Light River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STUART, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $119K in total assets. In 2024, it awarded 6 grants totaling $6K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$119K
+61.5% YoY
Annual Giving
$6K
Grant Count
6
Avg Grant Size
$1K
Under IRS private-foundation payout rules, Light River Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Light River Foundation
Based on IRS filings
Light River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STUART, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $119K in total assets. In 2024, it awarded 6 grants totaling $6K. Net investment income was $42K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $118,521 | $73,369 | $36,573 |
| Revenue | $85,502 | $88,122 | $78,384 |
| Expenses | $8,259 | $9,795 | $4,620 |
| Qualifying Distributions | $7,629 | $9,289 | — |
| Net Investment Income | $42,092 | $42,870 | $36,146 |
| Distributable Amount | $4,860 | $3,414 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Florida Oceanographic Society ($2,500), Cancer Research Institute ($1,000), Tunnel to Towers Foundation ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CANCER RESEARCH INSTITUTE NEW YORK, NY | CANCER RESEARCH | $1,000 |
| DAILY CALLER NEWS FOUNDATION WASHINGSTON, DC | GENERAL SUPPORT TO THE FOUNDATION | $500 |
| FLORIDA OCEANOGRAPHIC SOCIETY STUART, FL | FLORIDA OCEANOGRAPHIC ANNUAL | $2,500 |
| HEIFER INTERNATIONAL LITTLE ROCK, AR | GENERAL SUPPORT | $500 |
| HILLSDALE COLLEGE HILLSDALE, MI | GENERAL SUPPORT | $500 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | GENERAL SUPPORT TO FOUNDATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS SCHAEFER | PRESIDENT | 0.1 | — |
| LINDA SCHAEFER | VICE PRESIDENT | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Light River Foundation?
Light River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STUART, FL. It holds $119K in total assets as of 2024.
How large is Light River Foundation?
As of 2024, Light River Foundation holds $119K in total assets with $86K in annual revenue. It awarded 6 grants totaling $6K in 2024.
Where does Light River Foundation operate?
Light River Foundation has awarded grants in Arkansas, District of Columbia, Florida, Michigan, New York.
What size grants does Light River Foundation award?
In 2024, Light River Foundation awarded 6 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Light River Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Light River Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Light River Foundation's EIN?
Light River Foundation's EIN (Employer Identification Number) is 92-6155167. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Light River Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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