Roberts Foundation
- Assets
- $273.8m
- Revenue
- $135.4m
- Investments
- $235.1m
- Employees
- 0
- Location
- San Mateo, CA
- Founding
- 08/1985
- Data as of
- 12/2022
- EIN
- 94-2967074
Organization Overview
Roberts Foundation is located in San Mateo, CA. The organization was established in 1985. 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. Roberts 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, Roberts Foundation generated $135.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 59.3% each year . All expenses for the organization totaled $51.3m during the year ending 12/2022. While expenses have increased by 7.6% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George R Roberts President | 0 | $0 | |
Eric B Roberts Vice President | 0 | $0 | |
Mark B Roberts Vice President | 0 | $0 | |
Courtney A Roberts Vice President | 0 | $0 | |
Sue P Doell Secretary/treasurer | 0 | $0 | |
Linnea C Roberts Vice President | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ensemble Capital Management | 12/30/22 | $377,020 |
Ubs Financial Services Inc | 12/30/22 | $45,417 |
Dannielle Bean | 12/30/22 | $93,188 |
Jeffrey Takiue | 12/30/22 | $118,521 |
Christine Bean | 12/30/22 | $121,067 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,310,588 |
| Interest on Savings | $430,720 |
| Dividends & Interest | $3,318,931 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $79,096,962 |
| Capital Gain Net Income | $79,096,962 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $208,801 |
| Total Revenue | $135,366,002 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $675,147 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $96,366 |
| Total operating and administrative expenses | $1,637,578 |
| Contributions, gifts, grants paid | $49,701,845 |
| Total expenses and disbursements | $51,339,423 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,725,097 |
| 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 | $55,486,768 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,049 |
| Total assets | $273,833,101 |
| 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, Roberts Foundation has awarded $32,616,538 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
AJC (WALL STREET JOURNAL AD CAMPAIGN) PURPOSE: AD CAMPAIGN | $5,000 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: CAPITAL CAMPAIGN AND STRATEGIC COMMUNICATIONS | $1,000,000 |
ASSOCIATION TO BENEFIT CHILDREN PURPOSE: GENERAL SUPPORT | $100,000 |
ARLINGTON SOAP BOX DERBY PURPOSE: GENERAL SUPPORT | $15,000 |
BASIC FUND PURPOSE: GENERAL SUPPORT | $125,000 |
BOYS AND GIRLS CLUB OF THE BIG ISLAND PURPOSE: GENERAL SUPPORT | $325,000 |