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River Beech Foundation is a private corporation based in MENDHAM, NJ. The foundation received its IRS ruling in 2023. It holds total assets of $12.1M. Annual income is reported at $4.2M. Total assets have grown from $4M in 2021 to $10.8M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, River Beech Foundation has made 5 grants totaling $865K, with a median grant of $200K. The foundation has distributed between $400K and $465K annually from 2022 to 2023. Individual grants have ranged from $100K to $215K, with an average award of $173K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New Jersey and New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
River Beech Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NJ, NY.
River Beech Foundation has distributed a total of $865K across 5 grants. The median grant size is $200K, with an average of $173K. Individual grants have ranged from $100K to $215K.
River Beech Foundation typically selects its grantees rather than accepting unsolicited proposals.
River Beech Foundation is headquartered in MENDHAM, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John P Drzik | TREASURER | $0 | $0 | N/A |
| Ann Louise Thorsell | SECRETARY | $0 | $0 | N/A |
Total Giving
$492K
Total Assets
$10.8M
Fair Market Value
$10.8M
Net Worth
$10.8M
Grants Paid
$465K
Contributions
$3M
Net Investment Income
$320K
Distribution Amount
N/A
Total Grants
5
Total Giving
$865K
Average Grant
$173K
Median Grant
$200K
Unique Recipients
2
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Land Conservancy Of NjBUILD STEWARDSHIP FOR SOUTH BRANCH | Boonton, NJ | $215K | 2023 |
| New York UniveristyPRESERVATION OF S. SHAPIRO PAPERS | New York, NY | $200K | 2022 |