Fredric Roberts Foundation is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fredric Roberts 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, Fredric Roberts Foundation generated $31.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $169.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FREDRIC ROBERTS FOUNDATION SEEKS IS TO EMPOWER HIGH SCHOOL AGED STUDENTS AROUND THE WORLD WITH THE ABILITY TO EXPRESS THEMSELVES THROUGH THE MEDIUM OF PHOTOGRAPHY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Daniels Secretary/bookkeeper | 20 | $110,369 | |
Fredric Roberts President | 10 | $1,214 | |
Henry Hacker Director | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $19,563 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $11,880 |
Capital Gain Net Income | $11,880 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $31,443 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $111,583 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $7,753 |
Interest | $0 |
Taxes | $0 |
Depreciation | $5,558 |
Occupancy | $17,592 |
Travel, conferences, and meetings | $4,815 |
Printing and publications | $0 |
Other expenses | $9,848 |
Total operating and administrative expenses | $168,969 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $168,969 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $86,875 |
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 | $24,868 |
Net Land, buildings, and equipment | $6,699 |
Other assets | $0 |
Total assets | $1,224,617 |
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 | $1,834 |
Total liabilities | $1,834 |
Over the last fiscal year, Fredric Roberts Foundation has awarded $27,330 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
New Haven, CT PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $11,075 |
THE MUSIC CENTER PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $11,000 |
ORTHODOX UNION PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $2,000 |
Pottstown, PA PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $1,000 |
AMERICAN FRIENDS OF MUSEE DORSAY PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $1,000 |
Los Angeles, CA PURPOSE: PUBLIC SUPPORT OF ORGANIZATION MISSION | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Jserra Catholic High School San Juan Capistrano, CA | $110,381,982 | $32,636,304 |
The Society For The Promotion Of Japanese Animation Santa Ana, CA | $0 | $15,922,386 |
Haven Gallery Pomona, CA | $12,441,851 | $10,866,207 |
Yerba Buena Center For The Arts San Francisco, CA | $31,419,770 | $23,544,531 |
Festival Of Arts Of Laguna Beach Laguna Beach, CA | $11,626,110 | $10,814,120 |
Wallis Annenberg Center For The Performing Arts Beverly Hills, CA | $86,738,826 | $10,256,946 |
Maui Arts & Cultural Center Kahului, HI | $31,390,294 | $9,713,031 |
Immigration Institute Of The Bay Area San Francisco, CA | $7,526,224 | $6,922,510 |
Montalvo Association Saratoga, CA | $34,273,816 | $7,481,073 |
First Step Housing Sacramento, CA | $1,058,195 | $4,450,714 |
The Center For Cultural Innovation Los Angeles, CA | $15,572,704 | $5,971,325 |
Alliance For California Traditional Arts Fresno, CA | $2,645,027 | $4,730,784 |