The Robin Hood 2022 annual report is all about innovation; see how Robin Hood is continuing to partner across the public, private, and nonprofit sectors to drive and scale new poverty-fighting solutions.
1
2022 ANNUAL REPORT
2
1
LETTER FROM THE CEO
Dear Friends, Thank you for always being there for Robin Hood and for New Yorkers in need.
Robin Hood is New York City’s largest poverty-fighting philanthropic organization. Last year, Robin Hood enabled nearly 300 community partners to meet critical needs and create pathways to opportunities out of poverty for New Yorkers across all five boroughs. Through our strategic partnerships on child care, child poverty, jobs opportunities, and living wages, we are catalyzing impact at scale for the more than 1.4 million New Yorkers living in poverty. At Robin Hood, we believe your starting point in life should not define where you end up.
In 2022, your generosity made it possible for Robin Hood to invest $132.2 million in nearly 300 organizations supporting New Yorkers across all five boroughs. Every dollar we invested in our New York neighbors came from you and your fellow donors. Your generosity enabled Robin Hood to realize real impact in the fight against poverty. Together we’re changing lives. Because of you, our targeted, evidence-based grantmaking enabled 15,000 elementary students to improve their reading scores; doubled the graduation rates for 14,000 CUNY students; secured job placements for 3,856 New Yorkers with starting salaries ranging from $19.60 to $40.00 per hour; helped 6,500 New Yorkers avoid eviction; and delivered 44 million pounds of food to 168,000 of our neighbors. Your support made it possible for us to forge new partnerships with New York City government, like our $100 million Child Care Quality & Innovation Initiative, which will help get New Yorkers back to work by creating new options for families who lack access to affordable, safe, and quality child care. We have accomplished much together. But there is still more to do. Nearly one out of every two New Yorkers either lives in poverty or is one missed paycheck or unexpected crisis away from the brink. Poverty in New York City remains persistent and pervasive. We can do better. We must do better. In February, our annual Poverty Tracker Report revealed that poverty was on the decline in New York City. This decline was driven by temporary programs designed to stabilize families during the pandemic. But now, these critical and effective supports that elevated so many New Yorkers out of poverty are expiring. We can’t let our great city revert to a status quo that left too many New Yorkers behind. Your collective generosity gave hundreds of thousands of New Yorkers hope for the future during a time of profound suffering. Now is the time to keep moving forward. We have an opportunity to shape a new future for New York, one steeped in opportunity and the promise of a City that works for all. Your continued support of Robin Hood will help make all the difference. 2023 marks Robin’s Hood’s 35th birthday. Our mission remains as clear and critical as ever: to permanently elevate New Yorkers out of poverty — and to make sure every New Yorker has a fair shot. Together, we can and will make this a year to remember in the fight against poverty in New York City. Here, we present our Annual Report documenting our impact in 2022 — and we invite you to join us in building a city of opportunity and inclusion for all New Yorkers. Thank you for being Robin Hood!
Rich R. Buery, Jr. CEO, Robin Hood
YOUR GENEROSITY
2
3
YOUR GENEROSITY
INVESTED THANKS TO YOUR GENEROSITY IN 2022, ROBIN HOOD $132.2 MILLION in nearly 300 ORGANIZATIONS IN NEW YORK CITY.
CUNY
$3.1 MILLION in tutoring efforts serving over 3,500 STUDENTS across 117 SCHOOLS. INVESTED
FUNDED
CUNY college programs that served 14,000 YOUNG ADULTS and helped DOUBLE GRADUATION RATES.
FUNDED
STRENGTHENED
ENABLED
effective training programs that placed 3,856 NEW YORKERS into high-paying growth-sector jobs.
INVESTMENTS IN CHILD CARE ,
more than 6,500 FAMILIES to avoid evictions by
FUNDED
organizations that built and preserved more than 800 UNITS of affordable and supportive housing.
working closely with advocates and policymakers to help secure over $3 BILLION in additional state funds for New York City’s child care system and launching the $100 MILLION CHILD CARE QUALITY & INNOVATION INITIATIVE with the City of New York to increase access to affordable care.
