FundersMinnesota

Riverway Foundation

Edina, MN · EIN 41-6406915. Reported 94 grants totalling $883,050 to 57 organizations across tax years 2021-2024. This foundation did not tell the IRS it funds only preselected organizations.

Yesaccepts unsolicited requests
$2,500median grant
$883,050granted, 2021-2024
57organizations funded
84%of grantees funded again the next year
$3,931,763assets, latest filing

Does this foundation accept applications?

Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Riverway Foundation did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.

This is the foundation's own statement to the IRS, not our judgement, and it says nothing about whether they have a form, a deadline, or an appetite for new grantees. Treat it as the reason this foundation is worth your research time, not as an invitation. Many small foundations of this kind have no website and no application process -- a letter of inquiry is the normal first step.

How big are its grants?

The median grant is $2,500. Half of everything it gave fell between $2,500 and $5,000; the smallest was $1,200 and the largest $234,200. If you are asking for materially more than the top of that range, you are asking the wrong foundation.

$1,000 - $5,000
66 grants
$5,000 - $10,000
19 grants
$10,000 - $25,000
4 grants
$25,000 - $50,000
2 grants
$50,000 - $100,000
1 grant
$100,000 and Up
2 grants

Every organization it funded

This is the complete list from its filings, largest first. Years funded is the number of separate tax years in which the organization received money -- more than one means a real relationship rather than a one-off.

OrganizationLocationTotal receivedGrantsYears fundedLast
See AttachedSee Attached, MN$419,400222022
American Red CrossWashington, DC$85,000222024
Hope AcademyMinneapolis, MN$76,250222024
Cristo ReyMinneapolis, MN$15,500222024
DunwoodyMinneapolis, MN$15,000222024
Greater Minneapolis Crisis NurseryMinneapolis, MN$15,000222024
Urban HomeworksMinneapolis, MN$15,000222024
Pinky Swear FoundationEdina, MN$12,500222024
Washburn Center for ChildrenMinneapolis, MN$12,000222024
Living Lands & WatersEast Moline, IL$10,000222024
Urban VenturesMinneapolis, MN$10,000222024
V3 SportsMinneapolis, MN$10,000112024
YMCA of the NorthMinneapolis, MN$10,000222024
Tree HouseMinneapolis, MN$9,000222024
Hunger Related EventsEdina, MN$7,500222024
Catholic CharitiesMinneapolis, MN$7,000222024
BridgingBloomington, MN$6,000222024
Dwelling PlaceColumbia Heights, MN$6,000222024
MicrograntsMinneapolis, MN$6,000222024
Neighborhood HouseSt Paul, MN$6,000222024
FraserMinneapolis, MN$5,500222024
SojournerHopkins, MN$5,500222024
True FriendsAnnandale, MN$5,500222024
Breanna's GiftMinneapolis, MN$5,000222024
Children's MinnesotaEdina, MN$5,000222024
Cystic Fibrosis FoundationBethesda, MD$5,000222024
People Serving PeopleMinneapolis, MN$5,000222024
Simpson Housing ServicesMinneapolis, MN$5,000222024
Southside Family Nurturing CenterMinneapolis, MN$5,000222024
Youth FrontiersMinneapolis, MN$5,000112024
Page Education FoundationMinneapolis, MN$4,500222024
Peacemaker MinnesotaRoseville, MN$4,500222024
Boys & Girls Clubs (bgctc)St Paul, MN$4,000112024
Folds of HonorWayzata, MN$4,000222024
Junior AchievementSt Paul, MN$4,000222024
Lutheran Social ServicesSt Paul, MN$4,000222024
Project for Pride in LivingMinneapolis, MN$4,000222024
Connections to IndependenceMinneapolis, MN$3,500112023
Elpis EnterprisesSt Paul, MN$3,000222024
Minnesota Teen ChallengeMinneapolis, MN$3,000112023
Open Your HeartMinneapolis, MN$3,000222024
PerspectivesSt Louis Park, MN$3,000112023
180 DegreesMinneapolis, MN$2,500112024
Big Brothers Big SistersMinneapolis, MN$2,500112023
Breakthrough TcSt Paul, MN$2,500112024
Centro GuadalupanoMinneapolis, MN$2,500112024
Division of Indian WorkMinneapolis, MN$2,500112024
Every MealRoseville, MN$2,500112024
Genesys WorksDallas, TX$2,500112023
Mn Tech for SuccessMinneapolis, MN$2,500112023
Park Nicollet FoundationSt Louis Park, MN$2,500112024
Minnesota DareSt Bonifacius, MN$2,400222024
Angel FoundationMendota Heights, MN$2,000112024
Bakken MuseumMinneapolis, MN$2,000112024
The Lift GarageMinneapolis, MN$2,000112024
Southern Valley AllianceBelle Plaine, MN$1,500112023
TubmanMinneapolis, MN$1,500112024

37 of 57 (65%) received money in more than one year over the 4 years we hold.

Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 84%, across 1 year-to-year transition. The median foundation retains about 67%, so this one is unusually consistent. A high number means its list is close to settled and a newcomer has to displace someone; a low one means it is still moving money around, which is where an opening is.

What the money was for

Taken verbatim from the purpose field of its filings. This is the closest thing to a statement of what this foundation cares about, in its own words.

What kind of organizations it funds

By the recipient's own IRS classification, for the 60 grants where we could identify the organization. These are assigned categories, not our guesses.

Human Services
20 grants
Education
6 grants
Mental Health
6 grants
Crime & Legal
4 grants
Housing & Shelter
4 grants
Diseases & Disorders
3 grants
Recreation & Sports
3 grants
Arts & Culture
3 grants

Giving by year

Tax yearGrantsTotalMedian grant
20211$234,200$234,200
20221$185,200$185,200
202343$190,450$2,500
202449$273,200$2,500

Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.

Where its money goes

Foundations concentrate geographically far more than their mission statements suggest. 88% of this one's giving went to organizations in Minnesota. If you are outside its footprint, that matters more than how well your programme fits.

Minnesota
$781K
District of Columbia
$85K
Illinois
$10K
Maryland
$5K
Texas
$2K

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Funders that support the same organizations

These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are the strongest available signal that two funders have overlapping priorities, and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

The Minneapolis Foundation34 shared recipientsFidelity Investments Charitable Gift Fund33 shared recipientsDonor Advised Charitable Giving Inc33 shared recipientsSaint Paul & Minnesota Foundation31 shared recipientsMightycause Charitable Foundation30 shared recipientsThe Richard M Schulze Family Foundation27 shared recipients

How to approach this foundation

  1. Check you are its size. The median grant is $2,500. Asking for ten times that is the most common way small organizations waste a submission.
  2. Check you are in its geography. Its giving is concentrated in Minnesota.
  3. Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
  4. Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.

Where these numbers come from

Everything above is taken from Riverway Foundation's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred, or estimated.

Address of record on the latest return: 6909 Dakota Trl, Edina, MN, 55439. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.

EIN 41-6406915 · See the original filings on ProPublica · How we build this

This is history, not an open call. Foundation returns are published about a year after the tax year ends. Nothing on this page is a deadline. It is a record of who this foundation has actually funded, which is the best available predictor of who it will fund next -- and a much better basis for deciding whether to write to them than a mission statement.

Is something here wrong about your foundation? Email hello@funderscope.com and we will correct it.