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Roy Lichtenstein Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1998. The principal officer is Dorothy Lichtenstein. It holds total assets of $55.2M. Annual income is reported at $21.2M. The foundation is governed by 11 officers and trustees. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in New York and London. According to available records, Roy Lichtenstein Foundation has made 24 grants totaling $4.6M, with a median grant of $21K. Annual giving has decreased from $3.8M in 2021 to $776K in 2022. Individual grants have ranged from $2K to $1.6M, with an average award of $191K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Ohio, Pennsylvania, New York, which account for 75% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
The Roy Lichtenstein Foundation operates as an invitation-only, preselect-only grantmaker — the single most critical fact for any prospective partner. There is no RFP, no online portal, no LOI process, and no deadline calendar. The foundation identifies and approaches aligned institutions proactively; it does not review unsolicited applications, and its official application instructions are listed as none. For any organization seeking engagement, relationship-building and demonstrated mission alignment are the only viable strategies.
The foundation's giving philosophy is rooted in legacy stewardship of Roy Lichtenstein (1923–1997), a defining figure of American Pop Art. Its grantmaking serves two converging purposes: preserving and expanding public access to Lichtenstein's art and the art of his era, and nurturing emerging art professionals — particularly those from underrepresented communities — through curatorial fellowships and scholarships built to outlast the foundation itself.
Grants follow a relationship-first model. Organizations that hold Lichtenstein works in their collections, have mounted exhibitions of his work or that of Pop Art contemporaries, conduct postwar American art scholarship, or build structured diversity pipelines in museum professions are best positioned. Key relationship nodes include Executive Director William John Cowart — compensated at $545,833 total (salary plus benefits) annually, reflecting his centrality to all operations — and President Dorothy Lichtenstein. Board Chairman Ruth Fine (a noted Lichtenstein scholar), Directors Maria Morris Hambourg, Elizabeth Glassman, John W. Smith, and Elizabeth Baker, and Treasurer Steven P. Goldglit shape program priorities.
The foundation entered a deliberate sunset phase in 2018, intending to distribute its assets to successor institutions rather than operate in perpetuity. Assets have declined from a peak of ~$114.7M (2018) to $55.2M (2024). This wind-down strategy shapes everything: the foundation channels its remaining capital into permanent endowments, fellowship funds, and infrastructure gifts — endowed professorships ($6M, Ohio State University), curatorial fellowship endowments ($1.1M, Columbus Museum of Art), and digital preservation infrastructure ($2M+, Archives of American Art). Organizations capable of absorbing, stewarding, and reporting on such gifts are the most attractive partners.
First-time engagement should begin with genuine programmatic alignment and direct, non-transactional outreach. Frame any communication around institutional mission overlap rather than funding need, and plan for a multi-year relationship cultivation timeline well before any gift is discussed.
The Roy Lichtenstein Foundation's financial trajectory tells a story of deliberate, structured drawdown. Assets peaked at approximately $114.7M in 2018 — the year the foundation announced its sunset — and have declined to $55.2M by 2024, a reduction of nearly $60M over six years. In 2024, the foundation disbursed $16.1M toward charitable purposes (98% of total expenses) against revenue of only $3.19M, producing a net loss of $13.2M and confirming active capital distribution rather than preservation.
Annual giving has been highly variable, driven by large multi-year pledge installments rather than consistent annual grant cycles: - 2019: $38.2M total giving — peak year, anchored by a $6M Ohio State endowment commitment - 2023: $22.8M total giving ($17.6M in direct grants paid) - 2022: $4.4M total giving ($776K in grants paid) - 2021: $7.5M total giving ($3.8M in grants paid) - 2020: $3.5M total giving ($206K in grants paid) - 2015–2016: $3.0M–$4.2M annual range
From 14 grants in the foundation's recorded dataset, the median grant size is $62,500 (average: $272,260; range: $1,500–$1,592,650). These figures understate total giving, as the $6M Ohio State pledge and the August 2025 $2M+ Archives gift are not fully captured in this dataset.
