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Posts tagged ‘Robin Hood Foundation’

15
Jan

How Revenue is Spent at the Robin Hood Foundation (2020)

The Robin Hood Foundation (RHF) is not a “rob from the rich, give to the poor” organization although RHF is known for having a wealthy Board of Directors who financially support the organization so that donations can be used to help alleviate poverty in New York City. How does RHF do this?  Primarily by providing grants to other non-profits who provide food, shelter and health services along with education so that people can lift themselves out of poverty.

In a sense, RHF is a “United Way” for non-profits in New York City whose focus is on poverty. They solicit grants, screen the organizations, and disburse donations in the form of grants. Unlike United Way, the RHF states “100% of your donation goes directly to our community partners” on the front page of their website (www.robinhood.org) because “Robin Hood’s Board of Directors underwrites all operating costs.” That’s an amazing claim, especially for donors who are interested in their dollars going as far as possible to help alleviate poverty in a city where 1 in 5 people are estimated to live in poverty. Read more »

29
Jan

How are Donations Spent at the Robin Hood Foundation?

The Robin Hood Foundation (RHF) is not a “rob from the rich, give to the poor” organization although RHF is known for having a wealthy Board of Directors who financially support the organization so that donations can be used to help alleviate poverty in New York City. How does RHF do this?  Primarily by providing grants to other non-profits in the city who work to alleviate poverty by providing food, shelter and health services along with education so that people can lift themselves out of poverty. Read more »

27
Jan

Executive Compensation at the Robin Hood Foundation

The Robin Hood Foundation (RHF) – a 501 (c) (3) based in New York City – is an organization that primarily awards grants to organizations fighting poverty by providing food, shelter, and healthcare and by helping people lift themselves out of poverty. They do this primarily by awarding grants (in 2017, the organization collected $121 million in revenue and awarded $115 million in grants).

In 2017, RHF had 149 employees who were compensated $18 million, which equates to an average compensation of $121,000. However, only 49 employees received more than $100,000 in compensation. The 14 most highly compensated individuals were: Read more »