Rita Allen Foundation

Organization Overview

Rita Allen Foundation is located in Princeton, NJ. The organization was established in 1956. 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. Rita Allen 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, Rita Allen Foundation generated $23.9m in total revenue. All expenses for the organization totaled $9.8m during the year ending 12/2021. While expenses have increased by 1.9% 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 2019, Rita Allen Foundation has awarded 457 individual grants totaling $20,762,436. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE RITA ALLEN FOUNDATION INVESTS IN EMERGING IDEAS IN SCIENCE, SOCIAL INNOVATION, AND INFORMED CIVIC ENGAGEMENT. THE FOUNDATION WORKS WITH GRANT RECIPIENTS TO BUILD CAPACITY BEYOND FINANCIAL SUPPORT, INCLUDING PROVIDING VALUE-ADDED ACTIVITIES THROUGH CONFERENCES, PUBLISHING, AND CONTRIBUTING TO RESEARCH TO HELP GUIDE THE WORK OF EMERGING LEADERS AND ORGANIZATIONS, AS WELL AS OFFERING TECHNICAL ASSISTANCE FOR GRANT RECIPIENTS. IN 2021, THE FOUNDATION HOSTED VIRTUAL MEETINGS OF CURRENT AND FORMER RITA ALLEN FOUNDATION SCHOLARS FOCUSING ON SHARING THEIR SCIENTIFIC RESEARCH, AND THE FOUNDATION CO-ORGANIZED A CONVENING OF RESEARCHERS AND PHILANTHROPISTS TO ADVANCE BASIC RESEARCH IN THE NEUROBIOLOGY OF PAIN.


THE RITA ALLEN FOUNDATION IS COMMITTED TO DEVELOPING THE KNOWLEDGE AND COLLABORATION OF THE PHILANTHROPIC SECTOR AND THE FIELDS IN WHICH IT WORKS IN ORDER TO BETTER ADDRESS COMPLEX PROBLEMS. IN 2021, THE FOUNDATION CONDUCTED RESEARCH ON THE INTERACTION BETWEEN SCIENCE, TECHNOLOGY, MEDIA, PHILANTHROPY, AND CIVIL SOCIETY. THIS RESEARCH WAS SHARED VIA A FIELD NEWSLETTER AND PARTICIPATION IN MEETINGS CONVENED WITH THE NATIONAL ACADEMY OF SCIENCES AND OTHER PARTNERS, AS WELL AS AN ARTICLE IN THE STANFORD SOCIAL INNOVATION REVIEW. IN 2021, THE FOUNDATION ALSO ORGANIZED AND SUPPORTED A COHORT OF FELLOWS TO DEVELOP MORE EFFECTIVE SCIENCE COMMUNICATION RESEARCH AND PRACTICE. IN SUPPORT OF THE FELLOWS, THE FOUNDATION DEVELOPED BRIEFING PAPERS, RESOURCE COLLECTIONS, AND A SERIES OF VIRTUAL LEARNING OPPORTUNITIES. THE FOUNDATION ALSO LED AND INVESTED IN DEVELOPING COLLABORATIVE EFFORTS AMONG FUNDERS FOCUSED ON SCIENCE, CIVIC PARTICIPATION, AND AN EFFECTIVE SOCIAL SECTOR.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
New Providence Asset Management Lp
$431,967
Brown Advisory Management Llc
$298,878
The Colony Group Llc
$207,292
Shakera Grant
$102,165
Pkf O'connor Davies
$57,250
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $5,644
Dividends & Interest $1,420,465
Net Rental Income$0
Net Gain on Sale of Assets $21,866,265
Capital Gain Net Income $23,048,738
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $586,467
Total Revenue $23,878,841

Grants Awarded

Over the last fiscal year, Rita Allen Foundation has awarded $6,938,954 in support to 160 organizations.

Grant RecipientAmount

BRANDEIS UNIVERSITY

Org PageRecipient Profile

Waltham, MA

PURPOSE: GENERAL OPERATING SUPPORT

$180,000

CALIFORNIA INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Pasadena, CA

PURPOSE: JOSEPH PARKER 2018 SCHOLAR

$110,000

THE JOHN HOPKINS UNIVERSITY

PURPOSE: JOSHUA MODELL MILTON CASSEL SCHOLAR GRANT-IMMUNOLOGY

$110,000

UNIVERSITY OF MICHIGAN

PURPOSE: MONICA DUS 2016 SCHOLAR

$110,000

UNIVERSITY OF CALIFORNIA SAN DIEGO

Org PageRecipient Profile

La Jolla, CA

PURPOSE: RICHARD DANEMAN 2017 SCHOLAR

$110,000

HARVARD UNIVERSITY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: AMANDA WHIPPLE 2020 SCHOLAR

$110,000
View Grant Profile

Peer Organizations

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