The David Rockefeller Fund Inc
- Assets
- $76.9m
- Revenue
- $12.9m
- Investments
- $66.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1989
- Data as of
- 12/2021
- EIN
- 13-3533359
Organization Overview
The David Rockefeller Fund Inc is located in New York, NY. The organization was established in 1989. 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. David Rockefeller 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 12/2021, David Rockefeller Fund Inc generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 64.2% each year . All expenses for the organization totaled $7.3m during the year ending 12/2021. While expenses have increased by 41.8% per year over the past 4 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 2020, David Rockefeller Fund Inc has awarded 272 individual grants totaling $17,473,355. 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:
DURING 2021, 3 MEMBERS OF THE STAFF OF DAVID ROCKEFELLER FUND PROVIDED TECHNICAL ASSISTANCE TO CHARITABLE ORGANIZATIONS AND 1 MEMBER OF THE STAFF SERVED ON 5 CHARITABLE ORGANIZATIONS' BOARDS. 2 MEMBERS OF THE STAFF SERVED ON TOTAL OF 5 COMMITTEES, PUBLIC COMMISSIONS, OR TASK FORCES IN ORDER TO PROVIDE TECHNICAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lukas Haynes Chief Executive Officer | 40 | $228,570 | |
Lexi Fisher Secretary/chief Operating Officer | 40 | $109,335 | |
Nili Gilbert Trustee | 5 | $39,021 | |
Leah D'angelo Treasurer | 1 | $7,337 | |
Jamie Bennett Trustee | 2 | $2,000 | |
Mindy Fullilove Trustee | 1.5 | $2,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rockefeller Capital Management | 12/30/21 | $402,657 |
Jpmorgan Chase & Co | 12/30/21 | $56,885 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,100,000 |
| Interest on Savings | $1,207 |
| Dividends & Interest | $1,413,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,402,047 |
| Capital Gain Net Income | $1,623,210 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$27,801 |
| Total Revenue | $12,888,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $390,263 |
| Other employee salaries and wages | $128,236 |
| Pension plans, employee benefits | $158,365 |
| Interest | $0 |
| Taxes | $36,429 |
| Depreciation | $4,238 |
| Occupancy | $31,930 |
| Travel, conferences, and meetings | $26,159 |
| Printing and publications | $1,131 |
| Other expenses | $295,996 |
| Total operating and administrative expenses | $1,536,173 |
| Contributions, gifts, grants paid | $5,771,000 |
| Total expenses and disbursements | $7,307,173 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $515,595 |
| Savings and temporary cash investments | $598,988 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $9,167,076 |
| 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 | $11,093 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $36,577,182 |
| Net Land, buildings, and equipment | $12,568 |
| Other assets | $60,321 |
| Total assets | $76,948,270 |
| Accounts payable and accrued expenses | $427,191 |
| Grants payable | $1,754,500 |
| 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 | $2,181,691 |
Grants Awarded
Over the last fiscal year, The David Rockefeller Fund Inc has awarded $6,246,250 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA ALLIANCE EDUCATION FUND PURPOSE: COALITION TO BUILD A PERMANENT, POWERFUL, STRATEGIC AND INCLUSIVE PROGRESSIVE MOVEMENT IN GEORGIA | $250,000 |
Madison Heights, MI PURPOSE: EDUCATING BIPOC VOTERS ABOUT PUBLIC POLICY ISSUES IN MICHIGAN | $250,000 |
New York, NY PURPOSE: LIMITING OIL AND GAS DEVELOPMENT IN TEXAS | $250,000 |
Madison Heights, MI PURPOSE: EDUCATING BIPOC VOTERS ABOUT PUBLIC POLICY ISSUES IN MICHIGAN | $250,000 |
GEORGIA ALLIANCE EDUCATION FUND PURPOSE: COALITION TO BUILD A PERMANENT, POWERFUL, STRATEGIC AND INCLUSIVE PROGRESSIVE MOVEMENT IN GEORGIA | $250,000 |
Washington, DC PURPOSE: ACHIEVE TRANSFORMATIVE CHANGE IN COMMODITY MARKETS AND GOVERNMENT POLICY TO ENSURE THE PROTECTION OF THE WORLD'S FORESTS | $250,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The David Rockefeller Fund Inc has recieved totaling $42,500.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $42,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |