P C Richard Foundation is located in Farmingdale, NY. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. P C Richard Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, P C Richard Foundation has awarded 13 individual grants totaling $153,233. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Gregg Richard President/part | 0 | $0 | |
| Cathy Winter Vp/part | 0 | $0 | |
| Phil Posillico Treasurer/part | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $0 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $50 | 
| Total operating and administrative expenses | $1,550 | 
| Contributions, gifts, grants paid | $67,500 | 
| Total expenses and disbursements | $69,050 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,918 | 
| Savings and temporary cash investments | $0 | 
| Net Accounts receivable | $0 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $0 | 
| Net other notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $125,918 | 
| Accounts payable and accrued expenses | $150 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $150 | 
Over the last fiscal year, P C Richard Foundation has awarded $67,500 in support to 4 organizations.
| Grant Recipient | Amount | 
|---|---|
| THE BOOK FAIRIES PURPOSE: PROVIDING BOOKS TO CHILDREN OF UNDER-RESOURCED COMMUNITIES | $25,000 | 
| WHIRLPOOL COLLECTIVE IMPACT FUND PURPOSE: AIDING IN THE BETTERMENT OF CHILDRENS ACADEMICS, HEALTH & WELLNESS. | $10,000 | 
| WORLD CENTRAL KITCHEN PURPOSE: TO PROVIDE MEALS FOR THOSE EFFECTED BY NATURAL DISASTERS | $25,000 | 
| MARTY LYONS FOUNDATION PURPOSE: SUPPORT FOR TERMINALLY ILL CHILDREN | $7,500 |