READING, VT
Hall Art Foundation Inc.
Quick Facts
- EIN
- 261386173
- Location
- READING, VT
- Category
- Philanthropy & Grantmaking
- Total Assets
- $53.5M
- Annual Income
- $14.3M
- IRS Ruling Year
- 2008
- Organization Type
- Corporation
- Principal Officer
- % Fulvio & Associates Llp
- Tax Deductibility
- Contributions are deductible
About This Foundation
Hall Art Foundation Inc. is a private corporation based in READING, VT. The foundation received its IRS ruling in 2008. The principal officer is % Fulvio & Associates Llp. It holds total assets of $53.5M. Annual income is reported at $14.3M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$8.4M
2023+55%
Total Assets
$51.7M
2023+2%
Fair Market Value
$58M
2023
Net Worth
$51.7M
2023
Grants Paid
$6.1M
2023
Contributions
$5.2M
2023
Net Investment Income
$3M
2023
Distribution Amount
$0
2023
Total Giving by Year
$945K
11$507K
12$1.9M
13$8.2M
14$6.3M
15$2.6M
18$1.6M
19$1.3M
20$5.4M
22$8.4M
23Asset Growth
$34.6M
11$34.7M
12$25.1M
13$34M
14$34.1M
15$48.9M
18$49.4M
19$48.5M
20$50.5M
22$51.7M
23Investment Portfolio (2023)
Total: $11.1M
Corporate Stock: $11.1M
Cash: $581K
Corporate Stock (95%)
Cash (5%)
Expense Breakdown (2023)
Grants Paid$6.1M
Accounting Fees$76K
Pension & Benefits$27K
Printing & Publications$9K
Revenue Sources (2023)
- Contributions
- $5.2M
- Capital Gains (Net)
- $2.7M
- Dividends
- $313K
- Interest
- $35K
- Other Income
- $20K
Financial Details (2023)
- Total Revenue
- $8.3M
- Total Expenses
- $8.4M
- Exempt Purpose Expenses
- $8.1M
- Required Distribution
- $0
- Undistributed Income
- $0
- Total Liabilities
- $1K
- Excise Tax
- $41K
- Tax Due
- $28K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
23
Total Giving
$9.9M
Average Grant
$450K
Median Grant
$25K
Total Giving by Year
$295K (14 grants)
20$3.5M (5 grants)
22$6.1M (4 grants)
23Grant Range
Min$673
Max$6M
Median: $25K
Smallest grantLargest grant
Openness to New Grantees (2023)
0%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
VT: $21K (2)
NH
WA
ID
MT
ND
MN
MN: $3K (3)
WI
MI
NY
NY: $108K (5)
MA
MA: $220K (3)
CT
RI
OR
NV
WY
SD
IA
IL
IN
IN: $1K (1)
OH
PA
NJ
CA
CA: $1K (1)
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
FL: $75K (3)
HI
TX
MA$220K (3)
NY$108K (5)
FL$75K (3)
VT$21K (2)
MN$3K (3)
CA$1K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schloss Derneburg MuseumTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE AS A CONTEMPORARY ART MUSEUM | Derneburg | $6M | 2023 |
| Mass Moca Foundation IncTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE AS A CONTEMPORARY ART MUSEUM | North Adams, MA | $94K | 2023 |
| Univeristy Of OxfordTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | Oxford | $37K | 2023 |
| School Of The Art Foundation IncTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | West Palm Beach, FL | $25K | 2023 |
| Schloss Derneburg MuseumTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE AS A CONTEMPORARY ART MUSEUM | Derneburg | $3.3M | 2022 |
| Mass Moca Foundation IncTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE AS A CONTEMPORARY ART MUSEUM | North Adams, MA | $55K | 2022 |
| Univeristy Of OxfordTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | Oxford | $43K | 2022 |
| School Of The Art Foundation IncTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | West Palm Beach, FL | $25K | 2022 |
| University Of VtTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | Burlington, VT | $673 | 2022 |
| Metropolitan Museum Of ArtTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | New York, NY | $100K | 2020 |
| Mass Moca Foundation IncTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE AS A CONTEMPORARY ART MUSEUM | North Adams, MA | $72K | 2020 |
| Schloss Derneburg MuseumTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE AS A CONTEMPORARY ART MUSEUM | Derneburg | $66K | 2020 |
| School Of The Art Foundation IncTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | West Palm Beach, FL | $25K | 2020 |
| Reading Food ShelfTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | Proctorsville, VT | $20K | 2020 |
| Blm ActblueccFOR BLACK LIVES MATTER | New York, NY | $4K | 2020 |
| Guild Hall Of East Hampton IncTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE | East Hampton, NY | $3K | 2020 |
| WethepFOR BLACK LIVES MATTER | Burnsville, MN | $1K | 2020 |
| The Bail ProjectFOR BLACK LIVES MATTER | Pasadena, CA | $1K | 2020 |
| The Liberty FundFOR BLACK LIVES MATTER | Carmel, IN | $1K | 2020 |
| NaacpFOR BLACK LIVES MATTER | New York, NY | $1K | 2020 |
| CuapbFOR BLACK LIVES MATTER | Minneapolis, MN | $1K | 2020 |
| Takeaction MinnesotaFOR BLACK LIVES MATTER | St Paul, MN | $1K | 2020 |
| Metro Arts Gallery IncTO ENABLE THE ORGANIZATION TO CONTINUE ITS CHARITABLE PURPOSE AS A CONTEMPORARY ART MUSEUM | New York, NY | — | 2020 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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