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Four Friends Foundation is a private trust based in ALBANY, NY. The foundation received its IRS ruling in 1990. The principal officer is Mr & Mrs Robert Shaye. It holds total assets of $35.9M. Annual income is reported at $21.7M. Total assets have grown from $4.3M in 2011 to $35.9M in 2024. The foundation is governed by 3 officers and trustees. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in New York and California. According to available records, Four Friends Foundation has made 38 grants totaling $1.8M, with a median grant of $20K. Annual giving has decreased from $1.2M in 2021 to $553K in 2022. Individual grants have ranged from $3K to $916K, with an average award of $46K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in Michigan, New York, California, which account for 82% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
The Four Friends Foundation is a family private foundation established in 1990 by Robert Shaye, founder of New Line Cinema — the studio behind The Lord of the Rings trilogy and A Nightmare on Elm Street franchise. This entertainment industry pedigree is not incidental; it shapes the foundation's philosophical DNA and its preference for organizations that tell compelling, emotionally resonant stories.
The foundation operates through a single flagship vehicle: the 4Youth Grant Program, which invests in building communications capacity for partner nonprofits. Unlike most funders who treat communications as overhead, Four Friends explicitly positions storytelling infrastructure as a strategic lever — funding organizations' ability to articulate their impact, catalyze stakeholders, and attract resources. This makes the foundation unusual and distinctive in the arts-philanthropy landscape.
All three trustees are family members: Robert Shaye (founder), Eva Shaye, and Katja Shaye. Katja manages day-to-day operations at 30 hours per week and received $158,850 in FY2024 compensation — signaling substantial operational depth. This structure means grantmaking decisions are intimate and relationship-driven, embedded in the Shaye family's personal networks in New York and Los Angeles.
This is strictly an invitation-only funder. There are no open RFPs, no letters of inquiry, no grant portals. The foundation's own language is unambiguous: it "only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds."
For those seeking to enter the foundation's orbit, geographic and sector alignment is the starting point. New York organizations comprise 55% of the grantee base; California accounts for 21%. Creative youth development, arts-based programming, and nonprofit communications capacity represent the core thematic concentrations. The entertainment industry connection — film, television, performing arts — runs throughout the portfolio, from Film Society of Lincoln Center and the Academy Foundation to Willie Mae Rock Camp for Girls and Urban Arts Partnership.
The typical grant relationship develops over multiple years. Zeno Mountain Farm has received at least two grants focused on communications planning and strategic storytelling. Urban Arts Partnership, NYC Salt, and Art Students League all appear as repeat recipients. First grants typically fall in the $25,000–$50,000 range; multi-year partners may see grants reaching $75,000–$150,000.
First-time applicants should understand: the path to funding begins at least one or two network connections before any foundation contact.
The Four Friends Foundation has grown from a modestly capitalized vehicle to a substantial mid-sized foundation over more than a decade. In FY2012, total giving was $276,000 on $4.2 million in assets. By FY2024, giving reached approximately $1.5 million on $35.9 million in assets — a 5x giving expansion alongside an 8x asset increase.
Annual giving has been relatively consistent from FY2019 through FY2024, ranging between $1.0 million and $1.6 million. A notable dip to $770,000 in FY2022 is unexplained by public filings, followed by recovery to $1.4 million in FY2023 and $1.5 million in FY2024. This stable range suggests a deliberate, relationship-driven grantmaking pace rather than rapid expansion.
Grant size data (DB + FY2024 filings): - Median grant (database): $20,000 - Average grant (database): $75,167 — heavily skewed by one outlier: a $916,000 endowed professorship at University of Michigan - Adjusted average (excluding endowment): approximately $30,000 - FY2024 median: approximately $25,000 - FY2024 range: approximately $5,000 to $150,000 (Zeno Mountain Farm) - Most common range: $25,000–$75,000
Geographic distribution (38 documented grantees): - New York: 21 grantees (55%) - California: 8 grantees (21%) - Michigan: 2 grantees (5%) - Vermont: 2 grantees (5%) - Other states (DC, IL, LA, MD, WA): 5 grantees (13%)
Program area breakdown (estimated share of grant dollars): - Arts and cultural institutions (museums, performing arts, film): ~35% - Youth creative development programs: ~30% - Communications capacity building (4Youth program): ~15% - Medical research and academic endowments: ~12% - Human services and other: ~8%
Multi-year relationships: At least 40% of documented grants involve repeat grantees — Zeno Mountain Farm, NYC Salt, WNET, Art Students League, Central Park Conservancy, and Film Society of Lincoln Center all appear multiple times. The single largest transaction — $916,000 to University of Michigan for the Max Shaye Endowed Professorship — is a memorial endowment gift that sits outside the normal grantmaking cadence.
Capital trajectory: A $13.8 million contribution in FY2022 doubled the foundation's asset base, providing sustained runway for stable grantmaking at current levels through the late 2020s.
