The Flag Art Foundation

NEW YORK, NY EIN: 26-0273135

The Flag Art Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.6M in total assets. In 2024, it awarded 7 grants totaling $208K. Net investment income was $2.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$24.6M

-0.1% YoY

Annual Giving

$208K

-60.4% YoY

Grant Count

7

-36.4% YoY

Avg Grant Size

$30K

-37.8% YoY

About The Flag Art Foundation

Based on IRS filings

The Flag Art Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.6M in total assets. In 2024, it awarded 7 grants totaling $208K. Net investment income was $2.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AustinBrooklynClevelandLong Island CityNew YorkSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$22M20202021202220232024
Metric202420232022
Total Assets$24,614,859$24,629,003$25,820,322
Revenue$2,384,064$1,083,923$20,235,601
Expenses$2,235,441$2,142,454$2,025,183
Qualifying Distributions$2,058,628$2,052,439$2,019,891
Net Investment Income$2,061,387$2,272,608$20,029,870
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$131K$263K$394K$526K2 grants20203 grants20216 grants202211 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

AMERICAN PATRONS OF THE …$126KTHE STUDIO MUSEUM IN HAR…$42KNEW YORK ACADEMY OF ART$13K92ND STREET Y NURSERY SC…$10KNEW YORK ACADEMY OF ART$10KAVENUES FOR JUSTICE INC$5KNEW YORK ROAD RUNNERS INC$1K

Grant Size Distribution

29 grants across all recorded years

24<$50K$50–100K3$100–250K2$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

From 2024 filing

NameTitleHoursCompensation
GLENN FUHRMANPRESIDENT/TREASURER5
AMANDA FUHRMANVICE PRESIDENT5
RISA DANIELSSECRETARY1
LAURA TWERSKYDIRECTOR1

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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