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Nonprofit · EIN 04-3254488

RIVER FOUNDATION

Also known as GILBERT WALTER & CELIA TTEE

Tax-exempt · CAMBRIDGE, MA 02138

Financials

$90K$307K2023$62K$206K2024$281K$311K2025
Revenue Expenses · by fiscal year end
Financials of RIVER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$281,190$310,632-$29,442$1,385,003$0$1,385,003
December 31, 2024990-PF$62,173$206,079-$143,906$1,414,445$0$1,414,445
December 31, 2023990-PF$90,194$306,565-$216,371$1,558,351$0$1,558,351
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$47,919
Net gain from sales of assets
$233,271

Expenses

Grants and similar amounts paid
$296,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$296,035
Excise tax on investment income
$3,713

Balance sheet and other

Total assets, start of year
$1,414,445
Total assets, end of year
$1,385,003
Total liabilities, end of year
$0
Net assets, end of year
$1,385,003
Fair market value of assets
$1,566,971
Qualifying distributions
$296,035
Net investment income
$281,190

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
WALTER GILBERT
15 GRAY GARDENS WEST, CAMBRIDGE, MA 02138
TRUSTEE0$0
CELIA GILBERT
15 GRAY GARDENS WEST, CAMBRIDGE, MA 02138
TRUSTEE0$0
KATE GILBERT
112 LEXINGTON AVE, CAMBRIDGE, MA 021383368
TRUSTEE0$0
ERIC DOMESHEK
112 LEXINGTON AVE, CAMBRIDGE, MA 021383368
TRUSTEE0$0
JOHN R GILBERT
1 FITCHBURG ST UNIT C-107, SOMERVILLE, MA 02143
TRUSTEE0$0
VALERIE LEITER
1 FITCHBURG ST UNIT C-107, SOMERVILLE, MA 02143
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
WALTER GILBERT
15 GRAY GARDENS WEST, CAMBRIDGE, MA 02138
TRUSTEE0$0
CELIA GILBERT
15 GRAY GARDENS WEST, CAMBRIDGE, MA 02138
TRUSTEE0$0
KATE GILBERT
112 LEXINGTON AVE, CAMBRIDGE, MA 021383368
TRUSTEE0$0
ERIC DOMESHEK
112 LEXINGTON AVE, CAMBRIDGE, MA 021383368
TRUSTEE0$0
JOHN R GILBERT
1 FITCHBURG ST UNIT C-107, SOMERVILLE, MA 02143
TRUSTEE0$0
VALERIE LEITER
1 FITCHBURG ST UNIT C-107, SOMERVILLE, MA 02143
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
WALTER GILBERT
15 GRAY GARDENS WEST, CAMBRIDGE, MA 02138
TRUSTEE0$0
CELIA GILBERT
15 GRAY GARDENS WEST, CAMBRIDGE, MA 02138
TRUSTEE0$0
KATE GILBERT
112 LEXINGTON AVE, CAMBRIDGE, MA 021383368
TRUSTEE0$0
ERIC DOMESHEK
112 LEXINGTON AVE, CAMBRIDGE, MA 021383368
TRUSTEE0$0
JOHN R GILBERT
1 FITCHBURG ST UNIT C-107, SOMERVILLE, MA 02143
TRUSTEE0$0
VALERIE LEITER
1 FITCHBURG ST UNIT C-107, SOMERVILLE, MA 02143
TRUSTEE0$0

Address and contacts

Address (IRS master file)
15 GRAY GDNS W, CAMBRIDGE, MA 02138-2311
In care of
% SIDNEY A SLOBODKIN
Signed the 990-PF
WALTER GILBERT, TRUSTEE
Phone
(617) 864-8778
Return prepared by
PAUL MCCOY FAMILY OFFICE SERVICES LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
04-3254488
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1995
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,385,003
Income (IRS master file)
$713,623

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$281,190$310,632$1,385,003IRS
990-PFDecember 2024$62,173$206,079$1,414,445IRS
990-PFDecember 2023$90,194$306,565$1,558,351XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3254488).

Questions about RIVER FOUNDATION

What is the EIN of RIVER FOUNDATION?
The employer identification number (EIN) of RIVER FOUNDATION is 04-3254488.
Is RIVER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to RIVER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RIVER FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RIVER FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIVER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of RIVER FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does RIVER FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $281,190, expenses of $310,632 and total assets of $1,385,003 at year end.

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