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Nonprofit · EIN 06-6023003

GRACE JONES RICHARDSON TR

Also known as RICHARDSON P L TTEE

Tax-exempt · GREENSBORO, NC 27420

Financials

$8.5M$2.9M2023$9.3M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of GRACE JONES RICHARDSON TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$9,326,298$2,577,476$6,748,822$81,304,457$0$81,304,457
December 31, 2023990-PF$8,538,997$2,878,271$5,660,726$74,555,635$0$74,555,635
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$250,000
Interest
$151,878
Other income
$8,924,420

Expenses

Grants and similar amounts paid
$2,182,000
Compensation of officers, directors and key employees
$110,000
Disbursements for charitable purposes
$2,470,562
Excise tax on investment income
$226,121

Balance sheet and other

Total assets, start of year
$74,555,635
Total assets, end of year
$81,304,457
Total liabilities, end of year
$0
Net assets, end of year
$81,304,457
Fair market value of assets
$188,509,512
Qualifying distributions
$2,470,562
Net investment income
$18,775,978

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
TYLER B RICHARDSON
C/O PIEDMONT TRUST COMPANY PO BOX, 20124, GREENSBORO, NC 27420
TRUSTEE1$55,000
NICOLAS RICHARDSON
C/O PIEDMONT TRUST COMPANY PO BOX, 20124, GREENSBORO, NC 27420
TRUSTEE1$55,000
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
TYLER B RICHARDSON
C/O PIEDMONT TRUST COMPANY PO BOX, 20124, GREENSBORO, NC 27420
TRUSTEE1$55,000
NICOLAS RICHARDSON
C/O PIEDMONT TRUST COMPANY PO BOX, 20124, GREENSBORO, NC 27420
TRUSTEE1$55,000

Address and contacts

Address (IRS master file)
PO BOX 20124, GREENSBORO, NC 27420-0124
In care of
% PIEDMONT TRUST CO
Signed the 990-PF
TYLER RICHARDSON, TRUSTEE
Phone
(336) 274-5471
Return prepared by
WILLIAMS OVERMAN PIERCE LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
06-6023003
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1964
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$81,304,457
Income (IRS master file)
$9,326,298

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$9,326,298$2,577,476$81,304,457XML
990-TDecember 2024–––IRS
990-PFDecember 2023$8,538,997$2,878,271$74,555,635XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-6023003).

Questions about GRACE JONES RICHARDSON TR

What is the EIN of GRACE JONES RICHARDSON TR?
The employer identification number (EIN) of GRACE JONES RICHARDSON TR is 06-6023003.
Is GRACE JONES RICHARDSON TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to GRACE JONES RICHARDSON TR tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GRACE JONES RICHARDSON TR file?
Form 990-PF. Private foundations file every year.
When is the next return of GRACE JONES RICHARDSON TR due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRACE JONES RICHARDSON TR last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of GRACE JONES RICHARDSON TR?
The 990-PF for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $55,000 (TYLER B RICHARDSON, TRUSTEE).
How much revenue does GRACE JONES RICHARDSON TR have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $9,326,298, expenses of $2,577,476 and total assets of $81,304,457 at year end.

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