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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
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 | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 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 include American Patrons of the National Library and Galleries ($126,202), The Studio Museum in Harlem ($42,200), New York Academy of Art ($13,380).
| Recipient | Purpose | Amount |
|---|---|---|
| 92ND STREET Y NURSERY SCHOOL NEW YORK, NY | 92NY NURSERY SCHOOL ANNUAL BENEFIT CORPORATE SPONSORSHIP | $10,000 |
| AMERICAN PATRONS OF THE NATIONAL LIBRARY AND GALLERIES | SUPPORT OF ART EXHIBITION: ANDY GOLDSWORTHY | $126,202 |
| AVENUES FOR JUSTICE INC NEW YORK, NY | 14TH ANNUAL BAER FAXT GOLF INVITATIONAL | $5,000 |
| NEW YORK ACADEMY OF ART NEW YORK, NY | SUPPORT OF TRIBECA BALL 2024 | $13,380 |
| NEW YORK ACADEMY OF ART NEW YORK, NY | SUPPORT OF TAKE HOME A NUDE 2024 | $10,000 |
| NEW YORK ROAD RUNNERS INC NEW YORK, NY | 2024 GRIDIRON CLASSIC | $1,245 |
| THE STUDIO MUSEUM IN HARLEM NEW YORK, NY | TO CREATE TRANSFORMATIVE PROGRAMMING AND FOSTER THE WORKS OF VISIONARY ARTISTS | $42,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in The Flag Art Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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