The Robert Goelet Foundation
- Assets
- $2.4m
- Revenue
- $334.0k
- Investments
- $2.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1964
- Data as of
- 01/2024
- EIN
- 13-6146654
Organization Overview
The Robert Goelet Foundation is located in Chicago, IL. The organization was established in 1964. 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. Robert Goelet 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 01/2024, Robert Goelet Foundation generated $334.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $191.2k during the year ending 01/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Robert Goelet Foundation has awarded 103 individual grants totaling $883,345. 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 |
|---|---|---|---|
Name Not Listed Trustee | 2 | $39,748 | |
Anne D Frost Co-Trustee | 1 | $4,852 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,520 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $249,430 |
| Capital Gain Net Income | $249,430 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $333,950 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $44,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,318 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $51,168 |
| Contributions, gifts, grants paid | $140,000 |
| Total expenses and disbursements | $191,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,122 |
| Savings and temporary cash investments | $41,243 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,441,794 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Robert Goelet Foundation has awarded $140,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
HARMONY FOUNDATION PURPOSE: GENERAL | $10,000 |
METROPOLITAN OPERA ASSOCIATION INC PURPOSE: PROGRAM SUPPORT | $25,000 |
NEW YORK CITY BALLET INC PURPOSE: PROGRAM SUPPORT | $8,000 |
CALVARY FUND PURPOSE: GENERAL | $30,000 |
HUMANE SOCIETY OF WESTCHESTER PURPOSE: GENERAL | $7,000 |
AMERICA NEEDS YOU PURPOSE: GENERAL | $8,000 |