Grace Richardson Fund Co Piedmont Trust Company

990PF • Fiscal year 2023 • EIN 56-6067849

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 15, 2023

Organization Profile

P O Box 20124Greensboro, NC 27420

(336) 274-5471

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • $1M-$5M nonprofits • Source year 2023

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • $1M-$5M nonprofits • Source year 2023

-160%

Higher net margin than 5% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • $1M-$5M nonprofits • Source year 2023

-6.9%

Faster asset growth than 16% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

-11%

Faster revenue growth than 26% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets31st percentile

Assets

Down

$1,140,590

Down $84,071 (-6.9%) from 2022

Net Assets

Down

$1,140,590

Down $84,071 (-6.9%) from 2022

Liabilities

Flat

Flat from 2022

Revenue And Expenses

Liabilities / Revenue29th percentile Net Margin5th percentile

Revenue

Down

$39,461

Down $4,685 (-11%) from 2022

Expenses

$102,491

Up $25,995 (+34%) from 2022

Net Income

Down

-$63,030

Down $30,680 (-95%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2023

Assets$1,140,590

Liabilities$0

Net Assets$1,140,590

Open 2023 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2023

Revenue$39,461

Expenses$102,491

Net Income-$63,030

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2022 to Jun 30, 2023
Signed: Nov 15, 2023
Return Version: 2022v5.0

Compensation and Service Providers

Top Officer Pay46th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
RODERIC R RICHARDSON	Trustee	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Grace Richardson Fund
EIN: 56-6067849
Phone: 3362745471
Address: P O BOX 20124, GREENSBORO, NC 27420

Signing Officer

Name: Roderic Richardson
Title: Trustee
Phone: 3362745471
Signed: 2023-11-15
Discuss with paid preparer: Yes

Preparer

Firm: Piedmont Trust Company
Address: PO BOX 20124, GREENSBORO, NC 27420
Preparer: Eric Dutton
Phone: 3362745471

