EIN 23-2218331

Princess Grace Foundation (PGFUSA)

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
1982
Most recent tax filings
2022-12-01
Description
The Princess Grace Foundation-USA is a non-profit, publicly-supported charity, headquartered in New York City and established 34 years ago by Prince Rainier III of Monaco to honor his wife, Princess Grace’s [Kelly] legacy. The Princess Grace Foundation-USA's mission is dedicated to identifying and assisting emerging talent in theater, dance, and film by awarding grants in the form of scholarships, apprenticeships, and fellowships. Since its inception, more than 800 recipients have been awarded, totaling over $11 million.
Also known as...
Princess Grace Foundation - USA
Total revenues
$2,052,994
2022
Total expenses
$1,534,083
2022
Total assets
$23,842,233
2022
Num. employees
7
2022

Program areas at PGFUSA

National in scope, the Princess Grace Foundation is dedicated to identifying and assisting emerging talent in theater, dance, and film by awarding grants in the form of scholarships, apprenticeships, and fellowships. The Foundation's trustees share Princess Grace's dedication to supporting the arts and they believe, as she did, that cultivation and training of emerging talent is essential to ensure sustained excellence in the arts. Each year, the Foundation announces a select group of Princess Grace awards for distinction in the areas of theater, dance, and film. Students are eligible for scholarships; emerging artists working in companies qualify for apprenticeships and fellowships. A playwrighting fellowship is available for individual artists through a residency at new dramatists in new york city.

Grants made by PGFUSA

GranteeGrant descriptionAmount
Baryshnikov Arts Center (BAC)To Futher the Organization's Exempt Purpose$62,000
Educational Theatre Association FoundationTo Futher the Organization's Exempt Purpose$18,750

Who funds Princess Grace Foundation (PGFUSA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Victory Foundation / Ttee 42006 0Grace Kelly Awards Schloarship$180,000
Paulson Family FoundationTo Elevate Extraordinary Emerging Artists in Theater, Dance, and Film Via Awards in the Form of Grants, Scholarships, and Fellowships.$47,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$27,000
...and 7 more grants received

Personnel at PGFUSA

NameTitleCompensation
Brisa CarletonChief Executive Officer$0
Catharina NystromChief Relationship Officer
Patricia LeonardChief Philanthropy Officer$100,137
Diana KemppainenPresident
Josephine SmolskyPhilanthropy Manager
...and 12 more key personnel

Financials for PGFUSA

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,059,204
Program services$0
Investment income and dividends$291,517
Tax-exempt bond proceeds$0
Royalty revenue$295,000
Net rental income$0
Net gain from sale of non-inventory assets$600,203
Net income from fundraising events$-193,801
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$871
Total revenues$2,052,994

Form 990s for PGFUSA

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-16990View PDF
2020-122021-11-16990View PDF
2018-122020-06-08990View PDF
2017-122018-12-22990View PDF
...and 8 more Form 990s

Organizations like PGFUSA

OrganizationLocationRevenue
Anderson Ranch Arts CenterSnowmass Village, CO$6,843,295
South Shore ArtsMunster, IN$617,894
Alliance for Young Artists and WritersNew York, NY$6,514,620
Sing for HopeNew York, NY$2,703,652
The Muse MachineDayton, OH$1,242,970
Kansas City Young Audiences (KCYA)Kansas City, MO$1,394,356
Skowhegan School of Painting and SculptureNew York, NY$9,416,151
Signature Theatre CompanyNew York, NY$7,236,742
Young Audiences of LouisianaNew Orleans, LA$5,379,807
Capitol Hill Arts Workshop (CHAW)Washington, DC$1,672,796
Data update history
October 3, 2024
Updated personnel
Identified 12 new personnel
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 3 new personnel
January 3, 2024
Received grants
Identified 3 new grant, including a grant for $47,000 from Paulson Family Foundation
December 27, 2023
Received grants
Identified 4 new grant, including a grant for $61,000 from Victory Foundation / Ttee 42006 0
Nonprofit Types
Arts, culture, and humanities nonprofitsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Fundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
888-c 8th Ave 318
New York, NY 10019
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
pgfusa.org/ 
Phone
(212) 317-1470
Facebook page
PrincessGraceAwards 
Twitter profile
@princessgraceus 
IRS details
EIN
23-2218331
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A25: Arts Education, Schools of Art
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0203745
FTB Entity ID
3233658
AB 488 data last updated ("as-of") date
2024-11-20
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