River Road Foundation FY2022 filing

Tax-deductible

Eagan, MN501(c)(3)Foundations & GrantmakersEIN 41-2008605

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average surplus $7K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$334K
+28% vs prior year
Spent
$662K
Net assets
$5.9M
By yearFY2020–FY2025
Revenue
$334K
FY2022▲ +28%
Revenue by fiscal year
FY2020$307K
FY2021$262K
FY2022$334K
FY2023$242K
FY2024$2.2M
FY2025$563K
Expenses
$662K
FY2022▲ +16%
Expenses by fiscal year
FY2020$564K
FY2021$569K
FY2022$662K
FY2023$679K
FY2024$685K
FY2025$741K
Net assets
$5.9M
FY2022▼ -5%
Net assets by fiscal year
FY2020$6.6M
FY2021$6.3M
FY2022$5.9M
FY2023$5.5M
FY2024$7.0M
FY2025$6.9M

From the FY2022 Form 990 · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 80% · $530K Operating & administrative 20% · $133K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See River Road Foundation executive salaries →

Programs and updates

A private foundation based in Eagan, MN.

Provided by the organization

This section is blank until River Road Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 23 grants · $520K · 2025–2025
St Paul Academy and Summit SchoolFY2025$145,000
Neighborhood HouseFY2025$50,000
Migizi Communications INCFY2025$50,000
Hallie Q Brown Community CenterFY2025$50,000
Colgate UniversityFY2025$50,000
Friends of the Mississippi RiverFY2025$35,000
The Family PartnershipFY2025$30,000
American Camper AssociationFY2025$10,001
Habitat for HumanityFY2025$10,000
Walker Art CenterFY2025$10,000
Textile CenterFY2025$10,000
Planned Parenthood of MN ND and SDFY2025$10,000
Minneapolis Institute of ArtsFY2025$10,000
Friends of the Parks and Trails St PaulFY2025$5,000
Nantucket Historical AssociationFY2025$5,000
Somerset Scholarship FundFY2025$5,000
Springboard for the ArtsFY2025$5,000
Park Square TheaterFY2025$5,000
See all 23 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$23K
Median grantPart XV$10K
Largest grantPart XV$145K

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$334K
Investment income$334K
Other income$429
Money out
$662K
Grants paid$530K
Running costs$133K
Owns and owes
$5.9M
net assets
Cash and savings$66K
Total assets$5.9M
Liabilities$0
2In more detail
Revenue in detail
Investment income$334K
Other income$429
Total revenue$334K
Assets in detailEnd of year
Cash and savings together$66K
Total assets$5.9M
Liabilities$0
Net assets$5.9M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $563K$741K−$178K$6.9M 990 PDF
FY2024 $2.2M$685K$1.6M$7.0M 990 PDF
FY2023 $242K$679K−$436K$5.5M 990 PDF
FY2022 Viewing $334K$662K−$328K$5.9M 990 PDF
FY2021 $262K$569K−$307K$6.3M 990 PDF
FY2020 $307K$564K−$257K$6.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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