Foundation for the Advancement of the Arts
Foundation for the Advancement of the Arts is a private foundation, based in Flushing, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $12K in total assets. In 2023, it awarded 3 grants totaling $92K.
Foundation for the Advancement of the Arts at a glance
In short: Foundation for the Advancement of the Arts gave $92K across 3 grants in 2023 (avg $31K), mostly in Indiana. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $92,250
- +22.3% vs 2022
- Grants made (2023)
- 3
- +50.0% vs 2022
- Average grant
- $30,750
- -18.4% vs 2022
- Median grant
- $26,500
- Total assets
- $12,003
- -89.4% vs 2022
- Primary geography
- Indiana (69% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Foundation for the Advancement of the Arts funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
The largest 2023 recipient was The Department of Mathematics Savitribai Phule Pune University ($64K). Together the top 3 received $92K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 7 grants of 9 (78%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
Cities
How Foundation for the Advancement of the Arts gives
- Giving grew 389% from 2020 to 2023. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $19K (2020) to $92K (2023). In 2023 it made 3 grants totaling $92K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Department of Mathematics Savitribai Phule Pune University Pune, IN | See Attached | $63,750 |
| Ananda Marga Inc Silverspring, MD | programs for furthering the practice and study of of yoga and meditation | $26,500 |
| Arsha Vidya Peetham Saylorburg, PA | programs / indian culture | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2023 | $12,003 | — | $101,230 | $92,250 | 3 | $8,500 |
| 2022 | $113,233 | $4,000 | $86,201 | $75,407 | 2 | — |
| 2020 | $238,690 | — | $19,518 | $18,848 | 4 | — |
Leadership & Key People
Officers and directors from IRS filings
Foundation for the Advancement of the Arts is led by Ravi Kulkarni, President on every filing since 2020; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
Ravi Kulkarni
President
On filings since 2020
3 hrs/week
No compensation reported
Amarjit Shastri
Vice President
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Rajendra Kulkarni (2020) — Vice President
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Foundation for the Advancement of the Arts
How much does Foundation for the Advancement of the Arts give each year?
Foundation for the Advancement of the Arts gave $92K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $75K across 2 grants.
What is Foundation for the Advancement of the Arts's typical grant size?
Foundation for the Advancement of the Arts's median grant in 2023 was $26,500, and its average grant was $30,750, across 3 grants on its 2023 IRS Form 990-PF.
Where does Foundation for the Advancement of the Arts give grants?
Foundation for the Advancement of the Arts gives mostly in Indiana: 69% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Maryland (29%).
Does Foundation for the Advancement of the Arts give general operating support?
Not in 2023: none of the 3 grants with a stated purpose on Foundation for the Advancement of the Arts's 2023 IRS Form 990-PF were described as general or operating support.
How large is Foundation for the Advancement of the Arts?
Foundation for the Advancement of the Arts reported $12K in total assets on its 2023 IRS Form 990-PF.
What is Foundation for the Advancement of the Arts's EIN?
Foundation for the Advancement of the Arts's EIN (Employer Identification Number) is 11-3174234. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in Foundation for the Advancement of the Arts's focus areas in our free grants database
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