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Margaret Rivers Fund is a private corporation based in STILLWATER, MN. The foundation received its IRS ruling in 1950. It holds total assets of $20.3M. Annual income is reported at $3.1M. The foundation is governed by 3 officers and trustees. To support qualified charitable organizations whose goals are to improve human services. Donations to 29 organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Margaret Rivers Fund has made 4 grants totaling $6.6M, with a median grant of $1.6M. The foundation has distributed between $1.6M and $3.2M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $3.2M distributed across 2 grants. Individual grants have ranged from $1.6M to $1.8M, with an average award of $1.7M. Grant recipients are concentrated in Minnesota. Contributions to this foundation are tax-deductible.
To support qualified charitable organizations whose goals are to improve human services. Donations to 40 organizations.
Expenses: $865K
To support qualified charitable organizations whose goal is to improve public and social services. Donations to 28 organizations.
Expenses: $384K
To support qualified charitable organizations whose goals are to improve art and culture. Donations to 22 organizations.
Expenses: $188K
To support qualified charitable organizations whose goals are to improve education. Donations to 21 organizations.
Expenses: $174K
To support qualified charitable organizations whose goals are to improve human services. Donations to 29 organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MN.
Margaret Rivers Fund has distributed a total of $6.6M across 4 grants. The median grant size is $1.6M, with an average of $1.7M. Individual grants have ranged from $1.6M to $1.8M.
Margaret Rivers Fund typically selects its grantees rather than accepting unsolicited proposals.
Margaret Rivers Fund is headquartered in STILLWATER, MN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jean Barry | VP/TREASURER | $8K | $0 | $8K |
| Lawrence Severson | PRES/SECR | $8K | $0 | $8K |
| Robert Mc Garry | DIRECTOR | $4K | $0 | $4K |
Total Giving
$1.8M
Total Assets
$21.4M
Fair Market Value
$30.5M
Net Worth
$21.4M
Grants Paid
$1.6M
Contributions
N/A
Net Investment Income
$687K
Distribution Amount
$1.4M
Total: $21.3M
Total Grants
4
Total Giving
$6.6M
Average Grant
$1.7M
Median Grant
$1.6M
Unique Recipients
1
Most Common Grant
$1.6M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StatementVARIOUS | Stillwater, MN | $1.6M | 2023 |