Robinson Foundation
- Assets
- $52.9m
- Revenue
- $3.3m
- Investments
- $48.3m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 30-6555736
Organization Overview
Robinson Foundation is located in Wilmington, DE. The organization was established in 2017. 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. Robinson 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 12/2021, Robinson Foundation generated $3.3m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 4 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 2018, Robinson Foundation has awarded 84 individual grants totaling $9,354,500. 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 |
|---|---|---|---|
Lisa Robinson Managing Trustee, Pres | 40 | $85,500 | |
Tiffany Robinson-Cousar Executive Director | 40 | $80,500 | |
John R Robinson Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Wertz-jackson Group (Ubs) | 12/30/21 | $238,934 |
Foundation Source | 12/30/21 | $109,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,515 |
| Dividends & Interest | $1,275,154 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,925,663 |
| Capital Gain Net Income | $1,925,663 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $89,208 |
| Total Revenue | $3,293,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $166,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $12,699 |
| Interest | $0 |
| Taxes | $64,757 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $129,004 |
| Total operating and administrative expenses | $626,394 |
| Contributions, gifts, grants paid | $2,866,000 |
| Total expenses and disbursements | $3,492,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,625,311 |
| Net Accounts receivable | $2,366 |
| 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 | $941,840 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $52,912,126 |
| 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, Robinson Foundation has awarded $2,866,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: INPATIENT ROOM WITH PARENT SUITE FOR THE INTENSIVE CARE UNIT, THE INSPIRATION 4 ADVANCED RESEARCH CENTER, TO OFFSET COST OF HOUSING EXPENSES AT RMH, RADIOTHERAPY TREATMENTS FOR BRAIN TUMOR PATIENTS, GIVE TO LIVE SUPPORT AT EVENTS TO OFFSET PATIENT TREATMENT | $1,000,000 |
Memphis, TN PURPOSE: TO PURCHASE SPECIFIC ITEMS FOR THE NEUROSCIENCE INSTITUTE, REHAB SERVICES, TRANSPORT SERVICES AND GARDEN PROJECT | $537,500 |
Franklin, TN PURPOSE: TEXAS AND OKLAHOMA NATURAL DISASTER DUE TO SNOW STORM | $300,000 |
MUNFORD BAPTIST CHURCH PURPOSE: GENERAL & UNRESTRICTED | $250,000 |
Bloomfield, CT PURPOSE: GENERAL & UNRESTRICTED | $135,000 |
Millington, TN PURPOSE: TO PURCHASE PERMETHEAN BOARDS, ADDITIONAL SHADE STRUCTURE FOR THE PLAYGROUND, PLAYGROUND EQUIPMENT FOR BOTH PLAYGROUNDS | $86,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |