Richenthal Foundation
- Assets
- $8.3m
- Revenue
- $336.0k
- Investments
- $8.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1963
- Data as of
- 12/2023
- EIN
- 13-6113616
Organization Overview
Richenthal Foundation is located in New York, NY. The organization was established in 1963. 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. Richenthal Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Richenthal Foundation generated $336.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $933.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Richenthal Foundation has awarded 361 individual grants totaling $2,659,678. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DOES NOT OPERATE DIRECT CHARITABLE ACTIVITIESTHE FOUNDATION FUNDS VARIOUS OPERATING CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Bronston Trustee | 3 | $2,000 | |
Peter Graham Trustee | 3 | $2,000 | |
Dovie F Wingard Trustee | 3 | $2,000 | |
Liana Stampur Trustee | 3 | $2,000 | |
Michael Taubman Trustee | 3 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,319 |
| Dividends & Interest | $220,320 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $75,303 |
| Capital Gain Net Income | $94,883 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37,021 |
| Total Revenue | $335,963 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,000 |
| Other employee salaries and wages | $236,206 |
| Pension plans, employee benefits | $72,676 |
| Interest | $0 |
| Taxes | $3,700 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,647 |
| Printing and publications | $0 |
| Other expenses | $18,440 |
| Total operating and administrative expenses | $452,918 |
| Contributions, gifts, grants paid | $480,463 |
| Total expenses and disbursements | $933,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $101,244 |
| 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 | $8,272,797 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Richenthal Foundation has awarded $537,976 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
3GENERATIONS INC PURPOSE: GENERAL OPERATING PURPOSES | $5,000 |
AMERICAN BALLET THEATRE PURPOSE: GENERAL OPERATING PURPOSES | $2,500 |
ACTION FOR HOPE PURPOSE: GENERAL OPERATING (EXPENDITURE RESPONSIBILITY) | $5,000 |
ARS NOVA PURPOSE: GENERAL OPERATING PURPOSES | $12,500 |
ADIRONDACK COUNCIL PURPOSE: GENERAL OPERATING PURPOSES | $1,000 |
ATLANTIC THEATER CO PURPOSE: GENERAL OPERATING PURPOSES | $10,000 |