FUNDED
funding programs that provide LEGAL AND COMMUNITY ASSISTANCE.
depression screenings for 6,180 MOTHERS
FUNDED
and developmental delay screenings for nearly 5 ,000 Infants, toddlers, and children.
emergency food partners that distributed over 44 MILLION pounds of food to 168,000 NEW YORKERS facing food insecurity.
BUILT FOR THIS
5
4 ROBIN HOOD PUTS YOUR DOLLARS TO WORK YOUR IMPACT Here’s how we invested in the most impactful poverty-fighting strategies in 2022.
Strategic anchors guiding our work. WE ARE BUILT FOR THIS
$38.4 MILLION*
EDUCATION
$20.6 MILLION**
EARLY CHILDHOOD
BUILD STRONGER ORGANIZATIONS
$15.8 MILLION
MAKE SMART BETS In 2022, we invested $132.2 million in nearly 300 of the most impactful poverty-fighting nonprofits across NYC.
YOUNG ADULTS
$14.1 MILLION
BENEFITS ACCESS
We support and strengthen our partners in everything from board recruitment and fundraising to leadership development.
$12.7 MILLION***
POLICY & RESEARCH
$10.1 MILLION
WORKFORCE DEVELOPMENT
$9.7 MILLION
HOUSING & HOMELESSNESS
CAPACITY- BUILDING & DATA $4.9 MILLION****
$2.9 MILLION
HEALTH
HUNGER $1.6 MILLION
IMMIGRATION $0.6 MILLION BLUE RIDGE LABS $0.6 MILLION
ADVOCATE We advocate for smart policy changes that scale the impact of our work in the communities we serve.
FOLLOW THE DATA We leverage data to
$0.2 MILLION COVID-19 RELIEF
identify, evaluate, and scale the most impactful programs.
Total Investments $132.2 MILLION
*Includes High Quality Schools Fund and Learning + Technology **Includes Fund for Early Learning ***Includes Poverty Tracker ****Includes Management Assistance and Capital
TO LEARN MORE, VISIT ROBINHOOD.ORG
HEROES BREAKFAST We hosted our 33rd Annual Heroes Breakfast to honor three of our community partners — Avenues for Justice, DREAM, and Future Now — through the stories of three remarkable New Yorkers: Elsie Flores, Zouberou Sayibou, and Jasmine Mille. These impressive individuals stand as reminders that one’s starting point in life should not define where you end up. That’s why we fund, support, and connect community organizations that give every New Yorker a fair shot at permanently escaping from poverty.
6 EVENTS
7
2022 SIGNATURE EVENTS
ANNUAL BENEFIT We returned to our usual spring slot to host our annual Benefit at the Javits Center on Monday, May 9, 2022. Guests heard comedy from John Mulaney, musical performances from Charlie Puth and John Legend, and stories from community members like Courtney and Malik, as well as other incredible individuals who contributed to an epic evening. That night, Robin Hood raised a total of $126 million in the fight against poverty in New York City. In partnership with the Mayor’s Fund to Advance New York City, we launched our signature Child Care Quality & Innovation Initiative for NYC — a fund of private and public dollars to increase the quality, access, and affordability of child care city-wide.
INVESTORS CONFERENCE Robin Hood was back in person for the 10th Annual J.P. Morgan x Robin Hood Investors Conference. We brought together leaders — including David Einhorn, Joyce Meng, William Heard, and Paul Tudor Jones II — representing the business, private funder investment, academic, and policy sectors (among others) to share actionable market insights and network over lunch. We look forward to being back at Spring Studios in October of 2023.
CHILD CARE QUALITY & INNOVATION INITIATIVE
9
8 NYC’S COMEBACK CHILD CARE QUALITY & INNOVATION INITIATIVE
THE MOST IMPACTFUL POVERTY-FIGHTING INVESTMENT WE CAN MAKE STARTS AT INFANCY. That’s why Robin Hood is focused on addressing this challenge at scale .
In 2022, Robin Hood and the City of New York announced the Child Care Quality & Innovation Initiative, a $100 million public-private partnership to make high-quality, affordable child care more accessible to New York City families living in poverty. Research shows that the most impactful poverty-fighting investment we can make starts in infancy, providing returns to society that far outweigh the costs. But since the start of the pandemic, NYC’s child care landscape has been severely disrupted:
$1 INVESTMENT IN EARLY CHILDHOOD = $9 BENEFIT TO SOCIETY
There is only ONE open child care slot for every FIVE INFANTS in NYC
ONE IN FOUR parents have had to turn down a job, change jobs, or take leave due to child care needs
52% OF NYC FAMILIES cannot afford child care
HIGH-QUALITY, AFFORDABLE CHILD CARE:
RAISES
INCREASES EMPLOYMENT RATES FOR MOTHERS WITHOUT COLLEGE DEGREES BY 31%
HIGH SCHOOL GRADUATION RATES BY 11% IMPACTING LIFETIME EARNINGS BY 33%
Investing in New York City’s child care system will help reduce poverty, improve family economic stability, ensure healthy child development, and increase the ability of parents and caregivers — especially women — to work and earn more.
11
10 ENGAGE WITH ROBIN HOOD YOUR OPPORTUNITY
GIVE TO ROBIN HOOD
100% of your donation goes directly to our poverty-fighting work.
Join. Give. Volunteer.
CELEBRATE AT OUR ANNUAL BENEFIT Join us at the Javits Center in May 2023 for an unforgettable evening to celebrate New York City — and Robin Hood’s 35th birthday! CELEBRATE A MILESTONE Commemorate birthdays, weddings, and other special occasions by inviting friends and family to give to Robin Hood in lieu of gifts. GIVE 100% will go directly to organizations serving New Yorkers in need. JOIN A BOARD Help boost the organizational capacity of a frontline poverty-fighting organization. We’ll match you with and place you on the board of one of our community partners, carefully aligning your expertise with their needs. JOIN THE FOREST Network, volunteer, and socialize with other inspired young professionals who are partners in Robin Hood’s poverty-fighting mission.
MAKE A PLANNED GIFT Become a member of the Archer Legacy Society and ensure Robin Hood remains NYC’s largest poverty-fighting organization to help future New Yorkers. MATCH YOUR GIFT Double your impact with an employer match for your charitable gift. Ask your human resources department if your company offers a match, and invite others to request a corporate match, too. OPEN A DONOR ADVISED FUND (DAF) AT ROBIN HOOD DAFs are low-cost, tax-efficient tools for philanthropic giving. Robin Hood DAFs offer the lowest fees available as well as flexible investment terms to help you grow your charitable dollars. TEACH YOUR CHILDREN From Lemonaid stands for school-aged philanthropists to Camp Robin Hood and Fellows for teens, Robin Hood’s family philanthropy programs instill the joy of giving in big-hearted New Yorkers of all ages.
$2,000 provides an elementary school with access to one year of digital literacy curriculum. $500 allows 10 people to be screened for benefits like Medicaid, SNAP, and transportation assistance.
$1,000 provides job placement services for one formerly incarcerated New Yorker.
$5,000 provides a year of intensive, one-on-one counseling for a low-income high school student — increasing their chances of graduating, enrolling in college, and building a promising career.
$10,000 enables 55 street homeless and formerly homeless individuals with serious mental illness to receive ongoing psychiatric care.
$25,000 provides 270 low-income renters with emergency repairs, enabling families to remain in their homes.
$50,000 enables food pantries
to distribute over 250,000 meals.
WHAT’S THE DIFFERENCE YOU’LL MAKE THIS YEAR? SCAN TO GIVE NOW:
To get started, contact Karla España (espana@robinhood.org).
