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· Private foundation

Novogradac Rivers Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$603k
Granted FY2024still arriving
12
Grants FY2024still arriving
5
States reached
$200k
Largest
01What it funds
0189% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$1.2MHealth$793kEmployment$158kSocial Science$76kArts & Culture$29kRecreation & Sports$24kHuman Services$21kInternational$13kOther$0
02FY2024 · 12 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k4 grants · $5k
  • $10k–50k3 grants · $45k
  • $50k–250k5 grants · $553k
$20,200
Median grant
5
States reached
$17M
Total assets
Largest grants
RecipientAmount
NORTHWELL HEALTH FOUNDATION$200,000
STANFORD UNIVERSITY$200,000
UCLA JONSSON CANCER CENTER$53,150
UNIVERSITY OF PITTSBURGH$50,000
CLAREMONT MCKENNA COLLEGE$50,000
RUTGERS UNIVERSITY FOUNDATION$20,200
THE ATHENIAN SCHOOL$15,000
MIKE ROWE WORKS FOUNDATION$10,000
OAKLAND GIRLS SOFTBALL LEAGUE$2,000
THE CANCER LEAGUE$1,500
THE NHP FOUNDATION$1,250
URBAN LAND INSTITUTE ANNUAL FUND$100
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–23, $27k) land where the poverty rate runs at 10%, against an area that typically sits at 10%. 56% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%HOPE THROUGH HOUSING: $500 → 14%AMERICAN RED CROSS: $5k → 9%STAND WITH UKRAINE DBA TO UKRAINE WITH LOVE: $5k → 8%LEARNING ALLY: $5k → 11%LEARNING ALLY: $4k → 11%HOPE THROUGH HOUSING FOUNDATION: $350 → 14%LEARNING ALLY: $3k → 11%LEARNING ALLY: $1k → 11%BENETECH: $1k → 8%LEARNING ALLY: $1k → 11%BENETECH: $1k → 8%AMERICAN RED CROSS: $1k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

WA
IL
WI
NY
OR
IA
IN
OH
PA
NJ
CA
UT
CO
VA
MD
NC
DC
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 12% of Novogradac Rivers Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.

Novogradac Rivers Foundationlessmore of its giving
Placed by recipient address · 2.1% directed abroad (not shown)
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

70%of every dollar goes to organizations it has funded before.
$1.5M · 36 repeat orgs$640k to everyone else

Grantees it renews have grown median revenue +34% since the first grant, against +12% for those funded once.

36 repeat relationships: 9 still active in FY2024, 27 since wound down; 2 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

36
65

Total granted

$1.5M
$586k

Median revenue growth · since first grant

+34%
+12%

Still filing today

69%
29%

New vs renewed · share of each year

In FY2024, 86% of grant dollars renewed an existing relationship; $55k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
HealthHuman ServicesEducationArts & CultureHousing & ShelterInternationalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • UNIVERSITY OF PITTSBURGH
    4× · 2018–2024 · $270k · revenue +40%
  • TH
    THE HEAD ROYCE SCHOOL
    4× · 2017–2023 · $221k · revenue +31%
  • MF
    MIKEROWEWORKS FOUNDATION
    2× · 2022–2024 · $158k · revenue +34%

Funded once

  • SS
    STANFORD SCHOOL OF MEDICINE
    one grant, 2023 · $110k
  • IG
    Individual grant recipient
    one grant, 2020 · $100k
  • MS
    MEMORIAL SLOAN KETTERING CANCER CENTER
    one grant, 2021 · $75k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
2
American Gas Association

American gas association's (the association) mission is to develop and advocate for informed, innovative, and durable policy that fulfills our nation's energy needs, environmental aspirations and economic potential. we are committed to…

—
3
Golden Gate University

Golden gate university prepares individuals to lead and serve by providing high quality, practice-based educational programs in law, taxation, business and related professions - as a nonprofit institution - in an innovative and challenging…

Education
4
The Trustees of Princeton University

Research, education and general - princeton university is a private not-for-profit, non-sectarian institution of higher learning with approximately 5,700 undergraduate and 3,300 graduate students. 2,500 students graduated in the 2024-2025…

Education
5
Ucla Foundation

The ucla foundation is the giving, receiving, and investing arm of the ucla campus. the foundation enables private donors to help build, sustain and advance one of the world's finest academic and research institutions. private philanthropy…

Education
6
American Association for the Advancement of Science

Advance science, engineering, and innovation throughout the world for the benefit of all. the world's largest multidisciplinary scientific society and a leading publisher of cutting-edge research through its science family of journals,…

Science & Tech
7
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
8
Ucsf Foundation Investment Company

The organization provides professional investment management services for endowed gifts and financial assets entrusted to the ucsf foundation.

Education
9
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
10
National Association of College and University Attorneys

To advance the practice of higher education attorneys for the benefit of the institutions they serve.

