Joseph E Robert Jr Charitable Trust
- Assets
- $42.2m
- Revenue
- $5.6m
- Investments
- $39.3m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 47-3532602
Organization Overview
Joseph E Robert Jr Charitable Trust is located in Washington, DC. The organization was established in 2017. 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. Joseph E Robert Jr Charitable Trust 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 12/2021, Joseph E Robert Jr Charitable Trust generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.3% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 3 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, Joseph E Robert Jr Charitable Trust has awarded 103 individual grants totaling $7,743,490. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $179 |
| Dividends & Interest | $678,783 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,834,460 |
| Capital Gain Net Income | $4,834,460 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73,184 |
| Total Revenue | $5,586,606 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78,199 |
| Depreciation | $0 |
| Occupancy | $11,635 |
| Travel, conferences, and meetings | $621 |
| Printing and publications | $0 |
| Other expenses | $155,651 |
| Total operating and administrative expenses | $778,783 |
| Contributions, gifts, grants paid | $1,489,870 |
| Total expenses and disbursements | $2,268,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,511,068 |
| 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 | $8,169,127 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $461,645 |
| Total assets | $42,248,898 |
| 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, Joseph E Robert Jr Charitable Trust has awarded $1,645,850 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ALEPH INSTITUTE PURPOSE: MISSION PURPOSE | $10,000 |
ANSWERS ALS PURPOSE: MISSION PURPOSE | $5,000 |
ATHLETES FOR HOPE PURPOSE: MISSION PURPOSE | $10,000 |
BREAD FOR THE CITY PURPOSE: MISSION PURPOSE | $50,000 |
CATHOLIC CHARITIES PURPOSE: MISSION PURPOSE | $105,000 |
CHILDREN'S NATIONAL MEDICAL CENTER PURPOSE: MISSION PURPOSE | $138,350 |