Roberts Charitable Foundation Tr 2003
- Assets
- $26.3m
- Revenue
- $2.3m
- Investments
- $25.2m
- Employees
- 0
- Location
- Westerly, RI
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 22-6948512
Organization Overview
Roberts Charitable Foundation Tr 2003 is located in Westerly, RI. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Roberts Charitable Foundation Tr 2003 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, Roberts Charitable Foundation Tr 2003 generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Roberts Charitable Foundation Tr 2003 has awarded 53 individual grants totaling $4,825,184. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl A Contiguglia Trustee | 3 | $0 | |
Robert C Murray Trustee | 3 | $0 | |
Grant G Simmons III Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,947 |
| Dividends & Interest | $872,801 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,405,127 |
| Capital Gain Net Income | $1,405,127 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $302 |
| Total Revenue | $2,294,177 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $382 |
| Taxes | $5,566 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $173,129 |
| Total operating and administrative expenses | $191,265 |
| Contributions, gifts, grants paid | $958,500 |
| Total expenses and disbursements | $1,149,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $264,772 |
| 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 | $25,191,137 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $835,369 |
| Total assets | $26,291,278 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Roberts Charitable Foundation Tr 2003 has awarded $958,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNITED THEATRE PURPOSE: CAPITAL PROJECT | $400,000 |
Westerly, RI PURPOSE: CAPITAL PROJECT | $250,000 |
Westerly, RI PURPOSE: EDUCATION/RESEARCH | $110,000 |
Westerly, RI PURPOSE: CAPITAL PROJECT | $100,000 |
WESTERLY EDUCATION CENTER PURPOSE: CAPITAL PROJECT | $50,000 |
Westerly, RI PURPOSE: PROGRAMS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Dalio Foundation Inc Westport, CT | $1,484,061,978 | $687,569,757 |
Seedlings Foundation Branford, CT | $139,526,871 | $5,281,922 |
Allen H & Selma W Berkman Charitable Trust Boston, MA | $738,750 | $104,320 |
Hausman Family Charitable Trust Boston, MA | $21,872,992 | $4,694,416 |
George I Alden Trust Worcester, MA | $212,050,748 | $45,527,501 |
Dolphin Charitable Foundation Boston, MA | $0 | -$101,763 |
Wagner Foundation Boston, MA | $0 | $16,483,558 |
Cedar Tree Foundation Inc Boston, MA | $119,892,393 | $12,564,904 |