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Richman Family Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521899221 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Richman Family Foundation Inc?

Richman Family Foundation Inc, situated in Baltimore, Maryland, is a charitable organization that supports public charitable institutions in line with the mission of the Associated: Jewish Community Federation of Baltimore, Inc. Their purpose is to carry out charitable, educational, and religious objectives, as outlined in the description. The foundation accomplishes this by providing grants to eligible organizations, thereby contributing to various charitable causes.

Is Richman Family Foundation Inc legitimate?

Richman Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richman Family Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Richman Family Foundation Inc?

The Richman Family Foundation Inc. was established with the purpose of supporting charitable, educational, and religious causes. It carries out this mission by providing grants to public charitable organizations, aligning with the objectives of the Jewish Community Federation of Baltimore Inc. (The Associated). The foundation's aim is to contribute to the work of these organizations in an effort to advance their respective missions.

Who is the CEO of Richman Family Foundation Inc?

Marc B Terrill is the President & Public Member of Richman Family Foundation Inc.

What is the revenue of Richman Family Foundation Inc?

Richman Family Foundation Inc's revenue in 2022 was $204,264.

Who are the executives of Richman Family Foundation Inc and what are their salaries?

There 3 volunteers at Richman Family Foundation Inc.


Here are 5 key members and their salaries:


Marc B Terrill (President & Public Member)
  • Compensation: $0
  • Related: $841,681
  • Other: $45,897
Michael I Friedman (Secretary/Treasurer&Public Director)
  • Compensation: $0
  • Related: $253,852
  • Other: $12,123
Arnold I Richman (Vice President & Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen S Kinkoph (Donor Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan D Eisner (Public Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Richman Family Foundation Inc?

Richman Family Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Richman Family Foundation Inc

The Richman Family Foundation Inc, in line with its establishment, is dedicated to carrying out charitable, educational, and religious purposes. This mission is a continuation of the objectives set by the Associated Jewish Community Federation of Baltimore Inc. (The Associated), for whom the foundation serves as a philanthropic arm. The Richman Family Foundation Inc. channels its resources by providing grants to public charitable organizations, contributing to the realization of The Associated's mission.

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Impact




October, 2024

Richman Family Foundation Inc significantly impacts the community by providing crucial grants to public charitable organizations, which enhances charitable, educational, and religious initiatives consistent with the mission of the Associated Jewish Community Federation of Baltimore. By supporting these organizations, the foundation contributes to the welfare and development of various programs and services that benefit the Jewish community and beyond. This strategic financial support helps strengthen community ties, promote educational opportunities, and enhance cultural engagement, ensuring that vital services are available to those in need. The foundation's efforts exemplify a commitment to philanthropy and community support in Baltimore.




This information is meant to be a general summary of Richman Family Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$204,264 (2022)
Expenses
$4,049,354 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $204,264
  • Gross Receipts: $205,420

Assets and Liabilities:

  • Total Assets: $14,313,805
  • Total Liabilities: $0
  • Net Assets: $14,313,805

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Organization Details

Founding Year

1994

Principal Officer

Marc B Terrill

Main Address

101 WEST MOUNT ROYAL AVENUE, BALTIMORE, MD, 21201

NTEE Category

Code: T11 - Philanthropy

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