Robert B & Pearl P Richardson Charitable Trust is located in Milwaukee, WI. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Robert B & Pearl P Richardson Charitable Trust 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, Robert B & Pearl P Richardson Charitable Trust generated $351.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $295.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert B & Pearl P Richardson Charitable Trust has awarded 69 individual grants totaling $1,819,298. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $133,421 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $217,525 |
| Capital Gain Net Income | $217,525 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $223 |
| Total Revenue | $351,169 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,806 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,507 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $65,813 |
| Contributions, gifts, grants paid | $229,500 |
| Total expenses and disbursements | $295,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $142,912 |
| 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 | $3,856,460 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,261 |
| Total assets | $4,590,595 |
| 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 |
Over the last fiscal year, Robert B & Pearl P Richardson Charitable Trust has awarded $229,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: GENERAL OPERATING | $25,500 |
BUFFALO HART PRESBYTERIAN CHURCH PURPOSE: GENERAL OPERATING | $25,500 |
REGENTS OF UNIVERSITY OF MICHIGAN PURPOSE: GENERAL OPERATING | $25,500 |
SHODAIR CHILDREN'S HOSPITAL PURPOSE: GENERAL OPERATING | $25,500 |
PEO FOUNDATION PURPOSE: GENERAL OPERATING | $17,000 |
FIRST PRESBYTERIAN CHURCH HELENA PURPOSE: GENERAL OPERATING | $51,000 |