Public Charity

RICHFIELD FOUNDATION

RICHFIELD FOUNDATION, of SALEM, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2020 filing shows $3.1M in expenses. 3 publicly reported grants to this organization, totaling roughly $30K, appear in IRS filings.

EIN: 510190110 SALEM, VA Latest filing: 2020
Total Expenses$3.1M
Grant Records3
Funding Total$30K
Filing Years2017–2020

Mission

TO RECEIVE AND ADMINISTER GRANTS, GIFTS, DONATIONS AND BEQUESTS IN A MANNER DESIGNED TO PROMOTE THE ACTIVITIES OF RICHFIELD LIVING AND RIDGECREST AT RICHFIELD.

Where $100 goes at Richfield Foundation

How Richfield Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The Richfield Foundation was dissolved during fiscal year 2020 and all of its assets and liabilities were transferred to richfield living
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2020. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

INTERIM CEO/CFO THROUGH 3/20; CEO Cherie Grisso
DIRECTOR David Thornhill
TREASURER Donnovan Young
DIRECTOR Dr Edwin J Polverino
CHAIR Dr Martha Anderson
DIRECTOR Dr Nathaniel Bishop

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$20,000 2 grants
General Support
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2020 — $3.1M —
2019 $79K $1K $3.2M
2018 $101K $1.2M $3.1M
2017 $207K $7K $4.2M

Between 2017 and 2019, reported annual revenue declined from $207K to $79K (-62%).

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

See the full picture for RICHFIELD FOUNDATION

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