The Richter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENDALE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 28 grants totaling $245K. Net investment income was $84K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+8.7% YoY
Annual Giving
$245K
-3.9% YoY
Grant Count
28
+7.7% YoY
Avg Grant Size
$9K
-10.8% YoY
Under IRS private-foundation payout rules, The Richter Family Foundation reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.
About The Richter Family Foundation
Based on IRS filings
The Richter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENDALE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 28 grants totaling $245K. Net investment income was $84K.
Focus Areas
Ready to take the next step with The Richter Family Foundation?
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 | $1,527,914 | $1,405,610 | $1,409,887 |
| Revenue | $383,119 | $262,791 | $214,585 |
| Expenses | $259,243 | $266,645 | $284,591 |
| Qualifying Distributions | $245,000 | $255,000 | $270,000 |
| Net Investment Income | $84,263 | $41,769 | $99,994 |
| Distributable Amount | $90,185 | $60,038 | $60,771 |
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
141 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salvation Army ($15,000), Union Rescue Mission ($15,000), Hillsdale College ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WORLD VISION INC FEDERAL WAY, WA | SUPPORT CHARITABLE MISSION | $10,000 |
| SALVATION ARMY LOS ANGELES, CA | SUPPORT CHARITABLE MISSION | $15,000 |
| UNION RESCUE MISSION LOS ANGELES, CA | SUPPORT CHARITABLE MISSION | $15,000 |
| RONALD REAGAN PRES FOUNDATION SIMI VALLEY, CA | SUPPORT CHARITABLE MISSION | $10,000 |
| SMILE TRAIN NEW YORK, NY | SUPPORT CHARITABLE MISSION | $5,000 |
| PRAGER UNIVERSITY VENTURA BLVD, CA | SUPPORT CHARITABLE MISSION | $10,000 |
| MAYO CLINIC CANCER DRIVE ROCHTESTER, MN | SUPPORT CHARITABLE MISSION | $5,000 |
| HILLSDALE COLLEGE HILLSDALE, MI | SUPPORT CHARITABLE MISSION | $15,000 |
| DOOR OF HOPE PASADENA, CA | SUPPORT CHARITABLE MISSION | $15,000 |
| GLENDORA PUBLIC LIBRARY GLENDORA, CA | SUPPORT CHARITABLE MISSION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALFRED RICHTER | Trustee | 1 | — |
| KURT RICHTER | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Richter Family Foundation?
The Richter Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENDALE, CA. It holds $1.5M in total assets as of 2024.
How large is The Richter Family Foundation?
As of 2024, The Richter Family Foundation holds $1.5M in total assets with $383K in annual revenue. It awarded 28 grants totaling $245K in 2024.
Where does The Richter Family Foundation operate?
The Richter Family Foundation has awarded grants in California, Michigan, Minnesota, New York, Tennessee, Washington.
What size grants does The Richter Family Foundation award?
In 2024, The Richter Family Foundation awarded 28 grants totaling $245K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Richter Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richter Family Foundation reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Richter Family Foundation's EIN?
The Richter Family Foundation's EIN (Employer Identification Number) is 61-1750370. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Richter Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Gochnauer Family Foundation
CORONA DEL MAR, CA
Assets
$15.2M
Grants
39
Total Given
$313K
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Richter Family 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 Richter Family Foundation to a real strategy.