River Road Foundation

Private foundation · Grantmaker Eagan, MN EIN: 41-2008605

River Road Foundation is a private foundation based in Eagan, Minnesota. Its filing says it primarily makes grants to educational, cultural, youth, environmental, education, and community-support organizations in Minnesota.

River Road Foundation at a glance

In short: River Road Foundation gave $520K across 23 grants in 2025 (avg $23K), mostly in Minnesota. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$520,001
-1.9% vs 2024
Grants made (2025)
23
-4.2% vs 2024
Average grant
$22,609
+2.4% vs 2024
Median grant
$10,000
Total assets
$6,871,572
-2.5% vs 2024
New grantees (estimate)
0% first-time grantees (0 of 23, 2025; small sample)
Primary geography
Minnesota (74% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to River Road Foundation

How to Apply

Applications may be submitted in letter form outlining the request, with supporting materials the applicant desires, through Charitable Services Group. The foundation says it does not restrict giving to preselected organizations. It makes no grants to individuals or organizations requiring expenditure responsibility.

Review Cycle
November 1.
Deadline
November 1.
Contact

Application contact: Charitable Services Group
Mailing address: 800 Nicollet Mall Ste 800, Minneapolis, MN 55402
Phone: (612) 303-2847

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

Who River Road Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

St Paul Academy and Summit School: $145KSt Paul Academy and SummitSchool$145KColgate University: $50KColgate University$50KHallie Q Brown Community Center: $50KHallie Q Brown CommunityCenter$50KMigizi Communications Inc: $50KMigizi Communications Inc$50KNeighborhood House: $50KNeighborhood House$50KFriends of the Mississippi River: $35KFriends of the MississippiRiver$35KThe Family Partnership: $30KThe Family Partnership$30KAmerican Camper Association: $10KAmerican Camper Association$10KMinneapolis Institute of Arts: $10KMinneapolis Institute of Arts$10KPlanned Parenthood of MN ND and SD: $10KPlanned Parenthood of MN NDand SD$10K

The largest 2025 recipient was St Paul Academy and Summit School ($145K). Together the top 10 received $440K.

Grant Size Distribution

128 grants across all recorded years

100<$50K25$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 100 grants of 128 (78%).

Geographic Focus

Where this funder awards grants

The foundation’s filing says it primarily makes grants to organizations in Minnesota. In 2025, grant dollars were reported by recipient state as Minnesota 74%, New York 10%, Oregon 10%, Massachusetts 2%, and Wisconsin 2%.

Grant Distribution by State

9states

Share of 2025 grant dollars across all 23 itemized grants.

Cities

Saint PaulMinneapolisCableHamiltonNantucketMendota HeightsNew YorkCharlotteMartinsvillePine RiverSiaconsetSiasconsetLake ForestNew RichmondAtlantaAugustaBloomingtonMendota HTSMilwaukeePortland

Is River Road Foundation open to new grantees?

0%

first-time grantees, 2025

In 2025, 0 of 23 grantees (0%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. How we count

  • 91% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−2%). Method
  • In 2025 it paid out 75% 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 (2020–2025). 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$600K26 grants2020 27 grants2021 27 grants2022 27 grants2023 24 grants2024 23 grants2025

From 2020 to 2025, annual grant giving ranged from $430K (2020) to $550K (2023). In 2025 it made 23 grants totaling $520K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St Paul Academy and Summit School Saint Paul, MNGeneral Operating$145,000
Colgate University Hamilton, NYGeneral Operating$50,000
Hallie Q Brown Community Center St. Paul, MNGeneral Operating$50,000
Migizi Communications Inc Minneapolis, MNGeneral Operating$50,000
Neighborhood House Portland, ORGeneral Operating$50,000
Friends of the Mississippi River Saint Paul, MNGeneral Operating$35,000
The Family Partnership Minneapolis, MNGeneral Operating$30,000
American Camper Association Pine River, MNGeneral Operating$10,001
Minneapolis Institute of Arts Minneapolis, MNGeneral Operating$10,000
Planned Parenthood of MN ND and SD St. Paul, MNGeneral Operating$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$6,871,572$562,919$741,412$520,00123$533,240$386,452$708,932
2024$7,047,573$2,236,957$685,147$530,00124$561,222$2,113,174$584,358
2023$5,495,826$242,432$678,648$549,50127$574,870$143,676$495,564
2022$5,933,141$334,118$662,434$529,50127$556,220$228,775$486,142
2021$6,262,659$261,738$568,749$430,00127$458,095$140,970$552,309
2020$6,570,865$306,880$564,089$430,00126—$171,606$463,426

Under IRS private-foundation payout rules, River Road Foundation reported a distributable amount of $709K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation does not state a mission in the available information. Its filing describes its grantmaking as primarily supporting educational, cultural, youth, environmental, education, and community-support organizations in Minnesota.

