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Arts And Letters Foundation Inc. is a private corporation based in EAST HAMPTON, NY. The foundation received its IRS ruling in 1999. The principal officer is Janice B Gerton. It holds total assets of $17.7M. Annual income is reported at $11.5M. Total assets have grown from $1.5M in 2011 to $14.7M in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, Arts And Letters Foundation Inc. has made 73 grants totaling $3.6M, with a median grant of $50K. Annual giving has grown from $210K in 2018 to $1.8M in 2022. Individual grants have ranged from $10K to $115K, with an average award of $50K. The foundation has supported 27 unique organizations. Grants have been distributed to organizations in New York and New Jersey and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$50K
Average Grant
$48K
Largest Grant
$115K
Based on 19 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Arts And Letters Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in NY, NJ, MA.
Arts And Letters Foundation Inc. has distributed a total of $3.6M across 73 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $10K to $115K.
Arts And Letters Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Arts And Letters Foundation Inc. is headquartered in EAST HAMPTON, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Siegel | PRESIDENT | $30K | $0 | $30K |
| Lorne Singh | SECRETARY/TREASURER | $25K | $0 | $25K |
| Elizabeth Griffin | VICE PRESIDENT | $20K | $0 | $20K |
| Henry Bear | DIRECTOR | $20K | $0 | $20K |
| Mark Ackerman | DIRECTOR | $20K | $0 | $20K |
| Gary Katz | DIRECTOR | $5K | $0 | $5K |
| J Timothy Sherman | DIRECTOR | $5K | $0 | $5K |
Total Giving
$1.2M
Total Assets
$14.7M
Fair Market Value
$16.5M
Net Worth
$14.7M
Grants Paid
$870K
Contributions
$152K
Net Investment Income
$206K
Distribution Amount
$790K
Total: $11.5M
Total Grants
73
Total Giving
$3.6M
Average Grant
$50K
Median Grant
$50K
Unique Recipients
27
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Covenant HouseGENERAL PURPOSE | New York, NY | $65K | 2021 |
| Brooklyn MuseumGENERAL PURPOSE | Brooklyn, NY | $100K | 2022 |
| Henry Street SettlementGENERAL PURPOSE | New York, NY | $100K | 2022 |
| Calvary HospitalGENERAL PURPOSE | Bronx, NY | $100K | 2022 |
| Bloomfield CollegeGENERAL PURPOSE | Bloomfield, NJ | $80K | 2022 |
| The Friends Of Foundation Academy IncGENERAL PURPOSE | Trenton, NJ | $75K | 2022 |
| The New York Public LibraryGENERAL PURPOSE | New York, NY | $75K | 2022 |
| Northwell Cohen'S Children Medical CenterGENERAL PURPOSE | North New Hyde Park, NY | $70K | 2022 |
| Smith CollegeGENERAL PURPOSE | Northampton, MA | $50K | 2022 |
| New York Youth SymphonyGENERAL PURPOSE | New York, NY | $50K | 2022 |
| Parrish Art MuseumGENERAL PURPOSE | Water Mill, NY | $50K | 2022 |
| The Juilliard SchoolGENERAL PURPOSE | New York, NY | $50K | 2022 |
| Riverside SymphoniaGENERAL PURPOSE | Lambertville, NJ | $25K | 2022 |
| Kaufman Music CenterGENERAL PURPOSE | New York, NY | $25K | 2022 |
| Classical Saxophone ProjectGENERAL PURPOSE | New York, NY | $20K | 2022 |
| El Puente De WilliamsburgGENERAL PURPOSE | Brooklyn, NY | $15K | 2022 |
| Brooklyn Institute Of Arts And ScienceGENERAL PURPOSE | New York, NY | $50K | 2021 |
| Community Food Bank Of NjGENERAL PURPOSE | Hillside, NJ | $40K | 2021 |
| Fisherman'S MarkGENERAL PURPOSE | Lambertville, NJ | $30K | 2021 |
| Mahattan School Of MusicGENERAL PURPOSE | New York, NY | $25K | 2021 |
| Island HarvestGENERAL PURPOSE | Melville, NY | $15K | 2021 |
| Eva'S VillageGENERAL PURPOSE | Paterson, NJ | $10K | 2021 |
| Heart Of The HamptonsGENERAL PURPOSE | Southampton, NY | $10K | 2021 |