The Roothbert Fund Inc
The Roothbert Fund Inc is a private foundation based in New York City that awards scholarships to undergraduate and graduate students in the United States. Incorporated in 1958, the organization operates as a nearly all-volunteer scholarship fund dedicated to supporting young people whose actions are guided by spiritual values.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.0M
+11.8% YoY
Annual Giving
$233K
-0.2% YoY
Grant Count
34
+0.0% YoY
Avg Grant Size
$7K
-0.2% YoY
Under IRS private-foundation payout rules, The Roothbert Fund Inc reported a distributable amount of $335K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Fund was established as a living memorial to Albert and Toni Roothbert, who emigrated from Germany in the early 20th century. The organization's mission is to assist college and university students who are motivated by spiritual values and have demonstrated distinguished academic achievement, with preference given to those considering teaching as a vocation.
The Fund seeks candidates whose daily actions are guided by spiritual motives and aims to build fellowship among current and former grant recipients through a lifelong community that includes annual retreats and online connections.
Grantmaking
Since its founding in 1958, the Roothbert Fund has granted scholarships to over 1,400 Fellows.
Review Cycle
of February 1st. Awards are announced in late April, and grants are mailed to grantees' institutions in August.
How to Apply
** The application portal opens November 1st each year with a deadline of February 1st. Awards are announced in late April, and grants are mailed to grantees' institutions in August.
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Geographic Focus
Where this funder awards grants
The Fund prefers applications from candidates who reside in or attend schools in the following states: Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, and West Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $7,049,386 (as of 2024)
Total Giving: $232,500 (2024)
Revenue: $270,840 (2023)
Expenses: $344,000 (2023)
Total Assets: $6.3 million (2023)
Tax Status: 501(c)(3) organization; tax-exempt since February 1960; EIN: 13-6162570
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,049,386 | $6,303,032 | $5,551,961 |
| Revenue | $404,632 | $270,840 | $133,853 |
| Expenses | $346,702 | $343,733 | $300,444 |
| Qualifying Distributions | $310,245 | $283,703 | $289,223 |
| Net Investment Income | $331,862 | $221,726 | $113,723 |
| Distributable Amount | $334,968 | $288,796 | $290,742 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
190 grants across all recorded years
Open Grants
1 open opportunity from The Roothbert Fund Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Madeleine Buchman ($7,500), Carla Fernanda P Dos Santos ($7,500), Arianna G Nelson ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CHRISTIAN J RIPKE NEW YORK, NY | SCHOLARSHIP | $7,000 |
| DANAE L HARRISON ATLANTA, GA | SCHOLARSHIP | $7,000 |
| DEVIN G JOYNER NEW YORK, NY | SCHOLARSHIP | $7,000 |
| JOAN K L GARNER BOSTON, MA | SCHOLARSHIP | $7,000 |
| JONATHAN MENDOZA WASHINGTON, DC | SCHOLARSHIP | $7,000 |
| JOSHUA H KURTZ CAMBRIDGE, MA | SCHOLARSHIP | $7,000 |
| JUN RENDICH NEW YORK, NY | SCHOLARSHIP | $5,905 |
| KADIJAH R DANSBY WASHINGTON, DC | SCHOLARSHIP | $7,000 |
| LYNETTE S MORAN PITTSBURGH, PA | SCHOLARSHIP | $7,000 |
| M HAMZA VOHRA KEENE, NH | SCHOLARSHIP | $7,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Founders: Albert Roothbert (born 1874 in Frankfurt, Germany; retired investment banker) and Antonie "Toni" von Horn Roothbert (born 1899 in Mannheim, Germany; pioneering commercial photographer). The couple married in 1937 and established the Fund in 1958.
Notable Board Member: Charles van Horne served as a longtime board member, Treasurer, and President of the Fund.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VIJAY R VARMA | VICE PRESIDENT | 1 | — |
| JAMES G HEINEGG | VICE PRESIDENT | 1 | — |
| ILUNGA KALALA | DIRECTOR | 1 | — |
| JAMES A ROSENGARTEN | DIRECTOR | 1 | — |
| NADJWA E L NORTON | DIRECTOR | 1 | — |
| NATHALIS W WAMBA | DIRECTOR | 1 | — |
| ADLER PRIOLY | DIRECTOR | 1 | — |
| ABIDEEN OONIGBANJO | DIRECTOR | 1 | — |
| MATTHEW SAWH | DIRECTOR | 1 | — |
Contact Information
Address: 475 Riverside Drive, Suite 1622, New York, NY 10115
Phone: 212-870-3206
Website: www.roothbertfund.org
Email: mail@roothbertfund.org
Frequently Asked Questions
What does The Roothbert Fund Inc fund?
The Fund was established as a living memorial to Albert and Toni Roothbert, who emigrated from Germany in the early 20th century. The organization's mission is to assist college and university students who are motivated by spiritual values and have demonstrated distinguished academic achievement, with preference given to those considering teaching as a vocation. The Fund seeks candidates whose daily actions are guided by spiritual motives and aims to build fellowship among current and former gr…
How do I apply for a grant from The Roothbert Fund Inc?
Since its founding in 1958, the Roothbert Fund has granted scholarships to over 1,400 Fellows. **Grant Amounts:** Grants are typically $5,000 to $7,000 and may be renewed for subsequent years. **Eligibility:** Applications from graduate students and undergraduates with one year of college completed are preferred. **Application Process:** The application portal opens November 1st each year with a deadline of February 1st. Awards are announced in late April, and grants are mailed to grantees' ins…
Where does The Roothbert Fund Inc make grants?
The Fund prefers applications from candidates who reside in or attend schools in the following states: Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, and West Virginia.
What size grants does The Roothbert Fund Inc award?
In 2024, The Roothbert Fund Inc awarded 34 grants totaling $233K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Roothbert Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Roothbert Fund Inc reported a distributable amount of $335K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Roothbert Fund Inc's EIN?
The Roothbert Fund Inc's EIN (Employer Identification Number) is 13-6162570. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Roothbert Fund Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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