Rockefeller Brothers Fund Inc is located in New York, NY. The organization was established in 1997. 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 Brothers Fund 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 12/2021, Rockefeller Brothers Fund Inc generated $94.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 53.2% each year . All expenses for the organization totaled $90.4m during the year ending 12/2021. While expenses have increased by 12.0% per year over the past 3 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 2020, Rockefeller Brothers Fund Inc has awarded 2,264 individual grants totaling $222,472,479. 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 POCANTICO CENTER CAMPUS, HOUSED ON THE GROUNDS OF THE POCANTICO HISTORIC AREA, IS MANAGED BY THE ROCKEFELLER BROTHERS FUND AS PART OF ITS AGREEMENT WITH THE NATIONAL TRUST FOR HISTORIC PRESERVATION, ENTERED INTO IN 1991, UNDER WHICH THE FUND IS RESPONSIBLE FOR THE RENOVATION, MAINTENANCE, AND OPERATION OF THIS HISTORIC SITE. THE CAMPUS SERVES AS A COMMUNITY RESOURCE FOR ALL AGES, AND OFFERS PUBLIC ACCESS THROUGH A SLATE OF CONFERENCES, ARTIST RESIDENCIES, A VISITATION PROGRAM, MUSEUM, PERFORMANCES, EXHIBITIONS AND EDUCATIONAL PROGRAMS. DURING 2022, 34 PUBLIC PROGRAMS WERE HELD, AND MORE THAN 33,000 VISITORS CAME TO THE SITE, INCLUDING VISITS FOR PUBLIC PROGRAMS AND THE VISITATION PROGRAM, IN ADDITION TO CONFERENCES AND MEETINGS, ARTIST RESIDENCIES, AND A WIDE RANGE OF ACTIVITIES IN THE DAVID ROCKEFELLER CREATIVE ARTS CENTER (SEE STATEMENTS 24 AND 26).
A CONSTRUCTION PROJECT CENTERED AROUND THE REUSE OF THE ORANGERIE, BUILT BY JOHN D. ROCKEFELLER IN 1908 ON THE HISTORIC ROCKEFELLER FAMILY ESTATE AND BEQUEATHED TO THE NATIONAL TRUST FOR HISTORIC PRESERVATION IN 1979 BY NELSON ROCKEFELLER, CONTINUED DURING 2022. THE PROJECT TRANSFORMED THE LONG-DORMANT BUILDING INTO THE DAVID ROCKEFELLER CREATIVE ARTS CENTER, WHICH OPENED IN FALL OF 2022. THE DAVID ROCKEFELLER CREATIVE ARTS CENTER IS A SUSTAINABLE AND INCLUSIVE HOME FOR THE CREATIVE PROCESS AT THE POCANTICO CENTER, WHERE ARTISTS AND THE COMMUNITY COME TOGETHER TO DEVELOP, PRESENT, AND EXPERIENCE NEW WORKS OF PERFORMING, LITERARY, AND VISUAL ARTS. THE CENTER INCLUDES A GALLERY, PERFORMANCE SPACE, AND A FLEXIBLE ARTISTS' STUDIO. DURING 2022, THE INAUGURAL POCANTICO PRIZE FOR VISUAL ARTISTS WAS INITIATED, PAIRING A CASH PRIZE WITH A TWO-MONTH RESIDENCY.
DURING 2022, 11 MEMBERS OF THE STAFF OF ROCKEFELLER BROTHERS FUND PROVIDED TECHNICAL ASSISTANCE TO CHARITABLE ORGANIZATIONS, GOVERNMENTAL BODIES AND COMMITTEES, AND 17 MEMBERS OF THE STAFF SERVED ON 64 CHARITABLE ORGANIZATIONS' BOARDS, COMMITTEES, PUBLIC COMMISSIONS, OR TASK FORCES.
THE POCANTICO CENTER OF THE ROCKEFELLER BROTHERS FUND, LOCATED WITHIN THE POCANTICO HISTORIC AREA (SEE STATEMENT 23), BEGAN OPERATIONS IN APRIL OF 1994. THE POCANTICO CENTER IS A VENUE FOR CONFERENCES AND MEETINGS THAT MEET VARIOUS CRITERIA INCLUDING DIRECT AND STRONG RELATIONSHIP TO THE FUND'S PROGRAM OBJECTIVES, AND DISPLAY OF DIVERSITY OF PERSPECTIVES, RANGE OF OPINIONS AND BREADTH OF EXPERIENCE. THE POCANTICO CENTER ALSO HOSTS ARTIST RESIDENCIES AND PROVIDES PERFORMANCE SPACE FOR ARTISTS SELECTED BY THE FUND'S GRANTEE ORGANIZATION BASED IN NEW YORK CITY. THE POCANTICO CENTER HELD 46 CONFERENCES AND MEETINGS AND 10 ARTISTS' RESIDENCIES IN 2022.FOR MORE INFORMATION ON THE FUND'S ACTIVITIES, REFER TO THE FUND'S WEBSITE WWW.RBF.ORG, INCLUDING WWW.RBF.ORG/ABOUT/TRANSPARENCY/ANNUAL-REVIEWS_ FOR ITS ANNUAL REVIEW
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Rockefeller Jr Trustee | 1 | $0 | |
Valerie Rockefeller Trustee, Chair (until June 15, 2022) | 5 | $0 | |
Justin Rockefeller Trustee | 1 | $0 | |
Miranda M Kaiser Trustee | 1 | $0 | |
Ayad Akhtar Trustee | 1 | $0 | |
Joseph Pierson Trustee, Chair (effective June 15. 22) | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Greenrock Corporation | 12/30/22 | $3,590,133 |
Yorke Construction Corporation | 12/30/22 | $5,335,157 |
Agility | 12/30/22 | $3,228,247 |
Dp Wolff Inc | 12/30/22 | $1,079,863 |
Ventucom Llc | 12/30/22 | $593,104 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $8,581,618 |
Interest on Savings | $1,313 |
Dividends & Interest | $4,707,450 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $80,620,335 |
Capital Gain Net Income | $149,247,248 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $754,587 |
Total Revenue | $94,665,303 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $2,466,776 |
Other employee salaries and wages | $4,576,502 |
Pension plans, employee benefits | $3,534,766 |
Interest | $0 |
Taxes | $5,948,235 |
Depreciation | $1,144,136 |
Occupancy | $940,105 |
Travel, conferences, and meetings | $336,101 |
Printing and publications | $96,050 |
Other expenses | $1,608,552 |
Total operating and administrative expenses | $36,770,103 |
Contributions, gifts, grants paid | $53,593,013 |
Total expenses and disbursements | $90,363,116 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,898,821 |
Savings and temporary cash investments | $51,396,866 |
Net Accounts receivable | $2,887,340 |
Net Pledges Receivable | $1,935,000 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $468,698 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $652,388 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $2,177,265 |
Investments—other | $1,372,670,476 |
Net Land, buildings, and equipment | $8,632,140 |
Other assets | $19,714,484 |
Total assets | $1,654,004,790 |
Accounts payable and accrued expenses | $18,190,244 |
Grants payable | $17,141,885 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $12,402,796 |
Total liabilities | $47,734,925 |
Over the last fiscal year, Rockefeller Brothers Fund Inc has awarded $84,509,726 in support to 809 organizations.
Grant Recipient | Amount |
---|---|
2030 INC PURPOSE: FOR ADVANCING A ZERO-NET-CARBON BUILDING SECTOR IN CHINA | $200,000 |
2030 INC PURPOSE: FOR GENERAL SUPPORT | $250,000 |
350ORG PURPOSE: FOR BUILDING CAPACITY TO CHALLENGE FOSSIL FUEL INFRASTRUCTURE DEVELOPMENT | $80,000 |
2X COLLABORATIVE LIMITED PURPOSE: FOR GENERAL SUPPORT | $17,500 |
A BLADE OF GRASS FUND PURPOSE: FOR THE DEVELOPMENT OF AN ARTIST-CENTRIC GOVERNANCE MODEL | $100,000 |
A JEWISH VOICE FOR PEACE INC PURPOSE: FOR GENERAL SUPPORT | $75,000 |