Robin Foundation
- Assets
- $2.5m
- Revenue
- $186.2k
- Investments
- $2.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/1993
- Data as of
- 12/2023
- EIN
- 51-0338698
Organization Overview
Robin Foundation is located in Wilmington, DE. The organization was established in 1993. 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. Robin 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 12/2023, Robin Foundation generated $186.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $238.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Robin Foundation has awarded 91 individual grants totaling $1,182,330. 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 |
|---|---|---|---|
Dorothy Dehaven Lovett President/treasurer | 0 | $0 | |
Evelyn Dehaven Lovett Secretary | 0 | $0 | |
Virginia G Lovett Director | 0 | $0 | |
Robert A Lovett II Chair Of Finance Committee | 0 | $0 | |
Theodore Ashford Director | 0 | $0 | |
Theodore Ashford III Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $83,267 |
| Interest on Savings | $37 |
| Dividends & Interest | $43,408 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,261 |
| Capital Gain Net Income | $58,261 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,275 |
| Total Revenue | $186,248 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $129 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,153 |
| Total operating and administrative expenses | $50,732 |
| Contributions, gifts, grants paid | $188,160 |
| Total expenses and disbursements | $238,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $74,814 |
| 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 | $2,493,851 |
| 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, Robin Foundation has awarded $188,160 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY ASYLUM SEEKERS PROJECT PURPOSE: GENERAL | $20,000 |
GEDAKINA PURPOSE: GENERAL | $20,000 |
DOWN SYNDROME ASSOCIATION OF DELAWARE PURPOSE: GENERAL | $20,000 |
ETHIOPIAN COMMUNITY DEVELOPMENT COUNSEL PURPOSE: GENERAL | $20,000 |
GROUNDWORK COLLABORATIVE PURPOSE: GENERAL | $5,000 |
JOHN GRAHAM HOUSING & SERVICES PURPOSE: GENERAL | $8,660 |