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EIN 13-4082016

The Paestum Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
1999
Most recent tax filings
2023-09-01
NTEE code, primary
T20: Private Foundations
Description
The Paestum Foundation funds support for maintaining a collection of works of art and photographs for exhibition and loan to museums. The Foundation made one grant last year to Fidelity Charitable, located in New York, NY.
Total revenues
$6,331,873
2023
Total expenses
$469,022
2023
Total assets
$46,090,111
2023
Num. employees
0
2023

Program areas at The Paestum Foundation

The Foundation acquires and maintains a collection of works of art and photographs for exhibition and loan to museums at no charge to encourage knowledge and appreciation of art, irrespective of its medium. During The year, as part of this direct charitable activity, The Foundation purchased The work of art "summer sea window" by marsden hartley on april 27, 2023 and approximately 80% of The Foundation's art collection was on loan to yale university.

Personnel at The Paestum Foundation

NameTitleCompensation
Michael HechtTreasurer$0

Financials for The Paestum Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Investment income and dividends$975,608
Net rental income$0
Net gain from sale of non-inventory assets$5,573,987
Gross sales of inventory$0
Miscellaneous revenues$-217,722
Total revenues$6,331,873

Form 990s for The Paestum Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990PFView PDF
2022-092023-08-15990PFView PDF
2021-092022-08-15990PFView PDF
2020-092021-06-17990PFView PDF
2019-092020-07-01990PRView PDF
...and 8 more Form 990s

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Data update history
October 10, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 10, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 11, 2023
Used new vendors
Identified 1 new vendor, including
October 7, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
50 Rockefeller Plz 4th Floor
New York, NY 10020
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Phone
(646) 905-3511
IRS details
EIN
13-4082016
Fiscal year end
September
Taxreturn type
Form 990-PF
Year formed
1999
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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