—
11
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
12
Arc Research Institute

Our mission is to accelerate scientific progress, understand the root causes of disease, and narrow the gap between discoveries and impact on patients.

Health
How this is measured
The grantee most central to the portfolio’s shape is Playworks Education Energized; the most unlike its peers is The Institute for Sexual Medicine Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

48 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 48 of the 105 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
4
Early backer (in before they grew)
47/48
Grantees still filing
34/48
Grew since first funded

Where the money sits, by cause and then by grantee

THE HEAD ROYCE SCHOOL: $221,000 · OtherTHE HEAD ROYCE SCHOOLSTANFORD SCHOOL OF MEDICINE: $110,000 · OtherSTANFORD SCHOOL OF MEDICINEIndividual grant recipient: $100,000 · OtherIndividual grant recipientClaremont McKenna College: $91,392 · OtherClaremont McKenna CollegeOKIZU FOUNDATION: $77,537 · OtherOKIZU FOUNDATIONMEMORIAL SLOAN KETTERING CANCER CENTER: $75,000 · OtherMEMORIAL SLOAN KETTERING CANCER CENTERALAMEDA COUNTY HEALTH CARE SERVICES AGENCY: $65,000 · OtherALAMEDA COUNTY HEALTH CARE SERVICES AGENCYUCLA JONSSON CANCER CENTER: $53,150 · OtherICPO FOUNDATION: $50,000 · Other+71 more: $301,573 · Other+71 moreTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $520,000 · EducationTHE BOARD OF TRUSTEES OF THE LELAND ST…UNIVERSITY OF PITTSBURGH: $270,000 · EducationUNIVERSITY OF PITTSBURGHRUTGERS UNIVERSITY FOUNDATION: $70,200 · EducationRUTGERS UNIVERSITY FOUNDATION+3 more: $29,000 · EducationNORTHWELL HEALTH FOUNDATION: $270,000 · HealthNORTHWELL HEAL…CANCER COMMONS: $25,000 · HealthCANCER COMMONSPANCREATIC CANCER ACTION NETWORK INC: $20,000 · HealthPANCREATIC CAN…THE INSTITUTE FOR SEXUAL MEDICINE INC: $20,000 · HealthTHE INSTITUTE …+3 more: $10,000 · HealthMIKEROWEWORKS FOUNDATION: $157,902 · PhilanthropyMercatus Center Inc: $50,000 · Social ScienceLearning Ally Inc: $13,500 · Human ServicesAmerican National Red Cross & Its Constituent Chapters and Branches: $11,000 · Human ServicesStand With Ukraine Inc dba To Ukraine With Love: $5,000 · Human ServicesBENEFICENT TECHNOLOGY INC: $2,000 · Human Services+2 more: $950 · Human ServicesCORPORATION OF THE FINE ARTS MUSEUMS: $10,000 · Arts & CultureNAVY SEAL FOUNDATION INC: $7,000 · Arts & CultureBERKELEY REPERTORY THEATRE: $3,500 · Arts & Culture+1 more: $500 · Arts & Culture
Other$1,144,652Education$889,200Health$345,000Philanthropy$157,902Social Science$50,000Human Services$32,450Arts & Culture$21,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTHE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: $520,000 over 5y, 0.0% of budgetNORTHWELL HEALTH FOUNDATION: $270,000 over 4y, 0.2% of budgetUNIVERSITY OF PITTSBURGH: $270,000 over 4y, 0.0% of budgetTHE HEAD ROYCE SCHOOL: $221,000 over 4y, 0.4% of budgetMIKEROWEWORKS FOUNDATION: $157,902 over 2y, 3.4% of budgetClaremont McKenna College: $91,392 over 4y, 0.0% of budgetOKIZU FOUNDATION: $77,537 over 4y, 0.7% of budgetRUTGERS UNIVERSITY FOUNDATION: $70,200 over 2y, 0.0% of budgetMercatus Center Inc: $50,000 over 2y, 0.1% of budgetCANCER COMMONS: $25,000 over 1y, 1.4% of budgetPANCREATIC CANCER ACTION NETWORK INC: $20,000 over 2y, 0.0% of budgetTHE INSTITUTE FOR SEXUAL MEDICINE INC: $20,000 over 1y, 56% of budgetTHE ATHENIAN SCHOOL: $20,000 over 2y, 0.1% of budgetSouthern Methodist University: $19,000 over 1y, 0.0% of budgetLearning Ally Inc: $13,500 over 4y, 0.0% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $11,000 over 3y, 0.0% of budgetFRED HUTCHINSON CANCER RESEARCH CENTER: $10,000 over 1y, 0.0% of budgetPLAYWORKS EDUCATION ENERGIZED: $10,000 over 4y, 0.0% of budgetCORPORATION OF THE FINE ARTS MUSEUMS: $10,000 over 1y, 0.0% of budgetTHE NHP FOUNDATION: $8,787 over 7y, 0.0% of budgetPIERRES BIRTHDAY FUND INC: $8,440 over 3y, 5.1% of budgetKHAN ACADEMY INC: $8,000 