| FORM 990, PART III, LINE 1 |
Organizations Mission ROCKEFELLER PHILANTHROPY ADVISORS (RPA) AIMS TO HELP DONORS CREATE THOUGHTFUL, EFFECTIVE PHILANTHROPY THROUGHOUT THE WORLD. TO THIS END, RPA -DEVELOPS, AND MANAGES CHARITABLE PROGRAMS; - ADVISES DONORS REGARDING THE ARTICULATION AND IMPLEMENTATION OF CHARTIABLE PROGRAMMING; - CONDUCTS RESEARCH AND PROVIDES GUIDANCE ON CHARITABLE GIVING AND PHILANTHROPY; - OFFERS PROGRAMMATIC, ADMINISTRATIVE AND GRANT-MAKING SUPPORT TO DONORS, ASSISTING INDIVIDUALS, INSTITUTIONS, GOVERNMENT AGENCIES AND GROUPS IN ACHIEVING THEIR PHILANTROPIC GOALS; - SERVES AS A THOUGHT-LEADER IN THE PHILANTHROPIC COMMUNITY, AUTHORING PUBLICATIONS AND CONVENING EXPERTS TO DISCUSS CURRENT TOPICS IN PHILANTHROPY AND STRENGTHEN THE SECTOR. CURRENTLY, RPA WORKS WITH MORE THAN 650 DONORS, FACILITATING APPROXIMATELY $200 MILLION IN GRANTS AND SOCIAL INVESTMENTS TO MORE THAN 50 COuntries. |
| FORM 990, PART III, LINE 2 |
New Program Service Activity In 2017, RPA approved a new initiative called The Art For Justice Fund. The Art For Justice Fund is a five-year initiative that aims to turn art into action, investing more than $100 million into strategic efforts to reform the criminal justice system. Our unique approach is to use funds from art sales and other contributions to fuel policy reform and arts-related initiatives that put a human face on the problem of mass incarceration. The Ford Foundation has partnered with RPA to manage the grantmaking of the fund. |
| FORM 990, PART III, LINE 4a (continued) |
Sponsored Projects - Offers research, analysis, grant-making and evaluation services. - Institutes project governance structures that engage key external advisors, funders and others as appropriate. |
| FORM 990, PART VI, SECTION A, LINE 2 |
Family Relationships Michael Rockefeller and Peter Rockefeller have a family relationship. Steven Wayne and Valerie Rockefeller Wayne have a family relationship. Part VI, Section B - Question 11B Process Used to Review Form 990 RPA hires an independent accounting firm to prepare and review the organization's form 990 based on information provided by RPA's accounting staff. A copy of the FORM 990 IS DISTRIBUTED TO THE organization's AUDIT COMMITTEE FOR REVIEW prior TO FILING with the IRS. A copy of the Form 990 is distributed to the full board of directors once the audit committee has approved it for filing. |
| PART VI, SECTION B - QUESTION 12C |
Monitoring & Enforcement: Conflict of Interest Policy THE SECRETARY OF RPA ANNUALLY CIRCULATES A DISCLOSURE FORM FOR DIRECTORS AND STAFF TO LIST ORGANIZATIONS IN WHICH they OR THEIR SPOUSES OR CHILDREN PLAY A fiduciary OR LEADING ROLE. IN ADDITION, DIRECTORS AND STAFF WILL LIST THOSE ORGANIZATIONS IN WHICH THEY, A SPOUSE OR A CHILD HOLD A SIGNIFICANT FINANCIAL INTEREST AND WHICH HAVE A BUSINESS RELATIONSHIP WITH RPA. ON THE SAME FORM, DIRECTORS AND STAFF ACKNOWLEDGE THAT THEY UNDERSTAND AND ADHERE TO RPA'S CONFLICT OF INTEREST POLICY AND PROCEDURE. DIRECTORS AND STAFF WILL INFORM THE SECRETARY OF RPA OF ANY CHANGES OR NEW RELATIONSHIPS. IF A POTENTIAL CONFLICT EXISTS, INVOLVED PARTIES WILL DISCLOSE THE POTENTIAL CONFLICT AND EXCUSE THEMSELVES FROM DISCUSSION OR ANY VOTE RELATED TO THE MATTER. |
