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Gitter-Yelen Foundation is a private corporation based in NEW ORLEANS, LA. The foundation received its IRS ruling in 1997. The principal officer is Kurt A Gittner Md. It holds total assets of $1.4M. Annual income is reported at $251K. Total assets have decreased from $1.7M in 2011 to $1.4M in 2024. The foundation is governed by 2 officers and trustees. Donations to organizations which promote interest in arts and culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Funding is distributed across 4 states, including Louisiana, Texas, New York. According to available records, Gitter-Yelen Foundation has made 23 grants totaling $3.2M, with a median grant of $7K. Annual giving has decreased from $2.5M in 2021 to $751K in 2022. Individual grants have ranged from $100 to $2.3M, with an average award of $140K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in Texas, Louisiana, New York, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$757
Median Grant
$1K
Average Grant
$275K
Largest Grant
$2.3M
Based on 9 grants from the most recent 990-PF filing.
Donations to organizations which promote interest in arts and culture
Expenses: $2K
Donations to organizations which promote interest in arts and culture. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in TX, LA, NY.
Gitter-Yelen Foundation has distributed a total of $3.2M across 23 grants. The median grant size is $7K, with an average of $140K. Individual grants have ranged from $100 to $2.3M.
Gitter-Yelen Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gitter-Yelen Foundation is headquartered in NEW ORLEANS, LA. While based in LA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kurt A Gitter | PRESIDENT | $0 | $0 | N/A |
| Alice Rae Yelen | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.4M
Fair Market Value
N/A
Net Worth
$1.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
23
Total Giving
$3.2M
Average Grant
$140K
Median Grant
$7K
Unique Recipients
11
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Orleans Museum Of ArtCHARITABLE | New Orleans, LA | $190K | 2022 |
| American Friends Of Israel MuseumCHARITABLE | New York, NY | $97K | 2022 |
| Odgen Museum Of Southern ArtCHARITABLE | New Orleans, LA | $100 | 2022 |
| The Museum Of Fine Arts HoustonCHARITABLE | Houston, TX | $2.3M | 2021 |
| Harvard Art MuseumsCHARITABLE | Cambridge, MA | $160K | 2021 |
| Houston Museum Of Fine ArtsCHARITABLE | Houston, TX | $3K | 2021 |
| Touro SynagogueCHARITABLE | New Orleans, LA | $1K | 2021 |
| JasaCHARITABLE | New York, NY | $1K | 2021 |
| Longue Vue House And GardensCHARITABLE | New Orleans, LA | $1K | 2021 |
| National Performance NetworkCHARITABLE | New Orleans, LA | $1K | 2021 |
| Jewish Community CenterCHARITABLE | New Orleans, LA | $757 | 2021 |