Charles H Revson Foundation Inc
- Assets
- $175.3m
- Revenue
- $9.6m
- Investments
- $173.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1957
- Data as of
- 12/2022
- EIN
- 13-6126105
Organization Overview
Charles H Revson Foundation Inc is located in New York, NY. The organization was established in 1957. 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. Charles H Revson Foundation 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 12/2022, Charles H Revson Foundation Inc generated $9.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $11.3m during the year ending 12/2022. While expenses have increased by 9.1% 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, Charles H Revson Foundation Inc has awarded 340 individual grants totaling $32,024,850. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Sandorf President & Director | 60 | $526,662 | |
Charles H Revson Jr Director | 1 | $3,000 | |
Reynold Levy Director | 1 | $3,000 | |
Cheryl Cohen Effron Chair Thru Feb Chair & Director | 1 | $0 | |
Neil Barsky Director | 1 | $3,000 | |
Sharon Greenberger Secretary & Director | 1 | $3,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Deerpath Capital Advantage Vi | 12/30/22 | $76,300 |
Makena Capital Associates Us Lp | 12/30/22 | $99,751 |
Adva Research & Development Ltd | 12/30/22 | $71,000 |
The Vanguard Group | 12/30/22 | $201,672 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $892 |
| Dividends & Interest | $4,269,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,997,492 |
| Capital Gain Net Income | $4,427,808 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $289,595 |
| Total Revenue | $9,557,431 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $551,662 |
| Other employee salaries and wages | $839,143 |
| Pension plans, employee benefits | $363,200 |
| Interest | $0 |
| Taxes | $147,567 |
| Depreciation | $0 |
| Occupancy | $129,634 |
| Travel, conferences, and meetings | $193,376 |
| Printing and publications | $0 |
| Other expenses | $108,117 |
| Total operating and administrative expenses | $2,804,324 |
| Contributions, gifts, grants paid | $8,542,657 |
| Total expenses and disbursements | $11,346,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,489,388 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $108 |
| 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 | $151,103 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $173,575,528 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100,841 |
| Total assets | $175,316,968 |
| Accounts payable and accrued expenses | $166,722 |
| Grants payable | $4,439,684 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,368,674 |
| Total liabilities | $5,975,080 |
Grants Awarded
Over the last fiscal year, Charles H Revson Foundation Inc has awarded $12,890,291 in support to 123 organizations.
| Grant Recipient | Amount |
|---|---|
AFRO-LATIN JAZZ ALLIANCE OF NY PURPOSE: EDUCATIONAL PROGRAMS | $10,000 |
AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE PURPOSE: US WOMENS POSTDOCTORAL CAREER DEVELOPMENT AWARD IN SCIENCE PROGRAM | $125,000 |
BARUCH COLLEGE FUND PURPOSE: HIGH SCHOOL JOURNALISM PROGRAM AND CREATION OF NEW NEWSPAPERS IN NYC HIGH SCHOOLS | $50,000 |
BARNARD COLLEGE PURPOSE: SHEILA ABDUS-SALAAM SCHOLARSHIP FUND AT BARNARD COLLEGE | $7,500 |
BOWERY RESIDENTS COMMITTEE INC PURPOSE: HORIZONS WORKFORCE DEVELOPMENT PROGRAM | $7,500 |
AMERICAN FRIENDS OF HEBREW UNIVERSITY PURPOSE: SCHOLARSHIPS AND OPPORTUNITIES FOR PROFESSIONAL ENRICHMENT | $250,000 |