River Falls Library Foundation Inc logo

River Falls Library Foundation Inc

Public charity · Grantmaker River Falls, WI EIN: 39-1651737 Website

To support River Falls Library programs.

Key facts about River Falls Library Foundation Inc

In short: River Falls Library Foundation Inc gave $29K across 1 grant in 2024 (avg $29K), mostly in Wisconsin. Source: 2024 IRS Form 990.

EIN
39-1651737
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$28,981
Grants made (2024)
1
Average grant
$28,981
Median grant
$28,981
Total assets
$1,055,811
Primary geography
Wisconsin (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$1.1M

+5.1% YoY

Annual Giving

$29K

+20.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$29K

+20.0% YoY

How River Falls Library Foundation Inc gives

  • Giving grew 132% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About River Falls Library Foundation Inc

Based on IRS filings

River Falls Library Foundation Inc is a public charity, based in River Falls, WI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grant totaling $29K. Net investment income was $34K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

River Falls

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2019 to 2024, annual grant giving ranged from $12K (2021) to $37K (2022). In 2024 it made 1 grant totaling $29K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

City of River Falls: $29KCity of River Falls$29K

The largest 2024 recipient was City of River Falls ($29K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
City of River Falls River Falls, WIProgram support for the library$28,981

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$25K$50K$75K$100K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,055,811$1,004,424$880,419
Revenue$48,387$46,215$27,884
Expenses$82,037$27,167$39,047
Net Investment Income$33,716$20,951$673

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS March 23, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 14, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 31, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS April 28, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

River Falls Library Foundation Inc is led by Kay Montgomery, President on every filing since 2019; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kay Montgomery

    President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Linda Jacobson

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Dave Ostness

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Callie Trautmiller

    Vice President

    Director → Secretary, 2023

    Secretary → Vice President, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Alyce Jacobs

    Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Sarah Nelson

    Treasurer

    New on the 2024 filing

    3 hrs/week

    No compensation reported

Former officers (9)
  • Former: Betsy Weterhaus (2019–2023) — Vice President
  • Former: Mae Wolfe (2021–2023) — Treasurer
  • Former: Marilyn Plansky (2019–2022) — Director
  • Former: Tony Pedriana (2019–2022) — Secretary
  • Former: Kabe Chaffee (2022) — Director
  • Former: Katie Chaffee (2019–2021) — Director
  • Former: Rita Kozak (2019–2021) — Treasurer · Filing note: Thru May '21
  • Former: Max Neuhaus (2019–2020) — Director
  • Former: Russell Swanson (2019) — Treasurer

Data from IRS Form 990 filings, 2019–2024. "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 River Falls Library Foundation Inc

How much does River Falls Library Foundation Inc give each year?

River Falls Library Foundation Inc gave $29K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $24K across 1 grant.

How large is River Falls Library Foundation Inc?

River Falls Library Foundation Inc reported $1.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $48K.

Where does River Falls Library Foundation Inc operate?

River Falls Library Foundation Inc has awarded grants in Wisconsin.

What is River Falls Library Foundation Inc's EIN?

River Falls Library Foundation Inc's EIN (Employer Identification Number) is 39-1651737. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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