The A E And Jaunita Richardson Charitable Foundation is located in Nowata, OK. The organization was established in 1999. 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. A E And Jaunita Richardson Charitable 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, A E And Jaunita Richardson Charitable Foundation generated $597.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $348.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, A E And Jaunita Richardson Charitable Foundation has awarded 107 individual grants totaling $1,424,311. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phyllis Willis Trustee | 2 | $2,400 | |
Sandra Moore Trustee | 2 | $2,400 | |
Colleen A Park Trustee | 2 | $2,400 | |
Linda Mills Trustee | 2 | $2,400 | |
Todd Cone Trustee | 2 | $2,400 | |
John Riner Trustee | 2 | $2,400 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $53,222 |
| Dividends & Interest | $63,013 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $480,779 |
| Capital Gain Net Income | $480,779 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $597,014 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $462 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,290 |
| Total operating and administrative expenses | $57,797 |
| Contributions, gifts, grants paid | $290,373 |
| Total expenses and disbursements | $348,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $222,292 |
| Savings and temporary cash investments | $0 |
| 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 | $4,302,607 |
| 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, The A E And Jaunita Richardson Charitable Foundation has awarded $290,373 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BARTLESVILLE COMMUNITY FOUNDATION PURPOSE: CAROLYN CONE SCHOLARSHIP FUND | $1,000 |
BOYS AND GIRLS CLUB OF NOWATA PURPOSE: CAPITAL CAMPAIGN AND GENERAL SUPPORT | $30,000 |
CITY OF NOWATA PURPOSE: GENERAL SUPPORT | $73,248 |
COOKSON HILLS CHRISTIAN SCHOOL PURPOSE: GENERAL SUPPORT | $50,000 |
CORNERSTONE COMMUNITY CHURCH PURPOSE: GENERAL SUPPORT | $3,000 |
HILLSIDE CHRISTIAN CHURCH PURPOSE: GOOD SAMARITAN FUND | $17,500 |