The Suzanne Roberts Cultural Development

PHILADELPHIA, PA EIN: 81-3282533

The Suzanne Roberts Cultural Development Fund is a private grantmaking foundation based in Philadelphia, Pennsylvania. Designated as a 501(c)(3) organization, it operates as a private foundation focused on supporting cultural and educational initiatives. The foundation has been tax-exempt since July 2019.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

-18.6% YoY

Annual Giving

$1.1M

+40.1% YoY

Grant Count

24

+0.0% YoY

Avg Grant Size

$45K

+40.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding priorities include:

  • Arts, Culture & Humanities
  • Education
  • Philanthropy, Voluntarism & Grantmaking

The foundation does not currently provide a public mission statement.

Grantmaking

The foundation operates on an invite-only basis and does not accept unsolicited applications.

Grant Range

$2,000 to $400,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in Pennsylvania and Maryland.

Grant Distribution by State

2states

Cities

AmblerBaltimoreGlensideGreencastleMediaPhiladelphia

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total assets: $4,226,499
  • Total revenue: $385,000
  • Total expenses: $792,000
  • Total liabilities: $0

Historical Assets:

  • 2022: $4,600,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$598K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$3,438,938$4,226,499$4,619,244
Revenue$419,647$384,969$370,929
Expenses$1,109,718$791,966$787,332
Qualifying Distributions$1,073,000$766,000$756,000
Net Investment Income$393,789$355,564$358,818
Distributable Amount$196,151$214,677$240,700

Giving Over Time

Total grant dollars and number of grants per year

$0$268K$537K$805K$1M23 grants202024 grants202124 grants202224 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PHILADELPHIA THEATRE COM…$722KTHE JOHNS HOPKINS CENTER…$100KKORESH DANCE$38KHEDGEROW THEATRE$30KBALLET X$23K1812 PRODUCTIONS$18KACT II PLAYHOUSE$15KLANTERN THEATER COMPANY$15KWHYY$15KARDEN THEATRE COMPANY$12K

Grant Size Distribution

119 grants across all recorded years

108<$50K1$50–100K5$100–250K4$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Sheldon Bonovitz is listed as a trustee of the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRIAN L ROBERTSTRUSTEE1
SHELDON M BONOVITZTRUSTEE1

Recent News & Activity

Recent developments and announcements

2023

The foundation's most recent IRS Form 990-PF filing is from 2023. The organization maintains an office at 30 South 17th Street, Floor 5, Philadelphia, PA 19103.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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