The Suzanne Roberts Cultural Development
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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
119 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN L ROBERTS | TRUSTEE | 1 | — |
| SHELDON M BONOVITZ | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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