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ROBIN HOOD FOUNDATION F Address Change 13-3441066 Doing Business As F Name Change efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493321091114 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form 990 Under section 501 ( c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) 2O1 3 Do not enter Social Security numbers on this form as it may be made public By law, the IRS Department of the Treasury Open generally cannot redact the information on the form Internal Revenue Service Inspection - Information about Form 990 and its instructions is at www.IRS.gov/form990 For the 2013 calendar year, or tax year beginning 01-01-2013 , 2013, and ending 12-31-2013 C Name of organization B Check if applicable D Employer identification number ROBIN HOOD FOUNDATION F Address change 13-3441066 Doing Business As F Name change 1 Initial return Number and street (or P 0 box if mail is not delivered to street address) Room/suite E Telephone number 826 broadway p Terminated Suite 9th fl (212)227-6601 (- Amended return City or town, state or province, country, and ZIP or foreign postal code new york, NY 10003 1 Application pending G Gross receipts $ 197,429,111 F Name and address of principal officer H(a) Is this a group return for david saltzman subordinates? fl Yes F No 826 broadway 9th floor new york, NY 10003 H(b) Are a l l subordinates 1 Yes 1 No included? I Tax-exempt status F 501(c)(3) 1 501(c) ( ) I (insert no (- 4947(a)(1) or F_ 527 If "No," attach a list (see instructions) J Website : - www robinhood org H(c) Group exemption number 0- K Form of organization F Corporation 1 Trust F_ Association (- Other 0- L Year of formation 1988 M State of legal domicile NY Summary 1 Briefly describe the organization's mission or most significant activities robin hood supports the most effective poverty-fighting programs throughout NYC RH's board pays all overhead costs, so 100% of donations goes to groups helping New Yorkers in need w 2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets 3 Number of voting members of the governing body (Part VI, line 1a) . 3 33 of :2 4 Number of independent voting members of the governing body (Part VI, line 1b) . 4 32 5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) . 5 145 6 Total number of volunteers (estimate if necessary) 6 481 7aTotal unrelated business revenue from Part VIII, column (C), line 12 . 7a 0 b Net unrelated business taxable income from Form 990-T, line 34 . 7b 0 Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) . 228,080,396 176,957,636 9 Program service revenue (Part VIII, line 2g) 0 0 N 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d . 4,064,897 8,314,314 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) -15,073,588 -13,396,376 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12) . 217,071,705 171,875,574 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) 135,323,811 183,653,036 14 Benefits paid to or for members (Part IX, column (A), line 4) . 0 0 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 14,922,024 16,104,489 16a Professional fundraising fees (Part IX, column (A), line 11e) 145,000 115,000 b Total fundraising expenses (Part IX, column (D), line 25) 0-11,898,991 LLJ 17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e) . 6,697,179 9,800,406 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 157,088,014 209,672,931 19 Revenue less expenses Subtract line 18 from line 12 59,983,691 -37,797,357 Beginning of Current End of Year Year 20 Total assets (Part X, line 16) . 482,065,583 447,689,231 % 21 Total liabilities (Part X, line 26) . 84,429,368 78,106,067 ZLL 22 Net assets or fund balances Subtract line 21 from line 20 . 397,636,215 369,583,164 lijaM Signature Block Under penalties of perjury, I declare that I have examined this return, includin my knowledge and belief, it is true, correct, and complete Declaration of preps preparer has any knowledge Signature of officer Sign Here beth zolkind chief financial officer Type or print name and title Print/Type preparer's name Preparers signature Scott Thompsett Paid Firm's name 1- GRANT THORNTON LLP Pre pare r Use Only Firm's address -666 THIRD AVENUE NEW YORK, NY 100174057 May the IRS discuss this return with the preparer shown above? (see instructs For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2013) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part III .F 1 Briefly describe the organization's mission ROBIN HOOD HOLDS STEADFAST TO ITS CORE MISSION FIGHT POVERTY IN NEW YORK CITY