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Filing year 2024

LOUISE W AND LUTHER W RICHARDSON CHARITABLE FOUNDATION

Tuscaloosa, Alabama·EIN 20-6120980·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$69k
Total assets
$2.1M
Total expenses
$109k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. LOUISE W AND LUTHER W RICHARDSON CHARITABLE FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$85k

Itemized grants

8

Median grant

$8k

RecipientLocationPurposeAmount
CHRIST EPISCOPAL CHURCHTUSCALOOSA, ALGENERAL OPERATIONS$26k
MONTEAGLE ASSEMBLY ENDOWMENT FUND CORPORATIONMONTEAGLE, TNTO SUPPORT THE ORGANIZATION'S MISSION TO ENHANCE SUNDAY SCHOOL PROGRAMS$25k
HISTORIC TUSCALOOSATUSCALOOSA, ALGENERAL OPERATIONS$10k
CHIEF AND CALLA BELL SCHOLARSHIP FOUNDATIONFLAT ROCK, NCGENERAL OPERATIONS$10k
UNIVERSITY OF ALABAMATUSCALOOSA, ALGENERAL OPEARTIONS$5k
ST THOMAS EPISCOPAL - BURNSVILLE NCBURNSVILLE, NCGENERAL OPERATIONS$5k
RISE PROGRAMTUSCALOOSA, ALDEVELOPMENT FUND$3k
MAGIC MOMENTSBIRMINGHAM, ALGENERAL OPERATIONS$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

LOUISE W AND LUTHER W RICHARDSON CHARITABLE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$16k
$100k
2023
$69k
$109k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Alabama

LOUISE W AND LUTHER W RICHARDSON CHARITABLE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Alabama earns a median of $10,858.

25th percentile
$5k
Median
$10,858
75th percentile
$33k
90th percentile
$98k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 513 organizations across 513 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Alabama
FAQ

Common questions about LOUISE W AND LUTHER W RICHARDSON CHARITABLE FOUNDATION

What are LOUISE W AND LUTHER W RICHARDSON CHARITABLE FOUNDATION's revenue and expenses?

In 2024, LOUISE W AND LUTHER W RICHARDSON CHARITABLE FOUNDATION reported $69k in total revenue and $109k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.