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Art & Practice is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2014. The principal officer is % Allan Dicastro. It holds total assets of $26.5M. Annual income is reported at $11M. ART + PRACTICE'S MISSION IS TO SUPPORT THE NEEDS OF ITS LOCAL FOSTER YOUTH AND REFUGEE CHILDREN AROUND THE WORLD, AND PROVIDE ITS SUPPORT WITH FREE ACCESS TO MUSEUM-CURATED CONTEMPORARY ART. MANAGEMENT AND GENERAL ACTIVITIES INCLUDE THOSE THAT PROVIDE GOVERNANCE, OVERSIGHT, BUSINESS MANAGEMENT, FINANCIAL RECORD KEEPING, BUDGETING, LEGAL SERVICES, HUMAN RESOURCE MANAGEMENT, AND SIMILAR ACTIVITIES THAT ENSURE AN ADEQUATE WORKING ENVIRONMENT AND AN EQUITABLE EMPLOYMENT PROGRAM. According to available records, Art & Practice has made 15 grants totaling $1.5M, with a median grant of $100K. Annual giving has grown from $187K in 2020 to $352K in 2023. Grantmaking activity was highest in 2022 with $950K distributed across 12 grants. Individual grants have ranged from $8K to $252K, with an average award of $99K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in California and New York and Texas. Contributions to this foundation are tax-deductible.
ART + PRACTICE'S MISSION IS TO SUPPORT THE NEEDS OF ITS LOCAL FOSTER YOUTH AND PROVIDE ITS COMMUNITY WITH FREE ACCESS TO MUSEUM-CURATED CONTEMPORARY ART. MANAGEMENT AND GENERAL ACTIVITIES INCLUDE THOSE THAT PROVIDE GOVERNANCE, OVERSIGHT, BUSINESS MANAGEMENT, FINANCIAL RECORD KEEPING, BUDGETING, LEGAL SERVICES, HUMAN RESOURCE MANAGEMENT, AND SIMILAR ACTIVITIES THAT ENSURE AN ADEQUATE WORKING ENVIRONMENT AND AN EQUITABLE EMPLOYMENT PROGRAM.
Expenses: $272K
PUBLIC ENGAGEMENT - ART + PRACTICE, IN CONJUNCTION WITH MUSEUM-INSTITUTIONS, ORGANIZES ART EXHIBITIONS AND PUBLIC PROGRAMS FOR THE PUBLIC AT NO CHARGE. THESE PROGRAMS INCLUDED INDIVIDUAL ARTISTS' TALKS AND PANEL DISCUSSIONS.
Expenses: $422K
FOSTER YOUTH - ART + PRACTICE SUPPORTS THE NEEDS OF ITS LOCAL FOSTER YOUTH THROUGH ITS COLLABORATIONS WITH NONPROFIT FOSTER YOUTH SOCIAL SERVICES PROVIDER FIRST PLACE FOR YOUTH. FOSTER YOUTH RECEIVED JOB TRAINING, HOUSING SERVICES, AND EDUCATION SUPPORT.
Expenses: $188K
ART + PRACTICE'S MISSION IS TO SUPPORT THE NEEDS OF ITS LOCAL FOSTER YOUTH AND REFUGEE CHILDREN AROUND THE WORLD, AND PROVIDE ITS SUPPORT WITH FREE ACCESS TO MUSEUM-CURATED CONTEMPORARY ART. MANAGEMENT AND GENERAL ACTIVITIES INCLUDE THOSE THAT PROVIDE GOVERNANCE, OVERSIGHT, BUSINESS MANAGEMENT, FINANCIAL RECORD KEEPING, BUDGETING, LEGAL SERVICES, HUMAN RESOURCE MANAGEMENT, AND SIMILAR ACTIVITIES THAT ENSURE AN ADEQUATE WORKING ENVIRONMENT AND AN EQUITABLE EMPLOYMENT PROGRAM. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CA, NY, TX.
Art & Practice has distributed a total of $1.5M across 15 grants. The median grant size is $100K, with an average of $99K. Individual grants have ranged from $8K to $252K.
The application deadline is PLEASE CONTACT ORGANIZATION FOR MORE DETAILS.. PLEASE CONTACT ORGANIZATION FOR MORE DETAILS.
Art & Practice is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sophia Belsheim | DIRECTOR | $123K | $0 | $123K |
| Eileen Harris Norton | SECRETARY | $0 | $0 | $0 |
| Allan Dicastro | CHIEF EXECUTIVE OFFICER | $0 | $0 | $0 |
| Mark Bradford | PRESIDENT OF THE BOARD OF DIRECTORS | $0 | $0 | $0 |
Total Giving
$1.8M
Total Assets
$24.1M
Fair Market Value
$24.1M
Net Worth
$23.9M
Grants Paid
$352K
Contributions
$220K
Net Investment Income
$298K
Distribution Amount
$0
Total: $0
Total Grants
15
Total Giving
$1.5M
Average Grant
$99K
Median Grant
$100K
Unique Recipients
7
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community PartnersPROVIDE SUPPORT TO COMMUNITY PARTNERS PROJECT FOR THE CALIFORNIA AFRICAN AMERICAN MUSEUM. | Los Angeles, CA | $8K | 2022 |
| Nest GlobalPROVIDE SUPPORT FOR NEST GLOBAL'S OUTREACH EFFORTS AS WELL AS PROVIDE FUNDING FOR THEIR EARLY CHILDHOOD EDUCATION PROGRAM SUPPORTING UNDERSERVED CHILDREN THROUGHOUT THE WORLD. | Los Angeles, CA | $252K | 2023 |
| First Place For YouthTO SUPPORT THE ART + PRACTICE SCHOLARS PROGRAM AS DESCRIBED IN FIRST PLACE FOR YOUTH'S PROPOSAL | Los Angeles, CA | $100K | 2023 |
| Pedagogical Institute Of Los AngelesPROVIDE SUPPORT FOR PILAGLOBAL'S OUTREACH EFFORTS AS WELL AS THEIR TEACHERS THAT PROVIDE HELP AND EDUCATION TO UNDESERVED CHILDREN THROUGHOUT THE WORLD. | Los Angeles, CA | $160K |
Other foundations that have funded Art & Practice.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Rauch Foundation Inc. | $5K | 2023 | BOARD DESIGNATED GRANTS |
| William M Keck Jr Foundation | $10K | 2020 | COMMUNITY IMPROVEMENT |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2022 |
| Waco Theater CenterSUPPORT WACO THEATER'S GOAL TO PRESENT, COMMISSION, AND DEVELOP ARTISTIC WORKS TO GIVE ARTISTS AND YOUNG PEOPLE A PLATFORM AND VOICE TO SHOWCASE THEIR CREATIVITY. | Los Angeles, CA | $100K | 2022 |
| The Gordon Parks FoundationPROVIDE SUPPORT TO PRESERVE CREATIVE WORK OF GORDON PARKS AS WELL AS SUPPORT THE NEXT GENERATION OF ARTISTS ADVANCING SOCIAL JUSTICE | Pleasantville, NY | $100K | 2022 |
| The Contemporary AustinSUPPORT EVENT COSTS FOR THE CONTEMPORARY ART DEPARTMENT | Austin, TX | $8K | 2022 |
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