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Al Held Foundation Inc. is a private corporation based in BOICEVILLE, NY. The foundation received its IRS ruling in 1991. The principal officer is Foundation. It holds total assets of $10.7M. Annual income is reported at $1.9M. Total assets have grown from $8.9M in 2011 to $10.9M in 2023. The foundation is governed by 8 officers and trustees. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New York, California and Connecticut. According to available records, Al Held Foundation Inc. has made 41 grants totaling $443K, with a median grant of $5K. Annual giving has decreased from $153K in 2020 to $93K in 2023. Individual grants have ranged from $100 to $100K, with an average award of $11K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in New York, Illinois, Connecticut, which account for 85% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Al Held Foundation Inc. is fundamentally an artist-legacy steward, not a general-purpose grantmaker — its IRS-filed mission is 'cataloguing and maintaining the Al Held Art Collection and organizing, expanding, and refining the Held Archive.' Grantmaking is a secondary, mandatory-distribution activity layered on top of that core work: in FY2023 the Foundation spent $906,941 on archive/collection stewardship versus just $93,200 in third-party grants paid, and its reported $1.1M in total giving is dominated by internal program costs, not checks to outside nonprofits. This is critical context for applicants: cold outreach has almost no chance. Web research confirms the Foundation does not consider unsolicited grant requests, and the database record marks its giving preselected_only — grants flow through relationships the Held family and board already hold with specific institutions, curators, and the Hudson Valley community where the Foundation is based (Boiceville, NY, Town of Olive, Ulster County).
Two applicant profiles succeed here. First, national arts-infrastructure organizations connected to Held's legacy or the broader postwar American abstraction/modernist canon — United States Artists ($100,000, a single major gift), Studio in a School Association ($50,000 across 3 grants), AAMC Foundation, Skowhegan School of Painting and Sculpture, Bard College, Bennington College, and NYU's Grey Art Gallery. These recipients tend to have direct curatorial, board, or academic ties to Foundation leadership: Chairperson Peter Stevens, VP/curators Brooke Kamin Rapaport and Carter Foster, and Secretary Richard Armstrong (former Guggenheim director) sit within this exact professional network. Second, hyperlocal Ulster County/Hudson Valley organizations near the Foundation's Boiceville headquarters — Boiceville's Reservoir Food Pantry, Olive Fire Dept, Town of Olive — receive small, modest civic gifts reflecting the Foundation's physical presence there.
The anchor recurring relationship is River Valley Arts Collective, which received $130,000 across 4 grants (the largest cumulative recipient) and co-runs the annual River Valley Arts Collective + Al Held Foundation Fellowship at STONELEAF, an artist residency now several years running (2022 fellow Moko Fukuyama, 2023 fellow Devynn Emory). For an emerging visual artist, this fellowship — not a direct grant application to the Foundation — is the most realistic access point into its giving.
Actual third-party grants paid have ranged narrowly year to year: $93,200 (FY2023), $99,000 (FY2022), $97,450 (FY2021), $153,000 (FY2020, the recent high-water mark), and as low as $28,500 (FY2019). This is a small, steady grants budget relative to the Foundation's $10.9M asset base (FY2023) — total assets have hovered between $8.6M (2013) and $12.0M (2020) for over a decade, indicating a mature, stable endowment rather than a growing one. Officer compensation ($182,671 in FY2023, driven mainly by President Mara Held's roughly $143,000-$147,000 annual salary across recent years) consistently exceeds the grants budget, underscoring that the Foundation functions primarily as an archive-management operation with grantmaking as a secondary distribution requirement.
