Leslie J & Janie D Richard Foundation
- Assets
- $517.4k
- Revenue
- $50.5k
- Investments
- $420.0k
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 05/1978
- Data as of
- 12/2022
- EIN
- 63-0738748
Organization Overview
Leslie J & Janie D Richard Foundation is located in Mobile, AL. The organization was established in 1978. 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. Leslie J & Janie D 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.
For the year ending 12/2022, Leslie J & Janie D Richard Foundation generated $50.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $44.9k during the year ending 12/2022. While expenses have increased by 0.1% per year over the past 7 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, Leslie J & Janie D Richard Foundation has awarded 77 individual grants totaling $200,323. 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 |
|---|---|---|---|
George S Leatherbury V Trustee | 0.1 | $0 | |
Leslie J Colglazier Trustee | 0.1 | $0 | |
Elizabeth C Doggett Trustee | 0.1 | $0 | |
Morgan Stanley Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,063 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,889 |
| Capital Gain Net Income | $20,889 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,551 |
| Total Revenue | $50,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,323 |
| Depreciation | $1,583 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,827 |
| Total operating and administrative expenses | $10,947 |
| Contributions, gifts, grants paid | $34,000 |
| Total expenses and disbursements | $44,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,239 |
| 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 | $56,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $87,220 |
| Total assets | $517,422 |
| 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, Leslie J & Janie D Richard Foundation has awarded $34,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FAIRHOPE-POINT CLEAR ROTARY YOUTH PROGRAM PURPOSE: OPERATING FUND | $6,000 |
MARIGNY OPERA HOUSE PURPOSE: OPERATING FUND | $3,150 |
MCKEMIE PLACE PURPOSE: OPERATING FUND | $3,000 |
MULHERIN CUSTODIAL HOME PURPOSE: OPERATING FUND | $1,000 |
NEW ORLEANS AIRLIFT PURPOSE: OPERATING FUND | $2,500 |
PILOTS FOR CHRIST PURPOSE: OPERATING FUND | $1,150 |