Victor M Richel Family Foundation Inc
Victor M Richel Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELIZABETH, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 5 grants totaling $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-57.7% YoY
Annual Giving
$3K
-83.1% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$520
-86.5% YoY
About Victor M Richel Family Foundation Inc
Based on IRS filings
Victor M Richel Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELIZABETH, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 5 grants totaling $3K.
Focus Areas
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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 | $10,411 | $24,606 | $27,390 |
| Revenue | $2,100 | $15,628 | $61,576 |
| Expenses | $16,295 | $18,412 | $47,257 |
| Qualifying Distributions | $7,175 | $16,417 | $45,266 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Union County College Fdn ($2,200), Sisters of Charity of St Eliz ($100), Trinitas Health Foundation ($100).
| Recipient | Purpose | Amount |
|---|---|---|
| SISTERS OF CHARITY OF ST ELIZ CONVENT STATION, NJ | DONATION | $100 |
| TRINITAS HEALTH FOUNDATION PO BOX, NJ | HOSPITAL/MEDICAL CENTER DONATION | $100 |
| UNION COUNTY COLLEGE FDN CRANFORD NJ, NJ | SCHOLARSHIP | $2,200 |
| RWJ BARNABAS HEALTH ELIZABETH, NJ | HOSPITAL/MEDICAL CENTER DONATION | $100 |
| NORTHFIELD LEARNING CENTER NORTHFIELD, NJ | DONATION | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTOR M RICHEL | Director | — | — |
| ANDREA RICHEL | Director | — | — |
| JOHN D RICHEL | Director | — | — |
| DAVID L RICHEL | Director | — | — |
| SUSAN R MARCHELITIS | Director | — | — |
| DENISE COLLINS | ASST. SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Victor M Richel Family Foundation Inc?
Victor M Richel Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELIZABETH, NJ. It holds $10K in total assets as of 2024.
How large is Victor M Richel Family Foundation Inc?
As of 2024, Victor M Richel Family Foundation Inc holds $10K in total assets with $2K in annual revenue. It awarded 5 grants totaling $3K in 2024.
Where does Victor M Richel Family Foundation Inc operate?
Victor M Richel Family Foundation Inc has awarded grants in Kansas, New Jersey, New York, Pennsylvania.
What size grants does Victor M Richel Family Foundation Inc award?
In 2024, Victor M Richel Family Foundation Inc awarded 5 grants totaling $3K — an average of about $520 per grant, based on its IRS Form 990 filings.
What is Victor M Richel Family Foundation Inc's EIN?
Victor M Richel Family Foundation Inc's EIN (Employer Identification Number) is 22-3681344. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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