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Nancy Graves Foundation Inc. is a private corporation based in LONG IS CITY, NY. The foundation received its IRS ruling in 1997. The principal officer is Hecht And Company Pc. It holds total assets of $12.8M. Annual income is reported at $2.6M. Total assets have grown from $9.7M in 2010 to $13.2M in 2022. The foundation is governed by 7 officers and trustees. Tax records are available from 2016 to 2023. Funding is distributed across 5 states, including Maine, New York, Louisiana. According to available records, Nancy Graves Foundation Inc. has made 21 grants totaling $261K, with a median grant of $13K. Annual giving has decreased from $105K in 2020 to $50K in 2023. Individual grants have ranged from $1K to $50K, with an average award of $12K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in California, Illinois, New York, which account for 52% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
The Nancy Graves Foundation runs a closed, nomination-only grant model — there is no open call, no LOI, and no direct-application pathway for individual artists or organizations. The Foundation states plainly that it "cannot accept direct application requests" and "does not accept unsolicited grant requests." Each year, arts professionals and past nominators from across the country submit artist names; a second, independently constituted jury (walled off from Foundation directors, employees, and their families) reviews only the applications submitted by nominated artists and selects the final cohort. The 2025 cohort — Mercedes Dorame, Julia Haft-Candell, Amy Revier, and Suné Woods — each received $12,500 in unrestricted funds, continuing a steady four-artist-per-year pattern visible in the financials since at least 2018.
Eligibility is narrow and specific: applicants must be U.S. residents with at least five years of professional practice beyond formal art schooling, and the grant's defining criterion is that the funded work explore "a technique, medium or discipline different from the one for which they are primarily known" — this is not a general-purpose project or operating grant for artists working in their established lane. Funds are unrestricted, so recipients are not required to submit a project budget or deliverables plan once selected.
Beyond the artist grant, the bulk of the Foundation's activity and spending is programmatic and archival: lending Nancy Graves artworks to museums, building a dedicated research and study center, hosting visiting scholars and curators, and producing a catalogue raisonné. This work is run by Executive Director Christina Hunter and a small, insider-heavy board (Chairman Sanford Hirsch, Treasurer Michael Hecht, Secretary Eugene Kokot, plus Directors Leah Levy and Mary-Kay Lombino) drawn largely from people connected to the artist's estate. First-time "applicants" should recognize that success here is almost entirely a function of professional visibility and peer relationships — gallery representation, curatorial relationships, press coverage, and connections to past nominators or jurors — rather than proposal-writing craft, since there is no proposal to write until after a nomination lands.
Total assets stood at $13.18M in FY2022, down slightly from a $14.05M peak in FY2019 but up from $9.67M in FY2010 — roughly 3% average annual growth over twelve years despite volatile markets, driven mostly by net investment income ($359K in FY2022, $672K in FY2019) rather than new contributions (the Foundation received $0 in new contributions in FY2020 and FY2021). Total giving — which combines individual artist grants with the Foundation's direct charitable/archival programs (museum loans, research center, scholar hosting) — rose from $311K in FY2010 to a range of $549K–$597K across FY2018–FY2022, averaging roughly $556K/year in the most recently filed five years.
Grants paid specifically to individuals are a smaller, more volatile slice: $0 in FY2013, $10K in FY2010–FY2011, a spike to $105,000 in FY2019 (roughly an 8-artist cohort, coinciding with a one-time $1.6M contribution that year), and a steady-state of $50,000–$55,500/year in FY2018 and FY2020–FY2022 — consistent with four artists at $12,500 each, the same structure as the December 2025 cohort. Grantee-level detail (21 grants totaling $260,500, average $12,405) confirms this pattern: 18 of 21 recipients received exactly $12,500, the standard individual artist award. The remaining three entries are program-adjacent rather than artist grants — United States Artists received $50,000 (the single largest grant, to a regranting intermediary, not an individual), the Aspen Institute received $5,500 across two grants tied to an artwork display donation, and Friends of Historic Kingston and Artists' Fellowship each received $2,500.
Geographically, recipients cluster where working artists live rather than by any stated regional priority: New York and California lead with 5 grants each, New Jersey has 3, Maine and Washington D.C. each have 2, and Illinois, Louisiana, Massachusetts, and Oregon each have 1 — a nationwide footprint that follows naturally from the peer-nomination model. Officer compensation ($157K–$175K/year, split roughly $107K–$120K to Executive Director Christina Hunter and $50K–$55K to Chairman Sanford Hirsch) represents a substantial fixed cost relative to the $50K/year individual-grants line, reflecting the Foundation's heavier investment in archival/scholarly programming than in grantmaking overhead.
