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Claire Falkenstein Foundation is a private corporation based in ALTADENA, CA. The foundation received its IRS ruling in 1999. The principal officer is Rebecca Mcgrew. It holds total assets of $4M. Annual income is reported at $604K. Total assets have decreased from $5.6M in 2011 to $4.1M in 2023. The foundation is governed by 5 officers and trustees. The Claire Falkenstein Foundation supports and promotes the artist's legacy by cultivating public access to and study of her work. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Claire Falkenstein Foundation has made 4 grants totaling $335K, with a median grant of $38K. Annual giving has decreased from $260K in 2020 to $25K in 2023. Individual grants have ranged from $10K to $250K, with an average award of $84K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in California and New York. Contributions to this foundation are tax-deductible.
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.
The Claire Falkenstein Foundation supports and promotes the artist's legacy by cultivating public access to and study of her work. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA, NY.
Claire Falkenstein Foundation has distributed a total of $335K across 4 grants. The median grant size is $38K, with an average of $84K. Individual grants have ranged from $10K to $250K.
Claire Falkenstein Foundation typically selects its grantees rather than accepting unsolicited proposals.
Claire Falkenstein Foundation is headquartered in ALTADENA, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Eliel | BOARD MEMBER | $0 | $0 | N/A |
| Phillip Linhares | PRESIDENT | $0 | $0 | N/A |
| David Knaus | SECRETARY/TREASURER | $0 | $0 | N/A |
| Jennifer Watts | VICE-PRESIDENT | $0 | $0 | N/A |
| Rebecca Mcgrew | PRESIDENT | $0 | $0 | N/A |
Total Giving
$100K
Total Assets
$4.1M
Fair Market Value
$4.1M
Net Worth
$4.1M
Grants Paid
$25K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$196K
Total: $957K
Total Grants
4
Total Giving
$335K
Average Grant
$84K
Median Grant
$38K
Unique Recipients
2
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| LacmaCHARITABLE | Los Angeles, CA | $25K | 2023 |
| Grey Art Gallery NycCHARITABLE | New York, NY | $10K | 2020 |