New Rivers Foundation Inc
New Rivers Foundation Inc is a private foundation, based in Flagler Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 2 grants totaling $19K.
New Rivers Foundation Inc at a glance
In short: New Rivers Foundation Inc gave $19K across 2 grants in 2024 (avg $9K), mostly in Florida. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $18,700
- +12.7% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $9,350
- +12.7% vs 2023
- Median grant
- $9,350
- Total assets
- $67,884
- -9.5% vs 2023
- Primary geography
- Florida (88% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who New Rivers Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Lifecoast Church ($17K). Together the top 2 received $19K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How New Rivers Foundation Inc gives
- Giving grew 114% from 2021 to 2024. Method
- In 2024 it paid out 532% 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 $9K (2021) to $19K (2022). In 2024 it made 2 grants totaling $19K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lifecoast Church Palm Coast, FL | General Fund | $16,500 |
| Good News Center Duluth, GA | General Fund | $2,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $67,884 | $23,418 | $30,530 | $18,700 | 2 | $18,700 | $3,518 |
| 2023 | $74,996 | $15,000 | $17,286 | $16,600 | 2 | $16,600 | $3,750 |
| 2022 | $77,282 | $18,850 | $19,128 | $18,850 | 3 | $19,128 | $3,813 |
| 2021 | $77,560 | $10,000 | $9,140 | $8,750 | 1 | $9,140 | — |
| 2020 | $76,701 | $10,000 | $350 | $10,800 | 2 | — | — |
Under IRS private-foundation payout rules, New Rivers Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
New Rivers Foundation Inc is led by Holly Wehde, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Holly Wehde
President
On filings since 2020
5 hrs/week
No compensation reported
Michael Wehde
Vice President
On filings since 2020
5 hrs/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 New Rivers Foundation Inc
How much does New Rivers Foundation Inc give each year?
New Rivers Foundation Inc gave $19K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $17K across 2 grants.
How large is New Rivers Foundation Inc?
New Rivers Foundation Inc reported $68K in total assets on its 2024 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).
Where does New Rivers Foundation Inc operate?
New Rivers Foundation Inc has awarded grants in Florida, Georgia, Ohio.
What is New Rivers Foundation Inc's EIN?
New Rivers Foundation Inc's EIN (Employer Identification Number) is 83-2840285. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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