Richter Family Foundation

Organization Overview

Richter Family Foundation is located in Glendale, CA. The organization was established in 2015. 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. Richter Family 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 12/2021, Richter Family Foundation generated $394.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $269.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Richter Family Foundation has awarded 194 individual grants totaling $1,685,000. 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)Compensation
Kurt Richter
Director
$0
Alfred Richter
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $151,332
Interest on Savings $19,721
Dividends & Interest $25,576
Net Rental Income$0
Net Gain on Sale of Assets $197,397
Capital Gain Net Income $197,397
Net ST Capital Gain $6,696
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $394,026

Grants Awarded

Over the last fiscal year, Richter Family Foundation has awarded $260,000 in support to 29 organizations.

Grant RecipientAmount

Federal Way, WA

PURPOSE: SUPPORT CHARITABLE MISSION

$15,000

SALVATION ARMY

PURPOSE: SUPPORT CHARITABLE MISSION

$15,000

MAYO CLINIC CANCER DRIVE

PURPOSE: SUPPORT CHARITABLE MISSION

$15,000

DOOR OF HOPE

PURPOSE: SUPPORT CHARITABLE MISSION

$15,000

HILLSDALE COLLEGE

Org PageRecipient Profile

Hillsdale, MI

PURPOSE: SUPPORT CHARITABLE MISSION

$15,000

UNION RESCUE MISSION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: SUPPORT CHARITABLE MISSION

$15,000
View Grant Profile

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