Roothbert Fund Inc
- Assets
- $5.6m
- Revenue
- $133.9k
- Investments
- $5.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1960
- Data as of
- 12/2022
- EIN
- 13-6162570
Organization Overview
Roothbert Fund Inc is located in New York, NY. The organization was established in 1960. 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. Roothbert 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 12/2022, Roothbert Fund Inc generated $133.9k 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 (9.9%) each year. All expenses for the organization totaled $300.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Roothbert Fund Inc has awarded 383 individual grants totaling $1,375,503. 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 |
|---|---|---|---|
Vijay R Varma Vice President | 1 | $0 | |
James G Heinegg Vice President | 1 | $0 | |
Ilunga Kalala Associate Director | 1 | $0 | |
James A Rosengarten Director | 1 | $0 | |
Nadjwa E L Norton Director | 1 | $0 | |
Nathalis W Wamba Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $100,832 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,021 |
| Capital Gain Net Income | $32,021 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $133,853 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,198 |
| Depreciation | $0 |
| Occupancy | $10,982 |
| Travel, conferences, and meetings | $13,536 |
| Printing and publications | $0 |
| Other expenses | $37,335 |
| Total operating and administrative expenses | $82,181 |
| Contributions, gifts, grants paid | $218,263 |
| Total expenses and disbursements | $300,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,914 |
| 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 | $42,980 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,433 |
| Total assets | $5,551,961 |
| Accounts payable and accrued expenses | $877 |
| 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 | $877 |
Grants Awarded
Over the last fiscal year, Roothbert Fund Inc has awarded $218,263 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
MILKOOMEE ADDISU PURPOSE: SCHOLARSHIP | $7,000 |
OLIVIA O ADELABU PURPOSE: SCHOLARSHIP | $7,000 |
HADIATOU BAH PURPOSE: SCHOLARSHIP | $7,000 |
YAANIA Y BELL PURPOSE: SCHOLARSHIP | $7,000 |
KADIJAH R DANSBY PURPOSE: SCHOLARSHIP | $7,000 |
YAZID BARHOUSH PURPOSE: SCHOLARSHIP | $7,000 |