Robert B Silvers Foundation Inc
- Assets
- $4.1m
- Revenue
- $226.2k
- Investments
- $3.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 82-2796750
Organization Overview
Robert B Silvers Foundation Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Robert B Silvers 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 12/2021, Robert B Silvers Foundation Inc generated $226.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (47.8%) each year. All expenses for the organization totaled $203.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Robert B Silvers Foundation Inc has awarded 80 individual grants totaling $357,714. 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 |
|---|---|---|---|
Rea Hederman President | 1 | $0 | |
Daniel Mendelsohn Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,595 |
| Dividends & Interest | $63,710 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $160,944 |
| Capital Gain Net Income | $160,944 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $226,249 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $26,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $286 |
| Printing and publications | $0 |
| Other expenses | $27,701 |
| Total operating and administrative expenses | $103,869 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $203,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,985 |
| Savings and temporary cash investments | $195,327 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,064,002 |
| 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, Robert B Silvers Foundation Inc has awarded $100,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
MARK BRAUDE PURPOSE: SILVERS WRITERS GRANT | $8,500 |
JESSICA CAMILLE DORN AGUIRRE PURPOSE: SILVERS WRITERS GRANT | $8,000 |
JUSTINE VAN DER LEUN PURPOSE: SILVERS WRITERS GRANT | $7,500 |
ATOSSA ARAXIA ABRAHAMIAN PURPOSE: SILVERS WRITERS GRANT | $7,500 |
YOUNG OCTOBERIST PURPOSE: SILVERS WRITERS GRANT | $7,500 |
MEEHAN CRIST PURPOSE: SILVERS WRITERS GRANT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Democracy Prep Public Schools New York, NY | $18,413,140 | $22,499,463 |
Theatre Development Fund Inc New York, NY | $10,654,511 | $12,739,705 |
New England Foundation For The Arts Inc Boston, MA | $37,132,144 | $19,074,510 |
New York Foundation For The Arts Inc Brooklyn, NY | $8,779,392 | $10,995,267 |
Moving Picture Institute New York, NY | $5,367,184 | $7,460,439 |
Liz Claiborne & Art Ortenberg Foundation New York, NY | $208,358,667 | $11,296,700 |
Pseg Foundation Inc Newark, NJ | $49,926,270 | $78,342 |
United Way Of Lancaster County Lancaster, PA | $8,532,432 | $6,314,775 |
Art Of Problem Solving Initiative Inc New York, NY | $11,649,838 | $7,944,885 |
Performance Zone Inc New York, NY | $3,205,718 | $5,815,345 |
America-Israel Cultural Foundation Inc New York, NY | $5,736,559 | $3,348,442 |
Music Performance Trust Fund New York, NY | $10,128,887 | $4,587,841 |