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Filing year 2023

THE RICH FOUNDATION INC

Atlanta, Georgia·EIN 58-6038037·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1M
Total assets
$53.3M
Total expenses
$3M
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Georgia.

Executive Director
Median to 75th percentile
$169k
$182k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE RICH FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$2.5M

Itemized grants

54

Median grant

$50k

RecipientLocationPurposeAmount
ROBERT W WOODRUFF ARTS CENTER INCATLANTA, GAGENERAL OPERATIONS$150k
ATLANTA COMMUNITY FOOD BANKEAST POINT, GAFIRST PAYMENT OF A TWO YEAR COMMITMENT PLUS DISCRETIONARY$105k
ATLANTA SPEECH SCHOOLATLANTA, GAFINAL PLEDGE$100k
ATLANTA BOTANICAL GARDEN INCATLANTA, GAFIRST PAYMENT OF A TWO YEAR COMMITMENT$100k
ATLANTA EDUCATIONAL FOR WABEATLANTA, GAFINAL PLEDGE$100k
CAMP TWIN LAKESATLANTA, GAGENERAL OPERATIONS$100k
GRADY HEALTH FOUNDATIONATLANTA, GAGENERAL OPERATIONS$100k
NATIONAL CENTER FOR CIVIL & HUMAN RIGHTSATLANTA, GAFIRST PAYMENT OF A TWO YEAR COMMITMENT$100k
PIEDMONT HEALTHCARE FOUNDATIONATLANTA, GAFINAL PLEDGE$100k
ROBERT W WOODRUFF ARTS CENTER INCATLANTA, GAFOR THE BENEFIT OF THE ALLIANCE THEATRE$100k
SHEPHERD CENTER FOUNDATIONATLANTA, GA3RD OF 5 PLEDGE PAYMENTS$100k
THE TEMPLE-HEBREW BENEVOLENTATLANTA, GAFIRST PAYMENT OF THREE YEAR PLEDGE$100k
GEORGE WEST MENTAL HEALTHATLANTA, GAGENERAL OPERATIONS$55k
ANTI-DEFAMATION LEAGUEATLANTA, GAFINAL PLEDGE$50k
ATLANTA OPERAATLANTA, GAGENERAL OPERATIONS$50k
ATLANTA-FULTON COUNTY ZOO INCATLANTA, GAYEAR 2 PAYMENT OF THREE YEAR COMMITMENT$50k
CAPACITY INCATLANTA, GASECOND AND FINAL PLEDGE PAYMENT$50k
CHILDREN'S HEALTHCARE OF ATLANTA FOUNDATIONATLANTA, GAFIRST PAYMENT OF A TWO YEAR COMMITMENT$50k
CHRIS 180ATLANTA, GAGENERAL OPERATIONS$50k
FAMILIES FIRSTATLANTA, GAGENERAL OPERATIONS$50k
FERNBANK INCATLANTA, GAFINAL PLEDGE$50k
GEORGIA HUMANITIES COUNCILATLANTA, GAGENERAL OPERATIONS$50k
JEWISH FAMILY & CAREER SERVICESDUNWOODY, GAGENERAL OPERATIONS$50k
JEWISH FEDERATION OF GREATER ATLANTAATLANTA, GAGENERAL OPERATIONS$50k
MEDSHARE INTERNATIONALDECATUR, GAFIRST PAYMENT OF A TWO YEAR COMMITMENT$50k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE RICH FOUNDATION INC

What does the Chief Executive Officer of THE RICH FOUNDATION INC earn?

In 2023, the Chief Executive Officer of THE RICH FOUNDATION INC received $169,395 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Georgia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE RICH FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Georgia, the 2023 pay of the Chief Executive Officer at THE RICH FOUNDATION INC falls between the median and the 75th percentile. In 2023, the highest total compensation at THE RICH FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE RICH FOUNDATION INC's revenue and expenses?

In 2023, THE RICH FOUNDATION INC reported $1M in total revenue and $3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.