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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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