Grants cluster into four tiers: - Artwork donations (highest dollar value): Philadelphia Museum of Art ($1,592,650 for the "Brushstroke Group") — direct Lichtenstein works transferred to institutional permanent collections. - Endowment and multi-year pledges ($320K–$1.1M+ in dataset; $6M Ohio State outside it): Columbus Museum of Art ($1,109,250 for curatorial fellowship endowment), Ohio State University ($500K installment of $6M pledge for two endowed chairs), Spelman College ($320K for four-year Post-Baccalaureate Fellowship pilot). - Exhibition and research grants ($15K–$571K): Whitney Museum of American Art ($571K), International Foundation for Art Research ($330K), National Gallery of Art ($50K), Parrish Art Museum ($50K). - Small sponsorships ($1.5K–$15K): Archives of American Art ($15K sustainability fund), Brandywine Workshop ($2,500), Brooklyn Museum ($2,175), Morgan Library ($2,000).
Geographically, New York institutions dominate (12 of 24 recorded grants), followed by Ohio (4), Washington DC (3), Georgia (2), and Pennsylvania (2). Program area distribution: approximately 40% of recorded grant dollars support exhibition and collection activities; 35% fellowship and workforce development; 20% research and archives; 5% small sponsorships.
The five peer foundations identified as asset-size comparables (~$55M, Philanthropy & Grantmaking category) provide financial scale context but limited mission comparison — none focus on visual arts or operate as artist legacy foundations.
| Foundation | State | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|---|
| Roy Lichtenstein Foundation | NY | $55.2M (2024) | $4.4M–$22.8M (variable) | Lichtenstein legacy, art diversity fellowships | Invitation only; preselect |
| Sarah Ketterer Family Foundation | CA | $55.2M | Not publicly disclosed | General philanthropy | Not disclosed |
| Highland Partners Charitable Fund | MA | $55.2M | Not publicly disclosed | General philanthropy | Not disclosed |
| Robert H Murphy Foundation | CA | $55.2M | Not publicly disclosed | General philanthropy | Not disclosed |
| Point72 Employee Directed Giving Foundation | CT | $55.3M | Not publicly disclosed | Employee-directed giving | Not disclosed |
| Notsew Orm Sands Foundation | TX | $55.3M | Not publicly disclosed | General philanthropy | Not disclosed |
In the visual arts philanthropy landscape, the Roy Lichtenstein Foundation is more meaningfully compared to artist-legacy foundations such as the Andy Warhol Foundation for the Visual Arts (significantly larger, open grantmaking to arts nonprofits) and the Pollock-Krasner Foundation (open applications for individual artists). Unlike both, Roy Lichtenstein Foundation does not fund individual artists, maintains no open application process, and is actively executing a planned liquidation — a fundamentally different operational posture than perpetual-endowment peers. The foundation's closest structural analog may be the Foundation for Contemporary Arts, which administers the $45,000 annual Roy Lichtenstein Award as a direct product of a 2017 endowment gift from this foundation — making FCA both a grantee and a programmatic partner. Roy Lichtenstein Foundation's sunset timeline and declining asset base make it categorically distinct: it is a funder in managed wind-down, not a stable recurring source of capital.
August 2025 brought the foundation's most consequential recent public announcement: a lead gift exceeding $2 million to the Smithsonian Institution's Archives of American Art for its newly launched Digital Transformation Initiative. The gift establishes two new permanent staff positions — a born-digital strategist and a born-digital archivist — and creates a five-year Digital Innovation Fund supporting digital preservation infrastructure, convenings, and publications on art history in digital formats. This represents a new funding category for the foundation and an acceleration of its legacy-transfer strategy.
Simultaneously, the foundation has been systematically donating its own institutional records to the Archives as part of its sunset operations. Series 5 and 13 were transferred in 2025; Series 1, 3, 7, 8, and 11 followed in 2026; additional series are expected through 2027. These donations — spanning circa 1901–2025, bulk 1950s–2018 — represent a comprehensive handoff of the foundation's documentary history to a permanent public repository.
On the exhibitions front, "Roy Lichtenstein in the Studio" launched January 15, 2026 at the Dallas Museum of Art (through July 5) and January 31 at the Nasher Sculpture Center (through August 16, 2026). A separate exhibition, "Roy Lichtenstein: Painting with Scattered Brushstrokes," opened March 19, 2026, reflecting ongoing foundation investment in public engagement with Lichtenstein's process and practice.
The foundation's annual Roy Lichtenstein Award — endowed with the Foundation for Contemporary Arts in 2017 — named Christopher Cozier (Trinidad-based visual artist) as its 2026 recipient ($45,000). No leadership changes were identified in research; Executive Director William John Cowart and President Dorothy Lichtenstein remain in their roles per 2024 990 data, with Cowart now compensated at $545,833 total annually.