| PART VI, SECTION B - QUESTIONS 15A & 15B |
Process for determining compensation RPA IS COMMITTED TO RECRUITING, RETAINING, AND MOTIVATING HIGHLY QUALIFIED AND HIGH-PERFORMING STAFF, AND PROVIDING A MARKET COMPETITIVE COMPENSATION AND BENEFITS PACKAGE, LINKED TO THE SUCCESS OF THE INDIVIDUAL, THE ORGANIZATION AND ITS MISSION-DRIVEN OUTCOMES. RPA PRIMARILY COMPARES ITS COMPENSATION TO THE LARGER FOUNDATIONS IN THE NEW YORK CITY REGION AS WELL AS TO SMALL TO MID-SIZE CONSULTING ORGANIZATIONS NATIONWIDE, WHILE ALSO MONITORING PRACTICES AND TRENDS IN THE BROADER NONPROFIT AND GENERAL EMPLOYMENT MARKETS. RPA IS COMMITTED TO BOTH EXTERNAL COMPETITIVENESS AND INTERNAL EQUITY FOR ITS COMPENSATION PROGRAM PRACTICES. RPA'S PERFORMANCE AND COMPENSATION PLANS, INCLUDING BUDGETS, ARE APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. PERFORMANCE REVIEW AND COMPENSATION DECISIONS AT RPA ARE MADE ON THE BASIS OF A BOARD-APPROVED PERFORMANCE APPRAISAL FORM, WHICH ESTABLISHES PERFORMANCE STANDARDs AND IMPORTANT VALUES THAT ARE EXPECTED OF ALL EMPLOYEES. AT THE BEGINNING OF EACH CALENDAR YEAR, EACH RPA EMPLOYEE DEVELOPS A PERFORMANCE PLAN THAT HIS/HER SUPERVISOR AND THE PRESIDENT OF RPA MUST APPROVE. ELIGIBLE EMPLOYEES ALSO ESTABLISH SPECIFIC GOALS FOR INCENTIVE COMPENSATION (BONUS) PAYMENTS. AT THE END OF THE CALENDAR YEAR, AN EMPLOYEE AND HIS/HER SUPERVISOR REVIEW HOW THE EMPLOYEE HAS PERFORMED AGAINST THIS PLAN AND THE PERFORMANCE STANDARDS. SUPERVISORS COMPLETE THE PERFORMANCE APPRAISAL FORM IN WRITING, AND RECOMMEND SALARY INCREASES (AS WELL AS INCENTIVE PAYMENTS FOR ELIGIBLE EMPLOYEES) BASED ON PERFORMANCE. BOTH SUPERVISOR AND EMPLOYEE MUST SIGN THE PERFORMANCE APPRAISAL FORM. SALARY ADJUSTMENTS AND BONUS PAYMENTS MUST BE APPROVED BY THE PRESIDENT OF RPA. Rockefeller Philanthropy advisors, Inc. commissioned an executive compensation survey from an independent third-party compensation consultant in 2017. This benchmarking survey was used to bring RPA executives compensation up to market rates in the industry. |
| PART VI, SECTION C - QUESTION 19 |
Availability of documents to the public The organization makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion. |
| Form 990, Part IX, Line 24a |
Program Related Fees Program Related Fees are consulting expenses incurred by the Sponsored Projects. Consulting services include but are not limited to program design and implementation, research, communication, evaluation and organizational development. |
| Form 990, Part IX, Line 24d |
Grant Receivable Transition to Spin off Project Rockefeller Philanthropy Advisors recorded various pledges (in a prior calendar year) totaling $1,333,000 to fund one of its sponsored projects; in 2017, that sponsored project was spun-off from Rockefeller's portfolio and became independent. The pledges associated with the sponsored project, once fulfilled, will be received by the sponsored organization and not by Rockefeller. |
| Form 990, Part XI, line 9 |
Other Changes in Net Assets Pension related costs ($5,544) |
Attach to Form 990 or 990-EZ.