The Rivers Foundation
EIN 270167279About
This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2016, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $744,000. This amount represents over 25% of the Foundation's net assets of $2,182,551 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $744K | $3.6M | $2.1M | 19 |
| 2017 | $437K | $3.6M | $219K | 16 |
| 2018 | $233K | $3.1M | $291K | 7 |
| 2019 | N/A | $3.2M | $643K | N/A |
| 2020 | $445K | $3.1M | $120K | 5 |
| 2022 | $437K | $2.4M | $113K | 3 |
| 2023 | $623K | $2.0M | $60 | 3 |
| 2024 | $737K | $1.4M | $223K | 4 |
Grant Size Distribution
Based on 57 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (57 total)
| Purpose | ||||
|---|---|---|---|---|
| St Michael Catholic High School | Fairhope, AL | $600,000 | Athletic Department capital campaign (stadium) | 2023 |
| St Michael Catholic High School | Fairhope, AL | $455,551 | General & Unrestricted | 2024 |
| Catholic Youth Summer Camp Inc | Centerburg, OH | $333,333 | General & Unrestricted | 2022 |
| Catholic Youth Summer Camp Inc | Centerburg, OH | $333,333 | General & Unrestricted | 2020 |
| Dominican Smme Corporation | Ann Arbor, MI | $250,000 | General & Unrestricted | 2024 |
| John Paul the Great Catholic University | Escondido, CA | $200,000 | Chapel Building Fund | 2016 |
| Agnus Dei Foundation | Escondido, CA | $137,500 | General & Unrestricted | 2016 |
| Agnus Dei Foundation | Escondido, CA | $135,000 | General & Unrestricted | 2018 |
| Fellowship of Catholic University Students | Denver, CO | $101,000 | General & Unrestricted | 2022 |
| John Paul the Great Catholic University | Escondido, CA | $81,000 | Chapel Building Fund | 2016 |
| Culture of Life Family Services | San Diego, CA | $81,000 | General & Unrestricted | 2017 |
| Agnus Dei Foundation | Escondido, CA | $64,000 | General & Unrestricted | 2017 |
| Church of the Nativity | Rancho Santa Fe, CA | $59,000 | General & Unrestricted | 2018 |
| Church of the Nativity | Rancho Santa Fe, CA | $55,000 | General & Unrestricted | 2017 |
| St Ann'S School | Decatur, AL | $50,000 | General & Unrestricted | 2020 |
| Culture of Life Family Services | San Diego, CA | $50,000 | APR Program | 2016 |
| John Paul the Great Catholic University | Escondido, CA | $50,000 | Chapel Building Fund | 2016 |
| Catholic Church Extension Society of Us of Amer | Chicago, IL | $50,000 | Diocese of Fairbanks, Alaska, and Bishop Chad Zielinski Division | 2017 |
| Culture of Life Family Services | Escondido, CA | $41,000 | Charitable Event | 2020 |
| Rady Childrens Hospital - San Diego | San Diego, CA | $36,000 | Camp Wana Kura diabetes program | 2017 |
| Dominican Smme Corporation | Ann Arbor, MI | $31,000 | General & Unrestricted | 2016 |
| Coeur Du Christ Academy Inc | Coeur D Alene, ID | $30,000 | General & Unrestricted | 2024 |
| Our Lady of Mt Carmel Catholic Parish San Diego | San Diego, CA | $30,000 | General & Unrestricted | 2016 |
| Fellowship of Catholic University Students | Golden, CO | $26,000 | General & Unrestricted | 2016 |
| Fellowship of Catholic University Students | Golden, CO | $26,000 | General & Unrestricted | 2017 |