Open Foundations · North Carolina

Smith Richardson Foundation Inc

Greensboro, North Carolina · EIN 560611550. Its Form 990-PF says giving is not restricted to organizations picked in advance, which is how a private foundation files that it accepts unsolicited requests. It paid $22.3M across 270 grants in 2024, a median of $50K each.

All North Carolina foundations · All states

$22.3M
paid in 2024
270
grants paid
$50K
median grant
19%
to first-time recipients
$557.9M
assets on file

How to apply, as filed

Straight off Part XV of the return. Where the foundation left a line blank, this says so rather than guessing.

Send requests to
PETER L RICHARDSON PRESIDENT
Address
SMITH RICHARDSON FOUNDATION INC 60, WESTPORT, CT, 06880
Phone
2032226222
Email
Not stated in the filing
Form the request should take
WRITTEN PROPOSAL ALONG WITH A COPY OF IRS EXEMPTION LETTER
Submission deadline
NONE
Restrictions on awards
ALTHOUGH THE MISSION OF THE FOUNDATION IS TO SUPPORT PUBLIC POLICY RESEARCH, IT MAKES SMALL GRANTS TO ORGANIZATIONS IN NORTH CAROLINA AND CONNECTICUT THAT PROVIDE INNOVATIVE SERVICES FOR DISADVANTAGED CHILDREN AND FAMILIES. HOWEVER, SUCH GRANTS ARE CUSTOMARILY SOLICITED BY THE FOUNDATION'S GOVERNORS. THEY ARE NOT RENEWABLE. DIRECT SERVICE ORGANIZATIONS LOCATED OUTSIDE THESE TWO STATES, AS WELL AS NATIONAL DIRECT SERVICE CHARITIES, WILL NOT BE CONSIDERED FOR SUPPORT BY THE DIRECT SERVICE GRANTS PROGRAM.

As filed on the Form 990-PF for tax year 2024, IRS filing object id 202543199349100814. Printed word for word, including the entries that only say to see a website or an attachment.

What it funds, in its own words

The filing states only a general purpose, with nothing specific enough to pull out as recurring language.

Biggest grants in 2024

The 15 largest of the 270 grants paid in 2024, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1American Foreign Policy CouncilDC$400,000GENERAL OPERATING SUPPORT
2Foundation for the Defense of Democracies IncDC$400,000GENERAL OPERATING SUPPORT
3Stanford UniversityCA$374,317GENERAL OPERATING SUPPORT
4Institute for the Study of War IncDC$321,750GENERAL OPERATING SUPPORT
5Center for Strategic and International Studies IncDC$300,000GENERAL OPERATING SUPPORT
6Institute for the Study of War IncDC$300,000GENERAL OPERATING SUPPORT
7University of Notre DameIN$300,000GENERAL OPERATING SUPPORT
8Stanford UniversityCA$299,999GENERAL OPERATING SUPPORT
9The Alexander Hamilton SocietyDC$278,300GENERAL OPERATING SUPPORT
10American Academy for Strategic EducationDC$275,000GENERAL OPERATING SUPPORT
11American Enterprise Institute for Public Policy ResearchDC$270,000GENERAL OPERATING SUPPORT
12Trustees of Columbia University in the City of New YorkNY$256,022GENERAL OPERATING SUPPORT
13Massachusetts Institute of TechnologyMA$250,548GENERAL OPERATING SUPPORT
14Center for a New American Security IncDC$250,000GENERAL OPERATING SUPPORT
15Center for Strategic and International Studies IncDC$250,000GENERAL OPERATING SUPPORT

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
2020281$21.6M
2021244$20.6M
2022291$25.8M
2023273$22.3M
2024270$22.3M

Where the money went

Share of 2024 grant dollars by recipient state
District of Columbia27%
North Carolina14%
Connecticut10%
New York9%
California7%

Who decides

Officers, directors and trustees as filed, with the year of the return they appeared on.

Dr Arvid R NelsonTRUSTEE, SECRETARY, AUDIT CMT. CHAIR · 2024
Dr Marin StrmeckiPRESIDENT, DIRECTOR OF PROGRAMS · 2024
E William Stetson IiiTRUSTEE, GRANTS COMMITTEE · 2024
John P Richardson JrTRUSTEE, AUDIT COMMITTEE · 2024
Michael BlairTRUSTEE, AUDIT & COMPENSATION CMT. · 2024
Mr Richardson's SupplementalN/A · 2024
Nicolas L RichardsonTRUSTEE, INVESTMENT CMT., GRANTS CMT · 2024
Nicole BatemanASSISTANT SECRETARY · 2024
Pl RichardsonCHAIRMAN OF THE TRUSTEES · 2024
Ross HemphillSENIOR VP, CFO, INVESTMENT CMT · 2024
The Above Compensation Shows theN/A · 2024
Tyler B RichardsonTRUSTEE, GRANTS & INVESTMENT CMT · 2024
Wwinburne King IiiVICE CHAIR OF THE TRUSTEES, INVST CMT · 2024

Every figure on this page is that foundation's own latest filed year, which is 2022 or later. This foundation is listed because its Form 990-PF says it does not restrict giving to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Latest-year grants and terms per foundation from IRS 990-PF e-file returns; the newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants collapse into one and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

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