The American Art Foundation Inc

NEW YORK, NY EIN: 13-4069969

The American Art Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $47K. Net investment income was $59K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-1.2% YoY

Annual Giving

$47K

-79.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$47K

-79.1% YoY

About The American Art Foundation Inc

Based on IRS filings

The American Art Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grants totaling $47K. Net investment income was $59K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Boston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$205K$411K$616K$821K20202021202220232024
Metric202420232022
Total Assets$1,216,129$1,230,573$1,447,248
Revenue$60,647$46,413$2,280
Expenses$75,091$263,088$112,913
Qualifying Distributions$73,091$263,088$112,913
Net Investment Income$59,263$46,413$2,280
Distributable Amount$60,587$70,540$75,967

Giving Over Time

Total grant dollars and number of grants per year

$0$56K$113K$169K$226K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

MUSEUM OF FINE ARTS$47K

Grant Size Distribution

5 grants across all recorded years

1<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MEREDITH EDWARDSSECRETARY$2K

From 2024 filing

NameTitleHoursCompensation
LEONARD A LAUDERPRESIDENT1
CAROL BOULANGERVICE PRESIDENT1
KEVIN DIETERICHTREASURER1
MEREDITH EDWARDSSECRETARY1$2,100
WILLIAM LAUDERTRUSTEE1
LISA SOMARASST SECRETARY/ASST TREASURER1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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