RICHARD DESICH FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization: RICHARD DESICH FOUNDATION (EIN 26-4308958)
Tax period: 2025-01-01 to 2025-12-31
Filed: 2026-07-27
IRS object ID: 202622089349100012
Schema version: 2025v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Other Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Liabilities Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-07-27T12:06:52-04:00	ReturnTs
Tax Period End	2025-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	341753699	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RADACHI AND COMPANY CPAS	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2 EQUITY WAY SUITE 110	AddressLine1Txt
City	WESTLAKE	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	44145	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2025-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	264308958	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DESICH FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	DESI	BusinessNameControlTxt
Phone	4402925214	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 EQUITY WAY	AddressLine1Txt
City	WESTLAKE	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	44145	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RICHARD DESICH	PersonNm
Person Title	PRES., DIR. SEC	PersonTitleTxt
Phone	4402925214	PhoneNum
Signature	2026-07-23	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RICHARD R RADACHI	PreparerPersonNm
PTIN	P01350286	PTIN
Phone	4403653115	PhoneNum
Preparation	2026-07-27	PreparationDt

Field	Value	IRS element (for citing)
Tax	2025	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$44,787	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$680,907	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$21,240	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$21,240	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$21,240	InterestOnSavingsAdjNetIncmAmt
Other Income Rev And Expnss	-$88,217	OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm	-$88,217	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$613,930	TotalRevAndExpnssAmt
Total Net Invst Incm	$21,240	TotalNetInvstIncmAmt
Total Adj Net Incm	-$66,977	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$6,617	AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps	$6,617	AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss	$760,893	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$8,184	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$767,510	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$14,801	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$767,510	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$14,801	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$153,580	ExcessRevenueOverExpensesAmt
Net Investment Income	$21,240	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1	CashBOYAmt
Cash EOY	$1	CashEOYAmt
Sav And Temp Cash Invst BOY	$6,347	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$44,787	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$44,787	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$8,246,250	OtherInvestmentsBOYAmt
Other Investments EOY	$8,060,847	OtherInvestmentsEOYAmt
Total Assets BOY	$8,252,598	TotalAssetsBOYAmt
Total Assets EOY	$8,105,635	TotalAssetsEOYAmt
Total Assets EOYFMV	$44,787	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$29,642	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$36,259	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$29,642	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$36,259	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$8,222,956	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$8,069,376	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$8,222,956	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$8,069,376	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$8,252,598	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$8,105,635	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$8,222,956	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$153,580	ExcessRevenueOverExpensesAmt
Subtotal	$8,069,376	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$8,069,376	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$295	InvestmentIncomeExciseTaxAmt
Subtotal	$295	SubtotalAmt
Tax Based On Investment Income	$295	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$3,108	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$3,108	TotalPaymentsAndCreditsAmt
Overpayment	$2,813	OverpaymentAmt
Applied To ES Tax	$2,813	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	DE	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	false	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	RICHARD DESICH	IndividualWithBooksNm
Phone	4402925214	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1 EQUITY WAY	AddressLine1Txt
City	WESTLAKE	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	44145	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JEFFREY A DESICH
1 EQUITY WAY	WESTLAKE	OH	44145	V.P.	000.00	$0	$0	$0
RICHARD DESICH
1 EQUITY WAY	WESTLAKE	OH	44145	PRES., DIR.	000.00	$0	$0	$0
RICHARD A DESICH
1 EQUITY WAY	WESTLAKE	OH	44145	V.P.	000.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$45,987	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$7,731,531	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$7,777,518	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$7,777,518	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$116,663	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$7,660,855	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$383,043	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$383,043	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$295	TaxBasedOnInvestmentIncomeAmt
Total Tax	$295	TotalTaxAmt
Distributable Before Adj	$382,748	DistributableBeforeAdjAmt
Distributable Before Ded	$382,748	DistributableBeforeDedAmt
Distributable As Adjusted	$382,748	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$14,801	ExpensesAndContributionsAmt
Qualifying Distributions	$14,801	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$382,748	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$390,975	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$837,613	ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov	$1,228,588	TotalExcessDistributionCyovAmt
Qualifying Distributions	$14,801	QualifyingDistributionsAmt
Applied To Current Year	$14,801	AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus	$367,947	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$367,947	ExcessDistributionCyovAppCYAmt
Total Corpus	$860,641	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$23,028	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$837,613	ExcessDistriCyovToNextYrAmt
Excess From Year4	$837,613	ExcessFromYear4Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	RICHARD DESICH	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$21,240	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	TT FAMILY 181 W JOHNSON LL	Desc
Related Or Exempt Function Incm	-$88,217	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$21,240	ExclusionAmt
Related Or Exempt Function Incm	-$88,217	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	-$66,977	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	RICHARD DESICH	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 DORADO BEACH DR	AddressLine1Txt
Address Line2	APT 3632	AddressLine2Txt
City	DORADO	CityNm
State Abbreviation	PR	StateAbbreviationCd
ZIP	00646	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$680,907	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$6,617	Amt
Disbursements Charitable Prps	$6,617	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt
PACIFIC LIFE - POLICY VF5191	FMV	$3,592,182
TT FAMILY 1891 W JOHNSON LLC	AT COST	$4,468,665

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
ADMINISTRATIVE FEES	$8,184	$8,184
LIFE INSURANCE PREMIUM	$752,709
TRUST OR CUSTODY FEE

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	TT FAMILY 181 W JOHNSON LLC	Desc
Revenue And Expenses Per Books	-$88,217	RevenueAndExpensesPerBooksAmt
Adjusted Net Income	-$88,217	AdjustedNetIncomeAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	RELATED PARTY - UNITED BANC	Desc
BOY Book Value	$29,642	BOYBookValueAmt
EOY Book Value	$36,259	EOYBookValueAmt

RICHARD DESICH FOUNDATION: Form 990PF, tax year 2025

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Other Revenue Described OtherRevenueDescribedGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

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