The Riversville Foundation
The Riversville Foundation is a private foundation based in Greenwich, Connecticut. In 2024, it reported 11 grants totaling $1,915,870, most of them to educational institutions.
The Riversville Foundation at a glance
In short: The Riversville Foundation gave $1.9M across 11 grants in 2024 (avg $174K), top state Rhode Island. 9% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,915,870
- +0.8% vs 2023
- Grants made (2024)
- 11
- -15.4% vs 2023
- Average grant
- $174,170
- +19.1% vs 2023
- Median grant
- $136,000
- Total assets
- $35,859,170
- -2.0% vs 2023
- New grantees (estimate)
- 9% first-time grantees (1 of 11, 2024; small sample)
- Primary geography
- Rhode Island (26% 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 The Riversville Foundation
- How to Apply
-
The foundation states that it does not restrict giving to preselected organizations. Requests should be made in writing and include a concise description of the applicant’s charitable nature, rationale, proposed use of funds, and other descriptive material, including a summary of the principal’s background and activities. The foundation is receptive to a variety of proposals on almost any subject, with a bias toward activities in the USA.
- Review Cycle
- There are no submission deadlines. Applicants should not expect a reply unless the foundation has an interest.
- Deadline
- There are no submission deadlines.
- Contact
Application contact: Mr Bruno Casolari Executive Directo
Mailing address: 1465 Nelson Avenue, New York, NY 10452
Phone: (718) 588-1472
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Riversville Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Vanguard DAF ($500K). Together the top 10 received $1.9M.
Grant Size Distribution
65 grants across all recorded years
The most common grant size was in the $100–250K range: 37 grants of 65 (57%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grants went to recipients in multiple states. The largest stated shares of grant dollars went to Rhode Island (26%), New York (20%), North Carolina (19%), Illinois (12%), and Georgia (12%). Listed recipients were also located in Louisiana.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
Cities
Is The Riversville Foundation open to new grantees?
9%
first-time grantees, 2024
In 2024, 1 of 11 grantees (9%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $500K; repeat grants $142K. How we count
Medians: $500K first-time, $131K repeat.
- 91% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+16%). Method
- In 2024 it paid out 89% 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
From 2020 to 2024, annual grant giving ranged from $1.7M (2021) to $3.0M (2022). In 2024 it made 11 grants totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vanguard DAF Warwick, RI | Social Welfare | $500,000 |
| NC A&T State University Greensboro, NC | Educational | $301,370 |
| Spelman College Atlanta, GA | Educational | $238,000 |
| Xavier University of Louisiana New Orleans, LA | Educational | $181,000 |
| Fordam University Bronx, NY | Educational | $170,000 |
| University of Illinois Urbana, IL | Educational | $136,000 |
| Rockland Community College Suffern, NY | Educational | $126,000 |
| Depaul University Chicago, IL | Educational | $102,000 |
| Elon University Elon, NC | Educational | $68,000 |
| Pace University New York, NY | Educational | $59,500 |
Ready to take the next step with The Riversville Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $35,859,170 | $601,151 | $2,664,446 | $1,915,870 | 11 | $2,206,664 | $126,334 | $2,483,635 |
| 2023 | $36,598,486 | $1,022,912 | $2,599,720 | $1,901,000 | 13 | $2,185,968 | $618,930 | $2,380,214 |
| 2022 | $32,430,298 | $1,224,217 | $3,523,956 | $2,964,882 | 14 | $3,166,935 | $804,738 | $2,112,792 |
| 2021 | $37,339,000 | $3,110,640 | $2,254,614 | $1,655,425 | 13 | $1,846,682 | $2,698,029 | $2,228,513 |
| 2020 | $33,808,792 | $1,262,641 | $2,237,722 | $1,702,975 | 14 | — | $917,015 | $2,051,456 |
Under IRS private-foundation payout rules, The Riversville Foundation reported a distributable amount of $2.5M 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 educational institutions, including NC A&T State University, Spelman College, Xavier University of Louisiana, Fordham University, and the University of Illinois. One listed grant, to Vanguard DAF, was designated for social welfare.
The grantees describe their missions in their own terms. Xavier University of Louisiana says it prepares students for leadership and service in a global society, with the aim of promoting a more just and humane society. DePaul University describes itself as an innovative Catholic, Vincentian university committed to students’ integral human development. Elon University says it aims to transform mind, body, and spirit and offers liberal arts undergraduate and graduate programs. Pace University says it educates “thinking professionals” who can positively impact society.
Grantmaking
In 2024, the foundation reported 11 grants totaling $1,915,870. Grant amounts ranged from $34,000 to $500,000, with a median of $136,000. Its largest listed grants were $500,000 to Vanguard DAF for social welfare; $301,370 to NC A&T State University; $238,000 to Spelman College; $181,000 to Xavier University of Louisiana; and $170,000 to Fordham University. The other listed grants went to the University of Illinois ($136,000), Rockland Community College ($126,000), DePaul University ($102,000), Elon University ($68,000), Pace University ($59,500), and Dominican College ($34,000).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Ann D Thivierge as trustee and Bruno Casolari as executive director.
The Riversville Foundation is led by Bruno Casolari, Executive Director on every filing since 2020; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
Bruno Casolari
Executive Director
On filings since 2020
35 hrs/week
$200K (2020) → $270K (2024)
Ann D. Thivierge
Trustee
On filings since 2020
10 hrs/week
$135K (2020) → $300K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $300K, to Ann D Thivierge (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Riversville Foundation
How much does The Riversville Foundation give each year?
The Riversville Foundation gave $1.9M across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.9M across 13 grants.
What is The Riversville Foundation's typical grant size?
The Riversville Foundation's median grant in 2024 was $136,000, and its average grant was $174,170, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Riversville Foundation that year got $500K on average.
Where does The Riversville Foundation give grants?
The Riversville Foundation's top state is Rhode Island, with 26% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (20%) and North Carolina (19%).
Does The Riversville Foundation give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on The Riversville Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (10 grants).
Who are The Riversville Foundation's largest grantees?
The Riversville Foundation's largest 2024 grantees include Vanguard DAF ($500,000), NC A&T State University ($301,370) and Spelman College ($238,000), according to its 2024 IRS Form 990-PF. Together they received 54% of its itemized 2024 grant dollars.
How large is The Riversville Foundation?
The Riversville Foundation reported $35.9M in total assets on its 2024 IRS Form 990-PF. It paid out $2.2M in qualifying distributions that year, against a required minimum of $2.5M (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 The Riversville Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for educational institutions, including NC A&T State University, Spelman College, Xavier University of Louisiana, Fordham University, and the University of Illinois. See mission & focus areas ↑
How do I apply for a grant from The Riversville Foundation?
The foundation states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Riversville Foundation's EIN?
The Riversville Foundation's EIN (Employer Identification Number) is 06-6504128. IRS Form 990 filing data is available on this page for 2020–2024.
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
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Riversville Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The Riversville Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Riversville Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-riversville-foundation-morg_f4d36fb701a64f91879ae097278ef17a
BibTeX
@misc{grantable_066504128_2026,
author = {{Grantable}},
title = {{The Riversville Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-riversville-foundation-morg_f4d36fb701a64f91879ae097278ef17a},
note = {Accessed 2026-10-18. 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 The Riversville 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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