LEARN MORE AT ROBINHOOD.ORG
12 AN INVESTMENT IN ROBIN HOOD IS AN INVESTMENT IN NEW YORK CITY OUR COMMUNITY
13
CommonLit Communifi Communities Resist Community Action for Safe Apartments Community and Economic Development Association of Cook County Community Service Society of New York Comprehensive Youth Development Computer Science for All Coney Island Prep Consortium for Policy Research in Education Cooper Union for the Advancement of Science and Art Cornell Tech Corporation for Supportive Housing Covenant House New York CUNY Internship to Employment CUNY Micropathways Initiative CUNY Office of Academic Affairs Cypress Hills Child Care Corporation Cypress Hills Local Development Corporation Day Care Council of New York Day One New York, Inc. Democracy Prep Public Schools Docs for Tots DREAM Duke University Eagle Academy Foundation Early Care and Learning Council East Harlem Tutorial Program East Side House Settlement Echoing Green Edith and Carl Marks Jewish Community House of Bensonhurst Education Development Center
Educators for Excellence EL Education ELiTE Education Enterprise Community Partners Envision Freedom Fund Exalt Youth ExpandED Schools Fair Housing Justice Center Families and Workers Fund Family Independence Initiative FamilyCook Community Table FDNY Foundation Fifth Avenue Committee finEQUITY Food Bank for New York City Forestdale Fortune Society Friendship Circle of Brooklyn Full Circle Life Enrichment Center Fund for Public Health in New York Fund for Public Schools Future Now at Bronx Community College Generation USA Getting Out and Staying Out GO Project Goddard Riverside Community Center Good Nation Foundation Good Shepherd Services Grand Street Settlement Grow Brooklyn GrowNYC Harlem Children’s Zone HealthySteps at Montefiore Medical Center Heat Seek Hebrew Free Loan Society Henry Street Settlement Her Justice Inc. Her Village Inc Herbert H. Lehman College Foundation Hetrick-Martin Institute Hispanic Information and
Telecommunications Network, Inc. Homes for the Homeless Hour Children, Inc.
14 COMMUNITY PARTNERS
15
Housing Justice for All Housing Rights Initiative Hudson Link for Higher Education in Prison Hunger Free America Hunts Point Alliance for Children Icahn School of Medicine at Mount Sinai iMentor Immigrant Children Advocates’ Relief Effort (ICARE) Immigrant Justice Corps Immigration Research Initiative ImmSchools IMPACCT Brooklyn Institute for Child Success Jericho Project JobsFirst NYC John Jay College Foundation JustFix Karen’s Club KindWork Kingsbridge Heights Community Center KIPP NYC Korean Community Services of Metropolitan New York LaGuardia Community College Lawyers For Children Leap Fund Legal Aid Society Legal Services NYC Lexington School for the Deaf Life of Hope Literacy Inc Literacy Partners, Inc. Little Sisters of the Assumption Family Health Service Lutheran Social Services of New York Make the Road New York
1199SEIU Home Care Industry Education Fund 50-State Campaign for Achievement Now A Better Balance ACE Program at The City University of New York Achievement First Acumen America Adelphi University Institute for Parenting Advocates for Children African Communities Together Aid for AIDS AIRnyc Ali Forney Center All Our Kin Amber Education Fund America on Tech Anthos Home, Inc. Arab-American Family Support Center Ariva Ascend Learning Ascendus Asiyah Women’s Center Association for Neighborhood and Housing Development Association to Benefit Children Astor Services for Children and Families Asylum Seeker Advocacy Project Autism Speaks Avenues for Justice Bangladeshi American Community Development and Youth Services Barbershop Books, Inc. Beam Center Bedford Stuyvesant
Restoration Corporation Benefits Data Trust Betances Health Center Bipartisan Policy Center Black Economic Alliance Foundation Borough of Manhattan Community College Bottom Line Bowery Residents’ Committee
