EIN 13-3441066

Robin Hood Foundation / Tudor Charitable TR

IRS 501(c) type
501(c)(3)
Num. employees
162
Year formed
1988
Most recent tax filings
2022-12-01
Description
Robin Hood Foundation funds effective NYC poverty-fighting programs and partners with community-based organizations to support low-income New Yorkers.
Also known as...
Tudor Charitable Trust
Total revenues
$129,325,423
2022
Total expenses
$164,639,849
2022
Total assets
$320,333,864
2022
Num. employees
162
2022

Program areas at Robin Hood Foundation / Tudor Charitable TR

See description of core grant making in schedule o.core grantmaking: Robin Hood made cash grants to organizations through four life-stage areas: early childhood; school-age children; young adults; and adults and household supports. These grants support education, health, housing, hunger, legal services, job training, and income security. Additionally, Robin Hood made grants to support partnership initiatives like the Robin Hood learning +technology, the power fund, mobility labs, the child care quality innovation initiative, and our blue ridge labs initiative. Robin Hood also provides general operating support, capital grants, and funds to build capacity and deepen organizational capacity, as well as management strength. Robin Hood's grantmaking staff evaluated programs applying for funds to determine grant recommendations and develop initiatives in response to unmet needs. These assessments included visits to the organization, interviews with program administrators, staff and participants, evaluation of historical results, and financial review.
See description of relief grant making in schedule o.management assistance:robin Hood protects and leverages its charitable investments with expert management and technical assistance. The goal is to bring best-in-class resources to solve our partners' most pressing strategic and operational challenges. We work in nine principal areas: governance, strategy, human capital, marketing, fundraising, finance, legal, technology, and real estate.consulting is delivered by Robin Hood's internal consulting team, corporate pro bono partners and technical assistance grants. Robin Hood also provides training for the staff and board members of its community partners. Examples include developing a strategic plan to ensure effective resource allocation, streamlining a financial reporting system to manage costs, or designing an effective website to enhance fundraising. In 2022, total ma spending was $1.8 million in investments in grantmaking and multi-partner initiatives. Specifically, the ma team awarded $1.7 million for core partners while simultaneously adding $181,000 of investments in power fund (pf) partners. By expanding our pro bono partnerships, pro bono support increased by 157 percent from $1.9 million in 2021 to $4.9 million in 2022 across the spectrum of issue areas to our partners. Additionally, ma investments primarily focused on talent and dei ($456,000), strategy ($231,000) and operations ($216,000) projects which are aligned with key trends in the nonprofit sector. The team launched a series of peer learning groups for new executive directors, chief human capital officers, development directors, senior leaders of color, and middle managers who are leaders of color. Finally, the ma team successfully placed 9 professionals on community partner boards.
See description of management assistance in schedule o.robin Hood's capital grant initiative collaborates closely with our community partners to help these organizations manage their space needs. The initiative offers technical assistance, connections to top industry professionals, funding for pre-development costs and, in select cases, grants for capital projects. The initiative places a premium on funding early-stage planning to reduce costs and risks for a community partner's capital project. In 2022, Robin Hood made a $125,000 capital grant to project hospitality to renovate and furnish new space of its food pantry, which will replace the existing pantry which continues to suffer from significant structural damage caused by superstorm sandy.mission investments:in october 2018, Robin Hood launched a pilot social investment strategy that is now known as mission investments, a new investment tool that enables Robin Hood to scale impact, leverage creativity, and produce an acceptable return. In 2022, Robin Hood made a $135,000 mission investment with urban homesteading assistance board. The investment supports a revolving fund aimed at combating dangerous and unhealthy housing conditions while simultaneously preventing the eviction of tenants living in buildings with these violations.

Grants made by Robin Hood Foundation / Tudor Charitable TR

GranteeGrant descriptionAmount
Research Foundation of The City University of New York (RFCUNY)Poverty Relief$7,405,702
The Fund For Public SchoolsPoverty Relief$6,425,900
Children's AidPoverty Relief$2,783,000
...and 253 more grants made totalling $126,051,451

Who funds Robin Hood Foundation / Tudor Charitable TR

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Bloomberg PhilanthropiesGeneral Support$9,900,000
National Philanthropic TrustPublic, Societal Benefit$9,843,045
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$7,188,963
...and 183 more grants received totalling $65,614,697

Personnel at Robin Hood Foundation / Tudor Charitable TR

NameTitleCompensation
Alex KlabinFounder and Chief Executive Officer and Chairman / Chief Marketing Officer
Lachlan MurdochChairman of News Corp; Chairman and Chief Executive Officer / Board Member
Laurence D. FinkChairman and Chief Executive Officer Blackrock / Board Member$0
Peter MullerFounder and Chief Executive Officer
Richard BueryInterim Chief Financial Officer$860,105
...and 30 more key personnel

Financials for Robin Hood Foundation / Tudor Charitable TR

RevenuesFYE 12/2022
Total grants, contributions, etc.$140,856,197
Program services$0
Investment income and dividends$232,634
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,907,220
Net income from fundraising events$-13,670,628
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$129,325,423

Form 990s for Robin Hood Foundation / Tudor Charitable TR

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-03-01990View PDF
2018-122020-01-03990View PDF
...and 9 more Form 990s

Organizations like Robin Hood Foundation / Tudor Charitable TR

OrganizationLocationRevenue
United Way of New York CityNew York, NY$63,579,225
United Way of Greater CincinnatiCincinnati, OH$46,660,907
United Way of Central IndianaIndianapolis, IN$54,398,251
Orange County United WayIrvine, CA$67,720,545
United Way MiamiMiami, FL$68,257,850
United Way of Greater AtlantaAtlanta, GA$152,617,384
United Way of Massachusetts Bay and Merrimack ValleyBoston, MA$51,168,884
ServeMinnesotaMinneapolis, MN$50,764,161
Valley of the Sun United WayPhoenix, AZ$79,942,536
America's Charities (AC)Chantilly, VA$39,872,476
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 9 new personnel
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
January 3, 2024
Received grants
Identified 85 new grant, including a grant for $9,900,000 from Bloomberg Philanthropies
October 26, 2023
Received grants
Identified 26 new grant, including a grant for $5,200,000 from MJS Foundation
Nonprofit Types
Grantmaking organizationsFamily service centersCharities
Issues
Hunger
Characteristics
Political advocacyProvides grantsLobbyingFundraising eventsOperates internationallyNational levelTax deductible donations
General information
Address
826 Broadway 9th FL
New York, NY 10003
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
robinhood.org/ 
Phone
(212) 227-6601
Facebook page
robinhood 
Twitter profile
@robinhoodnyc 
IRS details
EIN
13-3441066
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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