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Sears Family Foundation is a private trust based in LAKE PLACID, NY. The foundation received its IRS ruling in 1987. It holds total assets of $2.4M. Annual income is reported at $473K. TO ENCOURAGE THE ARTS SUCH AS MUSIC, THEATRE, DANCE, SOUND AND VIDEO AND OTHER RELATED ACTIVITIES. According to available records, Sears Family Foundation has made 14 grants totaling $598K, with a median grant of $41K. Annual giving has grown from $118K in 2021 to $207K in 2023. Grantmaking activity was highest in 2022 with $273K distributed across 6 grants. Individual grants have ranged from $600 to $106K, with an average award of $43K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
TO ENCOURAGE THE ARTS SUCH AS MUSIC, THEATRE, DANCE, SOUND AND VIDEO AND OTHER RELATED ACTIVITIES
Expenses: $205K
TO ENCOURAGE THE ARTS SUCH AS MUSIC, THEATRE, DANCE, SOUND AND VIDEO AND OTHER RELATED ACTIVITIES. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY.
Sears Family Foundation has distributed a total of $598K across 14 grants. The median grant size is $41K, with an average of $43K. Individual grants have ranged from $600 to $106K.
Sears Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sears Family Foundation is headquartered in LAKE PLACID, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Olga Malinova | CFO | $8K | $0 | $8K |
| Margarita Sears | TRUSTEE | $0 | $0 | $0 |
Total Giving
$335K
Total Assets
$2.4M
Fair Market Value
$3.7M
Net Worth
$2.4M
Grants Paid
$207K
Contributions
$260K
Net Investment Income
$217K
Distribution Amount
$181K
Total: $2M
Total Grants
14
Total Giving
$598K
Average Grant
$43K
Median Grant
$41K
Unique Recipients
6
Most Common Grant
$41K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Will'S GardenCONTEMPORY DANCE, MUSIC AND PERFORMANCES ON ICE | Cooperstown, NY | $106K | 2023 |
| Cooperstown Theatre FestivalPROVIDE A PROGRAM OF COMMUNITY SUMMER CONCERTS | Cooperstown, NY | $45K | 2023 |
| Ballet Theatre FoundationDANCE PERFORMANCES | New York City, NY | $41K | 2023 |
| Ice Theatre Of NyDANCE ON ICE | New York City, NY | $10K | 2023 |
| Hampton Dance ProjectDANCE PERFORMANCES NON BALLET | Cooperstown, NY | $5K |
CHAPEL HILL, NC
MERCER ISLAND, WA
SAVANNAH, GA
JERSEY CITY, NJ
HOUSTON, TX
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2023 |
| The Metropolitan OperaDANCE, MUSIC AND PERFORMANCES | New York, NY | $4K | 2022 |
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