Raw XML Appendix357 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt	2	PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt	0	NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt	1	NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt	2	NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	0	5737 MESMER AVE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	1	722 12TH ST NW 4TH FLOOR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt	2	1750 TYSONS BLVD SUITE 1500
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	0	LOS ANGELES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	1	WASHINGTON
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm	2	MCLEAN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	0	CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	1	DC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd	2	VA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	0	90230
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	1	20005
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd	2	22102
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd	0	X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt	0	0
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt	0	62000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd	0	0
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd	0	0
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt	0	20933
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt	0	0
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt	0	74050
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt	0	0
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt	0	64031
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt	0	0
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt	0	0
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt	0	0
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt	0	0
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt	0	0
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt	0	94983
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/Taxable1Amt	0	0
IRS990PF/UndistributedIncomeGrp/Taxable2Amt	0	0
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt	0	0
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt	0	0
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt	0	0
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt	0	43098
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt	0	74050
LegalFeesSchedule/LegalFeesGrp/CategoryTxt	0	LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt	0	1229
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt	0	1229
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt	0	0
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt	0	1091947
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt	1	112843
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc	0	PIEDMONT ASSOCIATES INVESTMENT FUND LLC
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc	1	PIMCO LOW DURATION FUND
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt	0	1020906
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt	1	112843
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt	0	1209699
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt	1	102388
OtherDecreasesSchedule/OtherDecreasesDetail/Amt	0	35180
OtherDecreasesSchedule/OtherDecreasesDetail/Desc	0	PAIF LLC DISTRIBUTIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	0	PIEDMONT TRUST COMPANY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	1	CUSTODY BASIS POINT FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	2	CHARITABLE EXPENSES - PAIF
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc	3	PAIF LLC-OTHER EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	0	1717
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	1	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	2	2
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt	3	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	0	5153
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	1	275
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	2	0
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt	3	14106
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	0	6870
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	1	275
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	2	2
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt	3	0
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt	0	35180
OtherIncomeSchedule2/OtherIncomeDetail/Desc	0	PAIF LLC INCOME DISTRIBUTIONS
OtherIncomeSchedule2/OtherIncomeDetail/Desc	1	PAIF LLC OTHER INCOME
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt	0	0
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt	1	4179
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt	0	35180
OtherIncreasesSchedule/OtherIncreasesDetail/Amt	0	14139
OtherIncreasesSchedule/OtherIncreasesDetail/Desc	0	PAIF LLC K-1 ADJUSTMENTS
TaxesSchedule/TaxesDetail/Amt	0	0
TaxesSchedule/TaxesDetail/Amt	1	1320
TaxesSchedule/TaxesDetail/Amt	2	760
TaxesSchedule/TaxesDetail/CategoryTxt	0	FOREIGN TAXES PAID
TaxesSchedule/TaxesDetail/CategoryTxt	1	FORM 990-PF PY BALANCE DUE
TaxesSchedule/TaxesDetail/CategoryTxt	2	FORM 990-PF ESTIMATED PAYMENTS
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	0	0
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	1	0
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt	2	0
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	0	1164
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	1	0
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt	2	0
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	RODERIC RICHARDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	3362745471
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	GRACE RICHARDSON FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	C/O PIEDMONT TRUST COMPANY
ReturnHeader/Filer/BusinessNameControlTxt	0	GRAC
ReturnHeader/Filer/EIN	0	566067849
ReturnHeader/Filer/PhoneNum	0	3362745471
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	P O BOX 20124
ReturnHeader/Filer/USAddress/CityNm	0	GREENSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NC
ReturnHeader/Filer/USAddress/ZIPCd	0	27420
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	0
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	200404082
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	PIEDMONT TRUST COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	PO BOX 20124
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	GREENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	27420
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3362745471
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	ERIC DUTTON
ReturnHeader/ReturnTs	0	2023-11-15T11:10:20-06:00
ReturnHeader/ReturnTypeCd	0	990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	RODERIC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	RICHARDSON
ReturnHeader/TaxPeriodBeginDt	0	2022-07-01
ReturnHeader/TaxPeriodEndDt	0	2023-06-30
ReturnHeader/TaxYr	0	2022

Document Assets

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Filings

Displayed year

2023 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $1,140,590
Liabilities: $0
Net assets: $1,140,590
Revenue: $39,461
Expenses: $102,491
Net income: -$63,030

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.06	$0.00	$1.06	$0.12	$0.18	$0.07
2024Detailed filing. Detailed filing data is available for this year.	$1.07	$0.00	$1.07	$0.04	$0.07	$0.03
2023Detailed filing. Detailed filing data is available for this year.	$1.14	$0.00	$1.14	$0.04	$0.10	$0.06
2022Detailed filing. Detailed filing data is available for this year.	$1.22	$0.00	$1.22	$0.04	$0.08	$0.03
2021Detailed filing. Detailed filing data is available for this year.	$1.14	$0.00	$1.14	$0.04	$0.05	$0.01
2020Detailed filing. Detailed filing data is available for this year.	$1.08	$0.00	$1.08	$0.08	$0.06	$0.02
2019Detailed filing. Detailed filing data is available for this year.	$1.05	$0.00	$1.05	$0.04	$0.07	$0.04
2017Detailed filing. Detailed filing data is available for this year.	$1.04	$0.00	$1.04	$0.04	$0.07	$0.03
2016Detailed filing. Detailed filing data is available for this year.	$1.06	$0.00	$1.06	$0.04	$0.06	$0.03
2015Detailed filing. Detailed filing data is available for this year.	$1.07	$0.00	$1.07	$0.04	$0.07	$0.03
2014Detailed filing. Detailed filing data is available for this year.	$1.03	$0.00	$1.03	$0.04	$0.06	$0.03
2013Detailed filing. Detailed filing data is available for this year.	$1.00	$0.00	$1.00		$0.07
2012Detailed filing. Detailed filing data is available for this year.	$1.03	$0.00	$1.03		$0.06