Modern Artlife Foundation is a private foundation focused on Arts, Culture & Humanities, based in MONTVALE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it made $646K in qualifying distributions. Net investment income was $18K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+40.7% YoY
Revenue
$3.0M
+98.9% YoY
Qualifying Distributions
$646K
-46.7% YoY
Expenses
$2.7M
+62.5% YoY
About Modern Artlife Foundation
Based on IRS filings
Modern Artlife Foundation is a private foundation focused on Arts, Culture & Humanities, based in MONTVALE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it made $646K in qualifying distributions. Net investment income was $18K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,232,310 | $875,623 | $1,030,560 |
| Revenue | $3,035,173 | $1,526,097 | $2,892,261 |
| Expenses | $2,731,418 | $1,680,401 | $2,157,560 |
| Qualifying Distributions | $645,536 | $1,211,285 | $1,421,956 |
| Net Investment Income | $17,591 | $189 | $160 |
| 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 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SOFIA KAPKOV | DIR./PRESIDENT | 40 | $179,428 |
| LISA ROZOV | Director | 5 | $32,594 |
| ANASTASIA GUDKOVA | Director | 25 | $69,707 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Modern Artlife Foundation?
Modern Artlife Foundation is a private foundation focused on Arts, Culture & Humanities, based in MONTVALE, NJ. It holds $1.2M in total assets as of 2024.
How large is Modern Artlife Foundation?
As of 2024, Modern Artlife Foundation holds $1.2M in total assets with $3.0M in annual revenue.
Where does Modern Artlife Foundation operate?
Modern Artlife Foundation has awarded grants in New York.
What is Modern Artlife Foundation's EIN?
Modern Artlife Foundation's EIN (Employer Identification Number) is 61-1865805. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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