over 3y, 0.0% of budgetOakland Girls Softball League: $8,000 over 5y, 2.0% of budgetKids Alive International Inc: $7,308 over 6y, 0.0% of budgetNAVY SEAL FOUNDATION INC: $7,000 over 2y, 0.0% of budgetPLANNED PARENTHOOD FEDERATION OF AMERICA INC: $5,000 over 1y, 0.0% of budgetPet Orphans of Southern California: $5,000 over 1y, 0.5% of budgetStand With Ukraine Inc dba To Ukraine With Love: $5,000 over 1y, 0.0% of budgetBERKELEY REPERTORY THEATRE: $3,500 over 2y, 0.0% of budgetTHE ACTORS' FUND OF AMERICA: $2,500 over 1y, 0.0% of budgetPARALYZED VETERANS OF AMERICA: $2,500 over 1y, 0.0% of budgetALS Northwest: $2,500 over 1y, 0.1% of budgetALAMEDA COUNTY COMMUNITY FOOD BANK: $2,000 over 2y, 0.0% of budgetLIFESTEPS INC: $2,000 over 1y, 0.0% of budgetBENEFICENT TECHNOLOGY INC: $2,000 over 2y, 0.0% of budgetThe Cancer League Inc: $1,500 over 1y, 0.2% of budgetASIAN AMERICANS ADVANCING JUSTICE - AAJC INC: $1,000 over 1y, 0.0% of budgetASIAN AMERICAN LEGAL DEFENSE AND EDUCATION FUND: $1,000 over 1y, 0.0% of budgetBRIDGE HOUSING CORPORATION: $1,000 over 2y, 0.0% of budgetREDWOOD FOREST FOUNDATION INC: $1,000 over 1y, 0.0% of budgetHOPE THROUGH HOUSING FOUNDATION: $850 over 2y, 0.0% of budgetNATIONAL HOUSING CONFERENCE INC: $500 over 1y, 0.0% of budgetCHICAGO NEIGHBORHOOD INITIATIVES INC: $500 over 1y, 0.0% of budgetTHE URBAN LAND INSTITUTE: $300 over 3y, 0.0% of budgetGRATEFUL GATHERINGS: $100 over 1y, 0.0% of budgetASSISTANCE LEAGUE OF DIABLO VALLEY: $100 over 1y, 0.0% of budgetAmigos de las Americas: $100 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY ↗
  • Who funds NORTHWELL HEALTH FOUNDATION ↗
  • Who funds UNIVERSITY OF PITTSBURGH ↗
  • Who funds THE HEAD ROYCE SCHOOL ↗
  • Who funds MIKEROWEWORKS FOUNDATION ↗
  • Who funds Claremont McKenna College ↗
  • Who funds OKIZU FOUNDATION ↗
  • Who funds RUTGERS UNIVERSITY FOUNDATION ↗
  • Who funds Mercatus Center Inc ↗
  • Who funds CANCER COMMONS ↗
  • Who funds PANCREATIC CANCER ACTION NETWORK INC ↗
  • Who funds THE INSTITUTE FOR SEXUAL MEDICINE INC ↗
  • Who funds THE ATHENIAN SCHOOL ↗
  • Who funds Southern Methodist University ↗
  • Who funds Learning Ally Inc ↗
  • Who funds American National Red Cross & Its Constituent Chapters and Branches ↗
  • Who funds FRED HUTCHINSON CANCER RESEARCH CENTER ↗
  • Who funds PLAYWORKS EDUCATION ENERGIZED ↗
  • Who funds CORPORATION OF THE FINE ARTS MUSEUMS ↗
  • Who funds THE NHP FOUNDATION ↗
  • Who funds PIERRES BIRTHDAY FUND INC ↗
  • Who funds KHAN ACADEMY INC ↗
  • Who funds Oakland Girls Softball League ↗
  • Who funds Kids Alive International Inc ↗
  • Who funds NAVY SEAL FOUNDATION INC ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Jewish Community Federation of San Francisco the Peninsula Marin & SonomaCA12.5× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Jewish Community Federation of San Francisco the Peninsula Marin & Sonoma · Morgan Stanley Global Impact Funding Trust Inc · American Endowment Foundation · Silicon Valley Community Foundation · Vanguard Charitable Endowment Program · The Blackbaud Giving Fund · The Bank of America Charitable Foundation Inc · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · National Philanthropic Trust · Charities Aid Foundation America · Jpmorgan Chase Foundation · American Online Giving Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Novogradac Rivers Foundation funds: left to right is the share of its income from government, bottom to top the share from Novogradac Rivers Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%4%15%34%60%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 4%
  • Learning Ally Inc: 4% of income from government
  • Rutgers University Foundation: 0% of income from government
no gov moneyreceives it· size = income
1get no government money at all
8report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 105 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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