Robin Hood Foundation

Organization Overview

Robin Hood Foundation is located in New York, NY. The organization was established in 1989. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Robin Hood Foundation employed 162 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robin Hood 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 12/2022, Robin Hood Foundation generated $129.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $164.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Robin Hood Foundation has awarded 2,626 individual grants totaling $1,318,662,516. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ROBIN HOOD SUPPORTS THE MOST EFFECTIVE POVERTY-FIGHTING PROGRAMS IN NYC.

Describe the Organization's Program Activity:

SEE DESCRIPTION OF CORE GRANT MAKING IN SCHEDULE O.CORE GRANTMAKING: ROBIN HOOD MADE CASH GRANTS TO ORGANIZATIONS THROUGH FOUR LIFE-STAGE AREAS: EARLY CHILDHOOD; SCHOOL-AGE CHILDREN; YOUNG ADULTS; AND ADULTS AND HOUSEHOLD SUPPORTS. THESE GRANTS SUPPORT EDUCATION, HEALTH, HOUSING, HUNGER, LEGAL SERVICES, JOB TRAINING, AND INCOME SECURITY. ADDITIONALLY, ROBIN HOOD MADE GRANTS TO SUPPORT PARTNERSHIP INITIATIVES LIKE THE ROBIN HOOD LEARNING +TECHNOLOGY, THE POWER FUND, MOBILITY LABS, THE CHILD CARE QUALITY INNOVATION INITIATIVE, AND OUR BLUE RIDGE LABS INITIATIVE. ROBIN HOOD ALSO PROVIDES GENERAL OPERATING SUPPORT, CAPITAL GRANTS, AND FUNDS TO BUILD CAPACITY AND DEEPEN ORGANIZATIONAL CAPACITY, AS WELL AS MANAGEMENT STRENGTH. ROBIN HOOD'S GRANTMAKING STAFF EVALUATED PROGRAMS APPLYING FOR FUNDS TO DETERMINE GRANT RECOMMENDATIONS AND DEVELOP INITIATIVES IN RESPONSE TO UNMET NEEDS. THESE ASSESSMENTS INCLUDED VISITS TO THE ORGANIZATION, INTERVIEWS WITH PROGRAM ADMINISTRATORS, STAFF AND PARTICIPANTS, EVALUATION OF HISTORICAL RESULTS, AND FINANCIAL REVIEW.


SEE DESCRIPTION OF MANAGEMENT ASSISTANCE IN SCHEDULE O.ROBIN HOOD'S CAPITAL GRANT INITIATIVE COLLABORATES CLOSELY WITH OUR COMMUNITY PARTNERS TO HELP THESE ORGANIZATIONS MANAGE THEIR SPACE NEEDS. THE INITIATIVE OFFERS TECHNICAL ASSISTANCE, CONNECTIONS TO TOP INDUSTRY PROFESSIONALS, FUNDING FOR PRE-DEVELOPMENT COSTS AND, IN SELECT CASES, GRANTS FOR CAPITAL PROJECTS. THE INITIATIVE PLACES A PREMIUM ON FUNDING EARLY-STAGE PLANNING TO REDUCE COSTS AND RISKS FOR A COMMUNITY PARTNER'S CAPITAL PROJECT. IN 2022, ROBIN HOOD MADE A $125,000 CAPITAL GRANT TO PROJECT HOSPITALITY TO RENOVATE AND FURNISH NEW SPACE OF ITS FOOD PANTRY, WHICH WILL REPLACE THE EXISTING PANTRY WHICH CONTINUES TO SUFFER FROM SIGNIFICANT STRUCTURAL DAMAGE CAUSED BY SUPERSTORM SANDY.MISSION INVESTMENTS:IN OCTOBER 2018, ROBIN HOOD LAUNCHED A PILOT SOCIAL INVESTMENT STRATEGY THAT IS NOW KNOWN AS MISSION INVESTMENTS, A NEW INVESTMENT TOOL THAT ENABLES ROBIN HOOD TO SCALE IMPACT, LEVERAGE CREATIVITY, AND PRODUCE AN ACCEPTABLE RETURN. IN 2022, ROBIN HOOD MADE A $135,000 MISSION INVESTMENT WITH URBAN HOMESTEADING ASSISTANCE BOARD. THE INVESTMENT SUPPORTS A REVOLVING FUND AIMED AT COMBATING DANGEROUS AND UNHEALTHY HOUSING CONDITIONS WHILE SIMULTANEOUSLY PREVENTING THE EVICTION OF TENANTS LIVING IN BUILDINGS WITH THESE VIOLATIONS.


SEE DESCRIPTION OF RELIEF GRANT MAKING IN SCHEDULE O.MANAGEMENT ASSISTANCE:ROBIN HOOD PROTECTS AND LEVERAGES ITS CHARITABLE INVESTMENTS WITH EXPERT MANAGEMENT AND TECHNICAL ASSISTANCE. THE GOAL IS TO BRING BEST-IN-CLASS RESOURCES TO SOLVE OUR PARTNERS' MOST PRESSING STRATEGIC AND OPERATIONAL CHALLENGES. WE WORK IN NINE PRINCIPAL AREAS: GOVERNANCE, STRATEGY, HUMAN CAPITAL, MARKETING, FUNDRAISING, FINANCE, LEGAL, TECHNOLOGY, AND REAL ESTATE.CONSULTING IS DELIVERED BY ROBIN HOOD'S INTERNAL CONSULTING TEAM, CORPORATE PRO BONO PARTNERS AND TECHNICAL ASSISTANCE GRANTS. ROBIN HOOD ALSO PROVIDES TRAINING FOR THE STAFF AND BOARD MEMBERS OF ITS COMMUNITY PARTNERS. EXAMPLES INCLUDE DEVELOPING A STRATEGIC PLAN TO ENSURE EFFECTIVE RESOURCE ALLOCATION, STREAMLINING A FINANCIAL REPORTING SYSTEM TO MANAGE COSTS, OR DESIGNING AN EFFECTIVE WEBSITE TO ENHANCE FUNDRAISING. IN 2022, TOTAL MA SPENDING WAS $1.8 MILLION IN INVESTMENTS IN GRANTMAKING AND MULTI-PARTNER INITIATIVES. SPECIFICALLY, THE MA TEAM AWARDED $1.7 MILLION FOR CORE PARTNERS WHILE SIMULTANEOUSLY ADDING $181,000 OF INVESTMENTS IN POWER FUND (PF) PARTNERS. BY EXPANDING OUR PRO BONO PARTNERSHIPS, PRO BONO SUPPORT INCREASED BY 157 PERCENT FROM $1.9 MILLION IN 2021 TO $4.9 MILLION IN 2022 ACROSS THE SPECTRUM OF ISSUE AREAS TO OUR PARTNERS. ADDITIONALLY, MA INVESTMENTS PRIMARILY FOCUSED ON TALENT AND DEI ($456,000), STRATEGY ($231,000) AND OPERATIONS ($216,000) PROJECTS WHICH ARE ALIGNED WITH KEY TRENDS IN THE NONPROFIT SECTOR. THE TEAM LAUNCHED A SERIES OF PEER LEARNING GROUPS FOR NEW EXECUTIVE DIRECTORS, CHIEF HUMAN CAPITAL OFFICERS, DEVELOPMENT DIRECTORS, SENIOR LEADERS OF COLOR, AND MIDDLE MANAGERS WHO ARE LEADERS OF COLOR. FINALLY, THE MA TEAM SUCCESSFULLY PLACED 9 PROFESSIONALS ON COMMUNITY PARTNER BOARDS.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Buery Jr
CEO / Non-Voting Director
$860,105
John Griffin
Chair
$0
Dina Powell Mccormick
Vice-Chair
$0
Peter F Borish
Secretary And Treasurer
$0
Lee Ainslie III
Director
$0
Jacklyn Bezos
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
David Stark Inc
Design Consultant
$1,241,949
Skdknickerbocker Llc
Design Consultant
$750,352
Nimblist Llc
Event Production
$1,144,708
Jessica Stuart Media Inc
Design Consultant
$591,790
4wall Entertainment Inc
Design Consultant
$619,579
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$43,274,668
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$97,581,529
Noncash contributions included in lines 1a–1f $18,786,171
Total Revenue from Contributions, Gifts, Grants & Similar$140,856,197
Total Program Service Revenue$0
Investment income $232,634
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,907,220
Net Income from Fundraising Events -$13,670,628
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $129,325,423

Grants Awarded

Over the last fiscal year, Robin Hood Foundation has awarded $130,574,860 in support to 264 organizations.

Grant RecipientAmount

50CAN INC

PURPOSE: POVERTY RELIEF

$1,500,000

A BETTER BALANCE

PURPOSE: POVERTY RELIEF

$100,000

ACHIEVEMENT FIRST

PURPOSE: POVERTY RELIEF

$2,100,000

ADAMS STREET FOUNDATION INC

PURPOSE: POVERTY RELIEF

$193,255

ADVOCATES FOR CHILDREN OF NEW YORK INC

PURPOSE: POVERTY RELIEF

$650,000

AFRICAN COMMUNITIES TOGETHER

PURPOSE: POVERTY RELIEF

$32,900
View Grant Profile

Peer Organizations

Organization NameAssets
Jewish Communal Fund
New York, NY
$1,039,371,142
Bank Of America Charitable Gift Fund
Boston, MA
$907,644,228
The Jewish Federations Of North America Inc
New York, NY
$364,901,523
P E F Israel Endowment Funds Inc
New York, NY
$289,472,187
United Jewish Appeal Federation Of Jewish Philanthropies Of Ny Inc
New York, NY
$293,986,000
Combined Jewish Philanthropies Of Greater Boston Inc
Boston, MA
$385,498,468
Robin Hood Foundation
New York, NY
$129,325,423
United Way Of New York City
New York, NY
$63,579,225
United Way Of Massachusetts Bay Inc
Boston, MA
$56,142,134
Masonic Charity Foundation Of New Jersey
Burlington, NJ
$37,980,782
Jewish Federation Of Greater Philadelphia
Philadelphia, PA
$69,777,122
United Way Of Greater Rochester And The Finger Lakes Inc
Rochester, NY
$45,112,374
Jewish Federation Of Southern New Jersey
Cherry Hill, NJ
$44,396,357
United Way Of Connecticut
Rocky Hill, CT
$37,815,340
Foundation For Jewish Philanthropies
Getzville, NY
$11,401,853
Childrens Rescue Fund
Bronx, NY
$35,084,516
Lighthouse Guild International Inc
New York, NY
$45,434,605
Jewish Federation Of Greater Pittsburgh
Pittsburgh, PA
$57,622,552
The United Way Of Southwestern Pennsylvania
Pittsburgh, PA
$36,410,338
Jewish Federation Of Greater Metrowest Nj
Whippany, NJ
$28,853,214
United Way Of Greater Philadelphia And Southern New Jersey
Philadelphia, PA
$23,240,167
Colcom Foundation
Pittsburgh, PA
$64,855,992
United Way Of The Greater Lehigh Valley
Allentown, PA
$25,966,681
Syracuse Community Health Center Inc
Syracuse, NY
$36,963,790
Giving Back Fund Inc
Boston, MA
$28,252,124

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