Frederick Loewe Foundation Inc

NEW YORK, NY EIN: 13-6111444 Website

The Frederick Loewe Foundation is a private foundation established in 1956 by composer Frederick Loewe and incorporated as a New York non-profit corporation. The foundation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Upon Loewe's death in 1988, he bequeathed ownership of his copyrights to the Foundation, including his interests in the musicals and songs he wrote with lyricist Alan Jay Lerner.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.3M

+6.9% YoY

Annual Giving

$697K

-10.8% YoY

Grant Count

-9.7% YoY

Avg Grant Size

$25K

-1.2% YoY

Under IRS private-foundation payout rules, Frederick Loewe Foundation Inc reported a distributable amount of $795K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Frederick Loewe Foundation makes grants intended to:

Protect and preserve Frederick Loewe's musical legacy
Expand public awareness of the composer and his music
Support music education
Encourage musical theater

The foundation gives primarily for the arts, particularly theater, and education.

Grantmaking

The Frederick Loewe Foundation makes grants of up to $800,000 annually. In 2023, the foundation made 32 grants.

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Geographic Focus

Where this funder awards grants

The foundation is based in New York, NY and appears to focus on funding organizations in the New York area.

Grant Distribution by State

New York $3.1M (93%)

North Carolina $61K (2%)

District of Columbia $60K (2%)

Connecticut $43K (1%)

Ohio $28K (1%)

Texas $25K (1%)

California $15K (0%)

States

California Connecticut District of Columbia North Carolina New York Ohio Texas

Cities

BronxDallasIndependenceNew YorkRedlandsWashingtonWaterfordWest HartfordWilmington

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2023:

Total Assets: $14,309,974
Total Revenues: $1,968,123
Total Expenses: $1,376,013
Total Liabilities: $0
Number of Employees: 1

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$15,290,813	$14,309,974	$13,717,864
Revenue	$2,302,041	$1,968,123	$1,899,583
Expenses	$1,321,202	$1,376,013	$1,149,276
Qualifying Distributions	$971,088	$1,046,945	$817,736
Net Investment Income	$1,968,084	$1,661,292	$1,574,742
Distributable Amount	$794,823	$712,999	$700,686

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

153 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Save the Music ($110,000), New York City Center - Encores ($90,000), Thalian Hall Center for the Performing Artss Pied Piper Program ($61,009).

Recipient	Purpose	Amount
ENTERTAINMENT COMMUNITY FUND NEW YORK, NY	GENERAL PURPOSES	$10,000
AMERICAN FRIENDS OF HEBREW UNIVERSITY - TO SUPPORT MUSICAL THEATER DEPT NEW YORK, NY	GENERAL PURPOSES	$50,780
ASCAP FOUNDATION - LOEWE SCHOLARSHIP FUND NEW YORK, NY	GENERAL PURPOSES	$2,500
BANG GROUP NEW YORK, NY	GENERAL PURPOSES	$5,000
MANHATTAN SCHOOL OF MUSIC NEW YORK, NY	GENERAL PURPOSES	$3,000
CIRCLE IN THE SQUARE THEATER SCHOOL NEW YORK, NY	GENERAL PURPOSES	$7,500
DRAMATIST GUILD FOUNDATION - FREDERICK LOEWE AWARD NEW YORK, NY	GENERAL PURPOSES	$10,000
THALIAN HALL CENTER FOR THE PERFORMING ARTSS PIED PIPER PROGRAM WILMINGTON, NC	GENERAL PURPOSES	$61,009
EUGENE O'NEILL THEATER CENTER WATERFORD, CT	GENERAL PURPOSES	$7,500
HB PLAYWRIGHTS FOUNDATION INC NEW YORK, NY	GENERAL PURPOSES	$12,500

Leadership & Key People

Leadership team and compensation from IRS filings

Emily Altman has served as President of the Foundation since November 2013.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EMILY ALTMAN	PRESIDENT	40	$267,404
DARA ALTMAN	VICE PRESIDENT	2	—
DAVI LENNON	BOARD MEMBER	1	—
MICHAEL LENNON	BOARD MEMBER	1	—
DOUGLAS COBLENS	TREASURER	4.5	—

Contact Information

Email: [email protected]

Phone: 212-697-6900

Website: loewefoundation.org

Frequently Asked Questions

What does Frederick Loewe Foundation Inc fund?

The Frederick Loewe Foundation makes grants intended to: • Protect and preserve Frederick Loewe's musical legacy • Expand public awareness of the composer and his music • Support music education • Encourage musical theater The foundation gives primarily for the arts, particularly theater, and education.

How do I apply for a grant from Frederick Loewe Foundation Inc?

The Frederick Loewe Foundation makes grants of up to $800,000 annually. In 2023, the foundation made 32 grants. • New York Stage and Film Company: $25,000 (General Purposes) • The Musical Theater Project: $15,000 (General Purposes) • Entertainment Community Fund: $10,000 (General Purposes) • Hunter College Foundation: Dance Studio Renovation The foundation has supported project expenses for the Brigadoon cast album recording, which preserved the new cast album recording on CD for Lerner & Loewe…

Where does Frederick Loewe Foundation Inc make grants?

The foundation is based in New York, NY and appears to focus on funding organizations in the New York area.

What size grants does Frederick Loewe Foundation Inc award?

In 2024, Frederick Loewe Foundation Inc awarded 28 grants totaling $697K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is Frederick Loewe Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frederick Loewe Foundation Inc reported a distributable amount of $795K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frederick Loewe Foundation Inc's EIN?

Frederick Loewe Foundation Inc's EIN (Employer Identification Number) is 13-6111444. IRS Form 990 filing data is available on this page for 2020–2024.