Margaret Rivers Fund
Margaret Rivers Fund is a private foundation, based in Stillwater, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $19.3M in total assets. In 2025, it awarded 1 grant totaling $1.8M. Net investment income was $812K.
Key facts about Margaret Rivers Fund
In short: Margaret Rivers Fund gave $1.8M across 1 grant in 2025 (avg $1.8M), mostly in Minnesota. Source: 2025 IRS Form 990-PF.
- EIN
- 41-6017102
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,846,100
- Grants made (2025)
- 1
- Average grant
- $1,846,100
- Median grant
- $1,846,100
- Total assets
- $19,317,163
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$19.3M
-5.0% YoY
Annual Giving
$1.8M
+13.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.8M
+13.4% YoY
Under IRS private-foundation payout rules, Margaret Rivers Fund reported a distributable amount of $1.7M for 2025 — the minimum it must pay out in qualifying distributions.
How Margaret Rivers Fund gives
- Giving held roughly steady from 2022 to 2025 (+15%). Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1.6M (2022) to $1.8M (2025). In 2025 it made 1 grant totaling $1.8M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
The largest 2025 recipient was See Attached Statement ($1.8M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Statement Stillwater, MN | Various | $1,846,100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $19,317,163 | $20,340,297 | $21,357,084 |
| Revenue | $993,052 | $771,525 | $3,891,381 |
| Expenses | $2,016,186 | $1,788,312 | $1,778,413 |
| Qualifying Distributions | $1,920,045 | $1,696,757 | $1,705,026 |
| Net Investment Income | $811,765 | $784,212 | $686,891 |
| Distributable Amount | $1,717,606 | $1,568,280 | $1,415,325 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Margaret Rivers Fund is led by Lawrence Severson, President & Secretary on every filing since 2020; all 3 officers listed in 2025 are compensated.
Officers on the 2025 filing
Lawrence Severson
President & Secretary
On filings since 2020
$8K (2020) → $8K (2025)
Robert Mc Garry
Director
On filings since 2023
$4K (2023) → $7K (2025)
Jean Barry
Vice President & Treasurer
On filings since 2020
$8K (2020) → $8K (2025)
Former officers (1)
- Former: Robert Briggs (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $8K, to Jean Barry (VP/Treasurer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Margaret Rivers Fund
How much does Margaret Rivers Fund give each year?
Margaret Rivers Fund gave $1.8M across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.6M across 1 grant.
How large is Margaret Rivers Fund?
Margaret Rivers Fund reported $19.3M in total assets on its 2025 IRS Form 990-PF. It paid out $1.9M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets).
Where does Margaret Rivers Fund operate?
Margaret Rivers Fund has awarded grants in Minnesota.
What is Margaret Rivers Fund's EIN?
Margaret Rivers Fund's EIN (Employer Identification Number) is 41-6017102. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Margaret Rivers Fund by hand.
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