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EIN 98-6000319

Foundation for Arts Initiatives

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
New York
State
New York
Year formed
1964
Most recent tax filings
2022-08-01
NTEE code, primary
T20: Private Foundations
Description
Foundation for Arts Initiatives is a private foundation located in New York, NY. Grantees include Arab Image Foundation. Made 82 grants last year. Trustees are Vasif Kortun, Marie-Claude Beaud, Manuel J Borja-Villel.
Total revenues
$16,183,430
2022
Total expenses
$2,215,074
2022
Total assets
$29,575,352
2022
Num. employees
n/a

Grants made by Foundation for Arts Initiatives

GranteeGrant descriptionAmount
Institute for Radical ImaginationInstitutional Support$50,000
Veteran Voices of Pittsburgh Oral History InitiativeGeneral Activities and Program Support$15,000

Personnel at Foundation for Arts Initiatives

NameTitleCompensation
Reina Sofia, MadridExecutive Director, Museo Nacional Centro de Arte
Vasif KortunChairman$15,000
Joan WeakleySecretary$138,000

Financials for Foundation for Arts Initiatives

RevenuesFYE 08/2022
Total grants, contributions, etc.$0
Investment income and dividends$475,547
Net rental income$0
Net gain from sale of non-inventory assets$15,707,883
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$16,183,430

Form 990s for Foundation for Arts Initiatives

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-11990PFView PDF
2020-082021-07-14990PFView PDF
2019-082020-11-09990PFView PDF
2018-082019-09-05990PFView PDF
2017-082018-08-23990PFView PDF
...and 6 more Form 990s

Organizations like Foundation for Arts Initiatives

OrganizationLocationRevenue
J Rogers Badgett SR FoundationMadisonville, KY$5,652,915
The George F and Sybil H Fuller FoundationWorcester, MA$4,586,816
Puffin FoundationTeaneck, NJ$6,313,116
Joe Barnhart FoundationHouston, TX$9,809,565
Margaret L. Wendt FoundationBuffalo, NY$6,131,264
H A & Mary K Chapman Charitable TrustTulsa, OK$20,024,989
The Riley FoundationMeridian, MS$6,202,403
Edward T. Cone FoundationNew York, NY$8,662,218
Hamill FoundationHouston, TX$39,782,936
Chugach Heritage FoundationAnchorage, AK$4,199,570
Data update history
July 21, 2022
Posted financials
Added Form 990PF for fiscal year 2020
July 21, 2022
Updated personnel
Identified 4 new personnel
July 21, 2022
Used new vendors
Identified 1 new vendor, including
August 20, 2021
Posted financials
Added Form 990PF for fiscal year 2019
December 9, 2020
Updated personnel
Identified 9 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
375 Greenwich St
New York, NY 10013
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
ffaiarts.net/ 
Phone
(212) 267-8334
IRS details
EIN
98-6000319
Fiscal year end
August
Taxreturn type
Form 990-PF
Year formed
1964
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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