Center for New York City Affairs at the New School Center for Urban Community Services Center for Urban Families Center on Budget and Policy Priorities Chances for Children - NY Chapin Hall Center for Children Charles B. Wang Community Health Center, Inc. Chhaya Community Development Corporation Child Development Support Corp. Child Mind Institute Children of Promise, NYC Children’s Aid Children’s Defense Fund Children’s Health Fund Children’s Museum of Manhattan Chinese American Planning Council Citizens Housing and Planning Council of New York, Inc. Citizens’ Committee for Children of New York City Harvest City Year New York Clarke School for the Deaf Coalition for the Homeless College Advising Corps CollegeBound Initiative Columbia University Population Research Center Commission on Economic Opportunity Committee for Hispanic Children and Families
Breaking Ground Bronx Defenders Bronx Health Collective BronxWorks
Brookings Institution Brooklyn Community Housing & Services, Inc. Brooklyn Legal Services Brooklyn Navy Yard Development Corporation Brooklyn Public Library Brooklyn Workforce Innovations Brownsville Partnership Building Skills NY CAMBA Cambiar Education CareerWise New York Caribbean Women’s Health Association, Inc. Carroll Gardens Association Catholic Charities Community Services, Archdiocese of New York Center for Alternative Sentencing and Employment Services (CASES) Center for an Urban Future Center for Employment Opportunities Center for Family Life in SunsetPark Center for Justice Innovation
16
17
Masa-MexEd, Inc Mayor’s Fund to Advance New York City MDRC Mental Health Association of New York City Metropolitan Council on Jewish Poverty MinKwon Center for Community Action Mixteca Organization, Inc. Morgan Stanley Children’s Hospital of NewYork-Presbyterian National Employment Law Project National Low Income Housing Coalition National Society for Hebrew Day Schools New Economy Project New Settlement Apartments New Visions for Public Schools New York City Charter School Center New York City College of Technology New York City Employment & Training Coalition New York City Health + Hospitals New York Common Pantry New York Council on Adoptable Children New York Disaster Interfaith Services New York Hall of Science New York Housing Conference New York Legal Assistance Group New York Public Library New York University School of Medicine Department of Population Health New Yorkers For Children New York-Presbyterian Nonprofit New York
Non-Profit Quarterly Nontraditional Employment For Women North Brooklyn Coalition Against Family Violence Northern Manhattan Improvement Corporation Northside Center for Child Development NPower NYC Fund to End Youth and Family Homelessness
Public Health Solutions Public Policy & Education Fund of New York Pursuit Queens Borough Public Library Queens Community House Queensborough Community College RAND Corporation Rebuilding Together NYC Red Hook Initiative Relay Graduate School of Education Relume Foundation Inc Research Foundation of CUNY RESULTS Education Fund Richmond Community Foundation Richmond University Medical Center Right to Counsel NYC Coalition River Fund Rose F. Kennedy Children’s Evaluation and Rehabilitation Center at Montefiore Medical Center Safe Families for Children Safe Horizon Sanar Institute Sanctuary for Families Schuyler Center for Analysis and Advocacy SCO Family of Services Sheltering Arms SOMOS Mayfair Sponsors for Educational Opportunity St. John’s Bread & Life Program St. Nicks Alliance Stanford Immigration Policy Lab Stanford University Center on Early Childhood Staten Island Community Job Center d.b.a. La Colmena
Stella and Charles Guttman Community College STRIVE Success Academy Charter Schools Sunset Park Health Council Supportive Housing Network of New York Swipe Out Hunger Tacombi Foundation, Inc Teach for America New York Teaching Lab Teaching Matters Terra Firma The Advocacy Institute The Brave House The Campaign Against Hunger The Center for New York City Neighborhoods, Inc. The Century Foundation NYC The Child Center of New York The Children’s Agenda The City University of New York The College Investment Project The Door The Education Trust - New York The Family Center The Gambian Youth Organization The HOPE Program The Institute for College Access & Success The Institute for Family Health The Knowledge House The Leadership Academy The New York City Acquisitio Fund LLC The New York Community Trust The New York Society for the Prevention of Cruelty to Children The Partnership for Inner-City Education The Urban Assembly TNTP
