The Riversville Foundation is a private nonprofit foundation based in Greenwich, Connecticut. Established in 2001, it operates as a corporate foundation with a staff of two employees. The foundation is classified as a 501(c)(3) organization and maintains substantial assets to support its grantmaking activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.9M
-2.0% YoY
Annual Giving
$1.9M
+0.8% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$174K
+19.1% YoY
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.
Mission & Focus Areas
The Riversville Foundation primarily funds educational initiatives. Its grantmaking focuses on education, with documented support for higher education institutions and educational programs.
Grantmaking
The foundation is an active grantmaker with a demonstrated commitment to education funding. Recent grants include:
Grant Range
s typically range from $17,000 to $1,200,000, with an average grant amount of approximately $211,800 and a median grant size of $114,400.
Average Grant
amount of approximately $211,800 and a median grant size of $114,400.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends primarily to institutions in New York, North Carolina, and Illinois, with documented support for national educational organizations and colleges.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $36,598,486
- Total Revenues: $1,022,912
- Total Expenses: $2,599,720
- Total Giving: Approximately $1.9 million to $3 million (varies by reporting period)
Investment Income: The foundation generates investment income and dividends to support its grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,859,170 | $36,598,486 | $32,430,298 |
| Revenue | $601,151 | $1,022,912 | $1,224,217 |
| Expenses | $2,664,446 | $2,599,720 | $3,523,956 |
| Qualifying Distributions | $2,206,664 | $2,185,968 | $3,166,935 |
| Net Investment Income | $126,334 | $618,930 | $804,738 |
| Distributable Amount | $2,483,635 | $2,380,214 | $2,112,792 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vanguard Daf ($500,000), Nc A&t State University ($301,370), Spelman College ($238,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DEPAUL UNIVERSITY CHICAGO, IL | EDUCATIONAL | $102,000 |
| DOMINICAN COLLEGE ORANGEBURG, NY | EDUCATIONAL | $34,000 |
| ELON UNIVERSITY ELON, NC | EDUCATIONAL | $68,000 |
| FORDAM UNIVERSITY BRONX, NY | EDUCATIONAL | $170,000 |
| NC A&T STATE UNIVERSITY GREENSBORO, NC | EDUCATIONAL | $301,370 |
| PACE UNIVERSITY NEW YORK, NY | EDUCATIONAL | $59,500 |
| ROCKLAND COMMUNITY COLLEGE SUFFERN, NY | EDUCATIONAL | $126,000 |
| SPELMAN COLLEGE ATLANTA, GA | EDUCATIONAL | $238,000 |
| UNIVERSITY OF ILLINOIS URBANA, IL | EDUCATIONAL | $136,000 |
| VANGUARD DAF WARWICK, RI | SOCIAL WELFARE | $500,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Bruno Casolari serves as Executive Director, with compensation of $265,000 as of December 31, 2023.
Ann D Thivierge serves as Trustee.
The foundation also operates under the name "Biggs Barton M Ttee."
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANN D THIVIERGE | TRUSTEE | 10 | $300,000 |
| BRUNO CASOLARI | EXECUTIVE DIRECTOR | 35 | $270,000 |
Recent News & Activity
Recent developments and announcements
The foundation has supported scholarship programs, with documented recipients at Rockland Community College celebrating Riversville Foundation Scholarship awards at an annual luncheon. The foundation continues active grantmaking to educational institutions across multiple states.
Rockland Community College Celebrates Riversville Foundation ScholarshipSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Riversville Foundation fund?
The Riversville Foundation primarily funds educational initiatives. Its grantmaking focuses on education, with documented support for higher education institutions and educational programs.
How do I apply for a grant from The Riversville Foundation?
The foundation is an active grantmaker with a demonstrated commitment to education funding. Recent grants include: • Partnership Schools: $300,000 (2023) • Spelman College: $191,000 (2023) • DePaul University: $136,000 (2023) The foundation made 14 grants in its most recent reporting year. Grant sizes typically range from $17,000 to $1,200,000, with an average grant amount of approximately $211,800 and a median grant size of $114,400.
Where does The Riversville Foundation make grants?
The foundation's grantmaking extends primarily to institutions in New York, North Carolina, and Illinois, with documented support for national educational organizations and colleges.
What size grants does The Riversville Foundation award?
In 2024, The Riversville Foundation awarded 11 grants totaling $1.9M — an average of about $174K per grant, based on its IRS Form 990 filings.
How much is The Riversville Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Riversville Foundation reported a distributable amount of $2.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Riversville Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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