The Richards Foundation
The Richards Foundation is a private foundation established in 1990 and located in Carrollton, Georgia. The organization is formally known as The Richards Foundation Inc., formerly known as the Roy Richards Jr. Fund for Charitable Giving. It holds 501(c)(3) tax-exempt status and has been tax-exempt since June 1991.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.9M
-20.4% YoY
Annual Giving
$2.4M
+141.7% YoY
Grant Count
18
+12.5% YoY
Avg Grant Size
$135K
+114.9% YoY
Grantmaking
The foundation is an active grantmaker with a demonstrated commitment to charitable giving. Recent grant activity includes:
Grant Range
s have ranged from approximately $38,000 (median) to $300,000 (maximum).
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states, including South Carolina, Georgia, and other regions, indicating a broad geographic reach beyond its home state.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $8,864,036
- Total Revenues: $1,858,124
- Total Expenses: $2,722,020
- Investment Income and Dividends: $219,713
As of Fiscal Year 2023:
- Total Assets: $11,137,037
- Total Giving: $1,005,000
- Total Revenues: $1,630,000
- Total Expenses: $1,130,000
- Total Liabilities: $0
The foundation has no employees and operates with volunteer leadership.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,864,036 | $11,137,037 | $9,307,943 |
| Revenue | $1,858,124 | $1,634,604 | $348,097 |
| Expenses | $2,722,020 | $1,128,999 | $1,036,201 |
| Qualifying Distributions | $2,430,132 | $1,009,005 | $871,885 |
| Net Investment Income | $1,510,559 | $1,496,962 | $208,664 |
| Distributable Amount | $418,938 | $456,407 | $2,069,651 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
108 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Roy Richards Jr.: Director (2 hours per week, no compensation listed)
- Judy Windom: Secretary (10 hours per week, no compensation listed)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROY RICHARDS JR | DIRECTOR | 2 | — |
| JUDY WINDOM | SECRETARY | 10 | — |
Contact Information
Mailing Address: PO Box 2545 Carrollton, GA 30112-0047
Telephone: 678-890-1101
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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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