Touchdown NYC Uncommon Schools University of Michigan University Settlement Society UnLocal, Inc. Unlock NYC Unlocked Labs Upsolve Upwardly Global Urban Assembly School for Law & Justice, Adams Street Foundation Urban Homesteading Assistance Board Urban Institute Urban Justice Center Urban Pathways, Inc. Urban Upbound Visiting Nurse Service of New York VOCAL-NY West Side Campaign Against Hunger WeTeach CS Wharton School - University of Pennsylvania Wiggle Room Women in Need, Inc Women’s Housing and Economic Development Corp. (WHEDCO) Word of Life International, Inc. Worker’s Justice Project Yale University Year Up Young Community Developers Youth Research Inc Zero to Three
NYC Love Kitchen NYC Muslim Center
NYC Office of Talent and Workforce Development NYU Furman Center on Real Estate and Urban Policy NYU Steinhardt School of Culture, Education and Human Development Office of Community and Population Health at Montefiore Medical Center Office of Early Childhood Initiatives - CUNY One Brooklyn Health System One Fair Wage OneGoal Opportunities for a Better Tomorrow Paraprofessional Healthcare Institute Part Of The Solution Partnership with Children Per Scholas Phipps Community Development Corporation PowerMyLearning Primary Care Development Corporation Project Basta Project Hospitality
Zeta Charter Schools Zigler Center at Yale
Project Renewal Project Tomorrow Promise Project
19
GOVERNANCE
18
BOARD OF DIRECTORS Dina Powell McCormick, Chair Lee S. Ainslie III Jacklyn Bezos Victoria B. Bjorklund, Esq. Angela Glover Blackwell Jeff T. Blau
EMERITUS BOARD Lloyd Blankfein Tom Brokaw Richard Chilton Steven A. Cohen Stan Druckenmiller Laurence D. Fink Marie-Josée Kravis Philippe Laffont Ken Langone Mary McCormick Doug Morris Lachlan Murdoch Gwyneth Paltrow Diane Sawyer
LEADERSHIP COUNCIL Kristin Lemkau, Co-Chair Eli Manning, Co-Chair Purnima Puri, Co-Chair Mark Bezos Carolyn Tisch Blodgett
Neil Blumenthal Anthony Bozza Elissa Doyle Ben Famiglietti Scott Ferguson Jennifer Grubman Allan Houston Rachel Jacobellis Nancy Jarecki Derek Kaufman John Khoury Alex Klabin Matthew Knauer Philip Krim Chris Licht DeRay Mckesson Serena Park Tony Pasquariello Stephanie Ruhle
Scott Bommer Peter F. Borish Geoffrey Canada
Cecily Carson Michael Chae Anne Dinning Glenn Dubin Marian Wright Edelman David Einhorn Mary Callahan Erdoes Roland Fryer
Jes Staley Max Stone
Jann Wenner Brian Williams Dirk Ziff Jeff Zucker FOUNDING LEADERSHIP COUNCIL
John A. Griffin Doug Haynes
Kaya Henderson Jeffrey R. Immelt Paul Tudor Jones II, Founder Peter D. Kiernan III John King Jr. Monte Lipman Craig Nevill-Manning Michael Novogratz
Tony Anagnostakis Clifford S. Asness Atiim “Tiki” Barber Cecily Carson John D. Clark Anthony Davis Anne Dinning John DiRocco David Einhorn Danielle Ganek Julius Gaudio Jonathan Harris Nancy Jarecki Peter Muller Antonio “LA” Reid Max Stone Daniel B. Zwirn
Justin Sadrian Jabali Sawicki Allen Thorpe Justin Tuck Robert Wolf Jeff Zalaznick
Daniel S. Och Alexis Ohanian John Overdeck Robert Pittman David Puth Larry Robbins David Saltzman Alan D. Schwartz David M. Solomon Barry Sternlicht Steve Stoute John Sykes David Tepper Marta Tienda Kenneth G. Tropin
LEARNING + TECHNOLOGY ADVISORY BOARD John Overdeck, Co-Chair David Siegel, Co-Chair Laura Arrillaga-Andreessen Matt Dalio Michael Horn David Saltzman
THE POWER FUND ADVISORY BOARD Jennifer Ching Cecilia A. Conrad
Cheryl Dorsey Kriste Dragon Vanita Gupta
ROBIN HOOD LEADERSHIP Richard R. Buery, Jr., Chief Executive Officer Emary Aronson, Chief Knowledge Officer & Senior Advisor to the CEO Lindsay Carroll, Head of Marketing and Events Jason Cone, Chief Public Policy Officer Matthew Klein, Chief Program & Impact Officer
Shawn Lytle Marc Morial Khalil Muhammad Soledad O’Brien
Sarah Oltmans, Chief of Grant Strategy Joanna Pressman, General Counsel Stephanie Royal, Chief of People and Culture Kevin Thompson, Managing Director of Communications Carolyn Vine, Chief Development Officer
Darren Walker Sheena Wright
All revenue and expense numbers reported herein are based on Robin Hood’s 2022 Unaudited Financial Report. A copy of our 2022 Audited Financial Report, along with our 2022 Form 990, will be available on our website at www.robinhood.org.
20
facebook.com/robinhood
@RobinHoodNYC
robinhoodnyc
Page 1 Page 2-3 Page 4-5 Page 6-7 Page 8-9 Page 10-11 Page 12-13 Page 14-15 Page 16-17 Page 18-19 Page 20-21 Page 22Made with FlippingBook Online newsletter maker