Robert B Silvers Foundation Inc
- Assets
- $3.8m
- Revenue
- $155.5k
- Investments
- $3.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 82-2796750
Organization Overview
Robert B Silvers Foundation Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert B Silvers Foundation 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, Robert B Silvers Foundation Inc generated $155.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (44.8%) each year. All expenses for the organization totaled $383.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Robert B Silvers Foundation Inc has awarded 104 individual grants totaling $571,214. 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 |
|---|---|---|---|
Rea Hederman President | 1 | $0 | |
Daniel Mendelsohn Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $7 |
| Dividends & Interest | $29,828 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $115,650 |
| Capital Gain Net Income | $115,650 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $155,485 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $30,550 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,082 |
| Printing and publications | $0 |
| Other expenses | $42,416 |
| Total operating and administrative expenses | $169,914 |
| Contributions, gifts, grants paid | $213,500 |
| Total expenses and disbursements | $383,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,482 |
| Savings and temporary cash investments | $224,259 |
| 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 | $18,545 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,844,618 |
| 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, Robert B Silvers Foundation Inc has awarded $213,500 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ALEX ZEPHYR BLASDEL PURPOSE: SILVERS WRITERS GRANT | $2,500 |
JOSHUA DAVIS PURPOSE: SILVERS WRITERS GRANT | $2,000 |
EMILY DUFTON PURPOSE: SILVERS WRITERS GRANT | $5,000 |
WALTER EDGAR HUNTER IV PURPOSE: SILVERS WRITERS GRANT | $3,500 |
STEPHEN KEARSE PURPOSE: SILVERS WRITERS GRANT | $1,000 |
LAUREN ELIZABETH MARKHAM PURPOSE: SILVERS WRITERS GRANT | $4,000 |