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Also known as: C/O WALTER & CELIA GILBERT TRUSTEES
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River Foundation is a private trust based in CAMBRIDGE, MA. The foundation received its IRS ruling in 1995. The principal officer is Sidney A Slobodkin. It holds total assets of $1.4M. Annual income is reported at $225K. Total assets have decreased from $2.2M in 2011 to $1.6M in 2023. The foundation is governed by 6 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 2016 to 2023. The foundation primarily funds organizations in Massachusetts, New York and District of Columbia. According to available records, River Foundation has made 23 grants totaling $803K, with a median grant of $30K. Annual giving has grown from $190K in 2020 to $300K in 2022. Grantmaking activity was highest in 2021 with $313K distributed across 8 grants. Individual grants have ranged from $5K to $100K, with an average award of $35K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Massachusetts and New York and District of Columbia. 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 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in MA, NY, DC.
River Foundation has distributed a total of $803K across 23 grants. The median grant size is $30K, with an average of $35K. Individual grants have ranged from $5K to $100K.
River Foundation typically selects its grantees rather than accepting unsolicited proposals.
River Foundation is headquartered in CAMBRIDGE, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Celia Gilbert | TRUSTEE | $0 | $0 | N/A |
| Kate Gilbert | TRUSTEE | $0 | $0 | N/A |
| Eric Domeshek | TRUSTEE | $0 | $0 | N/A |
| John R Gilbert | TRUSTEE | $0 | $0 | N/A |
| Valerie Leiter | TRUSTEE | $0 | $0 | N/A |
| Walter Gilbert | TRUSTEE | $0 | $0 | N/A |
Total Giving
$307K
Total Assets
$1.6M
Fair Market Value
$1.8M
Net Worth
$1.6M
Grants Paid
$293K
Contributions
N/A
Net Investment Income
$77K
Distribution Amount
$50K
Total: $1.5M
Total Grants
23
Total Giving
$803K
Average Grant
$35K
Median Grant
$30K
Unique Recipients
10
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Beth Israel Deaconess Medical CenterUNRESTRICTED | Boston, MA | $50K | 2022 |
| Museum Of Fine ArtsUNRESTRICTED | Boston, MA | $45K | 2022 |
| Cold Spring Harbor LaboratoryUNRESTRICTED | Cold Spring Harbor, NY | $30K | 2022 |
| Society For Science And The PublicUNRESTRICTED | Washington, DC | $25K | 2022 |
| Ancient Egypt Research AssociatesUNRESTRICTED | Boston, MA | $100K | 2021 |
| Brookline Food PantryUNRESTRICTED | Brookline, MA | $20K | 2021 |
| Harvard Art MuseumUNRESTRICTED | Cambridge, MA | $10K | 2021 |
| Boston BalletUNRESTRICTED | Boston, MA | $5K | 2021 |
| The Metropolitan OperaUNRESTRICTED | New York, NY | $60K | 2020 |
| Naacp Legal Defense FundUNRESTRICTED | New York, NY | $10K | 2020 |