Across the full multi-year grantee dataset (41 grants, $442,650 total, average $10,796), the largest single gifts were episodic and relationship-driven rather than programmatic: River Valley Arts Collective ($130,000/4 grants), United States Artists ($100,000/1 grant), and Studio in a School Association ($50,000/3 grants) alone account for roughly 63% of all recorded grant dollars. Below that top tier, awards drop sharply: AAMC Foundation ($26,000/4 grants), Graduate Center Foundation-CUNY ($24,000/3), Brooklyn Rail ($20,000/4), and Bard College ($20,000/2) form a $15,000-$50,000 mid-tier, while a long tail — New York Foundation for the Arts, Steven Myron Holl Foundation, Aspen Institute, Bennington College, Grey Art Gallery — falls between $2,000 and $7,500. The most recent-year sample (per enrichment data) shows a tighter, more typical grant: median $5,000, average $9,745, range $450-$40,000 across 10 grants — suggesting the Foundation has moderated toward smaller, more numerous gifts in recent cycles rather than repeating a single $100K+ outlier.
Geographically, giving is overwhelmingly New York-concentrated: 31 of 41 grants (76%) went to NY-based recipients, reflecting the Foundation's Boiceville, NY base and Manhattan-centric arts-world board. California (4 grants), Connecticut (3, largely NXTHVN in New Haven), Vermont (2, Bennington College), and Illinois (1) round out the geography. By purpose, 100% of tracked grants are coded 'unrestricted charitable purposes' — the Foundation does not appear to fund restricted, project-specific programs, consistent with its informal, relationship-based giving style.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Al Held Foundation | $10.9M (FY2023) | $93K-$153K (3rd-party grants, FY19-23 range) | Modern art legacy/archive + local Hudson Valley community | Invited/preselected only |
| Pollock-Krasner Foundation | Not disclosed in search | $3.26M (2024-25 cycle, 107 grants) | Direct grants to individual visual artists worldwide | Open, rolling application |
| Adolph & Esther Gottlieb Foundation | Not disclosed in search | ~$1M/yr (20 Individual Support Grants at $25K + ~$500K emergency grants) | Individual painters, sculptors, printmakers with 20+ year careers | Open, annual cycle |
| Joan Mitchell Foundation | Not disclosed in search | ~$6.8M (recent year, per public reporting) | Fellowships and grants for painters and sculptors | Open for some programs; Fellowship is nomination-based |
Al Held Foundation is by far the smallest and least accessible of this artist-endowed peer set — its third-party grants budget is roughly 3%-5% the size of Pollock-Krasner's or Joan Mitchell's, and unlike every peer listed, it operates a closed, invitation-only model with no public application. Where peers like Pollock-Krasner and Gottlieb built dedicated infrastructure to solicit and screen individual-artist applications, Al Held Foundation directs the bulk of its resources inward to its own archive and collection, with outward giving flowing almost entirely through the personal and professional networks of its family leadership and curator/museum-director board.
The most recent confirmed activity is 'Epic Abstraction,' a solo exhibition of Al Held's early work (1959-1965) opening May 2, 2026 at James Fuentes Gallery in Los Angeles — described as Held's first solo LA presentation in five decades, running through June 18, 2026. In fall 2025, the Foundation's collection appeared in two concurrent shows: 'Singing in Unison, Part 12: Painting in Space' at ArtCake in Brooklyn (October 18-December 7, 2025) and 'Al Held: Constructing Abstraction' at David Klein Gallery in Ferndale, Michigan (October 17-December 6, 2025). Earlier in 2025, Held's work appeared in 'Shaping American Art: A Celebration of the League at 150' at the Art Students League of New York (May 29-August 17, 2025) and in 'Signals' at Galerie Mueller in Basel, Switzerland (April 4-June 28, 2025).
No board or leadership changes surfaced in this research window — Mara Held continues as President/Director, and the same slate appears across recent filings: Chairperson Peter Stevens, Secretary/VP Richard Armstrong, VPs Brooke Kamin Rapaport, Carter Foster, William Conlon, and Gabriel Held-Jakubowicz, and Treasurer Michael Hecht. The River Valley Arts Collective + Al Held Foundation Fellowship at STONELEAF remains the Foundation's signature ongoing grant relationship, having named Devynn Emory (2023) and Moko Fukuyama (2022) as fellows; no 2025 or 2026 fellow name surfaced in search results, so grant seekers should check directly with River Valley Arts Collective or STONELEAF for the current cycle's status.
