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.

For the year ending 12/2019, Rita Allen Foundation generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 68.3% each year . All expenses for the organization totaled $9.4m during the year ending 12/2019. While expenses have increased by 1.6% per year over the past 2 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 134 individual grants totaling $6,389,935. 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

2019

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 2019, THE FOUNDATION HOSTED A CONFERENCE OF CURRENT RITA ALLEN FOUNDATION SCHOLARS FOCUSING ON SHARING THEIR SCIENTIFIC RESEARCH IN CANCER, IMMUNOLOGY, NEUROSCIENCE, AND PAIN, AS WELL AS LEARNING ABOUT NEW DEVELOPMENTS IN THE BROADER FIELD OF BIOMEDICAL RESEARCH. WE ALSO BEGAN PREPARATIONS FOR ADDITIONAL CAPACITY-BUILDING ACTIVITIES FOR CURRENT SCHOLARS IN 2020, FOCUSING ON TOPICS IDENTIFIED BY THE SCHOLARS AS BEING INFLUENTIAL IN SUPPORTING THEIR DEVELOPMENT AS LEADERS IN THEIR FIELDS.


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 2019, THE FOUNDATION CONDUCTED RESEARCH ON THE INTERACTION BETWEEN SCIENCE, TECHNOLOGY, MEDIA, PHILANTHROPY, AND CIVIL SOCIETY. THIS RESEARCH WAS SHARED VIA A FIELD NEWSLETTER, AN ARTICLE PUBLISHED IN THE CHRONICLE OF PHILANTHROPY, A REPORT FOR PHILANTHROPIC PEERS, AND PARTICIPATION IN MEETINGS CONVENED WITH THE NATIONAL ACADEMY OF SCIENCES AND OTHER PARTNERS. IN 2019, THE FOUNDATION ALSO INITIATED A COHORT OF FELLOWS TO SUPPORT EFFECTIVE SCIENCE COMMUNICATION, AND DEVELOPED WEBINARS, BRIEFING PAPERS, RESOURCE COLLECTIONS, AND CONVENINGS FOR THE FELLOWS. IN ADDITION, THE FOUNDATION PARTICIPATED IN COLLABORATIVE EFFORTS AMONG FUNDERS TO DEVELOP COORDINATION IN PHILANTHROPY SUPPORTING SCIENCE, INFORMED CIVIC PARTICIPATION, AND A SOCIAL SECTOR RESPONSIVE TO PEOPLE ON THE GROUND.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Brown Advisory Management Llc
$226,239
New Providence Asset Management Lp
$477,770
Reinhart Partners Inc
$87,147
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $100,525
Dividends & Interest $2,188,945
Net Rental Income$0
Net Gain on Sale of Assets $3,894,190
Capital Gain Net Income $3,548,693
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $504,760
Total Revenue $6,688,420

Grants Awarded

Over the last fiscal year, Rita Allen Foundation has awarded $6,389,935 in support to 134 organizations.

Grant RecipientAmount

ROCKEFELLER PHILANTHROPY ADVISORS

Org PageRecipient Profile

New York, NY

PURPOSE: FUND FOR SHARED INSIGHT

$250,000

BRANDEIS UNIVERSITY

Org PageRecipient Profile

Waltham, MA

PURPOSE: GENERAL OPERATING PURPOSES

$170,000

THE CONVERSATION US INC

PURPOSE: STRENGHTENING SCIENCE JOURNALISM AND PARTNERSHIPS

$125,000

SOLUTIONS JOURNALISM NETWORK INC

Org PageRecipient Profile

New York, NY

PURPOSE: INCREASING THE DIVERSITY OF SOLUTIONS JOURNALISM NETWORK'S NEWSROOM BASE(PYMT 2 OF 2)

$125,000

UT SOUTHWESTERN MEDICAL CENTER

PURPOSE: SCHOGGINS, JOHN 2015 SCHOLAR

$110,000

CALIFORNIA INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Pasadena, CA

PURPOSE: JOSEPH PARKER 2018 MILTON CASSEL SCHOLAR

$110,000
View Grant Profile

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