Rockefeller Foundation
- Assets
- $7.5b
- Revenue
- $704.2m
- Investments
- $6.4b
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1955
- Data as of
- 12/2021
- EIN
- 13-1659629
Organization Overview
Rockefeller Foundation is located in New York, NY. The organization was established in 1955. 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. Rockefeller 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, Rockefeller Foundation generated $704.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $612.6m during the year ending 12/2021. While expenses have increased by 13.3% 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 2014, Rockefeller Foundation has awarded 8,124 individual grants totaling $2,143,568,951. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
SEE STATEMENT 27
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chun Lai Chief Investment Officer | 45 | $1,640,215 | |
Rajeev J Shah President | 45 | $1,614,128 | |
Douglass Coyle Deputy Chief Investm | 35 | $1,224,455 | |
Michelle Pak Sr. Managing Directo | 35 | $730,228 | |
Steven Vanroekel Chief Operating Officer | 45 | $647,498 | |
Elizabeth L Yee Evp-Program Strategy | 35 | $550,210 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cbre Inc | 12/30/21 | $4,975,337 |
Paul Weiss Rifkind Wharton | 12/30/21 | $1,794,112 |
Dalberg Consulting - Us Llc | 12/30/21 | $2,829,482 |
Mathematica Policy Research Inc | 12/30/21 | $1,408,065 |
Chiefs For Change Inc | 12/30/21 | $1,771,656 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $230,647 |
| Dividends & Interest | $19,458,689 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $682,905,777 |
| Capital Gain Net Income | $413,872,625 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,628,378 |
| Total Revenue | $704,223,491 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,067,754 |
| Other employee salaries and wages | $38,785,226 |
| Pension plans, employee benefits | $12,932,114 |
| Interest | $21,267,384 |
| Taxes | $6,814,562 |
| Depreciation | $1,847,462 |
| Occupancy | $5,017,122 |
| Travel, conferences, and meetings | $2,862,866 |
| Printing and publications | $371,257 |
| Other expenses | $13,085,089 |
| Total operating and administrative expenses | $170,501,953 |
| Contributions, gifts, grants paid | $442,087,308 |
| Total expenses and disbursements | $612,589,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,079,451 |
| Savings and temporary cash investments | $943,541,340 |
| 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 | $5,848,100,633 |
| Net Land, buildings, and equipment | $11,728,933 |
| Other assets | $89,221,949 |
| Total assets | $7,467,445,865 |
| Accounts payable and accrued expenses | $12,396,747 |
| Grants payable | $74,656,330 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $695,256,163 |
| Other liabilities | $67,311,065 |
| Total liabilities | $849,620,305 |
Grants Awarded
Over the last fiscal year, Rockefeller Foundation has awarded $484,736,858 in support to 962 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TOWARD THE COSTS OF LAUNCHING AND OPERATIONALIZING ITS EFFORTS TO HARNESS THE FULL POTENTIAL OF GREEN ENERGY TO CREATE A MORE SUSTAINABLE AND EQUITABLE WORLD | $100,000,000 |
New York, NY PURPOSE: IN SUPPORT OF LAUNCHING AND OPERATIONALIZING THE PANDEMIC PREVENTION INSTITUTE TO INCUBATE PRODUCTS THAT TURN DATA INTO INFORMATION THAT SUPPORTS DECISION-MAKING FOR INDIVIDUALS, COMMUNITIES AND COUNTRIES WHO ARE BUILDING CENTERS OF EXCELLENCE ON THE FRONTLINES OF PANDEMIC-POTENTIAL OUTBREAKS | $35,000,000 |
INTERNATIONAL FINANCE CORPORATION PURPOSE: IN SUPPORT OF CREATING A BLENDED FINANCE FACILITY FOCUSED ON SCALING DISTRIBUTED RENEWABLE ENERGY INITIATIVES THAT EXPAND ENERGY ACCESS AND REDUCE GREENHOUSE GAS EMISSIONS | $25,000,000 |
INTER-AMERICAN DEVELOPMENT BANK PURPOSE: IN SUPPORT OF CREATING A REGIONAL FACILITY TO SUPPORT THE DIRECT RENEWABLE ENERGY SECTOR TO COMBAT THE CLIMATE CRISIS IN LATIN AMERICA AND THE CARIBBEAN | $15,000,000 |
INTER-AMERICAN DEVELOPMENT BANK PURPOSE: IN SUPPORT OF CREATING A REGIONAL FACILITY TO SUPPORT THE DIRECT RENEWABLE ENERGY SECTOR TO COMBAT THE CLIMATE CRISIS IN LATIN AMERICA AND THE CARIBBEAN | $10,000,000 |
Washington, DC PURPOSE: FOR USE BY CO-IMPACT, A GLOBAL COLLABORATIVE FOR SYSTEMS CHANGE, TOWARD THE COSTS OF FUNDING SYSTEMS CHANGE EFFORTS IN HEALTH, EDUCATION AND ECONOMIC OPPORTUNITY FOCUSING ON UNDERSERVED POPULATIONS WITH THE GREATEST NEED | $8,500,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rockefeller Foundation has recieved totaling $1,919,223.
| Awarding Organization | Amount |
|---|---|
Rockefeller Foundation New York, NY PURPOSE: IN SUPPORT OF FACILITATING THE ROCKEFELLER FOUNDATION DONATIONS TO CHARITABLE ORGANIZATIONS | $1,749,795 |
The Michaels Family Foundation Inc New York, NY PURPOSE: UNRESTRICTED CHARITABLE PURPOSE | $100,000 |
Rockefeller Foundation New York, NY PURPOSE: IN SUPPORT OF FACILITATING THE ROCKEFELLER FOUNDATION DONATIONS TO CHARITABLE ORGANIZATIONS | $69,428 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert Wood Johnson Foundation Princeton, NJ | $14,837,880,900 | $1,125,174,588 |
Rockefeller Foundation New York, NY | $7,467,445,865 | $704,223,491 |
Simons Foundation Inc New York, NY | $4,513,699,772 | $129,477,470 |
Bloomberg Family Foundation Inc New York, NY | $0 | $1,259,941,914 |
Faculty Practice Foundation Inc Boston, MA | $96,526,141 | $409,797,243 |
Leona M & Harry B Helmsley Charitable Trust New York, NY | $8,313,587,896 | $723,181,306 |
Jp Morgan Chase Foundation New York, NY | $675,856,149 | $488,434,024 |
Genzyme Charitable Foundation Inc Bridgewater, NJ | $0 | $207,296,108 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA | $2,648,950,543 | $383,215,006 |
Doris Duke Charitable Foundation Inc New York, NY | $2,668,517,046 | $296,413,800 |
Hillman Family Foundations Pittsburgh, PA | $2,323,141,190 | $264,701,739 |
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |