Rtw Charitable Foundation
- Assets
- $65.9m
- Revenue
- $24.1k
- Investments
- $64.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-1433853
Organization Overview
Rtw Charitable Foundation is located in New York, NY. The organization was established in 2019. 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. Rtw Charitable 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 12/2022, Rtw Charitable Foundation generated $24.1k 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 (31.9%) each year. All expenses for the organization totaled $4.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rtw Charitable Foundation has awarded 69 individual grants totaling $4,307,930. 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 |
|---|---|---|---|
Roderick Wong MD Chairman | 2 | $0 | |
Stephanie A Sirota President | 2 | $0 | |
Marti Speranza Wong President, Community Engagement | 2 | $0 | |
Deborah M Slipetz Executive Directo/vp | 40 | $363,000 | |
Juan Carlos Lopez Head Of Research Gra | 40 | $254,500 | |
Joseph A Katakowski Research Institute D | 40 | $170,919 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Range Media Partners Llc | 12/30/21 | $325,000 |
Patterson Belknap Webb & Tyler Llp | 12/30/21 | $138,744 |
Korn Ferry | 12/30/21 | $55,677 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $113 |
| 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 | $24,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,237,794 |
| Pension plans, employee benefits | $63,915 |
| Interest | $144 |
| Taxes | $179,188 |
| Depreciation | $64,954 |
| Occupancy | $92,161 |
| Travel, conferences, and meetings | $135,974 |
| Printing and publications | $0 |
| Other expenses | $385,761 |
| Total operating and administrative expenses | $2,402,048 |
| Contributions, gifts, grants paid | $2,529,153 |
| Total expenses and disbursements | $4,931,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $555,717 |
| Savings and temporary cash investments | $13,949 |
| 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 | $4,283 |
| Net Investments - land, buildings, equipment | $403,617 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $346,800 |
| Total assets | $65,875,065 |
| Accounts payable and accrued expenses | $46,697 |
| Grants payable | $7,000 |
| 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 | $53,697 |
Grants Awarded
Over the last fiscal year, Rtw Charitable Foundation has awarded $2,506,587 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES PURPOSE: GENERAL SUPPORT | $150,000 |
IXCELLS BIOTECHNOLOGIES USA INC PURPOSE: GENERAL SUPPORT | $12,275 |
FOUNDATION FOR THE NATIONAL INSTITUTES OF HEALTH PURPOSE: GENERAL SUPPORT | $100,000 |
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK PURPOSE: GENERAL SUPPORT | $80,000 |
MURDOCH UNIVERSITY PURPOSE: GENERAL SUPPORT | $43,546 |
MURDOCH UNIVERSITY PURPOSE: GENERAL SUPPORT | $19,475 |