The Roberts Foundation

SAN MATEO, CA EIN: 94-2967074

The Roberts Foundation is a private foundation, based in SAN MATEO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $324.1M in total assets. In 2024, it awarded 1 grants totaling $49.8M. Net investment income was $125.5M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$324.1M

+21.4% YoY

Annual Giving

$49.8M

+8.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$49.8M

+8.9% YoY

Under IRS private-foundation payout rules, The Roberts Foundation reported a distributable amount of $20.8M for 2024 — the minimum it must pay out in qualifying distributions.

About The Roberts Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $225.9M (100%)

States

California

Cities

San Mateo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$324,084,062	$267,051,553	$273,833,101
Revenue	$156,209,074	$65,510,835	$135,366,002
Expenses	$52,451,269	$47,581,557	$51,339,423
Qualifying Distributions	$50,071,048	$45,955,874	$50,004,092
Net Investment Income	$125,488,844	$32,119,728	$82,266,456
Distributable Amount	$20,755,536	$15,422,862	$14,284,366

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Total Grants Paid - See Attachment ($49,796,447).

Recipient	Purpose	Amount
Total Grants Paid - See Attachment San Mateo, CA	See Attachment	$49,796,447

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GEORGE R ROBERTS	PRESIDENT	—	—
ERIC B ROBERTS	VICE PRESIDENT	—	—
MARK B ROBERTS	VICE PRESIDENT	—	—
COURTNEY A ROBERTS	VICE PRESIDENT	—	—
SUE P DOELL	SECRETARY/TREASURER	—	—
LINNEA C ROBERTS	VICE PRESIDENT	—	—

Frequently Asked Questions

How large is The Roberts Foundation?

As of 2024, The Roberts Foundation holds $324.1M in total assets with $156.2M in annual revenue. It awarded 1 grants totaling $49.8M in 2024.

Where does The Roberts Foundation operate?

The Roberts Foundation has awarded grants in California.

What size grants does The Roberts Foundation award?

In 2024, The Roberts Foundation awarded 1 grants totaling $49.8M — an average of about $49.8M per grant, based on its IRS Form 990 filings.

How much is The Roberts Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Roberts Foundation reported a distributable amount of $20.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.