C E Richardson Benevolent Foundation

Nonprofit profile at a glance

EIN
510227549
IRS 990-PF coverage
2020–2025
Forms available
Form 990-PF 2025
Location
Pulaski, VA, USA
Phone
5409806628
Rating
89
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$460,394
Expenses
$389,520

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

C E Richardson Benevolent Foundation is a nonprofit. Location: Pulaski, VA. EIN 510227549. Tax year 2025 Form 990-PF reports $460K revenue and $390K expenses.

What it reported funding in 2025

The foundation reported 54 grants totaling $349,974. The stated grant purposes included grant will be used to provide free theatre camps: two summer theatre camps in pulaski; a summer theatre camp in wytheville; fall winter and spring break camps and an after-school arts residency in collaboration with local schools culminating in a full musical production., to provide fundamental emergency services: direct cash assistance for families to identify their most urgent needs securing food and preventing immediate homelessness by providing lodging for the family whose home burned down; providing cleanup supplies to families whose basement flooded; providing immediate psychological care and comfort and new toys to children and installing smoke alarms., and grant will be used to support the fundraising efforts of mission dental virginia in acquiring dental equipment and supplies., plus 51 other reported purposes.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 94% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 90
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 8

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 54th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 89.8%; rating input score 90; 75th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 4.45; rating input score 8; 8th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 8th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 58 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 8/100.