How much does First Bank Richmond Inc Community Foundation give?

First Bank Richmond Inc Community Foundation reported 96 grants totaling $637,251 in its FY2024 IRS filing. It funded between 61 and 88 organizations a year over FY2020 to FY2023.

What does First Bank Richmond Inc Community Foundation fund?

By grant dollars over FY2020 to FY2024, its largest causes are Education (17%), Youth Development (16%), Arts & Culture (13%).

Who are First Bank Richmond Inc Community Foundation's largest grantees?

By total granted over FY2020 to FY2024: Boys and Girls Clubs of Wayne County ($365k), Indiana University Foundation ($288k), Richmond Symphony Orchestra ($110k).

Does First Bank Richmond Inc Community Foundation fund new organizations?

In FY2023, 30% of the organizations it funded were first-time grantees.

Does First Bank Richmond Inc Community Foundation accept unsolicited applications?

Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.

Which funders back the same organizations as First Bank Richmond Inc Community Foundation?

Its strongest co-funders, measured against what their size predicts, include Wayne County Indiana Foundation Inc, The Paul W Lingle Family Foundation, Quigg Fund Inc.

Where is First Bank Richmond Inc Community Foundation based?

First Bank Richmond Inc Community Foundation is based in IN.

First Bank Richmond Inc Community Foundation

First Bank Richmond Inc Community Foundation at a glance

· Private foundation

First Bank Richmond Inc Community Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$637k

Granted FY2024still arriving

Grants FY2024still arriving

States reached

$100k

Largest

01What it funds

0198% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Education$492kYouth Development$456kArts & Culture$373kCommunity Improvement$212kPhilanthropy$209kRecreation & Sports$167kHuman Services$157kHealth$139kOther$0

02FY2024 · 96 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

Under $10k81 grants · $195k
$10k–50k12 grants · $199k
$50k–250k3 grants · $243k

$2,500

Median grant

States reached

$6.0M

Total assets

Anchored by a single position: about 97% of reported assets are held in Richmond Mut Bancorp Inc.

Largest grants
Recipient	Amount
Individual grant recipient	$100,000
BOYS AND GIRLS CLUB OF WAYNE COUNTY	$85,000
INDIANA UNIVERSITY FOUNDATION INC	$57,500
STANLEY W HAYES RESEARCH FOUNDATION INC	$28,400
THE RICHMOND SYMPHONY ORCHESTRA	$25,000
THE CHAMBER CENTER FOR EXCELLENCE INC	$25,000
BETHANY THEOLOGICAL SEMINARY	$20,000
CITY OF RICHMOND	$18,000
IVY TECH FOUNDATION	$15,500
RICHMOND CIVIC THEATRE INC	$15,000
RICHMOND ART MUSEUM	$12,500
INDIANA GOLF FOUNDATION	$10,000
GIRLS INC OF WAYNE COUNTY	$10,000
CIRCLE YOU HELP CENTER INC	$10,000
THE REID HEALTH FOUNDATION	$10,000

02The need

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–24, $45k) land where the poverty rate runs at 15%, against an area that typically sits at 12%. 80% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

grant to an above-average-need area below average· circle size = grant amount

How this is measured

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

How this is measured

US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.

03Its grantees

repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

93%of every dollar goes to organizations it has funded before.

$2.6M · 98 repeat orgs$201k to everyone else

Grantees it renews have grown median revenue +20% since the first grant, against +11% for those funded once.

98 repeat relationships: 73 still active in FY2024, 25 since wound down; 22 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

Total granted

$2.6M

$144k

Median revenue growth · since first grant

+20%

+11%

Still filing today

67%

47%

New vs renewed · share of each year

In FY2024, 91% of grant dollars renewed an existing relationship; $57k went to new ones.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

Arts & CultureHuman ServicesEducationHealthRecreation & SportsCommunity ImprovementOther

How this is measured

First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

BA
BOYS AND GIRLS CLUBS OF WAYNE COUNTY
5× · 2020–2024 · $365k · revenue +53%
Indiana University Foundation
5× · 2020–2024 · $288k · revenue +162%
RS
RICHMOND SYMPHONY ORCHESTRA
4× · 2020–2024 · $110k · revenue +99%

Funded once

WY
WERNLE YOUTH & FAMILY TREATMENT CENTER INC
one grant, 2023 · $40k · revenue -83%
CO
City of Richmond Parks and Recreation
one grant, 2023 · $18k
IF
IBA FOUNDATION INCgraduated
one grant, 2022 · $10k · revenue +36%

How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

Economic Development Corporation of Wayne County Indiana

To promote and support economic development, growth and expansion within the wayne county, indiana area.

Community Improvement

Perry County Development Corp

Promote development in Perry County, Indiana

—

The Jackson County United Way Inc

Jackson county united way assesses needs, secures resources and strategically invests those resources to create lasting, measurable change in the areas of education, health and financial stability for all people in jackson county.

Philanthropy

Wayne Economic Development Council Inc

To maximize the development and utilization of the human and economic resources of the wayne county georgraphical area in order to create or preserve jobs and employment opportunities and improve the welfare of people of the area.

—

United Way of Indiana County

The mission of the united way of indiana county is to meet critical needs and improve the quality of life throughout indiana county by inspiring and uniting its residents.

Philanthropy

Chamber of Commerce of Harrison County

Support our members and the business environment by fostering economic and community development initiatives to improve the quality of life in harrison county.

—

United Way of Scott County Indiana Inc

We focus on three primary needs in our community: investing in children and youth, promoting health and independence, and helping families in crisis.

Philanthropy

Jay County Development Corporation

Encourage business to originate, expand current facilities, or relocate to areas within jay county, indiana, in order to expand job opportunities of the residents of jay county, indiana

—

Cincinnati Usa Regional Chamber

To grow the vibrancy and economic prosperity of the cincinnati region.

—

United Way of Bucks County

United way of bucks county creates opportunities for quality education, financial stability, and good health to ensure real, lasting change for individuals and our communities.

Philanthropy

United Way of Henry County

To receive and accept property to be administered exclusively for charitable purposes for the benefit of the people in the henry county, ohio area

—

Indiana Agribusiness Council Inc

An agribusiness network advocate, representing members' interests within all levels of government and keeping members informed of the latest industry trends and news.

—

How this is measured

The grantee most central to the portfolio’s shape is Wayne County Indiana Foundation Inc; the most unlike its peers is Stanley W Hayes Research Fdn Inc Aka Hayes Arboretum. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

04the grantee network

99 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 99 of the 159 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

Load-bearing (≥25% of a budget)

Early backer (in before they grew)

97/99

Grantees still filing

64/99

Grew since first funded

Where the money sits, by cause and then by grantee

Other$1,815,642Education$401,500Arts & Culture$332,125Philanthropy$149,021Recreation & Sports$97,980Community Improvement$67,500Human Services$46,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Wayne County Indiana Foundation IncIN106.1× affinity49 shared granteesties to 10 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Wayne County Indiana Foundation Inc · The Paul W Lingle Family Foundation · Quigg Fund Inc · The Stamm Koechlein Family Foundation co Monica Koechlein · United Way of Whitewater Valley Inc · Reid Hospital & Health Care Services Inc · The Troy Foundation · Ronald L McDaniel Foundation · Lilly Endowment Inc · Wallace W and R Crip Ch Fund Tuw · The Paul G Duke Foundation · Blue River Foundation Inc

How this is measured

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization First Bank Richmond Inc Community Foundation funds: left to right is the share of its income from government, bottom to top the share from First Bank Richmond Inc Community Foundation. Bigger dots raise more.

2024

’20’21’22’23’24’25

no gov moneyreceives it· size = income

0get no government money at all

17report government grants on their 990 we could not trace to a source (not plotted)

0rely on government for over half their income

⤢ axis zoomed · 0–30%

typical government reliance, FY20–25

How this is measured

Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to First Bank Richmond Inc Community Foundation?

Find your warmest path to First Bank Richmond Inc Community Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

Play a game based on First Bank Richmond’s filings →

More from the funding graph

The unnamed billions

grants reported with no recipient in the public record

The regranting layer

51% of grant dollars land in the regranting layer

The DAF merry-go-round

$9.7B circulates between donor-advised funds

The endowment market

who holds foundation money, and what just moved

The camps

funders cluster by geography, not ideology

By state

where grant money is based, and what stays home