Overview
What is Robin Hood Foundation?
The Robin Hood Foundation is a charitable organization based in New York City that focuses on eradicating poverty by funding and collaborating with the most effective local programs. By partnering with community organizations, the foundation aims to provide essential support and resources to low-income New Yorkers. Their mission is geared towards making a significant impact on the lives of those in need within the city.
Official website here: www.robinhood.org
What are the reviews and ratings of this charity?
100% rating from Charity Navigator indicates that the Robin Hood Foundation is performing at an exemplary level. Achieving a Four-Star out of Four Star rating reflects the organization's commitment to accountability and financial integrity, which is crucial for maintaining donor trust and support. This outstanding score also highlights the foundation's effective use of funds, with a program expense ratio of 91.25%, ensuring that the majority of its resources are directed toward its mission.
The foundation showcases a strong governance structure, with a board composed entirely of independent members, ensuring unbiased oversight. Their policies regarding conflict of interest, whistleblower protections, and document retention are well-established, as evidenced by perfect scores in these areas. Additionally, the foundation demonstrates transparency by making its financial statements and tax forms readily accessible on its website.
Despite its high ratings and strong financial health, the Robin Hood Foundation may still face challenges in maintaining its level of service and outreach as it continues to grow. However, the current data reflects robust financial practices and a strong commitment to its mission, suggesting that the organization is well-positioned to achieve its goals and positively impact the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Robin Hood Foundation legitimate?
Robin Hood Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robin Hood Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,122,079
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,931,924
For more financial information, click here
Official website here: www.robinhood.org
What is the mission statement of Robin Hood Foundation?
The Robin Hood Foundation is dedicated to supporting poverty-fighting programs in New York City. They work in collaboration with community-based organizations to provide assistance to low-income individuals. Through their funding efforts, they aim to enhance the effectiveness of these programs and make a meaningful impact on people's lives. The foundation's mission is to alleviate poverty and improve the living conditions of those in need within the city. By partnering with local organizations, they strive to create long-term solutions and help break the cycle of poverty. Their commitment extends beyond just financial support, as they also work hand in hand with these organizations to foster sustainable change.
Official website here: www.robinhood.org
Who is the CEO of Robin Hood Foundation?
Richard Buery Jr is the Ceo / Non-Voting Director of Robin Hood Foundation. The CEO's salary of Robin Hood Foundation is $860,105 and their total compensation is $896,110.
Official website here: www.robinhood.org
What is the revenue of Robin Hood Foundation?
Robin Hood Foundation's revenue in 2022 was $129,325,423.
Official website here: www.robinhood.org
Who are the executives of Robin Hood Foundation and what are their salaries?
The average compensation at Robin Hood Foundation during 2022 was $111,444. There are 162 employees and 6 volunteers at Robin Hood Foundation.
Here are 57 key members and their salaries (Robin Hood Foundation's CEO's salary is $860,105 and their total compensation is $896,110):
- Compensation: $860,105
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- Compensation: $320,424
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- Other: $73,532
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- Compensation: $322,387
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- Compensation: $307,055
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- Compensation: $308,889
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- Other: $71,821
- Compensation: $260,927
- Related: $0
- Other: $66,801
Official website here: www.robinhood.org
Where can I find the form 990 for Robin Hood Foundation?
Robin Hood Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.robinhood.org
Learn more at the official website: www.robinhood.org
Mission Statement of Robin Hood Foundation
The Robin Hood Foundation, a renowned philanthropic organization, is dedicated to supporting the most effective poverty-fighting programs in New York City. In pursuit of its mission, Robin Hood Foundation partners with community-based organizations to uplift and assist low-income New Yorkers.
Through its funding initiatives, Robin Hood Foundation invests in programs that have proven track records of success in addressing the root causes of poverty. These programs focus on providing essential resources and opportunities to disadvantaged individuals, enabling them to improve their living conditions and break the cycle of poverty. By working closely with community-based organizations, the Robin Hood Foundation ensures that its resources are targeted toward the most pressing needs and that its efforts make a significant impact on the lives of those in need.
Robin Hood Foundation's commitment to poverty alleviation extends beyond financial support. The organization's partnership approach allows it to collaborate with community organizations to create sustainable, long-term solutions to poverty. By working together, the Robin Hood Foundation and its partners are able to address the complex challenges that contribute to poverty and create lasting change for the communities they serve.
In essence, the Robin Hood Foundation serves as a vital catalyst for positive change in New York City, utilizing its resources and expertise to empower community-based organizations and help them make a meaningful impact on the lives of low-income individuals. Through its mission, Robin Hood Foundation truly embodies the spirit of giving and compassion, ensuring that no New Yorker is left behind.
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Impact
October, 2024
The Robin Hood Foundation actively combats poverty in New York City by funding effective programs dedicated to alleviating the struggles faced by low-income residents. Through strategic partnerships with community-based organizations, they amplify the impact of their investments, ensuring that resources are directed to initiatives that yield measurable results. Their focus on proven poverty-fighting strategies helps lift individuals and families out of challenging circumstances, fostering greater economic mobility and stability within the community. By prioritizing collaboration and innovative solutions, the foundation plays a significant role in shaping a more equitable and supportive environment for New Yorkers in need.
This information is meant to be a general summary of Robin Hood Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,139,854
- Gross Receipts: $242,611,283
Assets and Liabilities:
- Total Assets: $320,333,864
- Total Liabilities: $101,436,533
- Net Assets: $218,897,331
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Organization Details
Founding Year
1988
Phone
(212) 227-6601Principal Officer
Richard Buery Jr
Main Address
826 BROADWAY 9TH FL, NEW YORK, NY, 10003
Website
www.robinhood.orgNTEE Category
Code: T700 - Philanthropy
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