The Richard Eaton Foundation
The Richard Eaton Foundation is a private foundation, based in GAITHERSBURG, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.6M in total assets. In 2024, it awarded 1 grants totaling $805K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.6M
+6.1% YoY
Annual Giving
$805K
-4.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$805K
-4.7% YoY
Under IRS private-foundation payout rules, The Richard Eaton Foundation reported a distributable amount of $944K for 2024 — the minimum it must pay out in qualifying distributions.
About The Richard Eaton Foundation
Based on IRS filings
The Richard Eaton Foundation is a private foundation, based in GAITHERSBURG, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.6M in total assets. In 2024, it awarded 1 grants totaling $805K. Net investment income was $1.1M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,570,170 | $18,446,850 | $17,520,416 |
| Revenue | $1,267,028 | $1,249,594 | $602,118 |
| Expenses | $1,104,388 | $1,076,136 | $1,153,611 |
| Qualifying Distributions | $899,159 | $916,129 | $989,213 |
| Net Investment Income | $1,080,799 | $1,095,087 | $451,473 |
| Distributable Amount | $943,676 | $874,069 | $921,187 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Schedule Attached ($805,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE SCHEDULE ATTACHED WASHINGTON, DC | SEE SCHEDULE ATTACHED. | $805,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEIL E JOHNSON | TRUSTEE | — | $15,000 |
| GERALD J HROBLAK | TRUSTEE | — | $30,000 |
| GROVER B RUSSELL | TRUSTEE | — | $15,000 |
| KEVIN G HROBLAK | TRUSTEE | — | $15,000 |
Frequently Asked Questions
How large is The Richard Eaton Foundation?
As of 2024, The Richard Eaton Foundation holds $19.6M in total assets with $1.3M in annual revenue. It awarded 1 grants totaling $805K in 2024.
Where does The Richard Eaton Foundation operate?
The Richard Eaton Foundation has awarded grants in District of Columbia, Maryland.
What size grants does The Richard Eaton Foundation award?
In 2024, The Richard Eaton Foundation awarded 1 grants totaling $805K — an average of about $805K per grant, based on its IRS Form 990 filings.
How much is The Richard Eaton Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richard Eaton Foundation reported a distributable amount of $944K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Richard Eaton Foundation's EIN?
The Richard Eaton Foundation's EIN (Employer Identification Number) is 52-6040787. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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