Rockefeller Family Fund Inc

Analysis

Rockefeller Family Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1968, 58 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rockefeller Family Fund Inc reported income of $60.4m and spending of $34.5m, leaving 43% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $35.8m to $60.4m (+69%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 485%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rockefeller Family Fund Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Lions Clubs International FTDN ($60.3m), Associated Jewish Community Federation of Baltimore Inc ($60.8m) and Pledgeling Foundation ($59.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 124% of the total. Compensation of current officers, directors and key employees was $1.6m (4.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $200.3m against liabilities of $4.2m, net assets of $196.2m. It reported 17 employees.