The David Rockefeller Fund Inc
- Assets
- $76.9m
- Revenue
- $12.9m
- Investments
- $66.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1989
- Data as of
- 12/2021
- EIN
- 13-3533359
Organization Overview
The David Rockefeller Fund Inc is located in New York, NY. The organization was established in 1989. 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. David Rockefeller 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, David Rockefeller Fund Inc generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 51.7% each year . All expenses for the organization totaled $7.3m during the year ending 12/2021. While expenses have increased by 7.3% 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, David Rockefeller Fund Inc has awarded 375 individual grants totaling $23,109,355. 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
DURING 2022, 2 MEMBERS OF THE STAFF OF DAVID ROCKEFELLER FUND PROVIDED TECHNICAL ASSISTANCE TO CHARITABLE ORGANIZATIONS, AND 2 MEMBERS OF THE STAFF SERVED ON 2 CHARITABLE ORGANIZATIONS' BOARDS. 2 MEMBERS OF THE STAFF SERVED ON TOTAL OF 2 COMMITTEES, PUBLIC COMMISSIONS, OR TASK FORCES IN ORDER TO PROVIDE TECHNICAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Bennett Director | 2.5 | $2,000 | |
Chris Lindstrom Began 122 Director | 1 | $0 | |
Mindy Fullilove Director | 2 | $2,000 | |
Kaytura Felix Began 122 Director | 1 | $0 | |
Nili Gilbert Director | 5 | $2,000 | |
Adam Growald Began 122 Director | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rockefeller Capital Management | 12/30/22 | $203,550 |
Sandi Haynes | 12/30/22 | $92,002 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,100,000 |
| Interest on Savings | $1,207 |
| Dividends & Interest | $1,413,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,402,047 |
| Capital Gain Net Income | $1,623,210 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$27,801 |
| Total Revenue | $12,888,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $390,263 |
| Other employee salaries and wages | $128,236 |
| Pension plans, employee benefits | $158,365 |
| Interest | $0 |
| Taxes | $36,429 |
| Depreciation | $4,238 |
| Occupancy | $31,930 |
| Travel, conferences, and meetings | $26,159 |
| Printing and publications | $1,131 |
| Other expenses | $295,996 |
| Total operating and administrative expenses | $1,536,173 |
| Contributions, gifts, grants paid | $5,771,000 |
| Total expenses and disbursements | $7,307,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $515,595 |
| Savings and temporary cash investments | $598,988 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $9,167,076 |
| 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 | $11,093 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $36,577,182 |
| Net Land, buildings, and equipment | $12,568 |
| Other assets | $60,321 |
| Total assets | $76,948,270 |
| Accounts payable and accrued expenses | $427,191 |
| Grants payable | $1,754,500 |
| 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 | $2,181,691 |
Grants Awarded
Over the last fiscal year, The David Rockefeller Fund Inc has awarded $5,636,000 in support to 103 organizations.
| Grant Recipient | Amount |
|---|---|
AIR ALLIANCE HOUSTON PURPOSE: COMMUNITY AIR MONITORING PROGRAM (CAMP) NEIGHBORHOOD-LEVEL AIR QUALITY MONITORING PROGRAM IN HOUSTON, TX. | $150,000 |
ACTION FOR SAFETY AND JUSTICE PURPOSE: EDUCATE THE PUBLIC ON SHARED PUBLIC SAFETY SOLUTIONS FOR REDUCING MASS CRIMINALIZATION AND INCARCERATION. | $100,000 |
A CLIMATE TO THRIVE PURPOSE: LOCAL LEADS THE WAY, A COMMUNITY-BASED, SOLUTIONS-FOCUSED CLIMATE ACTION INITIATIVE THAT OPERATES ACROSS THE STATE OF MAINE. | $10,000 |
AMALGAMATED CHARITABLE FOUNDATION PURPOSE: DEMOCRACY ALLIANCE POOLED FUND, A NETWORK OF DONORS COMMITTED TO DEMOCRACY REFORM. | $20,000 |
AZ PODER PURPOSE: EDUCATING COMMUNITIES OF COLOR ABOUT CIVIC ENGAGEMENT AT THE LOCAL AND STATE LEVEL. | $75,000 |
BAY MILLS INDIAN COMMUNITY PURPOSE: CAMPAIGN TO COORDINATE INDIGENOUS COMMUNITIES AGAINST THE LINE 5 PIPELINES AND TUNNEL PROJECTS IN THE STRAITS OF MACKINAC, GREAT LAKES, AND SURROUNDING REGION. | $50,000 |