Do not submit an unsolicited grant application to Al Held Foundation — public reporting and the Foundation's own guidance indicate it does not review unsolicited requests, and the database record confirms grants are preselected rather than competitively awarded. There is no public grant portal, no posted deadline, and no downloadable application form; treat this as a closed, relationship-driven funder, not a typical open RFP.
The realistic paths in are institutional and geographic, not a cold letter of inquiry. If your organization sits in the modern/postwar American art ecosystem — museum curatorial departments, university art programs, artist-archive projects, or peer artist-endowed foundations — build visibility through the same circles the Foundation's board already occupies: institutions tied to Carter Foster's and Richard Armstrong's museum careers, and curator networks tied to the Association of Art Museum Curators (AAMC Foundation is a repeat grantee). A co-curated exhibition, loan request, or scholarly project tied to Held's catalogue and archive work is a more natural entry point than a direct grant ask.
If you run an emerging-artist residency or fellowship program, the clearest access point is a co-programming relationship modeled on the River Valley Arts Collective + STONELEAF fellowship — propose a joint fellowship, exhibition, or archive-access partnership rather than requesting general operating support.
If you are a Hudson Valley/Ulster County civic or community organization near Boiceville (food pantries, volunteer fire departments, local municipalities), the Foundation has a demonstrated pattern of modest, direct local giving ($100-$15,000) — a brief, personal letter referencing the Foundation's presence in the Town of Olive is more appropriate than a formal grant proposal.
Common mistakes to avoid: treating this like a program-restricted funder (100% of tracked grants are coded 'unrestricted charitable purposes,' so proposals with heavy project-budget detail are likely mismatched to how the Foundation actually gives); assuming the $10.9M asset size implies a large grants budget (actual third-party grants have run $28,500-$153,000/year, well under 2% of assets in most years); and reaching out cold to the general foundation phone or address rather than through a board member's existing institutional relationship — nearly every grantee in the data has a plausible curatorial or academic tie to a current director.
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Smallest Grant
$450
Median Grant
$5K
Average Grant
$10K
Largest Grant
$40K
Based on 10 grants from the most recent 990-PF filing.
> cataloguing and maintaining the al held art collection and organizing, expanding, and refining the held archive and research materials for public and scholarly research and exhibition.
Expenses: $907K
> with assistance and loans from the foundation's art collection the foundation participated in the following group and solo exhibitions during 2020:specific forms, loretta howard gallery, new york, january 23 march 7, 2020al held: watercolors, david klein gallery, birmingham, michigan, june 20 august 22, 2020al held: the sixties, white cube bermondsely, london, uk, december 3, 2020 to february 27, 2021
Expenses: $677
> the following is a listing of the on-site educational programs held during 2020:onteora high school, ap art students, exhibit work in drawing studio with reception, february 27, 2020hands-on workshop led by gene benson, with suny new paltz painting class, february 5, 2020laura kaufman: tension bridge, exhibition at the al held foundation, organized by river valley arts collective, august 30 october 18, 2020-public tours august 30, september 20, october 6, and october 12-public basket making workshop, october 14the following is a listing of the virtual educational programs held during 2020 in response to the coronavirus pandemic:daniel belasco, lecture for t space architectural virtual residency, via zoom, july 9, 2020daniel belasco, virtual tour, via zoom, to three suny new paltz classes, november 6, 2020daniel belasco, virtual tour, via zoom, to one bard class, december 1, 2020
Actual third-party grants paid have ranged narrowly year to year: $93,200 (FY2023), $99,000 (FY2022), $97,450 (FY2021), $153,000 (FY2020, the recent high-water mark), and as low as $28,500 (FY2019). This is a small, steady grants budget relative to the Foundation's $10.9M asset base (FY2023) — total assets have hovered between $8.6M (2013) and $12.0M (2020) for over a decade, indicating a mature, stable endowment rather than a growing one. Officer compensation ($182,671 in FY2023, driven mainly .
Al Held Foundation Inc. has distributed a total of $443K across 41 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $100 to $100K.
