Novogradac Rivers Foundation

Private foundation · Grantmaker Orinda, CA EIN: 94-3399829

The Novogradac Rivers Foundation is a private foundation based in Orinda, California. Its 2024 grants supported charitable organizations, including universities, healthcare and research organizations, a school, and community organizations.

Novogradac Rivers Foundation at a glance

In short: Novogradac Rivers Foundation gave $603K across 12 grants in 2024 (avg $50K), mostly in California. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$603,200
-10.5% vs 2023
Grants made (2024)
12
-25.0% vs 2023
Average grant
$50,267
+19.3% vs 2023
Median grant
$17,600
Total assets
$16,607,014
-0.4% vs 2023
New grantees (estimate)
25% first-time grantees (3 of 12, 2024; small sample)
Primary geography
California (55% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Novogradac Rivers Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 244 Glorietta Blvd, Orinda, CA 94563
Phone: (925) 254-8080

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Novogradac Rivers Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Northwell Health Foundation: $200KNorthwell Health Foundation$200KStanford University: $200KStanford University$200KUCLA Jonsson Cancer Center: $53KUCLA Jonsson Cancer Center$53KClaremont McKenna College: $50KClaremont McKenna College$50KUniversity of Pittsburgh: $50KUniversity of Pittsburgh$50KRutgers University Foundation: $20KRutgers University Foundation$20KThe Athenian School: $15KThe Athenian School$15KMike Rowe Works Foundation: $10KMike Rowe Works Foundation$10KOakland Girls Softball League: $2KOakland Girls Softball League$2KThe Cancer League: $2KThe Cancer League$2K

The largest 2024 recipient was Northwell Health Foundation ($200K). Together the top 10 received $602K.

Grant Size Distribution

106 grants across all recorded years

91<$50K6$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 91 grants of 106 (86%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars were distributed among recipients in California (55%), New York (33%), Pennsylvania (8%), and New Jersey (3%); the reported share for Washington, D.C., was 0%. The listed grants included a $100 award to the Urban Land Institute Annual Fund in Washington, D.C.

Grant Distribution by State

16states

Share of 2024 grant dollars across all 12 itemized grants.

Cities

ClaremontNew YorkWashingtonOaklandStanfordDallasNew Hyde ParkNovatoPittsburghSan LeandroValparaisoBerkeleyBooneMountain ViewMulwaukeeNew BrunswickPalo AltoPrincetonSanta MonicaChicago

Is Novogradac Rivers Foundation open to new grantees?

25%

first-time grantees, 2024

In 2024, 3 of 12 grantees (25%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $23K; repeat grants $59K. How we count

Medians: $15K first-time, $20K repeat.

  • 58% of 2024 grantees were also funded in 2023. Method
  • Giving grew 68% from 2021 to 2024. Method
  • In 2024 it paid out 69% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K39 grants2020 27 grants2021 12 grants2022 16 grants2023 12 grants2024

From 2020 to 2024, annual grant giving ranged from $249K (2020) to $674K (2023). In 2024 it made 12 grants totaling $603K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Northwell Health Foundation New Hyde Park, NYGeneral Assistance$200,000
Stanford University Stanford, CAGeneral Asssitance$200,000
UCLA Jonsson Cancer Center Los Angeles, CAGeneral Assistance$53,150
Claremont McKenna College Claremont, CAGeneral Asssitance$50,000
University of Pittsburgh Pittsburgh, PANeurosurgery Skull Base Research and Innovation Fund$50,000
Rutgers University Foundation New Brunswick, NJGeneral Assistance$20,200
The Athenian School Danville, CAExcellent Educator Grant$15,000
Mike Rowe Works Foundation Santa Monica, CAGeneral Assistance; Matching Contributions$10,000
Oakland Girls Softball League Oakland, CAGeneral Assistance$2,000
The Cancer League Oakland, CAGeneral Assistance$1,500
Your AI grants department

Ready to take the next step with Novogradac Rivers Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$16,607,014$549,160$633,095$603,20012$603,200$549,162$874,801
2023$16,681,949$5,461,404$681,603$674,33316$674,333$461,409$646,842
2022$11,911,148$1,774,860$334,281$331,56612$331,566$275,885$603,306
2021$10,469,569$195,309$376,023$358,76427$358,764$194,209$516,280
2020$10,635,076$233,519$279,233$249,20539—$226,319$1,192,588

Under IRS private-foundation payout rules, Novogradac Rivers Foundation reported a distributable amount of $875K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for education, healthcare and research, youth sports, and other charitable purposes.

Grantees describe their own work in varied ways. Northwell Health Foundation says it supports efforts including assistance to underserved and uninsured people, medical technology and research, and facilities and programs within Northwell Health. The Cancer League says it funds early-stage cancer research in the San Francisco Bay Area. The Athenian School describes itself as an independent school serving grades 6 through 12. The Oakland Girls Softball League also received a grant.

Grantmaking

In 2024, the foundation made 12 grants totaling $603,200. Grant amounts ranged from $100 to $200,000, with a median of $17,600. Its largest awards were $200,000 each to Northwell Health Foundation and Stanford University. Other notable grants included $53,150 to UCLA Jonsson Cancer Center, $50,000 each to Claremont McKenna College and the University of Pittsburgh, and $20,200 to Rutgers University Foundation.

The University of Pittsburgh grant supported its Neurosurgery Skull Base Research and Innovation Fund. Other listed purposes included general assistance, an Excellent Educator Grant to The Athenian School, and general assistance and matching contributions to the Mike Rowe Works Foundation.

The grantee descriptions span several areas: the University of Pittsburgh describes itself as a public research university serving its region, state, and nation through education and research; Rutgers University Foundation says its mission is to support Rutgers in education, research, and public service; and The NHP Foundation says it works to preserve and create affordable multifamily housing for low- to moderate-income families and seniors.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Michael J. Novogradac as CEO, Charles J. Novogradac as CFO, John Ross J. Novogradac as secretary, and Elizabeth J. Novogradac as assistant secretary.

Novogradac Rivers Foundation is led by Michael J. Novogradac, CEO on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael J. Novogradac

    CEO

    On filings since 2020

    No compensation reported

  • Charles J. Novogradac

    CFO

    Secretary → CFO, 2023

    On filings since 2020

    No compensation reported

  • John Ross J. Novogradac

    Secretary

    Director → Secretary, 2023

    On filings since 2022

    No compensation reported

  • Elizabeth J. Novogradac

    Assistant Secretary

    On filings since 2023

    No compensation reported

Former officers (1)
  • Former: Barbara J. Novogradac (2020–2022) — Vice President

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 Novogradac Rivers Foundation

How much does Novogradac Rivers Foundation give each year?

Novogradac Rivers Foundation gave $603K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $674K across 16 grants.

What is Novogradac Rivers Foundation's typical grant size?

Novogradac Rivers Foundation's median grant in 2024 was $17,600, and its average grant was $50,267, across 12 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Novogradac Rivers Foundation that year got $23K on average.

Where does Novogradac Rivers Foundation give grants?

Novogradac Rivers Foundation gives mostly in California: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (33%) and Pennsylvania (8%). The most frequent recipient cities were Oakland, CA (2 grants).

Does Novogradac Rivers Foundation give general operating support?

Yes: 83% of Novogradac Rivers Foundation's 2024 grants with a stated purpose (10 of 12) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Novogradac Rivers Foundation's largest grantees?

Novogradac Rivers Foundation's largest 2024 grantees include Northwell Health Foundation ($200,000), Stanford University ($200,000) and UCLA Jonsson Cancer Center ($53,150), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.

How large is Novogradac Rivers Foundation?

Novogradac Rivers Foundation reported $16.6M in total assets on its 2024 IRS Form 990-PF. It paid out $603K in qualifying distributions that year, against a required minimum of $875K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Novogradac Rivers Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for education, healthcare and research, youth sports, and other charitable purposes. See mission & focus areas ↑

How do I apply for a grant from Novogradac Rivers Foundation?

The foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Novogradac Rivers Foundation's EIN?

Novogradac Rivers Foundation's EIN (Employer Identification Number) is 94-3399829. IRS Form 990 filing data is available on this page for 2020–2024.

Does Novogradac Rivers Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Novogradac Rivers Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in California

The Chicago Community Trust

Chicago, IL

The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.

Assets

$7.1B

Grants

4,316

Total Given

$1.2B

Silicon Valley Community Foundation

Mountain View, CA

Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.3B

Grants

3,576

Total Given

$3.2B

California Community Foundation

Los Angeles, CA

The California Community Foundation supports nonprofits through discretionary and donor-directed grants, with discretionary priorities including education, health, housing and immigration, alongside other areas such as arts, civic engagement and economic opportunity. Its 2025 grants had a median of $50,000, and its work is focused on Los Angeles County; prospective discretionary applicants are asked to contact the relevant program officer before submitting a letter of intent.

Assets

$2.3B

Grants

2,174

Total Given

$326.6M

The William & Flora Hewlett Foundation

Menlo Park, CA

The William & Flora Hewlett Foundation funds education, climate and conservation, the arts, democracy, gender equity, racial justice, and efforts to strengthen nonprofits and philanthropy, with work spanning the San Francisco Bay Area, the U.S. West, and locations including East and West Africa and Mexico. Its 2024 grants had a median award of $150,000, though amounts varied widely. It generally does not accept unsolicited requests, but sometimes invites proposals through open processes.

Philanthropy, Voluntarism & Grantmaking

Assets

$14.2B

Grants

2,001

Total Given

$625.0M

Marin Community Foundation

Novato, CA

Marin Community Foundation funds work in affordable housing and homelessness, community resilience and power, as well as social services, education, arts and conservation, with a focus on marginalized Marin County residents and some broader U.S. and international grantmaking. Its 2025 grants had a median of $25,000, though amounts varied widely. The profile does not state whether it accepts unsolicited requests.

Assets

$1.3B

Grants

1,573

Total Given

$186.1M

Direct Relief

Santa Barbara, CA

Direct Relief supports healthcare providers serving people affected by poverty or emergencies, including community health centers, clinics, and grassroots organizations, with medicines, supplies, and funding for health access and equity. In 2025, its grants had a median award of about $65,000, and its work spans all 50 U.S. states and countries around the world; the profile does not state whether it accepts unsolicited requests.

International, Foreign Affairs & National Security

Assets

$1.3B

Grants

1,367

Total Given

$337.4M

More similar funders

More Funders in California

Cite this profile

Grantable. (2026). Novogradac Rivers Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/novogradac-rivers-foundation-morg_85a4da7cf2c1469e8b024458f9c47c09

BibTeX
@misc{grantable_943399829_2026,
  author       = {{Grantable}},
  title        = {{Novogradac Rivers Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/novogradac-rivers-foundation-morg_85a4da7cf2c1469e8b024458f9c47c09},
  note         = {Accessed 2026-10-13. 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 Novogradac Rivers 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.

Novogradac Rivers Foundation down — hundreds of funders to go?

Want AI to do this for you?