Jacques and Natasha Gelman Foundation
The Jacques and Natasha Gelman Foundation is a private grantmaking foundation established in September 2014 and based in New York City. The foundation was created to honor the legacy of Jacques and Natasha Gelman, world-renowned twentieth-century art collectors who assembled one of the most important collections of modern art, including major works by Picasso, Matisse, Frida Kahlo, and Diego Rivera.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.4M
+31.7% YoY
Grant Count
29
+7.4% YoY
Avg Grant Size
$48K
+22.6% YoY
Mission & Focus Areas
The foundation's mission is to provide support for emerging visual artists and the arts, with a broader purpose of enhancing the quality of life through support of the arts, education, and health care.
The foundation has supported:
- Museums and exhibitions
- Art scholarships
- Inner city outreach programs for high school students
- Studio space
- Public art
- Emerging visual artists, particularly those of African American and Latin American descent
Grantmaking
The foundation has awarded grants to major institutions including the Metropolitan Museum of Art, the New York Public Library, the Studio Museum in Harlem, and the School of the Art Institute of Chicago.
Grant Range
$5,000 to $500,000
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Geographic Focus
Where this funder awards grants
The foundation has a primary geographic focus on New York, Maryland, and Rhode Island, with national reach for significant projects.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets: $31.7 million (2023)
- Tax-exempt status: 501(c)(3), tax-exempt since September 2014
- EIN: 46-2953602
- Fiscal year: October
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
127 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Janet C. Neschis, Esq. is listed as the principal contact for the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JANET C NESCHIS | PRESIDENT | 30 | $185,000 |
| BARBARA CAMPISI | GRANTS MANAGER | 20 | $99,500 |
| ALISON DIAMOND | VICE-PRESIDENT | 20 | $115,000 |
Contact Information
Address: 260 Madison Avenue, 18th Floor, New York, NY 10016
Phone: (212) 448-1100
Website: www.jngf.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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