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Guston Foundation is a private corporation based in WEST HURLEY, NY. The foundation received its IRS ruling in 2013. The principal officer is Kleinberg Kaplan Wolff & Cohen. It holds total assets of $59M. Annual income is reported at $3.7M. Total assets have grown from $449K in 2012 to $57.5M in 2023. The foundation is governed by 6 officers and trustees. Cataloguing and archiving all the works produced by the artist philip guston and making his work available to facilitate art education and research. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. Funding is distributed across 4 states, including New York, Massachusetts, Texas. According to available records, Guston Foundation has made 26 grants totaling $266K, with a median grant of $1K. Annual giving has grown from $25K in 2020 to $221K in 2022. Individual grants have ranged from $300 to $100K, with an average award of $10K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Massachusetts, New York, Texas, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$4K
Largest Grant
$15K
Based on 7 grants from the most recent 990-PF filing.
Cataloguing and archiving all the works produced by the artist philip guston and making his work available to facilitate art education and research.
Expenses: $1.1M
Cataloguing and archiving all the works produced by the artist philip guston and making his work available to facilitate art education and research. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in MA, NY, TX.
Guston Foundation has distributed a total of $266K across 26 grants. The median grant size is $1K, with an average of $10K. Individual grants have ranged from $300 to $100K.
Guston Foundation typically selects its grantees rather than accepting unsolicited proposals.
Guston Foundation is headquartered in WEST HURLEY, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sarah Radic | EXECUTIVE DIRECTOR | $181K | $26K | $207K |
| Michael Conforti | DIRECTOR | $5K | $0 | $5K |
| Thomas Mayer | DIRECTOR, VICE PRESIDENT | $0 | $0 | N/A |
| Maurice M Reder | DIRECTOR, TREASURER (THRU 10.01.2023) | $0 | $0 | N/A |
| Musa Mayer | DIRECTOR, PRESIDENT | $0 | $0 | N/A |
| Pamela A Mayer | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$57.5M
Fair Market Value
$57.5M
Net Worth
$57.5M
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$1.2M
Distribution Amount
N/A
Total: $5.3M
Total Grants
26
Total Giving
$266K
Average Grant
$10K
Median Grant
$1K
Unique Recipients
10
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Museum Of Fine Arts BostonPHILIP GUSTON NOW EXHIBITION | Boston, MA | $100K | 2022 |
| Doctors Without BordersGENERAL OPERATING SUPPORT | New York, NY | $5K | 2022 |
| American Academy In RomeGENERAL OPERATING SUPPORT | New York, NY | $2K | 2022 |
| Sterling & Francine Clark Art InstituteGENERAL OPERATING SUPPORT | Williamstown, MA | $2K | 2022 |
| Amon Carter Museum Of American ArtGENERAL OPERATING SUPPORT | Fort Worth, TX | $1K | 2022 |
| Massachusetts Museum Of Contemporary Art Foundation Inc (Mass Moca)GENERAL OPERATING SUPPORT | North Adams, MA | $1K | 2022 |
| Maverick Concert IncGENERAL OPERATING SUPPORT | Woodstock, NY | $300 | 2022 |
| Sterling & Francine Clark Art InstGENERAL OPERATING SUPPORT | Williamstown, MA | $1K | 2021 |
| Filaffestival International Du Livre D'Art Et Du FilmGENERAL OPERATING SUPPORT | Perpignan | $5K | 2020 |
| Trinity CollegeGENARAL OPERATIONS | Hartford, CT | $1K | 2020 |