Its 2025 grantees illustrate a range of work. MIGIZI Communications says it supports the educational, social, economic, and cultural development of American Indian youth. Friends of the Mississippi River says it engages people to protect, restore, and enhance the Mississippi River and its watershed in the Twin Cities region. Hallie Q. Brown Community Center says its work includes providing access to human services, promoting African American heritage, and developing community leadership. These are descriptions of the grantees’ missions.

Grantmaking

In 2025, the foundation reported 23 grants totaling $520,001. Grant amounts ranged from $5,000 to $145,000, with a median of $10,000. Previous reported totals were $530,001 across 24 grants in 2024 and $549,501 across 27 grants in 2023.

The largest 2025 grant was $145,000 to St. Paul Academy and Summit School for general operating support. Other large grants included $50,000 each to Colgate University, Hallie Q. Brown Community Center, MIGIZI Communications, and Neighborhood House in Portland, Oregon; and $35,000 to Friends of the Mississippi River. The foundation also awarded $30,000 to The Family Partnership and $10,000 each to the American Camper Association, Minneapolis Institute of Arts, Planned Parenthood of Minnesota, North Dakota and South Dakota, Textile Center, and Walker Art Center. These grants were listed for general operating support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Bruce A Lilly as president and director, Bruce Lilly Jr as treasurer, and Robert P Lilly as vice president.

River Road Foundation is led by Bruce A. Lilly, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bruce A. Lilly

    President & Director

    On filings since 2020

    No compensation reported

  • Bruce Lilly Jr.

    Treasurer

    Treasurer` → Treasurer, 2021

    On filings since 2020

    No compensation reported

  • Robert P. Lilly

    Vice President

    On filings since 2020

    No compensation reported

Former officers (1)
  • Former: Ruby Pediangco (2020–2024) — Secretary

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.

Frequently asked questions about River Road Foundation

How much does River Road Foundation give each year?

River Road Foundation gave $520K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $530K across 24 grants.

What is River Road Foundation's typical grant size?

River Road Foundation's median grant in 2025 was $10,000, and its average grant was $22,609, across 23 grants on its 2025 IRS Form 990-PF.

Where does River Road Foundation give grants?

River Road Foundation gives mostly in Minnesota: 74% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (10%) and Oregon (10%). The most frequent recipient cities were Saint Paul, MN (8 grants), Minneapolis, MN (5 grants) and Cable, WI (2 grants).

Does River Road Foundation give general operating support?

Yes: 100% of River Road Foundation's 2025 grants with a stated purpose (23 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are River Road Foundation's largest grantees?

River Road Foundation's largest 2025 grantees include St Paul Academy and Summit School ($145,000), Colgate University ($50,000) and Hallie Q Brown Community Center ($50,000), according to its 2025 IRS Form 990-PF. Together they received 47% of its itemized 2025 grant dollars.

How large is River Road Foundation?

River Road Foundation reported $6.9M in total assets on its 2025 IRS Form 990-PF. It paid out $533K in qualifying distributions that year, against a required minimum of $709K (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 River Road Foundation fund?

The foundation does not state a mission in the available information. Its filing describes its grantmaking as primarily supporting educational, cultural, youth, environmental, education, and community-support organizations in Minnesota. See mission & focus areas ↑

How do I apply for a grant from River Road Foundation?

Applications may be submitted in letter form outlining the request, with supporting materials the applicant desires, through Charitable Services Group. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is River Road Foundation's EIN?

River Road Foundation's EIN (Employer Identification Number) is 41-2008605. 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. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 13, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 28, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  5. Added Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). River Road Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/river-road-foundation-morg_b107b4dd07ab4b3499184992f0bd46c9

BibTeX
@misc{grantable_412008605_2026,
  author       = {{Grantable}},
  title        = {{River Road Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/river-road-foundation-morg_b107b4dd07ab4b3499184992f0bd46c9},
  note         = {Accessed 2026-10-11. 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 River Road 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.

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