Edward C And Ann T Roberts Foundation Inc
- Assets
- $6.2m
- Revenue
- $267.2k
- Investments
- $6.0m
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 03/1964
- Data as of
- 12/2023
- EIN
- 06-6067995
Organization Overview
Edward C And Ann T Roberts Foundation Inc is located in West Hartford, CT. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Edward C And Ann T Roberts Foundation Inc 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 12/2023, Edward C And Ann T Roberts Foundation Inc generated $267.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $603.5k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Edward C And Ann T Roberts Foundation Inc has awarded 279 individual grants totaling $3,238,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED ART GRANTS RANGING FROM $2,500 TO $25,000 TO 35 ORGANIZATIONS IN THE GREATER HARTFORD AREA TO SUPPORT AND ENCOURAGE EXCELLENCE IN THE ARTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Hammond President | 2 | $0 | |
Andrew Latimer Treasurer | 2 | $0 | |
Olivia White Secretary | 2 | $0 | |
Michael Campbell Board Member | 2 | $0 | |
Carlos Hernandez Chavez Board Member | 2 | $0 | |
Dennis Hannigan Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $150,866 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $116,323 |
| Capital Gain Net Income | $116,323 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $267,189 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,699 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $19,196 |
| Depreciation | $0 |
| Occupancy | $6,782 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,500 |
| Other expenses | $12,582 |
| Total operating and administrative expenses | $137,996 |
| Contributions, gifts, grants paid | $465,500 |
| Total expenses and disbursements | $603,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,155 |
| Savings and temporary cash investments | $161,729 |
| 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 | $1,295,208 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,207,304 |
| 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, Edward C And Ann T Roberts Foundation Inc has awarded $465,500 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT SCHWEITZER ORGAN FESTIVAL PURPOSE: FUNDING TO SUPPORT THE 2023 FESTIVAL | $2,500 |
BALLET THEATRE COMPANY PURPOSE: FUNDING TO SUPPORT THE NUTCRACKER | $12,500 |
BUSHNELL PARK CONSERVANCY PURPOSE: FUNDING TO SUPPORT TAO LABOSSIERE SCULPTURE | $10,000 |
THE BUSHNELL PERFORMING ARTS CENTER PURPOSE: FUNDING TO SUPPORT JAZZICIANS | $5,000 |
CAPITAL CLASSICS THEATRE COMPANY PURPOSE: FUNDING TO SUPPORT THE 2023 GREATER HARTFORD SHAKESPEARE FESTIVAL | $10,000 |
CONNECTICUT CHORAL ARTISTS PURPOSE: FUNDING TO SUPPORT THE MAGNIFICAT IN D AND THE LOVE BETWEEN US CONCERT | $10,000 |