Rockefeller Foundation
- Assets
- $7.5b
- Revenue
- $704.2m
- Investments
- $6.4b
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1955
- Data as of
- 12/2021
- EIN
- 13-1659629
Organization Overview
Rockefeller Foundation is located in New York, NY. The organization was established in 1955. 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. Rockefeller 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 12/2021, Rockefeller Foundation generated $704.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $612.6m during the year ending 12/2021. While expenses have increased by 13.3% per year over the past 7 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 2014, Rockefeller Foundation has awarded 9,165 individual grants totaling $2,371,899,307. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BELLAGIO CENTER HAD OPERATING EXPENSES OF $5,283,333 SINCE 1959, THE CENTER HAS SERVED AS A RESOURCE FOR FOSTERING DIALOGUE AND COLLABORATIVE PROBLEMS SOLVING FOR DIVERSE PARTICIPANTS AROUND THE WORLD. THE CENTER HOSTS CONVENINGS THAT FOCUS ON TOPICS OF INTERNATIONAL IMPORTANCE, WITH PREFERENCE GIVEN TO CONVENINGS THAT ALIGN WITH THE FOUNDATION'S AREAS OF INTEREST. IN 2022, THE BELLAGIO CENTER FULLY REOPENED WITH STRICT COVID-19 SAFETY PROTOCOLS IN PLACE. IN 2022, THE BELLAGIO CENTER HOSTED 40 CONVENINGS AND 102 RESIDENTS WITH A TOTAL ANNUAL HEADCOUNT OF 920 PARTICIPANTS ACROSS BOTH PROGRAMS. OF THESE PARTICIPANTS 38% WERE FROM THE UNITED STATES, AND 62% WERE FROM COUNTRIES OUTSIDE OF THE UNITED STATES. SEE STATEMENT 26 FOR A SCHEDULE OF CONFERENCES AND RESIDENCIES HELD AT BELLAGIO IN 2022.
SMART POWER FOR RURAL DEVELOPMENT INDIA FOUNDATION ("SPI"): TO PROVIDE TECHNICAL ASSISTANCE TO DEVELOPERS AND HELP EXPAND THE FIELD OF OFFGRID RENEWABLE ENERGY TO RURAL VILLAGES IN INDIA TO IMPROVE THE LIVES AND LIVELIHOODS OF POOR AND VULNERABLE PEOPLE VIA MINI-GRIDS AND ROOF-TOP SOLAR FOR SMALL ENTERPRISES. SUPPORT TO DEVELOPERS INCLUDES PROVIDING THE TECHNICAL ASSISTANCE FOR FREE ON SITE SELECTION, DEMAND/CUSTOMER ACQUISITION, LOCAL ENTERPRISE PROMOTION, AND LOCAL ENERGY SYSTEM DESIGN. THE PARTNER DEVELOPERS PROVIDE OPERATION, MANAGEMENT, PROCUREMENT, AND CREDITORS TO THE PROJECT. RF PROVIDES THE FUNDING TO LOCAL DEVELOPERS FOR UNDERSERVED COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Leibowitz - Thru 062022 Investment Committee Chair | 2.5 | $7,000 | |
Afsaneh Beschloss - As Of 062022 Investment Committee Chair | 2.5 | $11,000 | |
Agnes Binagwaho Trustee | 2 | $11,000 | |
Mellody Hobson Trustee | 2 | $7,000 | |
Donald Kaberuka Trustee | 2 | $11,000 | |
Yifei Li Trustee | 2 | $11,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Careevolution Llc | 12/30/22 | $2,450,000 |
Ventucom Llc | 12/30/22 | $1,740,555 |
The Boston Consulting Group Inc | 12/30/22 | $2,486,000 |
Mathematica Policy Research Inc | 12/30/22 | $1,585,602 |
Global Health Strategies Llc | 12/30/22 | $1,483,542 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $230,647 |
| Dividends & Interest | $19,458,689 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $682,905,777 |
| Capital Gain Net Income | $413,872,625 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,628,378 |
| Total Revenue | $704,223,491 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,067,754 |
| Other employee salaries and wages | $38,785,226 |
| Pension plans, employee benefits | $12,932,114 |
| Interest | $21,267,384 |
| Taxes | $6,814,562 |
| Depreciation | $1,847,462 |
| Occupancy | $5,017,122 |
| Travel, conferences, and meetings | $2,862,866 |
| Printing and publications | $371,257 |
| Other expenses | $13,085,089 |
| Total operating and administrative expenses | $170,501,953 |
| Contributions, gifts, grants paid | $442,087,308 |
| Total expenses and disbursements | $612,589,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,079,451 |
| Savings and temporary cash investments | $943,541,340 |
| 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 | $5,848,100,633 |
| Net Land, buildings, and equipment | $11,728,933 |
| Other assets | $89,221,949 |
| Total assets | $7,467,445,865 |
| Accounts payable and accrued expenses | $12,396,747 |
| Grants payable | $74,656,330 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $695,256,163 |
| Other liabilities | $67,311,065 |
| Total liabilities | $849,620,305 |
Grants Awarded
Over the last fiscal year, Rockefeller Foundation has awarded $228,330,356 in support to 1,041 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS TO CAPITAL FOR ENTREPRENEURS INC PURPOSE: IN SUPPORT OF PROVIDING DIVERSE AND FLEXIBLE LENDING SOLUTIONS AND EDUCATIONAL RESOURCES TO HISTORICALLY DISADVANTAGED SMALL BUSINESS OWNERS IN THE ATLANTA, GA METRO AREA | $5,000,000 |
ACRE CAPITAL LIMITED PURPOSE: IN SUPPORT OF DEVELOPING AN EXPORT CREDIT AGENCY IMPACT FUND TARGETING CRITICAL SOCIAL INFRASTRUCTURE IN EMERGING MARKETS AROUND THE WORLD THAT AIM TO DELIVER SOCIAL AND ENVIRONMENTAL BENEFITS FOR VULNERABLE POPULATIONS | $14,387 |
ADELANTE MUJERES PURPOSE: IN GENERAL SUPPORT OF ITS MISSION TO PROMOTE HEALTH EQUITY AND LEADERSHIP FOR LOW INCOME LATINA WOMEN | $100,000 |
AFRICAN FIELD EPIDEMIOLOGY NETWORK PURPOSE: FOR USE BY THE AFRICA CENTRES FOR DISEASE CONTROL AND PREVENTION TOWARD THE COSTS OF STRENGTHENING ITS INSTITUTIONAL FRAMEWORK, CORE PREPAREDNESS, AND EMERGENCY RESPONSE CAPACITIES | $2,300,000 |
510 2ND AVENUE LLC PURPOSE: TOWARD THE COSTS OF THE AGREEMENT, A DOCUMENTARY FILM PROFILING THE DIPLOMATIC PROCESS THAT LED TO THE ADOPTION OF THE UN SUSTAINABLE DEVELOPMENT GOALS | $150,000 |
ALBUQUERQUE COMMUNITY FOUNDATION PURPOSE: FOR USE BY ITS NEW MEXICO COMMUNITY TRUST PROJECT IN SUPPORT OF A POOLED FUND TO DEVELOP STRATEGIES, CAPACITIES, AND CAMPAIGNS THAT INCREASE THE ECONOMIC AND SOCIAL WELFARE OF TRIBAL COMMUNITIES IN NEW MEXICO | $350,000 |