River Road Foundation
- Assets
- $5.9m
- Revenue
- $334.1k
- Investments
- $5.9m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 41-2008605
Organization Overview
River Road Foundation is located in Milwaukee, WI. The organization was established in 2002. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Road Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, River Road Foundation generated $334.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.4%) each year. All expenses for the organization totaled $662.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, River Road Foundation has awarded 80 individual grants totaling $1,389,503. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce A Lilly President/director | 0 | $0 | |
Bruce Lilly Jr Treasurer | 0 | $0 | |
Ruby Pediangco Secretary | 0 | $0 | |
Robert P Lilly Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $146,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $186,988 |
| Capital Gain Net Income | $186,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $429 |
| Total Revenue | $334,118 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,688 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $132,933 |
| Contributions, gifts, grants paid | $529,501 |
| Total expenses and disbursements | $662,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,435 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,419,911 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $814 |
| Total assets | $5,933,141 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, River Road Foundation has awarded $529,501 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
COLGATE UNIVERSITY PURPOSE: GENERAL OPERATING | $50,000 |
JDRF PURPOSE: GENERAL OPERATING | $5,000 |
PUBLIC ART ST PAUL PURPOSE: GENERAL OPERATING | $5,000 |
NEIGHBORHOOD HOUSE PURPOSE: GENERAL OPERATING | $50,000 |
SANKATY HEAD FOUNDATION INC PURPOSE: GENERAL OPERATING | $5,000 |
NANTUCKET HISTORICAL ASSOCIATION PURPOSE: GENERAL OPERATING | $5,000 |