Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Riverway Foundation is a private trust based in EDINA, MN. The foundation received its IRS ruling in 1996. It holds total assets of $3.2M. Annual income is reported at $2.3M. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, The Riverway Foundation has made 46 grants totaling $747K, with a median grant of $3K. The foundation has distributed between $186K and $370K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $370K distributed across 2 grants. Individual grants have ranged from $1K to $186K, with an average award of $16K. The foundation has supported 44 unique organizations. The foundation primarily supports organizations in Minnesota, District of Columbia, Illinois, which account for 96% of all grants. Grantmaking reaches organizations across 5 states. 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.
The Riverway Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in MN, DC, IL.
The Riverway Foundation has distributed a total of $747K across 46 grants. The median grant size is $3K, with an average of $16K. Individual grants have ranged from $1K to $186K.
Trust is operated exclusively for religious, charitable, scientific, literary and educational purposes within the meaning of i.r.c. 170(c) and 501(c). The trusst will fund grants to organizations which are exempt from federal income taxation under i.r.c. 501(a) by virture of being described in i.r.c. 501(c)(3) or to organizations for contributions to which are deductible under under i.r.c. 170(c)(2), 2055(a) and 2522(a).
The Riverway Foundation is headquartered in EDINA, MN. While based in MN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Terry R Becker | TRUSTEE | $0 | $0 | N/A |
| Laura Lee Baskerville Becker | TRUSTEE | $0 | $0 | N/A |
| Austin Bergren | TRUSTEE | $0 | $0 | N/A |
| Mary Becker Bergren | TRUSTEE | $0 | $0 | N/A |
| Adam D Becker | TRUSTEE | $0 | $0 | N/A |
| Lee W Becker | TRUSTEE | $0 | $0 | N/A |
Total Giving
$247K
Total Assets
$3.4M
Fair Market Value
$3.9M
Net Worth
$3.4M
Grants Paid
$190K
Contributions
N/A
Net Investment Income
$65K
Distribution Amount
$186K
Total: $2.5M
Total Grants
46
Total Giving
$747K
Average Grant
$16K
Median Grant
$3K
Unique Recipients
44
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| DunwoodyP2C PROGRAM | Minneapolis, MN | $8K | 2023 |
| Cristo ReyGENERAL FUNDING | Minneapolis, MN | $8K | 2023 |
| Dwelling PlaceGENERAL FUNDING | Columbia Heights, MN | $3K | 2023 |
| BridgingGENERAL FUNDING | Bloomington, MN | $3K | 2023 |
| Big Brothers Big SistersGENERAL FUNDING | Minneapolis, MN | $3K | 2023 |
| SojournerGENERAL FUNDING | Hopkins, MN | $3K | 2023 |
| Hope AcademyGENERAL FUNDING | Minneapolis, MN | $38K | 2023 |
| American Red CrossGENERAL FUNDING | Washington, DC | $15K | 2023 |
| Urban HomeworksGENERAL FUNDING | Minneapolis, MN | $10K | 2023 |
| Pinky Swear FoundationGENERAL FUNDING | Edina, MN | $8K | 2023 |
| Washburn Center For ChildrenGENERAL FUNDING | Minneapolis, MN | $6K | 2023 |
| Urban VenturesGENERAL FUNDING | Minneapolis, MN | $5K | 2023 |
| Ymca Of The NorthGENERAL FUNDING | Minneapolis, MN | $5K | 2023 |
| Greater Minneapolis Crisis NurseryGENERAL FUNDING | Minneapolis, MN | $5K | 2023 |
| Living Lands & WatersGENERAL FUNDING | East Moline, IL | $5K | 2023 |
| Tree HouseGENERAL FUNDING | Minneapolis, MN | $4K | 2023 |
| MicrograntsGENERAL FUNDING | Minneapolis, MN | $4K | 2023 |
| Catholic CharitiesGENERAL FUNDING | Minneapolis, MN | $4K | 2023 |
| Connections To IndependenceGENERAL FUNDING | Minneapolis, MN | $4K | 2023 |
| Neighborhood HouseGENERAL FUNDING | St Paul, MN | $3K | 2023 |
| PerspectivesGENERAL FUNDING | St Louis Park, MN | $3K | 2023 |
| Minnesota Teen ChallengeGENERAL FUNDING | Minneapolis, MN | $3K | 2023 |
| True FriendsGENERAL FUNDING | Annandale, MN | $3K | 2023 |
| Hunger Related EventsGENERAL FUNDING | Edina, MN | $3K | 2023 |
| FraserGENERAL FUNDING | Minneapolis, MN | $3K | 2023 |
| Southside Family Nurturing CenterGENERAL FUNDING | Minneapolis, MN | $3K | 2023 |
| Children'S MinnesotaGENERAL FUNDING | Edina, MN | $3K | 2023 |
| Genesys WorksGENERAL FUNDING | Dallas, TX | $3K | 2023 |
| Folds Of HonorGENERAL FUNDING | Wayzata, MN | $3K | 2023 |
| People Serving PeopleGENERAL FUNDING | Minneapolis, MN | $3K | 2023 |
| Breanna'S GiftGENERAL FUNDING | Minneapolis, MN | $3K | 2023 |
| Mn Tech For SuccessGENERAL FUNDING | Minneapolis, MN | $3K | 2023 |
| Simpson Housing ServicesGENERAL FUNDING | Minneapolis, MN | $3K | 2023 |
| Cystic Fibrosis FoundationGENERAL FUNDING | Bethesda, MD | $3K | 2023 |
| Junior AchievementGENERAL FUNDING | St Paul, MN | $2K | 2023 |
| Page Education FoundationGENERAL FUNDING | Minneapolis, MN | $2K | 2023 |
| Peacemaker MinnesotaGENERAL FUNDING | Roseville, MN | $2K | 2023 |
| Lutheran Social ServicesTHERAPEUTIC PRESCHOOL | St Paul, MN | $2K | 2023 |
| Project For Pride In LivingGENERAL FUNDING | Minneapolis, MN | $2K | 2023 |
| Open Your HeartGENERAL FUNDING | Minneapolis, MN | $2K | 2023 |
| Elpis EnterprisesGENERAL FUNDING | St Paul, MN | $2K | 2023 |
| Southern Valley AllianceGENERAL FUNDING | Belle Plaine, MN | $2K | 2023 |
| Minnesota DareGENERAL FUNDING | St Bonifacius, MN | $1K | 2023 |
| See AttachedSEE ATTACHED | See Attached, MN | $185K | 2022 |