About Richman Foundation
THE RICHMAN FOUNDATION INC is headquartered in Baltimore, MD. It reported $3,144,198 in annual grants given and $28,976,907 in total assets, with the latest 990 year on file in 2025. Its grantmaking is local and concentrated in Maryland, where 81% of its grants went to recipients in the HQ state. Recent grants show a pattern of sustained operating support for Baltimore-area institutions, especially independent and Catholic K–12 schools, higher education partners, and health-related organizations. Named recent grantees include UMD FOUNDATION, which received $300,000 in 2023; MERCY HEALTH FOUNDATION, which received $300,000 in 2024; and MOUNT ST JOSEPH, which received $207,500 in 2024 and $200,000 in 2023. Other large awards in the recent grant list include BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN at $200,000 in 2024 and THE LOYOLA SCHOOL at $196,667 in 2024. The foundation also funded THE PARK SCHOOL, THE ASSOCIATED, FUND FOR EDUCATIONAL EXCELLENCE, and BALTIMORE SYMPHONY ORCHESTRA. Across the recent grants shown, support is mostly unrestricted operating assistance rather than project-specific funding. Its stated program areas include community services, children and youth programs, education, mental health, and human services, with additional grant programs naming early learning, family supports, health care, and Jewish causes.
What Richman Foundation Funds
Recent grantmaking spans K–12 education, health care and mental health, and community strengthening. Notable grants include $300,000 to UMD FOUNDATION for operating support, $300,000 to MERCY HEALTH FOUNDATION for operating support, and $200,000 to BALTIMORE LEADERSHIP SCHOOL FOR YOUNG WOMEN for operating support. The recent list also includes support for Mount St Joseph, THE LOYOLA SCHOOL, THE PARK SCHOOL, CRISTO REY JESUIT HIGH SCHOOL, and FUND FOR EDUCATIONAL EXCELLENCE, indicating a strong education emphasis. Health-related support appears in grants to UMMS FOUNDATION and JHU SCHOOL OF NURSING. Community and youth-oriented grants include UNITED WAY OF CENTRAL MARYLAND, ROCA BALTIMORE, ASYLEE WOMEN ENTERPRISE, SQUASHWISE, and BALTIMORE CIVIC FUND.
How Richman Foundation Gives
THE RICHMAN FOUNDATION INC gives at a local scale and most often in Maryland. Its typical grant size, based on the distribution provided, is $8,500 at the 25th percentile, $25,000 at the median, and $47,500 at the 75th percentile. Recent grants indicate a preference for operating support to established nonprofit institutions rather than individual awards, and the foundation does not fund individuals. It accepts unsolicited Letters of Inquiry through its online grants portal in its general grantmaking program. The recent grant list also shows repeated support to the same organizations across multiple years, including Mount St Joseph, United Way of Central Maryland, and Nature Sacred.