Among Arts & Culture-focused private foundations of similar asset size (roughly $12.6M–$12.9M), the Nancy Graves Foundation is distinguished by its closed, nomination-only individual-artist grant and its parallel identity as an artist-legacy archive — a structure closer to Roswell Artist-in-Residence than to a conventional open-application arts funder.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Nancy Graves Foundation Inc. | $12.78M | ~$549K–$597K (total giving, incl. archival programs); ~$50K/yr to individual artists | Individual visual artist grants + artist legacy/archive | Invitation/nomination only — no direct applications accepted |
| Fox Family Foundation (CO) | $12.77M | Not available in dataset | Arts & Culture | Not verified in this research |
| Lions Automobilia Foundation (CA) | $12.75M | Not available in dataset | Arts & Culture (automobilia/collections) | Not verified in this research |
| Esther Simplot Performing Arts Academy Inc. (ID) | $12.89M | Not available in dataset | Arts & Culture (performing arts education) | Not verified in this research |
| Roswell Artist-in-Residence Foundation (NM) | $12.91M | Not available in dataset | Arts & Culture (artist residency) | Not verified in this research |
| National Academy of Education (DC) | $12.64M | Not available in dataset | Categorized Arts & Culture but focused on education research | Not verified in this research |
Nancy Graves Foundation's asset base sits squarely in the middle of this peer set, but its grantmaking is unusually concentrated: rather than funding organizations or open programs, essentially all direct grant dollars ($50K of the ~$556K average annual total giving) go to four individual artists per year at a fixed $12,500 award. Peers like Roswell Artist-in-Residence share the individual-artist focus but operate residency infrastructure rather than a will-endowed archive; the other peers listed appear to serve institutional or programmatic missions rather than individual-artist grants, making Nancy Graves Foundation a narrow, low-volume but reliable funder for the specific niche of established artists pivoting into a new medium.
The Foundation's most recent and most consequential public action was announcing the 2025 Nancy Graves Grant for Visual Artists on December 18, 2025: four artists — Mercedes Dorame, Julia Haft-Candell, Amy Revier, and Suné Woods — each received $12,500 in unrestricted funds to pursue work outside the medium or discipline for which they are primarily known. This continues the steady four-artist, $50,000/year cohort size the Foundation has maintained since at least FY2018, per its own financial filings.
Outside the grants program, 2025–2026 activity centers on keeping Nancy Graves' own artwork visible in major institutional programming: a group presentation in "Sixties Surreal" at the Whitney Museum of American Art (September 24, 2025–January 19, 2026), a solo show titled "Archaea" at Locks Gallery in Philadelphia (February 7–March 28, 2026), a second solo show, "Everyone Scurries," at Ceysson & Bénétière in Paris (March 21–June 20, 2026), inclusion in "Endless Sunday: Maurizio Cattelan and the Centre Pompidou Collection" at Centre Pompidou-Metz (running through February 2027), and a booth presentation with Perrotin at Art Basel Miami Beach (December 3–7, 2025). None of this exhibition activity is itself grantmaking, but it signals continued, well-resourced stewardship of the artist's legacy — the Foundation's other core mandate alongside the individual artist grants.
On governance, IRS filings note that Director-President Janie C. Lee is listed as deceased as of April 2024, indicating a board transition is underway; however, Executive Director Christina Hunter and Chairman Sanford Hirsch appear to remain in continuous leadership roles through the most recent grant cycle, suggesting program continuity despite the board change. No public announcement of a new board president or changes to the grant program's structure, eligibility, or award amount was found in this research.
The single most important fact for any prospective applicant: you cannot apply to the Nancy Graves Foundation directly. The Foundation states outright that it does not accept unsolicited grant requests and cannot process direct application requests — attempting to do so wastes effort and will not result in consideration. The entire pathway runs through nomination: artists and arts professionals around the country submit candidate names to the Foundation, and only nominated artists are sent an application to complete for review by a second, independent jury panel.
Given that structure, the highest-leverage activity for an artist who wants to be considered is building visibility with the people likely to serve as nominators or jurors — gallery representation, museum and curatorial relationships, critical press coverage, teaching or residency networks, and connections to past Nancy Graves grantees (a list that includes Gina Osterloh in 2023 and, per this research, Sam Contis and Myeongsoo Kim in a separate cycle). Because nominators are drawn from "different parts of the country," geographic concentration in New York and California among past recipients (5 grants each in the grantee data) likely reflects where visible working artists cluster rather than a stated regional preference — artists based elsewhere are not disadvantaged by policy.
Once nominated, the application itself should center on the program's defining selection criterion: work in a technique, medium, or discipline meaningfully different from the one the artist is primarily recognized for. A photographer proposing to expand into photography, for instance, would not fit; a photographer proposing to develop a sculpture or textile practice would. Because the award is unrestricted general support rather than project-restricted funding, applications do not need an itemized project budget — the jury is evaluating the artist's readiness and seriousness in the new discipline, not a deliverables plan.
Common mistakes to avoid: submitting a cold application (automatically disqualifying), presenting the new-medium pivot as cosmetic rather than substantive, and treating this as a project grant requiring a budget and timeline. Eligibility is strict on tenure — U.S. residents with at least five years of professional practice beyond schooling — so very early-career artists should look elsewhere. Grants are announced annually in December (the 2025 cohort was announced December 18), so nomination and jury review activity likely runs through the preceding months.
