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Filing year 2023

THE RICHMAN FOUNDATION INC

Baltimore, Maryland·EIN 87-4560827·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$9.9M
Total assets
$9M
Total expenses
$2.1M
Reported officers
3

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 nationwide.

Secretary
Board Secretary
Above 90th percentile
$141k
$155k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 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 RICHMAN FOUNDATION INC equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
7%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 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

$1.8M

Itemized grants

42

Median grant

$15k

RecipientLocationPurposeAmount
MERCY HEALTH FOUNDATIONBALTIMORE, MDOPERATING SUPPORT$300k
MOUNT ST JOSEPHBALTIMORE, MDOPERATING SUPPORT$208k
BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMENBALTIMORE, MDOPERATING SUPPORT$200k
THE LOYOLA SCHOOLBALTIMORE, MDOPERATING SUPPORT$197k
FUND FOR EDUCATIONAL EXCELLENCEBALTIMORE, MDOPERATING SUPPORT$115k
BALTIMORE SYMPHONY ORCHESTRABALTIMORE, MDOPERATING SUPPORT$110k
DREAM BIGBALTIMORE, MDOPERATING SUPPORT$75k
SUCCESS FOR ALL FOUNDATIONTOWSON, MDOPERATING SUPPORT$75k
UNITED WAY OF CENTRAL MARYLANDBALTIMORE, MDOPERATING SUPPORT$50k
ROCA BALTIMOREBALTIMORE, MDOPERATING SUPPORT$40k
ASYLEE WOMEN ENTERPRISEBALTIMORE, MDOPERATING SUPPORT$35k
BALTIMORE CIVIC FUNDBALTIMORE, MDOPERATING SUPPORT$33k
MARYLAND PHILANTHROPY NETWORKBALTIMORE, MDOPERATING SUPPORT$31k
JHU SCHOOL OF NURSINGBALTIMORE, MDOPERATING SUPPORT$30k
SQUASHWISEBALTIMORE, MDOPERATING SUPPORT$30k
NATURE SACREDANNAPOLIS, MDOPERATING SUPPORT$25k
MD FAMILY NETWORKBALTIMORE, MDOPERATING SUPPORT$20k
SHAREBABYBALTIMORE, MDOPERATING SUPPORT$20k
THE BALTIMORE BANNERBALTIMORE, MDOPERATING SUPPORT$20k
THE GREENLIGHT FUNDBOSTON, MAOPERATING SUPPORT$20k
OUR ZERO WASTE FUTUREBALTIMORE, MDOPERATING SUPPORT$15k
PRO BONO COUNSELING PROJECTBALTIMORE, MDOPERATING SUPPORT$15k
CHESTER COUNTY FUTURESCOATESVILLE, PAOPERATING SUPPORT$13k
BCF CIVIC LEADERSHIP FUNDBALTIMORE, MDOPERATING SUPPORT$10k
HIPPODROME FOUNDATIONBALTIMORE, MDOPERATING SUPPORT$10k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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 RICHMAN FOUNDATION INC

What does the Board Secretary of THE RICHMAN FOUNDATION INC earn?

In 2023, the Board Secretary of THE RICHMAN FOUNDATION INC received $141,300 in total compensation. This pay is in the top 10% for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Secretary pay at THE RICHMAN FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board Secretary at THE RICHMAN FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at THE RICHMAN FOUNDATION INC equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

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

In 2023, THE RICHMAN FOUNDATION INC reported $9.9M in total revenue and $2.1M 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.