Taubman Foundation for the Arts is a private, non-operating foundation established in Virginia in 2010 and based in Roanoke, Virginia. The foundation is designated as a 501(c)(3) charitable organization and operates as a grantmaking foundation focused on supporting arts and cultural initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.2M
-5.4% YoY
Annual Giving
$1.3M
-81.7% YoY
Grant Count
8
-38.5% YoY
Avg Grant Size
$164K
-70.3% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation primarily makes operating contribution grants to its recipients.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Virginia, Pennsylvania, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total Assets: $12,172,031
- Total Revenues: $648,563
- Total Expenses: $1,326,429
- Total Liabilities: $0
- Investment Income and Dividends: $650,168
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,172,031 | $12,864,268 | $20,057,493 |
| Revenue | $648,563 | $12,694,002 | $918,229 |
| Expenses | $1,326,429 | $7,371,110 | $8,325,731 |
| Qualifying Distributions | $1,315,000 | $7,187,540 | $8,315,095 |
| Net Investment Income | $647,878 | $12,690,707 | $914,236 |
| Distributable Amount | $604,011 | $506,643 | $1,532,500 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
58 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
Officers and Directors:
- Nicholas F Taubman (President/Secretary/Treasurer)
- Eugenia L Taubman (Director/Vice President/Assistant Secretary)
- Marc E. Taubman (Officer)
- Lara L. Taubman (Officer)
- John G Rocovich Jr. (Assistant Treasurer/Director)
- Dennis A Barbour (Assistant Treasurer/Director)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NICHOLAS F TAUBMAN | PRESIDENT, SEC, TREAS | 1 | — |
| EUGENIA L TAUBMAN | VP, ASST SEC, DIRECTOR | 1 | — |
| JOHN G ROCOVICH JR | ASST TREAS, DIRECTOR | 1 | — |
| DENNIS A BARBOUR | ASST TREAS, DIRECTOR | 1 | — |
| MARC E TAUBMAN | DIRECTOR | 1 | — |
| LARA L TAUBMAN | DIRECTOR | 1 | — |
Contact Information
Address: 2965 Colonnade Drive, Suite 300, Roanoke, VA 24018-3541
Telephone: 540-777-4506
EIN: 27-3136632
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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