5Rivers Foundation
5Rivers Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filing lists grants to organizations and individual recipients, including support for a Sikh gallery, scholarships, hardship assistance, and general and unrestricted purposes.
5Rivers Foundation at a glance
In short: 5Rivers Foundation gave $345K across 72 grants in 2024 (avg $5K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $345,197
- +29.8% vs 2023
- Grants made (2024)
- 72
- +63.6% vs 2023
- Average grant
- $4,794
- -20.7% vs 2023
- Median grant
- $2,000
- Total assets
- $3,215,583
- +59.8% vs 2023
- Primary geography
- California (23% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to 5Rivers Foundation
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. The filing directs applicants to the foundation’s website for application materials and information about award restrictions and deadlines.
- Contact
Application contact: Grant Applications-Parveen Khanuja
Mailing address: Foundation Source 55 Walls Dr, Fairfield, CT 06824
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who 5Rivers Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Royal Ontario Museum ($75K). Together the top 10 received $218K.
Grant Size Distribution
250 grants across all recorded years
The most common grant size was under $50K: 243 grants of 250 (97%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that grant dollars were distributed among recipients in California (23%), Texas (17%), New York (16%), and Arizona (7%), as well as recipients in an unspecified state accounting for 22%.
Grant Distribution by State
Share of 2024 grant dollars across all 72 itemized grants.
States
Cities
How 5Rivers Foundation gives
- Giving held roughly steady from 2021 to 2024 (+20%). Method
- In 2024 it paid out 123% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $202K (2020) to $345K (2024). In 2024 it made 72 grants totaling $345K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Royal Ontario Museum | To support the Sikh Gallery | $75,000 |
| Dasvandh Network San Antonio, TX | General & Unrestricted | $50,000 |
| U C Santa Cruz Foundation Santa Cruz, CA | General & Unrestricted | $20,000 |
| Sikh Research Institute Sri Hackettstown, NJ | General & Unrestricted | $10,000 |
| G Singh New York, NY | Scholarship Grant | $10,000 |
| Sikh Dharma of Phoenix Phoenix, AZ | General & Unrestricted | $6,000 |
| J Singh Garden City, NY | Scholarship Grant | $5,488 |
| J Singh Garden City, NY | Scholarship Grant | $5,000 |
| A Nolastname Tempe, AZ | Scholarship Grant | $5,000 |
| S Kaur Sacramento, CA | Scholarship Grant | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,215,583 | $1,610,232 | $408,569 | $345,197 | 72 | $384,962 | $1,722,442 | $313,629 |
| 2023 | $2,011,920 | $357,655 | $314,579 | $265,883 | 44 | $312,913 | $373,890 | $320,081 |
| 2022 | $1,968,844 | $91,951 | $264,372 | $223,725 | 41 | $263,291 | $91,870 | $316,714 |
| 2021 | $2,139,265 | $94,693 | $326,827 | $288,090 | 49 | $325,917 | $102,853 | $335,067 |
| 2020 | $2,366,899 | $76,889 | $238,711 | $201,900 | 44 | — | $111,294 | $252,919 |
Under IRS private-foundation payout rules, 5Rivers Foundation reported a distributable amount of $314K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants show support for organizations serving educational, cultural, and community purposes. For example, the Sikh Research Institute describes its mission as providing educational resources to Sikhs to lead a Guru-inspired life. Khalsa Gurmat Center describes its work as education and empowerment programs for the Sikh community.
Grantmaking
In 2024, the foundation reported 72 grants totaling $345,197. Grant amounts ranged from $759 to $75,000, with a median of $2,000.
Notable organizational grants included $75,000 to the Royal Ontario Museum to support the Sikh Gallery; $50,000 to Dasvandh Network for general and unrestricted purposes; $20,000 to the UC Santa Cruz Foundation for general and unrestricted purposes; $10,000 to Sikh Research Institute for general and unrestricted purposes; and $6,000 to Sikh Dharma of Phoenix for general and unrestricted purposes. Dasvandh Network describes its primary exempt purpose as raising funds for other nonprofit organizations, and the UC Santa Cruz Foundation describes its mission as benefiting the University of California Santa Cruz. The filing also lists scholarship and hardship assistance grants to individual recipients.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Parveen Khanuja as president, director, and secretary; Jasleen Khanuja and Neel-Preet Khanuja as vice presidents; and Parvinderjit Khanuja as director and vice president.
5Rivers Foundation is led by Parveen Khanuja, President, Director & Secretary on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Parveen Khanuja
President, Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Parvinderjit Khanuja
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Jasleen Khanuja
Vice President
On filings since 2020
1 hr/week
No compensation reported
Neel-Preet Khanuja
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about 5Rivers Foundation
How much does 5Rivers Foundation give each year?
5Rivers Foundation gave $345K across 72 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $266K across 44 grants.
What is 5Rivers Foundation's typical grant size?
5Rivers Foundation's median grant in 2024 was $2,000, and its average grant was $4,794, across 72 grants on its 2024 IRS Form 990-PF.
Where does 5Rivers Foundation give grants?
5Rivers Foundation's top state is California, with 23% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Texas (17%) and New York (16%). The most frequent recipient cities were Garden City, NY (10 grants), Sacramento, CA (4 grants), Fresno, CA (4 grants) and Berkeley, CA (4 grants).
Does 5Rivers Foundation give general operating support?
Yes: 13% of 5Rivers Foundation's 2024 grants with a stated purpose (9 of 72) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship Grant" (61 grants).
Who are 5Rivers Foundation's largest grantees?
5Rivers Foundation's largest 2024 grantees include Royal Ontario Museum ($75,000), Dasvandh Network ($50,000) and U C Santa Cruz Foundation ($20,000), according to its 2024 IRS Form 990-PF. Together they received 42% of its itemized 2024 grant dollars.
How large is 5Rivers Foundation?
5Rivers Foundation reported $3.2M in total assets on its 2024 IRS Form 990-PF. It paid out $385K in qualifying distributions that year, against a required minimum of $314K (roughly 5% of its investment assets).
What does 5Rivers Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations serving educational, cultural, and community purposes. For example, the Sikh Research Institute describes its mission as providing educational resources to Sikhs to lead a Guru-inspired life. See mission & focus areas ↑
How do I apply for a grant from 5Rivers Foundation?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is 5Rivers Foundation's EIN?
5Rivers Foundation's EIN (Employer Identification Number) is 45-3723090. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 20, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 30, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). 5Rivers Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/5rivers-foundation-morg_81ca6ba8197940319184f8ffcf21a2c1
BibTeX
@misc{grantable_453723090_2026,
author = {{Grantable}},
title = {{5Rivers Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/5rivers-foundation-morg_81ca6ba8197940319184f8ffcf21a2c1},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from 5Rivers Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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