The Robertson Scholars Leadership Program
- Assets
- $6.8k
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2006
- Data as of
- 06/2022
- EIN
- 20-2479103
Organization Overview
The Robertson Scholars Leadership Program is located in New York, NY. The organization was established in 2006. 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. Robertson Scholars Leadership Program 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 06/2022, Robertson Scholars Leadership Program generated $7.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $7.5m during the year ending 06/2022. While expenses have increased by 0.7% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ROBERTSON SCHOLARS LEADERSHIP PROGRAM (THE "PROGRAM") PROVIDES A YEARLY GRANT TO BOTH DUKE UNIVERSITY ("DUKE") AND UNC-CHAPEL HILL ("UNC") TO SUPPORT LEADERSHIP DEVELOPMENT FOR A SELECTIVE GROUP OF UNDERGRADUATE SCHOLARS. SCHOLARS ARE SELECTED BASED ON THEIR EXTRAORDINARY POTENTIAL FOR LEADERSHIP AND ACADEMIC PERFORMANCE. PROGRAMMATIC BENEFITS INCLUDE TUITION, ROOM AND BOARD, SUMMER FUNDING, AND RIGOROUS MENTORSHIP.THE EXECUTIVE DIRECTOR ("ED") OF THE PROGRAM IS INVOLVED IN ALL ASPECTS OF THIS ACTIVITY, INCLUDING SCHOLARS SELECTION AND ONGOING SUPPORT, PROGRAMMATIC DESIGN AND DELIVERY, STRATEGIC VISION-SETTING AND PLANNING, AND FINANCIAL OVERSIGHT. THE ED DEVELOPS AND COORDINATES ACTIVITY EVENTS HOSTED FOR THE SCHOLARS THROUGHOUT THE YEAR, AND HE OVERSEES THE CROSS-CAMPUS COLLABORATION AND RELATIONSHIPS WITH BOTH THE DUKE AND UNC ADMINISTRATIONS. IN FISCAL YEAR ENDED 6/30/22, THERE WERE XX SCHOLARS ATTENDING DUKE AND XX SCHOLARS ATTENDING UNC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julian H Robertson Jr Director | 1 | $0 | |
Alexander Robertson Director (began 05/04/21) | 1 | $0 | |
Kevin Guskiewicz Director | 1 | $0 | |
Vincent Price Director | 1 | $0 | |
Andrew Lakis Executive Director | 40 | $285,000 | |
William Goodell Executive Director (resigned 06/15/21) | 40 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,500,312 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,500,312 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $385,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $104,303 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,752 |
| Printing and publications | $0 |
| Other expenses | $4,292 |
| Total operating and administrative expenses | $533,989 |
| Contributions, gifts, grants paid | $6,962,336 |
| Total expenses and disbursements | $7,496,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,751 |
| Savings and temporary cash investments | $0 |
| 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 | $6,751 |
| 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 Robertson Scholars Leadership Program has awarded $6,962,336 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE UNIVERSITY PURPOSE: SUPPORT FOR THE ROBERTSON SCHOLARS LEADERSHIP PROGRAM AT THE UNIVERSITY. | $5,347,476 |
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL PURPOSE: SUPPORT FOR THE ROBERTSON SCHOLARS LEADERSHIP PROGRAM AT THE UNIVERSITY. | $1,614,860 |