SINCE 1988, WE HAVE FOCUSED ON FINDING, FUNDING, AND CREATING PROGRAMS AND SCHOOLS THAT GENERATE MEANINGFUL RESULTS FOR FAMILIES IN NEW YORK'S POOREST NEIGHBORHOODS During that time, Robin Hood has raised more than $1 95 billion in dollars, goods and services TO SUPPORT HUNDREDS OF NEW YORK CITY-BASED SOUP KITCHENS, HOMELESS SHELTERS, SCHOOLS, JOB TRAINING PROGRAMS, AND OTHER VITAL SERVICES THAT GIVE NEW YORK'S NEEDIEST CITIZENS THE TOOLS THEY NEED TO BUILD BETTER LIVES FOR THEMSELVES AND THEIR FAMILIES ROBIN HOOD'S BOARD OF DIRECTORS pays for all of our expenses, including fundraising, evaluation and salaries, SO 100% OF YOUR DONATION GOES TO HELPING NEW YORKERS IN NEED IN ADDITION, ROBIN HOOD RESPONDS TO EMERGENCY SITUATIONS SUCH AS THE September 11 attacks AND HURRICANE SANDY, PROVIDING MONEY, MATERIAL AND KNOW-HOWTO ORGANIZATIONS HELPING PEOPLE RECOVER FROM THESE TRAGEDIES 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . fl Yes F No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? . F Yes F No If "Yes," describe these changes on Schedule 0 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported 4a (Code ) (Expenses $ 129,165,722 including grants of $ 123,509,546 ) (Revenue $ 0 core grant making robin hood made cash grants to organizations in four areas education, early childhood and youth, jobs and economic security, and, survival, which primarily addresses hunger, homelessness and health robin hood provides more than 200 organizations with program grants, general operating support, capital grants, and funds to build capacity and deepen services and 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 initiatives funded by robin hood included programs to build high- performing public charter schools throughout new york city, targeted outreach aimed at helping newly discharged veterans (and their families) receive job training and job placement assistance, physical and mental health care, education, housing assistance, and other needed services robin hood funding also provided public benefits screening and counseling, and helped poor new yorkers claim tax credits to which they were entitled in 2013, robin hood helped 90,000 new yorkers receive more than $265 million in tax refunds and benefits 4b (Code ) (Expenses $ 60,643,620 including grants of $ 57,988,032 ) (Revenue $ 0 RELIEF GRANT MAKING In October 2012, Robin Hood reactivated its Relief Fund, providing financial support to organizations helping individuals throughout the tri- state area who were affected by Hurricane Sandy Originally formed following the 9/11 terrorist attacks, the Robin Hood Relief Fund raised $5 2 million and $70 1 million, in 2013 and 2012 respectively, from contributions to the Relief Fund and revenues from "12-12-12 The Concert for Sandy Relief" (net of expenses covered by sponsors) Robin Hood made grants totaling $55 8 million and $18 2 million, in 2013 and 2012 respectively, to more than 390 organizations providing desperately needed services to individuals and families working to recover from the devastating effects of the storm 4c (Code ) (Expenses $ 1,166,062 including grants of $ 1,115,000 ) (Revenue $ 0 CAPITAL GRANTS ROBIN HOOD MADE CAPITAL GRANTS TO 5 ORGANIZATIONS TO FACILITATE PROGRAM EXPANSION THROUGH ACQUISITION OF NEW SPACE OR RENOVATION OF EXISTING FACILITIES CAPITAL PROJECTS STAFF ASSESS FACILITY NEEDS AND ORGANIZATIONAL READINESS TO UNDERTAKE PROJECTS AND PROVIDE TECHNICAL ASSISTANCE IN ASSEMBLING A PROJECT TEAM, ANALYZING AND SECURING FINANCES AND EXECUTING PROJECTS ON TIME AND WITHIN BUDGET Form990, Part III, Line 4d MANAGEMENT ASSISTANCE ROBIN HOOD PROVIDED MANAGEMENT ASSISTANCE TO HELP STRENGTHEN 49 ORGANIZATIONS THAT RECEIVE GRANTS CONSULTING IS ARRANGED VIA DONATED PROFESSIONAL SERVICES, MONETARY GRANTS, OR PROVIDED DIRECTLY BY ROBIN HOOD STAFF AREAS OF MANAGEMENT ASSISTANCE INCLUDE CORPORATE GOVERNANCE, STRATEGIC PLANNING, HUMAN RESOURCES, BOARD OUTREACH, MARKETING, FUNDRAISING, FINANCE, LEGAL, TECHNOLOGY AND REAL ESTATE ROBIN HOOD STAFF ALSO SECURES DONATED GOODS AND SERVICES TO SUPPORT INITIATIVES OR TO BE REDISTRIBUTED TO GRANTEES (Code ) (Expenses $ 1,088,106 including grants of $ 1,040,458 ) (Revenue $ 0 MANAGEMENT ASSISTANCE 4d Other program services (Describe in Schedule 0 (Expenses $ 1,088,106 including grants of $ 1,040,458 ) (Revenue $ 0 4e Total program service expenses 1- 192,063,510 Form 990 (2013) Form 990 (2013) Page 3 Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Yes complete Schedule As .
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