Small Public Charity

THE PENNEY RICHARDS MEMORIAL FUND INC

THE PENNEY RICHARDS MEMORIAL FUND INC, of NORTH READING, MA, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $13K in revenue, $20K in expenses, $38K in total assets. 2 publicly reported grants to this organization, totaling roughly $14K, appear in IRS filings.

EIN: 273171543 NORTH READING, MA Latest filing: 2025
Total Revenue$13K
Total Expenses$20K
Total Assets$38K
Grant Records2
Funding Total$14K
Filing Years2021–2025

Mission

TO PROVIDE SCHOLARSHPS AND SIMILAR AWARDS TO STUDENTS PURSUING AN EDUCATION IN THE HEALING ARTS, PARTICULARLY THE FIELD OF ONCOLOGY.

Sample Grants Received

2021
UNRESTRICTED
$8,499
2020
Unrestricted
$5,895

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

DIRECTOR Charles Holloran Jr
TREASURER AN David Richards
PRESIDENT Penny Richards
DIRECTOR Sarah Hewett
DIRECTOR Ted Morang Sr

Officer compensation and complete director data available with membership.

Top Grant Purposes

UNRESTRICTED
$8,499 1 grant
Unrestricted
$5,895 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $13K $20K $38K
2024 $13K $3K $46K
2023 $12K $10K $36K
2022 $12K $7K $34K
2021 $9K $7K $30K

Between 2021 and 2025, reported annual revenue grew from $9K to $13K (+46%), with total assets most recently reported at $38K.

Interactive year-over-year charts and full filing details available with membership.

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