The Roy Lichtenstein Foundation does not accept applications, LOIs, or unsolicited proposals. Every grant it awards results from proactive foundation initiative, not applicant submissions. However, organizations can meaningfully position themselves for consideration by understanding and acting on the following.
Understand the sunset timeline first. The foundation is in active wind-down. Assets have dropped nearly $60M since 2018 and the 2024 net loss of $13.2M confirms accelerating capital disbursement. The window for meaningful partnership is closing. Organizations that have not established a relationship with the foundation should initiate appropriate contact now.
Align on Lichtenstein's legacy specifically. Generic "arts education" or "museum support" framing will not resonate. Communications should demonstrate specific familiarity with Lichtenstein's body of work, the catalogue raisonné project, and the foundation's curatorial fellowship programs. If your institution holds Lichtenstein works, reference them. If you mount or plan exhibitions featuring Lichtenstein or his Pop Art contemporaries, lead with that.
Museum diversity pipelines are an explicit, funded priority. Since 2019, the foundation has directed multi-year grants to BIPOC curatorial fellowship programs at Columbus Museum of Art, Spelman College/AUC, and the Aspen Institute. Organizations building structured pathways for underrepresented students into museum professions — especially art history, curatorial practice, and conservation — should frame that work prominently in any outreach.
Endowment capacity is essential. The foundation's largest recent gifts are perpetual fellowship endowments and multi-year pledges. Organizations must have gift acceptance policies, 501(c)(3) status, and established endowment infrastructure before engaging. The foundation is not making operating grants to organizations that lack capacity to perpetuate endowed programs.
Direct, respectful contact is appropriate. Reach out to info@lichtensteinfoundation.org or (212) 255-4570 to introduce your institution's relevant programs. Do not request a grant meeting or attach a proposal. Frame initial contact as informational — sharing your institution's mission alignment rather than requesting funding. The goal of first contact is awareness, not a funding ask.
Do not plan around a calendar deadline. The foundation does not operate on a defined annual grant cycle with public deadlines. Large gifts correlate with multi-year pledge installments driven by internal strategy, not open competitions. Plan around relationship maturity, not a submission window.
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Smallest Grant
$2K
Median Grant
$63K
Average Grant
$272K
Largest Grant
$1.6M
Based on 14 grants from the most recent 990-PF filing.
Oral history project-recorded interviews with r. Lichtenstein acquaintances, family, collectors, friends and staff members
Expenses: $4K
Creation of catalogue raisonne - multi volume and electronic comprehensive catalogue documenting all known artworks of roy lichtenstein.
Expenses: $347K
Exhibitions of art by roy lichtenstein in new york and london.
Expenses: $32K
Recorded interviews with Roy Lichtenstein acquaintances, family, collectors, friends and staff members.
Creation of comprehensive multi-volume and electronic catalogue documenting all known artworks of Roy Lichtenstein.
Exhibitions of art by Roy Lichtenstein in New York and London.
The Roy Lichtenstein Foundation's financial trajectory tells a story of deliberate, structured drawdown. Assets peaked at approximately $114.7M in 2018 — the year the foundation announced its sunset — and have declined to $55.2M by 2024, a reduction of nearly $60M over six years. In 2024, the foundation disbursed $16.1M toward charitable purposes (98% of total expenses) against revenue of only $3.19M, producing a net loss of $13.2M and confirming active capital distribution rather than preservat.
Roy Lichtenstein Foundation has distributed a total of $4.6M across 24 grants. The median grant size is $21K, with an average of $191K. Individual grants have ranged from $2K to $1.6M.
The Roy Lichtenstein Foundation operates as an invitation-only, preselect-only grantmaker — the single most critical fact for any prospective partner. There is no RFP, no online portal, no LOI process, and no deadline calendar. The foundation identifies and approaches aligned institutions proactively; it does not review unsolicited applications, and its official application instructions are listed as none. For any organization seeking engagement, relationship-building and demonstrated mission al.
