The Richmond Lee Downey Foundation
The Richmond Lee Downey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLIAMSPORT, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $292K in total assets. In 2024, it awarded 20 grants totaling $45K. Net investment income was $77K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$292K
-1.6% YoY
Annual Giving
$45K
+29.0% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$2K
+22.5% YoY
Under IRS private-foundation payout rules, The Richmond Lee Downey Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About The Richmond Lee Downey Foundation
Based on IRS filings
The Richmond Lee Downey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLIAMSPORT, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $292K in total assets. In 2024, it awarded 20 grants totaling $45K. Net investment income was $77K.
Focus Areas
Ready to take the next step with The Richmond Lee Downey Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $292,230 | $296,957 | $283,736 |
| Revenue | $40,964 | $48,909 | $47,821 |
| Expenses | $45,691 | $35,688 | $35,388 |
| Qualifying Distributions | $45,691 | $35,485 | $34,405 |
| Net Investment Income | $76,984 | $20,806 | $42,216 |
| Distributable Amount | $19,195 | $16,293 | $16,899 |
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
94 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Free Clinic ($4,000), Williamsport Food Bank ($4,000), Boys and Girls Club of Washington C ($3,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BIG BROTHERS BIG SISTERS OF HAGERSTOWN, MD | GENERAL FUND | $2,000 |
| BOYS AND GIRLS CLUB OF WASHINGTON C HAGERSTOWN, MD | GENERAL FUND | $3,500 |
| BROOKE'S HOUSE INC HAGERSTOWN, MD | GENERAL FUND | $1,000 |
| CHILDREN'S VILLAGE OF WASHINGTON CO HAGERSTOWN, MD | GENERAL FUND | $2,000 |
| COMMUNITY FREE CLINIC HAGERSTOWN, MD | GENERAL FUND | $4,000 |
| DISCOVERY STATION AT HAGERSTOWN IN HAGERSTOWN, MD | GENERAL FUND | $1,000 |
| FIRST CHRISTIAN CHURCH HAGERSTOWN, MD | GENERAL FUND | $3,000 |
| FRIENDS OF THE WASHINGTON COUNTY BOONSBORO, MD | GENERAL FUND | $1,500 |
| FRIENDS OF TROOP 17 CHARITABLE TRUS WILLIAMSPORT, MD | GENERAL FUND | $1,000 |
| GIRLS INCORPORATED OF WASHINGTON CO HAGERSTOWN, MD | GENERAL FUND | $3,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R LEE DOWNEY | PRESIDENT/TR | — | — |
| ANN MARIE DOWNEY | TRUSTEE | — | — |
| LEON R CATLETT | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Richmond Lee Downey Foundation?
The Richmond Lee Downey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLIAMSPORT, MD. It holds $292K in total assets as of 2024.
How large is The Richmond Lee Downey Foundation?
As of 2024, The Richmond Lee Downey Foundation holds $292K in total assets with $41K in annual revenue. It awarded 20 grants totaling $45K in 2024.
Where does The Richmond Lee Downey Foundation operate?
The Richmond Lee Downey Foundation has awarded grants in Maryland.
What size grants does The Richmond Lee Downey Foundation award?
In 2024, The Richmond Lee Downey Foundation awarded 20 grants totaling $45K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Richmond Lee Downey Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richmond Lee Downey Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Richmond Lee Downey Foundation's EIN?
The Richmond Lee Downey Foundation's EIN (Employer Identification Number) is 52-2036159. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Richmond Lee Downey Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Abell Foundation Inc
BALTIMORE, MD
Assets
$296.4M
Grants
391
Total Given
$13.4M
Rotary Club of Columbia Patuxent
COLUMBIA, MD
Assets
$376K
Grants
1
Total Given
$12K
American Federation for Children Growth
COLUMBIA, MD
Assets
$9.4M
Grants
11
Total Given
$2.4M
Mayfield Scholastic Ltd
BALTIMORE, MD
Assets
—
Grants
1
Total Given
$38K
Baltimore Curriculum Project Inc
BALTIMORE, MD
Assets
$17.3M
Grants
6
Total Given
$2.7M
Government Employees' Benefit
HANOVER, MD
Assets
$3K
Grants
43
Total Given
$108K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Richmond Lee Downey Foundation 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 Richmond Lee Downey Foundation to a real strategy.