Al Held Foundation Inc. is fundamentally an artist-legacy steward, not a general-purpose grantmaker — its IRS-filed mission is 'cataloguing and maintaining the Al Held Art Collection and organizing, expanding, and refining the Held Archive.' Grantmaking is a secondary, mandatory-distribution activity layered on top of that core work: in FY2023 the Foundation spent $906,941 on archive/collection stewardship versus just $93,200 in third-party grants paid, and its reported $1.1M in total giving is .
Al Held Foundation Inc. is headquartered in BOICEVILLE, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mara Held | PRESIDENT/DIRECTOR | $147K | $6K | $153K |
| Gabriel Held-Jakubowicz | VICE PRESIDENT/DIRECTOR | $5K | $0 | $5K |
| Richard Armstrong | SECRETARY/VICE PRESIDENT/DIRECTOR | $5K | $0 | $5K |
| Peter Stevens | CHAIRPERSON/DIRECTOR | $5K | $0 | $5K |
| Carter Foster | VICE PRESIDENT/DIRECTOR | $5K | $0 | $5K |
| William Conlon | VICE PRESIDENT/DIRECTOR | $5K | $0 | $5K |
| Brooke Kamin Rapaport | VICE PRESIDENT/DIRECTOR | $5K | $0 | $5K |
| Michael Hecht | TREASURER/VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$10.9M
Fair Market Value
$53.6M
Net Worth
$10.9M
Grants Paid
$93K
Contributions
N/A
Net Investment Income
$982K
Distribution Amount
$268K
Total: $3.7M
Total Grants
41
Total Giving
$443K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| River Valley Arts Collective IncUNRESTRICTED CHARITABLE PURPOSES | Katonah, NY | $40K | 2023 |
| Steven Myron Holl Foundation IncUNRESTRICTED CHARITABLE PURPOSES | New York, NY | $2K | 2021 |
| Skowhegan School Of Painting And Sculpture IncUNRESTRICTED CHARITABLE PURPOSES | New York, NY | $10K | 2023 |
| Bard CollegeUNRESTRICTED CHARITABLE PURPOSES | Annandaleonhudson, NY | $10K | 2023 |
| NxthvnUNRESTRICTED CHARITABLE PURPOSES | New Haven, CT | $5K | 2023 |
| Aamc FoundationUNRESTRICTED CHARITABLE PURPOSES | New York, NY | $5K | 2023 |
| Boiceville'S Reservoir Food PantryUNRESTRICTED CHARITABLE PURPOSES | Boiceville, NY | $5K | 2023 |
| Brooklyn Rail IncUNRESTRICTED CHARITABLE PURPOSES | Brooklyn, NY | $5K | 2023 |
| New York Foundation For The ArtsUNRESTRICTED CHARITABLE PURPOSES | New York, NY | $4K | 2023 |
| Bennington CollegeUNRESTRICTED CHARITABLE PURPOSES | Bennington, VT | $4K | 2023 |
| Aspen InstituteUNRESTRICTED CHARITABLE PURPOSES | Santa Barbara, CA | $3K | 2023 |
| Steven Myron Hall Foundation IncUNRESTRICTED CHARITABLE PURPOSES | New York, NY | $2K | 2023 |
| Town Of OliveUNRESTRICTED CHARITABLE PURPOSES | West Shokan, NY | $100 | 2023 |
| Olive Fire DeptUNRESTRICTED CHARITABLE PURPOSES | Los Angeles, CA | $100 | 2023 |
| Studio In A School AssociationUNRESTRICTED CHARITABLE PURPOSES | New York, NY | $15K | 2022 |
| The Graduate Center Foundation IncUNRESTRICTED CHARITABLE PURPOSES | New York, NY | $4K | 2022 |
| United States Artists IncUNRESTRICTED CHARITABLE PURPOSES | Chicago, IL | $100K | 2020 |
| Grey Art Gallery New York UniversityUNRESTRICTED CHARITABLE PURPOSES | New York, NY | $8K | 2020 |