The Flag Art Foundation
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.
Key facts about The Flag Art Foundation
- EIN
- 26-0273135
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $208,027
- Grants made (2024)
- 7
- Average grant
- $29,718
- Median grant
- $10,000
- Total assets
- $24,614,859
- Primary geography
- New York (39% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Flag Art Foundation funds
By grant dollars, the top recipient states for The Flag Art Foundation's 7 itemized 2024 grants were New York (39%). The most frequent recipient cities were New York, NY (6 grants). None of its 7 grants with a stated purpose were described as general or operating support.
How The Flag Art Foundation gives
- Giving grew 670% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Flag Art Foundation
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include American Patrons of the National Library and Galleries ($126,202), The Studio Museum in Harlem ($42,200), New York Academy of Art ($23,380 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN PATRONS OF THE NATIONAL LIBRARY AND GALLERIES | SUPPORT OF ART EXHIBITION: ANDY GOLDSWORTHY | $126,202 |
| THE STUDIO MUSEUM IN HARLEM New York, NY | TO CREATE TRANSFORMATIVE PROGRAMMING AND FOSTER THE WORKS OF VISIONARY ARTISTS | $42,200 |
| NEW YORK ACADEMY OF ART New York, NY | SUPPORT OF TRIBECA BALL 2024 | $13,380 |
| 92ND STREET Y NURSERY SCHOOL New York, NY | 92NY NURSERY SCHOOL ANNUAL BENEFIT CORPORATE SPONSORSHIP | $10,000 |
| NEW YORK ACADEMY OF ART New York, NY | SUPPORT OF TAKE HOME A NUDE 2024 | $10,000 |
| AVENUES FOR JUSTICE INC New York, NY | 14TH ANNUAL BAER FAXT GOLF INVITATIONAL | $5,000 |
| NEW YORK ROAD RUNNERS INC New York, NY | 2024 GRIDIRON CLASSIC | $1,245 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Glenn Fuhrman | President/Treasurer | 5 | — |
| Amanda Fuhrman | Vice President | 5 | — |
| Risa Daniels | Secretary | 1 | — |
| Laura Twersky | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Flag Art Foundation?
The Flag Art Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $24.6M in total assets as of 2024.
How large is The Flag Art Foundation?
As of 2024, The Flag Art Foundation holds $24.6M in total assets with $2.4M in annual revenue. It awarded 7 grants totaling $208K in 2024.
Where does The Flag Art Foundation operate?
The Flag Art Foundation has awarded grants in California, New York, Ohio, Texas.
What size grants does The Flag Art Foundation award?
In 2024, The Flag Art Foundation awarded 7 grants totaling $208K — an average of about $30K per grant, based on its IRS Form 990 filings.
What is The Flag Art Foundation's EIN?
The Flag Art Foundation's EIN (Employer Identification Number) is 26-0273135. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.