Rivers Foundation

Rivers Foundation (EIN 27-0167279) is another Foundation Source-administered private family foundation, registered at the Foundation Source standard Wilmington, Delaware address (501 Silverside Road). Like the Logan Family Foundation, Rivers Foundation represents a family's personal philanthropy managed through professional foundation services. The rivers-themed name suggests possible interests in environmental conservation, waterways, or geographic identity, but without additional documentation this remains speculative. Foundation Source administers over 2,000 private foundations, and Rivers Foundation is one of their portfolio clients. The family behind this foundation has not been publicly identified. The foundation's website domain (rivers-foundation.org) has been compromised by a Chinese online gambling site, further confirming the foundation operates with minimal public presence.

Rivers Foundation shows unusual revenue volatility: $119,608 in 2020, $237,685 in 2021, $113,334 in 2022, and only $60 in 2023—suggesting a near-complete cessation of foundation activity or a major asset transfer in 2023. Despite negligible 2023 revenue, the foundation still holds $1.27 million in assets and reports income of $1,793,949 (likely a data entry anomaly or reflects total asset value rather than annual income). As a private foundation, the 5% minimum distribution requirement applies to approximately $63,000 annually. The dramatic 2023 revenue drop may indicate the foundation is winding down, transitioning assets, or has shifted its fiscal operations significantly. This is an important flag for grant seekers—the foundation may be in transition or dissolution.

Rivers Foundation operates in the Foundation Source ecosystem alongside thousands of similar professionally-administered private foundations.

The near-zero 2023 revenue is a significant anomaly that distinguishes Rivers Foundation from its Foundation Source peers and warrants monitoring for dissolution filings.

Rivers Foundation's most recent IRS filing (2023) shows revenue of just $60—compared to $113,334-$237,685 in prior years. This dramatic reduction may indicate: (1) the foundation has ceased accepting contributions and is distributing its remaining endowment; (2) a major asset distribution or transfer occurred; (3) the foundation is in the process of dissolution; or (4) an administrative or reporting anomaly. The foundation domain (rivers-foundation.org) is domain squatted as of early 2026. The Foundation Source address remains the registered location. The foundation was established in the late 2000s (EIN assigned post-2007 based on the 27- prefix) and has operated for approximately 15+ years. Current operational status is uncertain given the 2023 revenue anomaly.

Rivers Foundation presents significant uncertainty for grant seekers. The near-zero 2023 revenue, domain squatting of its website, and lack of any public program information all suggest this foundation is either: (1) quietly winding down its operations; (2) transitioning assets to another vehicle; or (3) simply inactive in recent years. Grant seekers should treat this as a very low probability prospect and should not invest significant research resources. If pursuing anyway, the only contact pathway is through Foundation Source directly (foundationsource.com) with the foundation name, though Foundation Source will typically redirect all inquiries to the foundation's family. Focus research time on higher-probability foundations with active, documented grantmaking.