River Park Foundation
River Park Foundation is a private foundation based in Brooklyn, New York. Its 2023 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Key facts about River Park Foundation
- EIN
- 82-5227984
- Latest 990 filing
- Form 990-PF, 2023
- Total assets
- $2,920
- 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. Full details ↓
Data from IRS Form 990-PF, 2023; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$3K
-57.9% YoY
Revenue
—
Qualifying Distributions
$4K
-59.2% YoY
Expenses
$4K
-59.2% YoY
Under IRS private-foundation payout rules, River Park Foundation reported a distributable amount of $264 for 2023 — the minimum it must pay out in qualifying distributions.
How River Park Foundation gives
- 56% of 2021 grantees were also funded in 2020. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Grantmaking
The foundation reported 16 grants totaling $1,185,301 in 2021, an average of approximately $74,081 per grant. It reported no grants in 2022 or 2023. No grantee names or individual grant amounts are available here.
How to Apply
The foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations.
Ready to take the next step with River Park Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $945K (2020) to $1.2M (2021). In 2021 it made 16 grants totaling $1.2M.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 37 grants of 46 (80%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2023 | $2,920 | — | $4,013 | 0 |
| 2022 | $6,933 | $3,065 | $9,834 | 0 |
| 2021 | $13,702 | — | $1,189,093 | $1,185,301 across 16 grants |
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $2,920 | $6,933 | $13,702 |
| Revenue | — | $3,065 | — |
| Expenses | $4,013 | $9,834 | $1,189,093 |
| Qualifying Distributions | $4,013 | $9,834 | $1,189,063 |
| Distributable Amount | $264 | $508 | $29,956 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Leadership team and compensation from IRS filings
The 2023 filing lists Joel Kestenbaum as president, Jonathan Landau as secretary, and Terrence Storey as treasurer.
River Park Foundation is led by Joel Kestenbaum, President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Joel Kestenbaum
President
On filings since 2020
1 hr/week
No compensation reported
Jonathan Landau
Secretary
On filings since 2020
1 hr/week
No compensation reported
Terrence Storey
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 45 Main Street Suite 800, Brooklyn, NY 11201
Phone: (718) 907-7704
Frequently asked questions about River Park Foundation
How large is River Park Foundation?
River Park Foundation reported $3K in total assets on its 2023 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $264 (roughly 5% of its investment assets).
How do I apply for a grant from River Park 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 River Park Foundation's EIN?
River Park Foundation's EIN (Employer Identification Number) is 82-5227984. IRS Form 990 filing data is available on this page for 2020–2023.
Does River Park 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.
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