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Posner Fine Arts Foundation is a private corporation based in PITTSBURGH, PA. The foundation received its IRS ruling in 2000. The principal officer is % John Hensler. It holds total assets of $13M. Annual income is reported at $150K. THE POSNER FINE ARTS FOUNDATION WAS CREATED TO RECEIVE, OWN, MAINTAIN, PRESERVE AND UTILIZE FOR EDUCATIONAL, LITERARY AND ARTISTIC PURPOSES A COLLECTION OF RARE BOOKS AND MANUSCRIPTS AND JADE AND IVORY CARVINGS (THE "COLLECTION"). According to available records, Posner Fine Arts Foundation has made 3 grants totaling $60K, with a median grant of $24K. Annual giving has grown from $12K in 2021 to $48K in 2023. Individual grants have ranged from $12K to $24K, with an average award of $20K. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
THE POSNER FINE ARTS FOUNDATION WAS CREATED TO RECEIVE, OWN, MAINTAIN, PRESERVE AND UTILIZE FOR EDUCATIONAL, LITERARY AND ARTISTIC PURPOSES A COLLECTION OF RARE BOOKS AND MANUSCRIPTS AND JADE AND IVORY CARVINGS (THE "COLLECTION").
THE COLLECTION HAS BEEN ON LOAN TO CARNEGIE MELLON UNIVERSITY, WHICH HAS UTILIZED THE RARE BOOKS AND MANUSCRIPTS PORTION OF THE COLLECTION IN FURTHERANCE OF ITS EDUCATIONAL PURPOSES, MAKING THESE ASSETS AVAILABLE TO FACULTY, STUDENTS AND INTERESTED MEMBERS OF THE PUBLIC. THE REMAINDER OF THE COLLECTION, CONSISTING OF ARTISTIC CARVINGS AND OTHER ART OBJECTS, IS ON DISPLAY AT THE UNIVERSITY AND HAS BEEN SHOWN IN EXHIBITIONS.
THE FOUNDATION ALSO OWNS A MARITIME ART COLLECTION AND NAUTICAL ARTIFACTS WHICH ARE ON LOAN FOR EXHIBIT AT THE MARITIME MUSEUM OF THE STEAMSHIP HISTORICAL SOCIETY OF AMERICA (SSHSA). THIS FEATURED COLLECTION PRESERVES THE HISTORY OF MARITIME ARTWORK BY NOTEWORTHY ARTISTS FROM THE 19TH AND 20TH CENTURIES. THE COLLECTION SUPPORTS THE FURTHERANCE OF THE MISSION OF THE SSHSA AS A VITAL SOURCE AND AUTHORITY OF NAUTICAL AND MARITIME HISTORY FOR EDUCATIONAL PURPOSES BY MAKING IT AVAILABLE FOR PUBLIC VIEWING.
THE POSNER FINE ARTS FOUNDATION WAS CREATED TO RECEIVE, OWN, MAINTAIN, PRESERVE AND UTILIZE FOR EDUCATIONAL, LITERARY AND ARTISTIC PURPOSES A COLLECTION OF RARE BOOKS AND MANUSCRIPTS AND JADE AND IVORY CARVINGS (THE "COLLECTION"). Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in PA.
Posner Fine Arts Foundation has distributed a total of $60K across 3 grants. The median grant size is $24K, with an average of $20K. Individual grants have ranged from $12K to $24K.
Posner Fine Arts Foundation typically selects its grantees rather than accepting unsolicited proposals.
Posner Fine Arts Foundation is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Henry Posner Iii | CHAIRMAN/DIRECTOR | $0 | $0 | $0 |
| James T Posner | DIRECTOR | $0 | $0 | $0 |
| Paul M Posner | DIRECTOR | $0 | $0 | $0 |
| Anne M Molloy | DIRECTOR/EXECUTIVE DIRECTO | $0 | $0 | $0 |
Total Giving
$35K
Total Assets
$12.9M
Fair Market Value
$31.4M
Net Worth
$12.9M
Grants Paid
$12K
Contributions
$0
Net Investment Income
$51K
Distribution Amount
$0
Total: $302K
Total Grants
3
Total Giving
$60K
Average Grant
$20K
Median Grant
$24K
Unique Recipients
1
Most Common Grant
$24K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Carnegie Mellon UniversityUNRESTRICTED/ GENERAL USE | Pittsburgh, PA | $24K | 2023 |
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