Roy Lichtenstein Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William John Cowart | EXECUTIVE DIRECTOR | $450K | $45K | $495K |
| Mitchell W Lichtenstein | VICE PRESIDENT | $0 | $0 | N/A |
| Dorothy Lichtenstein Deceased 2024 | PRESIDENT | $0 | $0 | N/A |
| Maria Morris Hambourg | DIRECTOR | $0 | $0 | N/A |
| David H Lichtenstein | VICE PRESIDENT | $0 | $0 | N/A |
| Elizabeth Baker | DIRECTOR | $0 | $0 | N/A |
| Leslie B Samuels | BOARD MEMBER | $0 | $0 | N/A |
| John W Smith | DIRECTOR | $0 | $0 | N/A |
| Elizabeth Glassman | DIRECTOR | $0 | $0 | N/A |
| Ruth Fine | BOARD CHAIRMAN | $0 | $0 | N/A |
| Steven P Goldglit | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$55.2M
Fair Market Value
N/A
Net Worth
$55.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
24
Total Giving
$4.6M
Average Grant
$191K
Median Grant
$21K
Unique Recipients
15
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Whitney Museum Of American ArtPROMOTE THE ARTS THROUGH EDUCATION & RESEARCH | New York, NY | $569K | 2022 |
| Spelman CollegeTHE ROY LICHTENSTEIN FOUNDATION PLEDGED $160,000 A YEAR TO THE ATLANTA UNIVERSITY CENTER (AUC) ART HISTORY + CURATORIAL STUDIES COLLECTIVE FOR A FOUR-YEAR PILOT PHASE TO UNDERWRITE TWO FELLOWSHIPS AND PROVIDE THEIR RELATED SUPPORT IN THE ROY LICHTENSTEIN FOUNDATION POST-BACCALAUREATE FELLOWSHIPS IN MUSEUM PROFESSIONS. | Atlanta, GA | $160K | 2022 |
| Aspen InstituteSUPPORT OF THE AEFI PROJECT 'CONSORTIUM TO ADVANCE THE NEXT GENERATION OF BIPOC LEADERS IN THE VISUAL ARTS' | Washington, DC | $26K | 2022 |
| Columbus Museum Of ArtPERMANENT ENDOWMENT OF THE LICHTENSTEIN FOUNDATION CURATORIAL FELLOWSHIP FOR DIVERSITY AND INCLUSION IN THE ARTS. | Columbus, OH | $9K | 2022 |
| International Foundation For Art ResearchPROMOTE THE ARTS THROUGH EDUCATION AND RESEARCH. | New York, NY | $3K | 2022 |
| Brandywine Workshop And ArchivesSPONSORSHIP OF TABLE AT WORKSHOP'S ANNUAL GALA FOR 10 ART STUDENTS | Philadelphia, PA | $3K | 2022 |
| Brooklyn Museum Of ArtSPONSOR 2022 INNOVATOR AWARD | Brooklyn, NY | $2K | 2022 |
| Morgan Library And MuseumSPONSOR 2022 FELLOWSHIP | New York, NY | $2K | 2022 |
| Solomon R Guggenheim FoundationPROMOTE THE ARTS THROUGH EDUCATION & RESEARCH | New York, NY | $2K | 2022 |
| Museum Of Modern ArtPROMOTE THE ARTS THROUGH EDUCATION AND RESEARCH. | New York, NY | $2K | 2022 |
| Philadelphia Museum Of ArtDONATION OF ROY LICHTENSTEIN'S "BRUSHSTROKE GROUP" TO THE MUSEUM FOR ITS COLLECTION OF HIS WORK. | Philadelphia, PA | $1.6M | 2021 |
| Ohio State UniversityFINAL INSTALLMENT OF A $6,000,000 GIFT PLEDGED IN 2019 TO INSTALL TWO ENDOWED PROFESSORS; THE ROY LICHTENSTEIN ENDOWED CHAIR OF STUDIO ART AND THE ROY LICHTENSTEIN FOUNDATION ENDOWED CHAIR OF ART HISTORY. | Columbus, OH | $500K | 2021 |
| Parrish Art MuseumGRANT TO SUPPORT "EXHIBITION OUTREACH AND PROGRAMS RELATED TO "ROY LICHTENSTEIN: HISTORY IN THE MAKING, 1948-1960." | Water Mill, NY | $50K | 2021 |
| National Gallery Of ArtGRANT TO HELP FUND THE RESEARCH CATALOGUE FOR THEIR UPCOMING EXHIBITION "THE DOUBLE: IDENTITY AND DIFFERENCE IN ART SINCE 1900." | Washington, DC | $50K | 2021 |
| Archives Of American Art-Smithsonian InstitutionGRANT TO THE ARCHIVES' SUSTAINABILITY FUND. | Boston, MA | $15K | 2021 |