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THE RICH FOUNDATION INC

ATLANTA, GA 586038037 RICHFOUNDATIONATLANTA.ORG

The Rich Foundation Inc is a philanthropic organization in Atlanta, Georgia, with over $53 million in assets, focusing on funding projects within Georgia, and led by a team including Executive Director Deva A. Hirsch.

Overview

About THE RICH FOUNDATION INC

The Rich Foundation Inc, based in Atlanta, Georgia, is a philanthropic organization with assets totaling over $53 million. The foundation's annual expenses are approximately $2.98 million, while its revenue is about $1.02 million. The foundation primarily funds projects within Georgia, specifically in cities such as Atlanta, Alpharetta, and Savannah, among others. The foundation's leadership includes L. Anthony Montag as Treasurer, Dr. Juliet Asher Golden as Vice Chair/Secretary, John L. Montag as Chair, Trudy B. Kremer as Vice Chair, and Deva A. Hirsch as Executive Director, who is the only compensated member of the team with an annual salary of $169,395. The foundation's website is richfoundationatlanta.org.

Focus Areas

N/A

Geographic Focus

GA
Application Status

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $53.3M
Total Awarded This Year $2.5M
Average Grant Size $47K
Total Grants (Previous Year) 12,939
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
ATLANTA, GA US
Geographic Funding Distribution

Financials

Total Assets
$53,256,149

in 2024, compared to $55,223,424 in 2023

Annual Grants
$2,536,300

54 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$216,000ATLANTA SPEECH SCHOOLPLEDGE PAYMENT3160 NORTHSIDE PARKWAY NW ATLANTA, GA US2022
$150,000HOWARD SCHOOLPLEDGE PAYMENT1192 FOSTER ST NW ATLANTA, GA US2022
$150,000ROBERT W WOODRUFF ARTS CENTER INCANNUAL CAMPAIGN1280 PEACHTREE ST NE ATLANTA, GA US2022
$150,000ROBERT W WOODRUFF ARTS CENTER INCGENERAL OPERATING1280 PEACHTREE ST NE ATLANTA, GA US2023
$150,000ROBERT W WOODRUFF ARTS CENTER INCGENERAL OPERATIONS1280 PEACHTREE ST NE ATLANTA, GA US2024
$120,000ATLANTA HISTORICAL SOCIETY INCANNUAL PLEDGE130 WEST PACES FERRY ROAD ATLANTA, GA US2022
$116,375ALTANTA HISTORICAL SOCIETY INCGENERAL OPERATING130 WEST PACES FERRY ROAD ATLANTA, GA US2023
$105,000ATLANTA COMMUNITY FOOD BANKFIRST PAYMENT OF A TWO YEAR COMMITMENT PLUS DISCRETIONARY3400 N DESERT DR EAST POINT, GA US2024
$100,000CAMP TWIN LAKES INCANNUAL PLEDGE1100 SPRING ST NW 260 ATLANTA, GA US2022
$100,000HISTORIC OAKLAND FOUNDATION INCANNUAL GIFT248 OAKLAND AVE SE ATLANTA, GA US2022
148 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
DAH
DEVA A HIRSCH
EXECUTIVE DIRECTOR$1693952024
DAH
DEVA A HIRSCH
EXECUTIVE DIRECTOR$1597122023
TJA
THOMAS J ASHER
PRESIDENT$10002022
LAM
L ANTHONY MONTAG
TREASURER$10002022
DJAG
DR JULIET ASHER GOLDEN
SECRETARY$10002022
JLM
JOHN L MONTAG
TRUSTEE$10002022
TBK
TRUDY B KREMER
TRUSTEE$10002022
TJA
THOMAS J ASHER
PRESIDENT$10002023
LAM
L ANTHONY MONTAG
TREASURER$10002023
DJAG
DR JULIET ASHER GOLDEN
VICE CHAIR/SECRETARY$10002023
16 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025