The Crimson Riverstone Foundation

Foundation · Grantmaker Wilmington, DE EIN: 92-1776092

The Crimson Riverstone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 9 grants totaling $58K. Net investment income was $2.3M.

Key facts about The Crimson Riverstone Foundation

EIN
92-1776092
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$58,000
Grants made (2024)
9
Average grant
$6,444
Median grant
$2,000
Total assets
$5,563,835
Primary geography
California (66% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who The Crimson Riverstone Foundation funds

By grant dollars, the top recipient states for The Crimson Riverstone Foundation's 9 itemized 2024 grants were California (66%), New York (12%) and Texas (12%). The most frequent recipient cities were San Diego, CA (2 grants) and New York, NY (2 grants). 100% of grants with a stated purpose were for general or operating support.

How The Crimson Riverstone Foundation gives

  • In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.6M

+152.0% YoY

Annual Giving

$58K

Grant Count

9

Avg Grant Size

$6K

Under IRS private-foundation payout rules, The Crimson Riverstone Foundation reported a distributable amount of $79K for 2024 — the minimum it must pay out in qualifying distributions.

About The Crimson Riverstone Foundation

Based on IRS filings

The Crimson Riverstone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 9 grants totaling $58K. Net investment income was $2.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 9 itemized 2024 grant dollars.

Cities

New YorkSan DiegoBerkeleyHoustonKanabLa JollaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$953K$2M$3M$4M20232024
Metric20242023
Total Assets$5,563,835$2,207,599
Revenue$3,465,643$2,219,549
Expenses$109,407$11,950
Qualifying Distributions$71,223$11,858
Net Investment Income$2,270,987$229
Distributable Amount$78,873$17,291

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$29K$44K$58K0 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Del Norte High School Foundation: $35KDel Norte High SchoolFoundation$35KSoi Dog: $7KSoi Dog$7KMichael J Fox Foundation for Parkinsons Research: $5KMichael J Fox Foundation forParkinsons Research$5KHumane Society International: $4KHumane Society International$4KAmerican Society for the Prevention of Cruelty to: $2KAmerican Society for thePrevention of Cruelty to$2KBest Friends Animal Society: $2KBest Friends Animal Society$2KUniversity of California Berkeley Foundation: $2KUniversity of CaliforniaBerkeley Foundation$2KKPBS San Diego: $500KPBS San Diego$500Operation for Hope Foundation Inc: $500Operation for Hope FoundationInc$500

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Del Norte High School Foundation ($35,000), Soi Dog ($7,000), Michael J Fox Foundation for Parkinsons Research ($5,000).

RecipientPurposeAmount
DEL NORTE HIGH SCHOOL FOUNDATION San Diego, CADNHS Choir and General and Unrestricted$35,000
SOI DOG Houston, TXGeneral & Unrestricted$7,000
MICHAEL J FOX FOUNDATION FOR PARKINSONS RESEARCH New York, NYGeneral & Unrestricted$5,000
HUMANE SOCIETY INTERNATIONAL Washington, DCGeneral & Unrestricted$4,000
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO New York, NYGeneral & Unrestricted$2,000
BEST FRIENDS ANIMAL SOCIETY Kanab, UTGeneral & Unrestricted$2,000
UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION Berkeley, CAGeneral & Unrestricted$2,000
KPBS SAN DIEGO San Diego, CAGeneral & Unrestricted$500
OPERATION FOR HOPE FOUNDATION INC La Jolla, CAGeneral & Unrestricted$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Zhongmin Maxwell WangDir, Pres1—
Jiahan Jenny YuDir, Sec, Treas1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Crimson Riverstone Foundation?

The Crimson Riverstone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $5.6M in total assets as of 2024.

How large is The Crimson Riverstone Foundation?

As of 2024, The Crimson Riverstone Foundation holds $5.6M in total assets with $3.5M in annual revenue. It awarded 9 grants totaling $58K in 2024.

Where does The Crimson Riverstone Foundation operate?

The Crimson Riverstone Foundation has awarded grants in California, District of Columbia, New York, Texas, Utah.

What size grants does The Crimson Riverstone Foundation award?

In 2024, The Crimson Riverstone Foundation awarded 9 grants totaling $58K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is The Crimson Riverstone Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Crimson Riverstone Foundation reported a distributable amount of $79K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Crimson Riverstone Foundation's EIN?

The Crimson Riverstone Foundation's EIN (Employer Identification Number) is 92-1776092. IRS Form 990 filing data is available on this page for 2023–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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