Funder DirectoryTHE PAESTUM FOUNDATION INC
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Private foundation (trust)EIN 134082016Est. 1999-12

THE PAESTUM FOUNDATION INC

NEW YORK, NY 10020

Total Assets

$70.3M

FY 2023

Annual Giving

$100K

FY 2023

Grants Made

1

FY 2023

Avg Grant

$100K

FY 2023

Grant Range

$100K–$100K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$96K

The foundation acquires and maintains a collection of works of art and photographs for exhibition and loan to museums at no charge to encourage knowledge and appreciation of art, irrespective of its medium. During the year, approximately 80% of the foundation's art collection was on loan to yale university.

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$5.9M

Total Expenses

$1.1M

Qualifying Distributions

$198K

Distributable Amount

$2.4M

Min. Investment Return

$2.5M

Undistributed Income

$2.0M

Payout rate 8%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.8%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

3 years

Giving over time from 2019 to 2023. Peak $1.7M in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

4 grants

FIDELITY CHARITABLE
$2.5M
2 grants
YALE UNIVERSITY ART GALLERY
$876K
1 grant
WILLIAM J BRENNAN JR CENTER FOR JUSTICE INC
$100K
1 grant

Grant Size Distribution

4 grants

<$10K
$10–50K
$50–250K
1
grants
$250K–1M
2
grants
$1–5M
1
grants
$5M+

Geographic Focus

3 states

Ohio
$2.5M
72% of total
Connecticut
$876K
25% of total
New York
$100K
3% of total

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THE PAESTUM FOUNDATION INC — Grants, Financials & Contact | Grantivo