Riverstyx Foundation is located in Kirkland, WA. The organization was established in 2002. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverstyx 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, Riverstyx Foundation generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Riverstyx Foundation has awarded 425 individual grants totaling $13,264,919. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT OTHER QUALIFIED CHARITIES DEEMED APPROPRIATE BY THE BOARD OF TRUSTEES. THE BOARD MADE CHARITABLE CONTRIBUTIONS TO 25 DIFFERENT CHARITIES DURING 2022.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James L Swift President | 1 | $0 | |
Steve Brinn Secretary | 5 | $0 | |
T Cody Swift Vice President | 15 | $0 | |
Don R Carlin Treasurer | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Badgley Phelps Investment Managers | 12/30/22 | $246,933 |
Vwc Ps | 12/30/22 | $98,410 |
Fiducia Llc | 12/30/22 | $61,548 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $252,917 |
| Interest on Savings | $184 |
| Dividends & Interest | $623,399 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,521,139 |
| Capital Gain Net Income | $1,521,139 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,397,639 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,517 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $360,000 |
| Total operating and administrative expenses | $819,130 |
| Contributions, gifts, grants paid | $798,650 |
| Total expenses and disbursements | $1,617,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,733,619 |
| 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 | $60,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,960,214 |
| 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 |
Over the last fiscal year, Riverstyx Foundation has awarded $798,650 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BELOVED BUILDERS PURPOSE: DONATION | $25,000 |
CENTER OF ADDICTION & FAITH PURPOSE: DONATION | $10,000 |
CHACRUNA INSTITUTE PURPOSE: DONATION | $3,500 |
CHUCKANUT HEALTH FOUNDATION PURPOSE: DONATION | $50,000 |
COMMON COUNSEL PURPOSE: DONATION | $10,000 |
DEL E WEBB CENTER FOR THE PERFORMING ARTS PURPOSE: DONATION | $50,000 |