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Jules Olitski Art Foundation Inc. is a private corporation based in MARLBORO, VT. The foundation received its IRS ruling in 2016. It holds total assets of $72.7M. Annual income is reported at $362K. Total assets have grown from $167K in 2019 to $72.7M in 2024. The foundation is governed by 4 officers and trustees. Foundation is currently in the initial stage of activities but plans to eventually loan artwork to museums, cultural and educational organizations and will make that work available to the general public to further the knowledge of olitski's art and art in general for the education and benefit of the public. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Jules Olitski Art Foundation Inc. has made 1 grants totaling $15K, with a median grant of $15K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Foundation is currently in the initial stage of activities but plans to eventually loan artwork to museums, cultural and educational organizations and will make that work available to the general public to further the knowledge of olitski's art and art in general for the education and benefit of the public.
Foundation is currently in the initial stage of activities but plans to eventually loan artwork to museums, cultural and educational organizations and will make that work available to the general public to further the knowledge of olitski's art and art in general for the education and benefit of the public. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in NY.
Jules Olitski Art Foundation Inc. has distributed a total of $15K across 1 grants. The median grant size is $15K, with an average of $15K. Individual grants have ranged from $15K to $15K.
Jules Olitski Art Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jules Olitski Art Foundation Inc. is headquartered in MARLBORO, VT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lauren Poster | PRESIDENT & TREASURER | $155K | $0 | $155K |
| Eleanor Johnston | BOARD MEMBER | $0 | $0 | N/A |
| Harry Poster | SECRETARY | $0 | $0 | N/A |
| William Boepple | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$72.7M
Fair Market Value
N/A
Net Worth
$72.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$15K
Average Grant
$15K
Median Grant
$15K
Unique Recipients
1
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Art Students LeagueGENERAL SUPPORT | New York, NY | $15K | 2023 |