Royce Family Fund Inc
- Assets
- $0.0
- Revenue
- $5.4m
- Investments
- $78.6m
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 09/1986
- Data as of
- 12/2020
- EIN
- 13-3318620
Organization Overview
Royce Family Fund Inc is located in Greenwich, CT. The organization was established in 1986. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Royce Family Fund 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 12/2020, Royce Family Fund Inc generated $5.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $5.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Royce Family Fund Inc has awarded 230 individual grants totaling $10,970,779. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAINTENANCE OF PREMISES AT 35 RAILROAD FOR USE OF PERFORMING ARTISTS THAT PROVIDE SERVICES FOR CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles M Royce President And Treasurer | 2 | $0 | |
Nicholas Moore Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,107,325 |
| Profit on Inventory Sales | $0 |
| Other Income | -$514,038 |
| Total Revenue | $5,444,218 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $271,661 |
| Contributions, gifts, grants paid | $5,500,351 |
| Total expenses and disbursements | $5,772,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $33,176,522 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $41,872 |
Grants Awarded
Over the last fiscal year, Royce Family Fund Inc has awarded $5,470,428 in support to 152 organizations.
| Grant Recipient | Amount |
|---|---|
BROWN UNIVERSITY PURPOSE: GENERAL PURPOSES | $685,000 |
Tannersville, NY PURPOSE: GENERAL PURPOSES | $666,158 |
New York, NY PURPOSE: GENERAL PURPOSES | $610,000 |
New Haven, CT PURPOSE: GENERAL PURPOSES | $550,000 |
Westerly, RI PURPOSE: GENERAL PURPOSES | $481,934 |
Bronx, NY PURPOSE: GENERAL PURPOSES | $400,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |