Paul K Richter Memorial Fund
- Assets
- $53.5m
- Revenue
- $1.7m
- Investments
- $51.8m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1900
- Data as of
- 12/2023
- EIN
- 36-6208740
Organization Overview
Paul K Richter Memorial Fund is located in Dallas, TX. The organization was established in 1900. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
Since 2017, Paul K Richter Memorial Fund has awarded 82 individual grants totaling $13,922,458. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,432,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $179,422 |
| Capital Gain Net Income | $179,422 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $62,689 |
| Total Revenue | $1,674,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $347,255 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48,808 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,843 |
| Total operating and administrative expenses | $575,791 |
| Contributions, gifts, grants paid | $2,685,000 |
| Total expenses and disbursements | $3,260,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,637,251 |
| 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 | $53,459,191 |
| 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, Paul K Richter Memorial Fund has awarded $2,685,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
DARTMOUTH COLLEGE PURPOSE: INTERNAL GRANTS FOR | $200,000 |
YALE UNIVERSITY PURPOSE: SCHOLARSHIP PROGRAM | $250,000 |
KNOX COLLEGE PURPOSE: RICHTER AWARDS | $210,000 |
NORTHWESTERN UNIVERSITY PURPOSE: SUPPORTS RICHTER DOCTORAL | $250,000 |
WAKE FOREST UNIVERSITY PURPOSE: RICHTER SCHOLAR PROGRAM | $200,000 |
SOUTHERN METHODIST UNIVERSITY PURPOSE: RICHTER FELLOWSHIP | $200,000 |