Robin Hood Foundation

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Robin hood is new york's largest poverty-fighting organization. robin hood finds, funds and creates programs that generate meaningful results for new york city's poorest residents. incorporated in new york state in 1988, robin hood is a not-for-profit public charity that is committed to lifting new york city households out of poverty measurably and sustainably. every year, robin hood funds more than 250 of new york city's most effective non-profit organizations fighting poverty. the board of directors covers all the organization's overhead, so 100% of all unrestricted donations from the public go directly to organizations helping new yorkers in need. robin hood's fight against poverty is focused on two fronts: 1. meeting urgent needs - which involves funding organizations that provide food, shelter and health care to poor new yorkers. 2. helping households move out of poverty measurably and sustainably, which is the key to ending intergenerational poverty - robin hood provides support”.

When discussing its operations, they were defined as: “Robin hood supports the most effective poverty-fighting programs in nyc. rh's board pays all overhead costs, so 100% of non-board donations go to helping new yorkers in need.”.

• The state where the non-profit operates has been legally reported as NY.
• The filing indicates that the non-profit's address in 2020 is located at 826 broadway 9th floor, new york, NY, 10003.
• The non-profit has reported 135 employees on their form as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Has foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is -$65,763,928.
• The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 41 independent voting members.
• The organization has a professional fund raiser.
• The organization was formed in 1988.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization engages in lobbying activities.
• The organization pays $18,365,113 in salary, compensation, and benefits to its employees.
• The organization pays $8,577,675 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has fundraising events.
• The organization has grants to organizations.
• The organization's financial statements were reviewed by an accountant.