Also known as: CENTER INC
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Foundation For The Art Renewal Center Inc. is a private corporation based in PORT READING, NJ. The foundation received its IRS ruling in 2003. The principal officer is Frederick C Ross. It holds total assets of $1.7M. Annual income is reported at $144K. Total assets have grown from $324K in 2011 to $1.7M in 2024. The foundation is governed by 4 officers and trustees. Provided scholarship funds to florence academy of art. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 4 states, including Massachusetts, New Jersey, New York. According to available records, Foundation For The Art Renewal Center Inc. has made 22 grants totaling $145K, with a median grant of $4K. Annual giving has grown from $43K in 2020 to $79K in 2022. Individual grants have ranged from $500 to $32K, with an average award of $7K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New Jersey, California, New York, which account for 32% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$4K
Largest Grant
$8K
Based on 6 grants from the most recent 990-PF filing.
Provided scholarship funds to new york academy of art
Expenses: $500
Provided scholarship funds to swedish academy ofrealist art
Expenses: $500
Provided scholarship funds to florence academy of art. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NJ, CA, NY.
Foundation For The Art Renewal Center Inc. has distributed a total of $145K across 22 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from $500 to $32K.
Foundation For The Art Renewal Center Inc. typically selects its grantees rather than accepting unsolicited proposals.
Foundation For The Art Renewal Center Inc. is headquartered in PORT READING, NJ. While based in NJ, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kara L Colon | EXEC. COMM. | $90K | $0 | $90K |
| Charlotte Ross | EXEC. COMM. | $0 | $0 | N/A |
| Frederick C Ross | CHAIRMAN/FOUNDER | $0 | $0 | N/A |
| Vern Swanson | EXEC. COMM. | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.7M
Fair Market Value
N/A
Net Worth
$1.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
22
Total Giving
$145K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
14
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Florence Academy Of Art UsSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Jersey City, NJ | $24K | 2022 |
| Barcelona Academy Of Art London AtelierSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Barcelona | $7K | 2022 |
| Charles Cecil StudiosSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Florence | $5K | 2022 |
| Angel Academy Of ArtSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Florance | $3K | 2022 |
| Miano Academy Of ArtSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Bradenton, FL | $750 | 2022 |
| Lyme Academy Of Fine ArtsSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Old Lyme, CT | $750 | 2022 |
| Grand Central AtelierSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Long Island, NY | $6K | 2021 |
| Academy Of Realist ArtSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Boston, MA | $2K | 2021 |
| Beaux Arts AcademySCHOLARSHIP - TO PROMOTE ART & ARTISTS | Provo, UT | $2K | 2021 |
| Victoria RadionovaSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Kherson | $2K | 2021 |
| School Of Atelier Arts LlcSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Jersey City, NJ | $32K | 2020 |
| Stephen Gjertson StudiosSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Santa Monica, CA | $10K | 2020 |
| Sweden Academy Of Realist ArtSCHOLARSHIP - TO PROMOTE ART & ARTISTS | Simrishamn | $500 | 2020 |
| New York Academy Of ArtSCHOLARSHIP - TO PROMOTE ART & ARTISTS | New York, NY | $500 | 2020 |