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Smallest Grant
$3K
Median Grant
$13K
Average Grant
$15K
Largest Grant
$50K
Based on 7 grants from the most recent 990-PF filing.
The following is a listing of the direct charitable activities that the foundation has undertaken in the current year and/or expects to undertake in subsequent years:>lending artworks to museum exhibitions for research and display accessible to the public. >establishing a dedicated research and study center for visiting scholars, researchers, and curators.>partnering with educational institutions to host and offer young scholars opportunities to acquire skills and knowledge of best practices in art foundation administration, archival organization, and exhibition planning.>meeting with college directorship to expand educational partnerships and programming.>hosting visiting curators and scholars researching nancy graves and artists of her era for future exhibitions and publications.>sponsoring collaborations between foundations to share and present research at conferences.
Expenses: $565K
Total assets stood at $13.18M in FY2022, down slightly from a $14.05M peak in FY2019 but up from $9.67M in FY2010 — roughly 3% average annual growth over twelve years despite volatile markets, driven mostly by net investment income ($359K in FY2022, $672K in FY2019) rather than new contributions (the Foundation received $0 in new contributions in FY2020 and FY2021). Total giving — which combines individual artist grants with the Foundation's direct charitable/archival programs (museum loans, res.
Nancy Graves Foundation Inc. has distributed a total of $261K across 21 grants. The median grant size is $13K, with an average of $12K. Individual grants have ranged from $1K to $50K.
The Nancy Graves Foundation runs a closed, nomination-only grant model — there is no open call, no LOI, and no direct-application pathway for individual artists or organizations. The Foundation states plainly that it "cannot accept direct application requests" and "does not accept unsolicited grant requests." Each year, arts professionals and past nominators from across the country submit artist names; a second, independently constituted jury (walled off from Foundation directors, employees, and.
Nancy Graves Foundation Inc. is headquartered in LONG IS CITY, NY. While based in NY, the foundation distributes grants to organizations across 9 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christina Hunter | EXECUTIVE DIRECTOR | $120K | $4K | $124K |
| Sanford Hirsch | DIRECTOR-CHAIR | $55K | $0 | $55K |
| Michael Hecht | DIRECTOR-TREASURER | $0 | $0 | N/A |
| Leah Levy | DIRECTOR | $0 | $0 | N/A |
| William Joseph | DIRECTOR-VICE PRESIDENT | $0 | $0 | N/A |
| Janie C Lee Deceased April 2024 | DIRECTOR-PRESIDENT | $0 | $0 | N/A |
| Eugene Kokot | DIRECTOR-SECRETARY | $0 | $0 | N/A |
Total Giving
$549K
Total Assets
$13.2M
Fair Market Value
$18.7M
Net Worth
$13.2M
Grants Paid
$50K
Contributions
$50K
Net Investment Income
$359K
Distribution Amount
N/A
Total: $5.4M
Total Grants
21
Total Giving
$261K
Average Grant
$12K
Median Grant
$13K
Unique Recipients
20
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dianne SmithTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | New York, NY | $13K | 2022 |
| Artists' FellowshipTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | New York, NY | $3K | 2020 |
| Shoshanna WeinbergerTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Newark, NJ | $13K | 2023 |
| Adrienne Elise TarverTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Brooklyn, NY | $13K | 2023 |
| Eddie Rodolfo AparicioTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Altadena, CA | $13K | 2023 |
| Abigail DevilleTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Fort Lee, NJ | $13K | 2023 |
| Deborah JackTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Jersey City, NJ | $13K | 2022 |
| Red Star Fine Art IncTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Portland, OR | $13K | 2022 |
| Nicki GreenTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | San Francisco, CA | $13K | 2022 |
| The Aspen InstituteDONATION OF ARTWORK TO BE DISPLAYED | Washington, DC | $5K | 2022 |
| Maia Cruz PalileoTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Brooklyn, NY | $13K | 2021 |
| Patty ChangTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Altadena, CA | $13K | 2021 |
| Kija LucasTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | San Francisco, CA | $13K | 2021 |
| Lavialle CampbellTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Studio City, CA | $13K | 2021 |
| United States ArtistsTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Chicago, IL | $50K | 2020 |
| Ron BechetTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | New Orleans, LA | $13K | 2020 |
| Dylan HausthorTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Peakes Island, ME | $13K | 2020 |
| Wade KavanaughTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Bethel, ME | $13K | 2020 |
| Anna HeplerTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Greenfield, MA | $13K | 2020 |
| Friends Of Historic KingstonTO SUPPORT THE WORK AND ARTISTIC DEVELOPMENT OF WORTHY ARTISTS. THE FOUNDATION'S GRANT MAKING PROCEDURES WERE APPROVED BY THE INTERNAL REVENUE SERVICE IN A LETTER DATED APRIL 6, 1999. | Kingston, NY | $3K | 2020 |