Roberts Foundation
Roberts Foundation is a private, nonprofit charitable foundation headquartered in San Mateo, California. It is structured as a 501(c)(3) organization and designated for religious, educational, charitable, scientific, literary, and public safety purposes. As of the 2023 tax year, the organization reported over $398 million in assets and made $46 million in annual distributions. Its board is led by George R. Roberts (President), with several Roberts family members serving as vice presidents and Sue P. Doell as Secretary/Treasurer. Grants appear to support diverse charitable causes, with activities focused primarily in the United States.
Investment Strategy
The Roberts Foundation manages assets for charitable distribution, focusing on making significant grants to qualified nonprofit organizations. The fund's approach centers around philanthropic giving, primarily through an invitation-only grant process. Investments are likely designed to preserve and grow capital to sustain annual charitable distributions, leveraging a mix of equity and fixed income positions as part of its strategy to fund its mission-driven grantmaking.
Top Holdings
Equity Positions (2)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
P PG | PROCTER AND GAMBLE CO | 96.53% | $33.7M | 211,380 | $167.67 | $159.32 | -$5.8M |
B BTSG | BRIGHTSPRING HEALTH SVCS INC | 3.47% | $1.2M | 51,364 | $23.59 | $23.59 | +$1.2M |