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The David Rockefeller Fund, Inc.

Profile

Last Updated: 2016-05-11

At A Glance

The David Rockefeller Fund, Inc.

30 Rockefeller Plz., Rm. 5600

New York City, NY United States 10112-0002

Telephone: (212) 649-5631

URL: www.drfund.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $5,959,035

Total giving: $1,454,500

EIN

133533359

BRIDGE Number

3789042853

Background

Established in 1989 in NY - The David Rockefeller Fund was established in 1989 by David Rockefeller and his wife Peggy to carry out their annual charitable giving in communities where they had homes outside New York City. In 2001, David Rockefeller expanded the fund and invited his children and grandchildren and their spouses to take a more active role in the fund with the idea of transferring to them his philanthropic legacy. The fund's work provides a learning environment where family members are able to engage in dialogue and grantmaking around shared topics of interest. David Rockefeller is a former banker, political appointee, globalist, and the current leader of the Rockefeller family. He has served as Chairman of such notable institutions as the Council of Foreign Relations, the Chase Manhattan Bank, and the Museum of Modern Art. He has been the recipient of numerous awards, including the Presidential Medal of Freedom, the U.S. Legion of Merit, and the Andrew Carnegie Medal of Philanthropy. David Rockefeller has committed to The Giving Pledge, and has pledged to give away at least half of his wealth to philanthropy.

Purpose and Activities

The fund currently has four primary program areas: Community, Arts, Criminal Justice, and Environment. The Community grants program (referred to as the Citizenship Program from 1990 to 2009) continues to support more than 80 local non-profit organizations annually with grants ranging from $500 to $10,000. Since its inception, the Community Program has awarded grants totaling over $3.35 million. The Arts Program focuses on access and engagement; Criminal Justice promotes a more humane and fair criminal justice system; and Environment addresses climate change and local sustainability efforts. Between 2001 and 2009, the Fund awarded grants totaling over $3.8 million to more than 70 organizations in the Arts, Criminal Justice, and Environment program areas. Please see Programs for more detailed information. In addition to the program areas outlined above, the fund underwrites a number of initiatives designed to encourage family members' individual philanthropic involvement and interests, as well as collaborative grantmaking by the family.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Arts

The goal of the Arts Program is to enrich individual human experience and help strengthen communities by providing meaningful engagement with, and access to, the arts. The fund provides support for organizations that give individuals who might not otherwise have the opportunity a chance to participate in the arts in a sustained and substantive way.

Community

The Community Program (previously the Citizenship Program) provides support for over 80 charitable and public organizations in communities where David Rockefeller lives outside of New York City: principally Mt. Desert Island, Maine; the Tarrytown area of Westchester County, New York; and the Livingston area of Columbia County, New York.

Criminal Justice

The goal of this program is to promote a more fair and humane criminal justice system in the United States and New York City. With an emphasis on criminal justice reform and re-entry services, the fund supports organizations that advocate on behalf of prison reform and a rethinking of our current incarceration philosophy. It also supports non-profits that provide pre- and post-release services, with a focus on family and community re-integration.

Environment

The goal of this program is to promote a healthier, more sustainable planet by addressing issues related to climate change. The fund supports organizations that advocate for the reduction of greenhouse gas emissions and highlight the negative effects of excessive carbon consumption in the U.S. Grantmaking is focused on combating the use of coal and its related community impacts and promoting energy efficiency measures. The fund also supports community-based activities that help strengthen self-reliance and increase access to local food and energy resources.

Fields of Interest

Subjects
  • Agriculture
  • Arts and culture
  • Community and economic development
  • Education
  • Environment
  • Health
  • Historic preservation
  • Prisoners' rights
  • Sports and recreation
  • Sustainable agriculture
Population Groups
  • Adolescents
  • Children and youth
  • Economically disadvantaged people
  • Incarcerated people
  • Low-income and poor people
Organizations
  • Associations
  • Coalitions and alliances

Financial Data

Year ended 2014-12-31

Assets: $5,959,035 (market value)

Gifts received: $1,250,000

Expenditures: $1,618,749

Total giving: $1,454,500

Qualifying distributions: $1,509,650