Helen Frankenthaler Foundation Inc logo

Helen Frankenthaler Foundation Inc

NEW YORK, NY EIN: 13-3244308 Website

The Helen Frankenthaler Foundation, Inc. is a not-for-profit 501(c)(3) corporation established in 1984 by artist Helen Frankenthaler to promote and encourage knowledge and appreciation of art. Based in New York, NY, the Foundation became active in 2013 following the closure of Frankenthaler's estate. As the principal beneficiary of the artist's estate, the Foundation maintains an extensive collection of her work spanning six decades across multiple mediums, including paintings, works on paper, prints, sculpture, ceramics, and set designs.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$173.2M

-1.7% YoY

Annual Giving

$14.4M

-43.1% YoY

Grant Count

105

+5.0% YoY

Avg Grant Size

$137K

-45.8% YoY

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

Mission & Focus Areas

The Helen Frankenthaler Foundation supports the artist's legacy through a variety of initiatives, including:

  • Exhibitions and loans of artworks
  • Research and publications
  • Conservation efforts
  • Grants and educational programs for the public and scholarly community
  • Publishing of a catalogue raisonné

The Foundation is dedicated to promoting greater public interest in and understanding of the visual arts.

Grantmaking

The Foundation's grant-making focuses on education, philanthropy, voluntarism, and grantmaking, with typical awards ranging from $1,500 to $5,000,000.

Grant Types

- Catalyst Grants

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Geographic Focus

Where this funder awards grants

The Foundation's grant-making is primarily concentrated in New York, California, and Maine, though it also supports international organizations and institutions.

Grant Distribution by State

37states
+29 more states

Cities

AkronAlbuquerqueAnchorageAndoverAnnandaleonhudsonArlingtonAshevilleAthensBaltimoreBar HarborBenningtonBloomingtonBooneBostonBoulderBowling GreenBridgeportBrooklynBrookylnBuffalo

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $173,182,625
  • Total Annual Giving: $14,412,827
  • Tax-Exempt Status: Since March 1985
  • EIN: 13-3244308
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$18M$27M$35M20202021202220232024
Metric202420232022
Total Assets$173,182,625$176,117,159$166,162,178
Revenue$21,156,927$19,448,818$25,227,850
Expenses$26,360,479$32,170,742$12,804,330
Qualifying Distributions$26,056,540$31,939,238$12,695,892
Net Investment Income$20,853,877$19,191,555$24,997,494
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6M$13M$19M$25M55 grants2020134 grants2021113 grants2022100 grants2023105 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

KUNSTMUSEUM BASEL$3.8MGUGGENHEIM MUSEUM BILBAO$3.5MFOUNDATION FOR CONTEMPOR…$1.3MBENNINGTON COLLEGE CORPO…$220KASHEVILLE GLASS ART SCHO…$100KCALIFORNIA COLLEGE OF TH…$100KELLIS-BEAUREGARD FOUNDAT…$100KFLINT INSTITUTE OF ARTS$100KKINOSAITO INC$100KMILWAUKEE INSTITUTE OF A…$100K

Grant Size Distribution

250 grants across all recorded years

138<$50K53$50–100K45$100–250K6$250–500K3$500K–1M5$1–5M$5M+

Open Grants

3 open opportunities from Helen Frankenthaler Foundation Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Elizabeth Smith – Executive Director
  • James Merle Thomas, PhD – Deputy Director
  • Robert Benson – Manager of Administration
  • Taylor Britz – Administrative Assistant
  • Maureen St. Onge – Director of Collections
  • Nanci Velez – Associate Registrar
  • Cecelia Barnett – Collections Manager
  • Grady O'Connor – Images, Rights, and Digital Assets Manager
  • Sarah Haug – Director of Archives and Library
  • Kristen Tivey – Associate Archivist
  • Judy Ng – Associate Archivist
  • Sarah Dziedzic – Oral Historian
  • Rachael Pullin – Manager of Educational Initiatives
  • Eugenia Bell – Manager of Publishing Initiatives
  • Douglas Dreishpoon, PhD – Director of the Helen Frankenthaler Catalogue Raisonné
  • Jessie Sentivan – Assistant Director of the Helen Frankenthaler Catalogue Raisonné
  • Stephanie Khoury – Project Associate of the Helen Frankenthaler Catalogue Raisonné
  • Valerie Rodriguez – Project Assistant of the Helen Frankenthaler Catalogue Raisonné

Compensation Overview

From 2024 IRS filing

ELIZABETH SMITHEXECUTIVE DIRECTOR$494KRICHARD ARMSTRONGDIRECTOR$9KANN PHILBINDIRECTOR$6K

From 2024 filing

NameTitleHoursCompensation
LISE MOTHERWELLCHAIR/DIRECTOR2
MICHAEL HECHTSECRETARY/TREASURER/DIRECTOR2
CLIFFORD ROSSPRESIDENT/DIRECTOR2
ELIZABETH SMITHEXECUTIVE DIRECTOR35$493,744
RICHARD ARMSTRONGDIRECTOR2$8,750
ANN PHILBINDIRECTOR2$6,250

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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