The Richter Foundation Inc

Private foundation · Grantmaker Charlotte, NC EIN: 56-6057552

The Richter Foundation Inc is a private foundation, based in Charlotte, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $936 in total assets. In 2025, it awarded 3 grants totaling $5K.

Key facts about The Richter Foundation Inc

In short: The Richter Foundation Inc gave $5K across 3 grants in 2025 (avg $2K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.

EIN
56-6057552
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$5,400
Grants made (2025)
3
Average grant
$1,800
Median grant
$1,500
Total assets
$936
Primary geography
North Carolina (72% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$936

-8.9% YoY

Annual Giving

$5K

+10.2% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$2K

-26.5% YoY

Under IRS private-foundation payout rules, The Richter Foundation Inc reported a distributable amount of $59 for 2025 — the minimum it must pay out in qualifying distributions.

How The Richter Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+16%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

CharlotteSpartanburg

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K3 grants2019 2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $5K (2020) to $5K (2025). In 2025 it made 3 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Temple Beth El: $3KTemple Beth El$3KWofford College: $2KWofford College$2KWards Foundation: $500Wards Foundation$500

The largest 2025 recipient was Temple Beth El ($3K). Together the top 3 received $5K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Temple Beth El Charlotte, NCReligious$3,400
Wofford College Spartanburg, SCEducational$1,500
Wards Foundation Charlotte, NCMedical Support$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$2K$4K$6K$8K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$936$1,028$920
Revenue$5,500$5,200$5,172
Expenses$5,592$5,092$4,864
Qualifying Distributions$5,496$4,996$4,768
Distributable Amount$59$62$45

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS March 2, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Richter Foundation Inc is led by Lloyd Richter, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lloyd Richter

    President

    On filings since 2019

    No compensation reported

  • Benjamin Richter

    Vice President Secretary

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Richter Foundation Inc

How much does The Richter Foundation Inc give each year?

The Richter Foundation Inc gave $5K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 2 grants.

What is The Richter Foundation Inc's typical grant size?

The Richter Foundation Inc's median grant in 2025 was $1,500, and its average grant was $1,800, across 3 grants on its 2025 IRS Form 990-PF.

Where does The Richter Foundation Inc give grants?

The Richter Foundation Inc gives mostly in North Carolina: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was South Carolina (28%). The most frequent recipient cities were Charlotte, NC (2 grants).

Does The Richter Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The Richter Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

How large is The Richter Foundation Inc?

The Richter Foundation Inc reported $936 in total assets on its 2025 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $59 (roughly 5% of its investment assets).

What is The Richter Foundation Inc's EIN?

The Richter Foundation Inc's EIN (Employer Identification Number) is 56-6057552. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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