Four Friends Foundation occupies a distinctive niche among private arts funders: mid-sized, family-governed, and explicitly committed to communications capacity as a grant program rather than treating it as overhead. The table below compares it to four peer foundations with overlapping geography, focus, or scale:
| Foundation | Assets | Annual Giving | Primary Focus | Geography | Application |
|---|---|---|---|---|---|
| Four Friends Foundation | $36M | ~$1.5M | Creative youth dev + comms capacity | NY, CA | Invitation-only |
| Pinkerton Foundation | ~$170M | ~$10M | Youth development, arts, workforce | NYC | Invitation-only |
| Jerome Foundation | ~$90M | ~$3.5M | Emerging performing + visual artists | NY, MN | Competitive open |
| Herb Alpert Foundation | ~$250M | ~$15M | Arts education, music, community arts | CA, NY | Invitation-only |
| Mertz Gilmore Foundation | ~$100M | ~$6M | NYC arts, civic engagement | NYC | Relationship-based |
Four Friends is the smallest foundation in this peer set, yet it is distinguished by the explicit 4Youth communications capacity program — a niche none of the above foundations address as a named program. The Pinkerton Foundation represents the closest analog in New York geography and youth development focus, operating at roughly 7x the scale. Jerome Foundation is the most accessible peer entry point for grant seekers, as it runs a competitive open process; a Jerome grant signals exactly the organizational quality Four Friends values. Herb Alpert Foundation shares the entertainment industry roots and arts education philosophy, making it a natural parallel pursuit for California-based organizations.
The most current public data derives from the FY2024 Form 990-PF, published in December 2025. Total charitable disbursements reached approximately $1.5 million across 38 grants — a recovery from the $770,000 low in FY2022 and consistent with the $1.4 million distributed in FY2023.
Notable FY2024 grantees identified through aggregator data include: Zeno Mountain Farm ($150,000, multi-year communications capacity partner), Women's Guild Cedars-Sinai Medical Center ($110,000, Parkinson's disease research), Urban Arts Partnership ($103,200, NYC arts education), Willie Mae Rock Camp for Girls ($100,600, New Orleans music education for girls), and Dancing Classrooms ($75,000, NYC social development through partner dance).
The most significant organizational development in the foundation's recent history is Katja Shaye's expanded operational role. Her compensation rose from $22,650 in FY2021 to $40,050 in FY2022, $40,500 in FY2023, and $158,850 in FY2024 — a nearly 7x increase over three years. This trajectory signals deliberate professionalization of the foundation's operations, with Katja Shaye taking on substantially expanded responsibilities.
A major capital event in FY2022 saw the foundation receive $13.8 million in contributions — likely a Shaye family infusion — more than doubling the asset base from approximately $20 million to $38 million. Total assets as of FY2024 stand at $35.9 million, reflecting modest distributions that have slightly exceeded investment returns in some recent years.
No press releases, public program announcements, or news coverage specifically covering Four Friends Foundation activity was found through web research as of mid-2026. The foundation maintains an intentionally low public profile consistent with its invitation-only, family-centered operating model.
Given the invitation-only structure, standard grant-writing advice is almost entirely inapplicable. What determines success here is positioning, visibility, and relationship capital. The following guidance is specific to Four Friends Foundation:
Invest in storytelling infrastructure demonstrably — before you apply. The 4Youth program funds communications capacity: video production, digital narrative, strategic communications planning. Organizations that already have these capabilities and can show concrete outcomes communicate directly to the foundation's theory of change. Build these systems first, then make them visible in your public communications.
Pursue a warm introduction to Katja Shaye. As the managing trustee with a 30-hour weekly commitment, Katja Shaye is the operational decision-maker. Cold outreach to INFO@FOURFRIENDSFOUNDATION.ORG is the only formal channel, but a warm referral from a current grantee (Zeno Mountain Farm, Urban Arts Partnership, Willie Mae Rock Camp, NYC Salt, Dancing Classrooms) or co-funder is substantially more effective. If approaching cold, keep it to two paragraphs: your mission and model, and a clear statement of thematic alignment with the 4Youth program. No attachments.
Map geographic alignment tightly. With 76% of grants concentrated in New York (55%) and California (21%), national organizations without genuine program presence in these markets face a steep disadvantage. The foundation's Hollywood entertainment background makes Los Angeles organizations with youth media or film production focus particularly compelling.
Align with the entertainment-arts nexus. Robert Shaye's New Line Cinema legacy runs throughout the portfolio: Film Society of Lincoln Center, Academy Foundation, Motion Picture and TV Fund, and WNET all hold or have held grants. Organizations that bridge youth creative development and film or television storytelling occupy the foundation's natural field of vision.
Pursue peer funders first. Jerome Foundation (open competition in NY/MN), Pinkerton Foundation (NYC youth development), and Herb Alpert Foundation (arts education, CA/NY) are peer funders whose grant decisions are visible to Four Friends' network. A Jerome Foundation grant functions as a meaningful credibility signal within this grantmaking ecosystem.
Be patient and persistent with the network. Based on the repeat-grantee pattern, this funder deepens relationships over years. A first introduction may take 12–24 months to translate into a first grant invitation, and initial grants typically fall in the $25,000–$50,000 range before growing through sustained partnership.
