Laurie And Jim Richter Family Foundation
- Assets
- $382.3k
- Revenue
- $12.1k
- Investments
- $365.5k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4492367
Organization Overview
Laurie And Jim Richter Family Foundation is located in Chicago, IL. The organization was established in 2017. 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. Laurie And Jim 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 12/2022, Laurie And Jim Richter Family Foundation generated $12.1k 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 (34.2%) each year.
Since 2017, Laurie And Jim Richter Family Foundation has awarded 160 individual grants totaling $140,248. 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 |
|---|---|---|---|
James Richter President | 1 | $0 | |
Laurie Richter Vice President | 1 | $0 | |
Dylan Richter Director | 1 | $0 | |
Brady Richter Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,145 |
| Dividends & Interest | $8,139 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$169 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $816 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,284 |
| Total operating and administrative expenses | $6,261 |
| Contributions, gifts, grants paid | $20,662 |
| Total expenses and disbursements | $26,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,772 |
| 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 | $365,487 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $382,259 |
| 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, Laurie And Jim Richter Family Foundation has awarded $20,662 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
WILLOW HOUSE PURPOSE: PROVIDE CRITICAL GRIEF SUPPORT SERVICES. | $515 |
SALVATION ARMY PURPOSE: HELPING MEMBERS OF THE COMMUNITY WITH FOOD, SHELTER, AND CLOTHING. | $1,040 |
RENAISSANCE SOCIAL SERVICES PURPOSE: TO END HOMELESSNESS IN CHICAGO BY PREVENTION, HOUSING, AND SUPPORTIVE SERVICES. | $510 |
GUN VIOLENCE PREVENTION GPAC PURPOSE: PREVENT GUN VIOLENCE. | $2,581 |
CASA LAKE COUNTY INC PURPOSE: SERVING AS A CHILD'S ADVOCATE AND REPRESENTING THEM IN JUVENILE COURT. | $5,075 |
NORTH SHORE UNITARY CHURCH PURPOSE: GROUNDED IN LOVE, GUIDED BY REASON, COMMITTED TO SPIRITUAL GROWTH, STRIVING FOR JUSTICE | $1,600 |