Jack L Richardson Charitable Foundation Inc
- Assets
- $782.2k
- Revenue
- $82.1k
- Investments
- $738.5k
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 07/2006
- Data as of
- 12/2022
- EIN
- 20-2595074
Organization Overview
Jack L Richardson Charitable Foundation Inc is located in Tulsa, OK. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Jack L Richardson Charitable Foundation Inc 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 12/2022, Jack L Richardson Charitable Foundation Inc generated $82.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 54.1% each year . All expenses for the organization totaled $65.4k during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jack L Richardson Charitable Foundation Inc has awarded 25 individual grants totaling $247,800. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Ellson President | 0 | $0 | |
Kelsey Ellson Treasurer | 0 | $0 | |
Trevor Ellson Director | 0 | $0 | |
Zachary Ellson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $66 |
| Dividends & Interest | $15,922 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $66,060 |
| Capital Gain Net Income | $66,060 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25 |
| Total Revenue | $82,073 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $468 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,689 |
| Total operating and administrative expenses | $18,432 |
| Contributions, gifts, grants paid | $47,000 |
| Total expenses and disbursements | $65,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,365 |
| Savings and temporary cash investments | $42,357 |
| 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 | $738,522 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $782,244 |
| 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, Jack L Richardson Charitable Foundation Inc has awarded $47,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CYSTIC FIBROSIS FOUNDATION - TULSA PURPOSE: PROVIDE FUNDS FOR CONTINUING RESEARCH AND TREATMENT OF CYSTIC FIBROSIS. | $23,500 |
FOLDS OF HONOR PURPOSE: PROVIDE FUNDS FOR THE SUPPORT OF MILITARY AND FIRST RESPONDERS. | $23,500 |