The Richardson Foundation

Foundation · Grantmaker Nashville, TN EIN: 62-1179433

The Richardson Foundation is a private foundation, based in Nashville, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $708K in total assets. In 2024, it awarded 9 grants totaling $45K. Net investment income was $18K.

Key facts about The Richardson Foundation

EIN: 62-1179433
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $45,000
Grants made (2024): 9
Average grant: $5,000
Median grant: $2,500
Total assets: $707,614
Primary geography: Florida (58% of itemized 2024 grant dollars)

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

Who The Richardson Foundation funds

By grant dollars, the top recipient states for The Richardson Foundation's 9 itemized 2024 grants were Florida (58%) and Tennessee (42%). The most frequent recipient cities were Nashville, TN (4 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Charity" (9 grants).

How The Richardson Foundation gives

Giving grew 50% from 2021 to 2024. Method
In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Richardson Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$708K

-3.2% YoY

Annual Giving

$45K

+200.0% YoY

Grant Count

+80.0% YoY

Avg Grant Size

$5K

+66.7% YoY

Under IRS private-foundation payout rules, The Richardson Foundation reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About The Richardson Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $26K (58%)

Tennessee $19K (42%)

Share of all 9 itemized 2024 grant dollars.

States

Florida Tennessee

Cities

NashvilleKey WestHermitageMarco IslandNaplesMt Juliet

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$707,614	$730,661	$709,783
Revenue	$25,760	$51,644	$131,447
Expenses	$54,892	$25,024	$53,696
Qualifying Distributions	$45,000	$15,000	$42,000
Net Investment Income	$18,133	$44,748	$125,048
Distributable Amount	$43,937	$39,304	$39,239

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 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 9 recipients in 2024

Grant Size Distribution

42 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Florida Keys Society for Prevention ($14,000), Second Harvest Food Bank-Middle TN ($10,000), Avow Hospice ($6,000).

Recipient	Purpose	Amount
FLORIDA KEYS SOCIETY FOR PREVENTION Key West, FL	TO SUPPORT CHARITY	$14,000
SECOND HARVEST FOOD BANK-MIDDLE TN Nashville, TN	TO SUPPORT CHARITY	$10,000
AVOW HOSPICE Naples, FL	TO SUPPORT CHARITY	$6,000
OUR DAILY BREAD FOOD PANTRY Marco Island, FL	TO SUPPORT CHARITY	$6,000
PET COMMUNITY CENTER Nashville, TN	TO SUPPORT CHARITY	$2,500
CMA FOUNDATION Nashville, TN	TO SUPPORT CHARITY	$2,500
NASHVILLE CAT RESCUE Nashville, TN	TO SUPPORT CHARITY	$2,000
CUMBERLAND HEIGHTS Hermitage, TN	TO SUPPORT CHARITY	$1,000
TRUE RESCUE Mt Juliet, TN	TO SUPPORT CHARITY	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Equitable Trust Company	Suc Ttee	4	$7,627
Jean Ellen R Cheek	Trust Commit	4	—
Gayle R Eadie	Trust Commit	4	—
Walter E Richardson III	Trust Commit	4	—
James R Lattimore Jr	Trust Commit	4	—
L Glenn Worley	Trust Commit	4	—

Frequently Asked Questions

How large is The Richardson Foundation?

As of 2024, The Richardson Foundation holds $708K in total assets with $26K in annual revenue. It awarded 9 grants totaling $45K in 2024.

Where does The Richardson Foundation operate?

The Richardson Foundation has awarded grants in Florida, Tennessee.

What size grants does The Richardson Foundation award?

In 2024, The Richardson Foundation awarded 9 grants totaling $45K — an average of about $5K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richardson Foundation reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.