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DREW RICHARDSON MEMORIAL FUND

NORFOLK, Virginia, 23508

EIN: 26-2147034

Philanthropy, Voluntarism and Grantmaking Foundations

DEMOGRAPHIC

ADDRESS
6310 MONROE PL
23508
COUNTY
norfolk city county, VA
IN CARE OF NAME
JOE SUTTON

ORGANIZATIONAL OVERVIEW & RANKINGS

DREW RICHARDSON MEMORIAL FUND is a based in NORFOLK, VA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising and/or Fund Distribution. Established in September 2010, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,806,089 among 2,656,690 nonprofits nationally (Top 68%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 52,269 out of 73,265 organizations in VA (Top 72%).

In norfolk city county, VA, the organization ranks 1,025 out of 1,935 nonprofits by assets (Top 53%), while locally in norfolk, it stands at 1,108 among 1,939 organizations (Top 57%).

The organization reported no revenue in the most recent filing period, placing it at 688,265 nationally and 45,493 in VA.

Within its specific NTEE classification (T12 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 7,906 similar organizations, DREW RICHARDSON MEMORIAL FUND ranks 6,395 in assets (Top 81%) and 3,353 in revenue (Top 43%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Jul. 2023
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2010
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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