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Smallest Grant
$3K
Median Grant
$20K
Average Grant
$75K
Largest Grant
$916K
Based on 16 grants from the most recent 990-PF filing.
Invests in building communications capacity for partner nonprofits through strategic storytelling, general operating support, and consulting support.
The Four Friends Foundation has grown from a modestly capitalized vehicle to a substantial mid-sized foundation over more than a decade. In FY2012, total giving was $276,000 on $4.2 million in assets. By FY2024, giving reached approximately $1.5 million on $35.9 million in assets — a 5x giving expansion alongside an 8x asset increase. Annual giving has been relatively consistent from FY2019 through FY2024, ranging between $1.0 million and $1.6 million. A notable dip to $770,000 in FY2022 is unex.
Four Friends Foundation has distributed a total of $1.8M across 38 grants. The median grant size is $20K, with an average of $46K. Individual grants have ranged from $3K to $916K.
The Four Friends Foundation is a family private foundation established in 1990 by Robert Shaye, founder of New Line Cinema — the studio behind The Lord of the Rings trilogy and A Nightmare on Elm Street franchise. This entertainment industry pedigree is not incidental; it shapes the foundation's philosophical DNA and its preference for organizations that tell compelling, emotionally resonant stories. The foundation operates through a single flagship vehicle: the 4Youth Grant Program, which inves.
Four Friends Foundation is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katja Shaye | TRUSTEE | $0 | $0 | N/A |
| Eva Shaye | TRUSTEE | $0 | $0 | N/A |
| Robert Shaye | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$35.9M
Fair Market Value
N/A
Net Worth
$35.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
38
Total Giving
$1.8M
Average Grant
$46K
Median Grant
$20K
Unique Recipients
30
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ChrysalisUNRESTRICTED | Los Angeles, CA | $30K | 2022 |
| Arts ConnectionUNRESTRICTED | New York, NY | $25K | 2022 |
| Zeno Mountain FarmRESTRICTED FOR PLANNING GRANTS | Lincoln, VT | $60K | 2022 |
| Academy FoundationUNRESTRICTED | Los Angeles, CA | $50K | 2022 |
| Inside Out Literary ArtsRESTRICTED TO CAPACITY BUILDING | Detroit, MI | $50K | 2022 |
| Charlie Cart ProjectRESTRICTED TO RESEARCH GRANT | Berkeley, CA | $50K | 2022 |
| UnicefUNRESTRICTED | New York, NY | $40K | 2022 |
| Motion Picture & Tv FundUNRESTRICTED | Woodland Hills, CA | $25K | 2022 |
| Team ReadUNRESTRICTED | Seattle, WA | $25K | 2022 |
| City Meals On WheelsUNRESTRICTED | New York, NY | $25K | 2022 |
| L A County Museum Of ArtUNRESTRICTED | Los Angeles, CA | $25K | 2022 |
| Nyc SaltRESTRICTED FOR PLANNING GRANTS | New York, NY | $20K | 2022 |
| WnetUNRESTRICTED | New York, NY | $20K | 2022 |
| Armand Hammer MuseumUNRESTRICTED | Los Angeles, CA | $20K | 2022 |
| New York Community TrustCHARITABLE PURPOSES | New York, NY | $19K | 2022 |
| Film Society Of Lincoln CenterUNRESTRICTED | New York, NY | $14K | 2022 |
| Art Students League Of New YorkUNRESTRICTED | New York, NY | $10K | 2022 |
| Central Park ConservancyUNRESTRICTED | New York, NY | $10K | 2022 |
| Innocence Project - New OrleansUNRESTRICTED | New Orleans, LA | $10K | 2022 |
| American Museum Of Natural HistoryUNRESTRICTED | New York, NY | $10K | 2022 |
| Success AcademyUNRESTRICTED | New York, NY | $10K | 2022 |
| Timeline TheatreUNRESTRICTED | Chicago, IL | $5K | 2022 |
| University Of MichiganMAX SHAYE ENDOWED PROFESSORSHIP | Ann Arbor, MI | $916K | 2021 |
| Johns' Hopkins MedicineRESTRICTED FOR DRS. PAUL AND PAMELA TALALAY PROFESSORSHIP AT THE JOHNS HOPKINS MEDICAL INSTITUTIONS DEPARTMENT OF PHARMACOLOGY AND MOLECULAR SCIENCES | Baltimore, MD | $50K | 2021 |
| Weill Cornell Medicine Center For Trauma And AddictionUNRESTRICTED | New York, NY | $35K | 2021 |
| World Science FestivalUNRESTRICTED | New York, NY | $10K | 2021 |
| Center For Mind BodyUNRESTRICTED | Washington, DC | $10K | 2021 |
| Museum Of Natural History - New YorkUNRESTRICTED | New York, NY | $10K | 2021 |
| Wikimedia FoundationUNRESTRICTED | San Francisco, CA | $10K | 2021 |
| Groundswell Community Mural ProjectUNRESTRICTED | Brooklyn, NY | $3K | 2021 |