Robins Foundation
- Assets
- $165.2m
- Revenue
- $8.8m
- Investments
- $160.2m
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 01/1965
- Data as of
- 12/2023
- EIN
- 54-0784484
Organization Overview
Robins Foundation is located in Richmond, VA. The organization was established in 1965. 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. Robins 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 12/2023, Robins Foundation generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $9.0m during the year ending 12/2023. While expenses have increased by 5.0% per year over the past 7 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 2015, Robins Foundation has awarded 1,035 individual grants totaling $56,679,644. 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 |
|---|---|---|---|
Alex Tariot Director | 0.9 | $0 | |
Ann Carol Marchant Director | 0.9 | $0 | |
Betty Robins Porter Director Emeritus, Non-Voting | 0 | $0 | |
Christopher Chin President & CEO | 40 | $324,880 | |
Dr Robert E Marchant Director | 0.9 | $0 | |
Frank Robinson Director / Chair | 0.9 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Global Endowment Management | 12/30/23 | $539,858 |
Cevian Capital | 12/30/23 | $106,696 |
Silchester International Investors | 12/30/23 | $101,945 |
Samlyn Offshore Ltd | 12/30/23 | $74,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,871,153 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,904,455 |
| Capital Gain Net Income | $12,809,357 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,775,608 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $324,879 |
| Other employee salaries and wages | $206,612 |
| Pension plans, employee benefits | $83,326 |
| Interest | $3,758 |
| Taxes | $428,355 |
| Depreciation | $7,495 |
| Occupancy | $100,506 |
| Travel, conferences, and meetings | $91,950 |
| Printing and publications | $0 |
| Other expenses | $46,505 |
| Total operating and administrative expenses | $3,453,531 |
| Contributions, gifts, grants paid | $5,564,665 |
| Total expenses and disbursements | $9,018,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $940,519 |
| 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 | $31,508 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,360,500 |
| Net Land, buildings, and equipment | $6,342 |
| Other assets | $4,024,078 |
| Total assets | $165,243,528 |
| Accounts payable and accrued expenses | $66,821 |
| 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 | $585,870 |
| Total liabilities | $652,691 |
Grants Awarded
Over the last fiscal year, Robins Foundation has awarded $5,564,665 in support to 110 organizations.
| Grant Recipient | Amount |
|---|---|
ANNA JULIA COOPER EPISCOPAL SCHOOL PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $25,000 |
BERMUDA HUNDRED CHILD DEVELOPMENT CENTER PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $25,000 |
CAPITAL TREES PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $115,000 |
ASSOCIATION OF FUNDRAISING PROFESSIONALS PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $1,500 |
AUTISM PROGRAM OF VIRGINIA INC PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $25,000 |
ASPEN HOPE CENTER PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $10,000 |