Charles H Revson Foundation Inc
- Assets
- $200.2m
- Revenue
- $10.0m
- Investments
- $197.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1957
- Data as of
- 12/2020
- EIN
- 13-6126105
Organization Overview
Charles H Revson Foundation Inc is located in New York, NY. The organization was established in 1957. 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. Charles H Revson 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 12/2020, Charles H Revson Foundation Inc generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $7.7m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charles H Revson Foundation Inc has awarded 217 individual grants totaling $19,134,559. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Sandorf President & Director | 60 | $511,813 | |
Meredith Korn Chief Fin. & Admin. | 40 | $233,000 | |
Martha King Senior Program Offic | 36.25 | $185,000 | |
Karen Yu Controller | 30 | $123,900 | |
Elizabeth Leiman Kraiem Program Officer | 20 | $87,550 | |
Rebecca Furth Grants Manager & Pro | 36.25 | $71,021 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Makena Capital Associates Us Lp | 12/30/21 | $90,502 |
The Vanguard Group | 12/30/21 | $214,140 |
Adva Research & Development Ltd | 12/30/21 | $56,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,834 |
| Dividends & Interest | $3,960,964 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,064,687 |
| Capital Gain Net Income | $6,391,678 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,676 |
| Total Revenue | $10,044,161 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $514,269 |
| Other employee salaries and wages | $717,670 |
| Pension plans, employee benefits | $298,924 |
| Interest | $0 |
| Taxes | $125,524 |
| Depreciation | $0 |
| Occupancy | $113,463 |
| Travel, conferences, and meetings | $28,621 |
| Printing and publications | $0 |
| Other expenses | $94,914 |
| Total operating and administrative expenses | $2,340,593 |
| Contributions, gifts, grants paid | $5,381,024 |
| Total expenses and disbursements | $7,721,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $796,601 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $5,860 |
| 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 | $188,480 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $197,039,960 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,129,210 |
| Total assets | $200,160,111 |
| Accounts payable and accrued expenses | $133,602 |
| Grants payable | $1,802,618 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,621,758 |
| Total liabilities | $3,557,978 |
Grants Awarded
Over the last fiscal year, Charles H Revson Foundation Inc has awarded $11,281,360 in support to 110 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: LOCAL PUBLIC AFFAIRS JOURNALISM | $1,000,000 |
New York, NY PURPOSE: SUPPORT LOCAL PUBLIC AFFAIRS JOURNALISM | $500,000 |
New York, NY PURPOSE: SUPPORT LOCAL PUBLIC AFFAIRS JOURNALISM | $500,000 |
New York, NY PURPOSE: GOVOTENYC FUND AND ITS GRANTMAKING TO INCREASE VOTER PARTICIPATION IN NYC'S LOCAL ELECTIONS | $300,000 |
New York, NY PURPOSE: A NEW DONOR COLLABORATIVE AIMED AT INCREASING CIVIC AND VOTER PARTICIPATION IN NYC | $250,000 |
EDMOND DE ROTHSCHILD PARTNERSHIPS PURPOSE: CADETS FOR LOCAL GOVERNMENT-BUILD CAPACITY AND KNOWLEDGE IN AFFORDABLE HOUSING AND URBAN REGENERATION | $230,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |