4 itemized 2024 grants were Colorado (94%) and Massachusetts (6%). The most frequent recipient cities were Colorado Springs, CO (2 grants). None of its 4 grants with a stated purpose were described as general or operating support.

How The Richard Petritz Foundation gives

Giving grew 21% from 2021 to 2024. Method
In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Richard Petritz Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-4.9% YoY

Annual Giving

$82K

-9.4% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$21K

-54.7% YoY

Under IRS private-foundation payout rules, The Richard Petritz Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.

About The Richard Petritz 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

Colorado $77K (94%)

Massachusetts $5K (6%)

Share of all 4 itemized 2024 grant dollars.

States

Alabama Colorado Massachusetts Missouri

Cities

Colorado SpringsPuebloDenverEnglewoodMccallaSaint LouisSomerville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,498,558	$1,576,238	$1,601,122
Revenue	$72,140	$132,916	$89,113
Expenses	$110,348	$156,721	$107,082
Qualifying Distributions	$121,158	$130,867	$89,236
Net Investment Income	$72,140	$132,916	$89,113
Distributable Amount	$113,241	$106,397	$113,153

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 4 recipients in 2024

Grant Size Distribution

22 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Southern Co Community Foundation ($71,500), Greentown Labs ($5,000), Forge Evolution ($5,000).

Recipient	Purpose	Amount
SOUTHERN CO COMMUNITY FOUNDATION Pueblo, CO	Fund DAF for Charitable Purposes	$71,500
GREENTOWN LABS Somerville, MA	Support Entrepreneurship Education	$5,000
FORGE EVOLUTION Colorado Springs, CO	Operations	$5,000
COLO SPGS WORLD AFFAIRS COUNCIL Colorado Springs, CO	Operations	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Pamela P Cooper	President	10	$5,000
Jeffrey M Cooper	Secretary	1	—
Madeleine J Cooper	Director	1	—
R Dylan Cooper	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Richard Petritz Foundation?

The Richard Petritz Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Colorado Springs, CO. It holds $1.5M in total assets as of 2024.

How large is The Richard Petritz Foundation?

As of 2024, The Richard Petritz Foundation holds $1.5M in total assets with $72K in annual revenue. It awarded 4 grants totaling $82K in 2024.

Where does The Richard Petritz Foundation operate?

The Richard Petritz Foundation has awarded grants in Alabama, Colorado, Massachusetts, Missouri.

What size grants does The Richard Petritz Foundation award?

In 2024, The Richard Petritz Foundation awarded 4 grants totaling $82K — an average of about $21K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richard Petritz Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Richard Petritz Foundation's EIN?

The Richard Petritz Foundation's EIN (Employer Identification Number) is 84-1523842. IRS Form 990 filing data is available on this page for 2020–2024.