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Taubman Foundation For The Arts is a private corporation based in ROANOKE, VA. The foundation received its IRS ruling in 2010. The principal officer is Nicholas F Taubman. It holds total assets of $12.2M. Annual income is reported at $4.3M. Total assets have grown from $3.4M in 2011 to $12.9M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Virginia and New York. According to available records, Taubman Foundation For The Arts has made 34 grants totaling $22.3M, with a median grant of $8K. Annual giving has grown from $5.6M in 2020 to $16.6M in 2022. Individual grants have ranged from $1K to $6.9M, with an average award of $655K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Virginia, New York, District of Columbia, which account for 85% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$594K
Largest Grant
$6.9M
Based on 14 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Taubman Foundation For The Arts primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in VA, NY, DC.
Taubman Foundation For The Arts has distributed a total of $22.3M across 34 grants. The median grant size is $8K, with an average of $655K. Individual grants have ranged from $1K to $6.9M.
Taubman Foundation For The Arts typically selects its grantees rather than accepting unsolicited proposals.
Taubman Foundation For The Arts is headquartered in ROANOKE, VA. While based in VA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marc E Taubman | DIRECTOR | $0 | $0 | N/A |
| Lara L Taubman | DIRECTOR | $0 | $0 | N/A |
| Dennis A Barbour | ASST TREAS, DIRECTOR | $0 | $0 | N/A |
| John G Rocovich Jr | ASST TREAS, DIRECTOR | $0 | $0 | N/A |
| Nicholas F Taubman | PRESIDENT, SEC, TREAS | $0 | $0 | N/A |
| Eugenia L Taubman | VP, ASST SEC, DIRECTOR | $0 | $0 | N/A |
Total Giving
$7.4M
Total Assets
$12.9M
Fair Market Value
$12.9M
Net Worth
$12.9M
Grants Paid
$7.2M
Contributions
N/A
Net Investment Income
$12.7M
Distribution Amount
$507K
Total: $12.7M
Total Grants
34
Total Giving
$22.3M
Average Grant
$655K
Median Grant
$8K
Unique Recipients
15
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Carilion Clinic FoundationOPERATING CONTRIBUTION | Roanoke, VA | $6.9M | 2022 |
| The Metropolitan OperaOPERATING CONTRIBUTION | New York, NY | $1.1M | 2022 |
| America First Legal FoundationOPERATING CONTRIBUTION | Washington, DC | $25K | 2022 |
| Mayo ClinicOPERATING CONTRIBUTION | Rochester, MN | $25K | 2022 |
| New York Presbyterian FundOPERATING CONTRIBUTION | New York, NY | $25K | 2022 |
| The Society Of The Four ArtsOPERATING CONTRIBUTION | Palm Beach, FL | $10K | 2022 |
| Taubman Museum Of ArtOPERATING CONTRIBUTION | Roanoke, VA | $5K | 2022 |
| Virginia Museum Of Fine Arts FoundationOPERATING CONTRIBUTION | Richmond, VA | $5K | 2022 |
| North Cross SchoolOPERATING CONTRIBUTION | Roanoke, VA | $5K | 2022 |
| Artemis Artists And WritersOPERATING CONTRIBUTION | Floyd, VA | $3K | 2022 |
| Temple EmanuelOPERATING CONTRIBUTION | Roanoke, VA | $2K | 2022 |
| Hss FoundationOPERATING CONTRIBUTION | New York, NY | $1K | 2022 |
| Presbyterian Community CenterOPERATING CONTRIBUTION | Roanoke, VA | $1K | 2022 |
| Mercersburg AcademyOPERATING CONTRIBUTION | Mercersburg, PA | $25K | 2020 |
| American Friends Of The Israel MuseumOPERATING CONTRIBUTION | New York, NY | $3K | 2020 |