The American Art Foundation Inc
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 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 1 grant totaling $104K. Net investment income was $23K.
The American Art Foundation Inc at a glance
In short: The American Art Foundation Inc gave $104K across 1 grant in 2025 (avg $104K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $104,462
- +120.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $104,462
- +120.9% vs 2024
- Median grant
- $104,462
- Total assets
- $1,115,143
- -8.3% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The American Art Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Museum of Fine Arts ($104K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The American Art Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (+19%). Method
- In 2025 it paid out 204% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $47K (2024) to $226K (2023). In 2025 it made 1 grant totaling $104K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Museum of Fine Arts Boston, MA | To preserve preeminent collections and promote the work of the organization | $104,462 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,115,143 | $22,877 | $123,863 | $104,462 | 1 | $121,863 | $22,877 | $59,764 |
| 2024 | $1,216,129 | $60,647 | $75,091 | $47,295 | 1 | $73,091 | $59,263 | $60,587 |
| 2023 | $1,230,573 | $46,413 | $263,088 | $225,837 | 1 | $263,088 | $46,413 | $70,540 |
| 2022 | $1,447,248 | $2,280 | $112,913 | $87,621 | 1 | $112,913 | $2,280 | $75,967 |
| 2021 | $1,557,881 | $197 | $134,529 | $64,531 | 1 | — | — | $81,302 |
| 2020 | $1,692,213 | $746,801 | $273,886 | $193,502 | 1 | — | $678,326 | $59,837 |
Under IRS private-foundation payout rules, The American Art Foundation Inc reported a distributable amount of $60K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The American Art Foundation Inc is led by LEONARD A LAUDERDeceased, President & Trustee on the 2025 filing; 1 of 6 officers listed in 2025 is compensated.
Officers on the 2025 filing
LEONARD A LAUDERDeceased
President & Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Carol Boulanger
Vice President & Trustee
Vice President → Vice President & Trustee, 2025
On filings since 2020
1 hr/week
No compensation reported
William Lauder
Trustee
On filings since 2020
1 hr/week
No compensation reported
Meredith Edwards
Secretary
On filings since 2020
1 hr/week
$8K (2020) → $2K (2025)
Kevin Dieterich
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Lisa Somar
Assistant Secretary & Assistant Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Leonard A. Lauder (2020–2024) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $2K, to Meredith Edwards (Secretary).
Frequently asked questions about The American Art Foundation Inc
How much does The American Art Foundation Inc give each year?
The American Art Foundation Inc gave $104K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $47K across 1 grant.
How large is The American Art Foundation Inc?
The American Art Foundation Inc reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $60K (roughly 5% of its investment assets).
What is The American Art Foundation Inc?
The American Art Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in New York, NY. It holds $1.1M in total assets as of 2025.
Where does The American Art Foundation Inc operate?
The American Art Foundation Inc has awarded grants in Massachusetts.
What is The American Art Foundation Inc's EIN?
The American Art Foundation Inc's EIN (Employer Identification Number) is 13-4069969. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 1, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The American Art Foundation Inc funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
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Browse active grant opportunities in The American Art Foundation Inc's focus areas in our free grants database
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