Form 990-PF for tax year 2024
Filed by FOUNDATION FOR ARTS INITIATIVES.
Totals
- Total revenue
- $2,298,123
- Total expenses
- $1,703,329
- Contributions and grants received
- not reported
- Contributions, gifts and grants paid
- $1,030,000
- Fair market value of assets, end of year
- $32,961,545
Listed in Part VIII
-
Vasif KortunVASIF KORTUN
CHAIRPERSON, TREASURER & BOARD MEMBER
- Total calculated
- $15,000
- Compensation
- $15,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 20
-
Manuel J Borja-VillelMANUEL J BORJA-VILLEL
BOARD MEMBER
- Total calculated
- $10,000
- Compensation
- $10,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
-
Zoe ButtZOE BUTT
BOARD MEMBER
- Total calculated
- $10,000
- Compensation
- $10,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
-
Frederick B HenryFREDERICK B HENRY
BOARD MEMBER
- Total calculated
- $10,000
- Compensation
- $10,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
-
Koyo KouohKOYO KOUOH
BOARD MEMBER (THROUGH MAY 10,2025)
- Total calculated
- $0
- Hours/week
- 5
-
Maria LindMARIA LIND
BOARD MEMBER
- Total calculated
- $10,000
- Compensation
- $10,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
-
Alessandro PettiALESSANDRO PETTI
BOARD MEMBER
- Total calculated
- $10,000
- Compensation
- $10,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
-
Ann PhilbinANN PHILBIN
BOARD MEMBER
- Total calculated
- $10,000
- Compensation
- $10,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
-
Sabina SabolovicSABINA SABOLOVIC
BOARD MEMBER
- Total calculated
- $10,000
- Compensation
- $10,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
-
William WellsWILLIAM WELLS
BOARD MEMBER
- Total calculated
- $10,000
- Compensation
- $10,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 5
-
Joan WeakleyJOAN WEAKLEY
SECRETARY
- Total calculated
- $138,000
- Compensation
- $138,000
- Benefit plans
- $0
- Expense account
- $0
- Hours/week
- 50
Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.
Grants paid on this return
- Grants paid, cash basis (Part I, line 25, column (d))
- $1,000,000
- As filed, and sometimes filed as 0.
- Grants paid, Part XV total (line 3a)
- $1,000,000
- The foundation's own total of the grants it itemizes.
These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the accrual method, under which a grant is recorded when the foundation commits to it rather than when it pays, so the books total need not agree with the cash figures in this section: a grant promised one year and paid in another is counted in different years.
-
THE LEBANESE ASSOCIATION FOR PLASTIC ARTS ASHKAL ALWAN
$60,000
BEIRUT
INSTITUTIONAL SUPPORT
-
DECOLONIZING ARCHITECTURE ART RESIDENCY
$50,000
BEIT SAHOUR
GENERAL ACTIVITIES AND PROGRAM SUPPORT
-
INSTITUTE OF RADICAL IMAGINATION
$50,000
NAPLES
INSTITUTIONAL SUPPORT
-
AM QATTAN FOUNDATION
$35,000
AL-TIRA-RAMALLAH
28 MAGAZINE GENERAL ACTIVITIES AND PROGRAMS
-
AL MA'MAL FOUNDATION FOR CONTEMPORARY ART
$30,000
JERUSALEM
INSTITUTIONAL SUPPORT
-
ARAB IMAGE FOUNDATION INC
$30,000
BROOKLYN, NY
GENERAL ACTIVITIES AND PROGRAM SUPPORT
-
CRITICAL ART AND MEDIA PRACTICES
$30,000
MUMBAI
NEW DIRECTIONS FOR ANNOTATED FOOTAGE ARCHIVE PAD.MA
-
DAR JACIR
$30,000
NEW YORK, NY
GENERAL ACTIVITIES AND PROGRAM SUPPORT
-
ESPACIO DE INVESTIGACIONES FEMINISTAS
$30,000
MADRID
GENERAL ACTIVITIES AND PROGRAM SUPPORT
-
INSTITUTO CULTURAL ISRAELITA BRASILEIRO
$30,000
BOM RETIRO, SAO P
CASA DO POVO GENERAL ACTIVITIES AND PROGRAMS
The 10 largest to organizations. The API serves every grant row.
32 grants to individuals, $240,000 in total. Counted where the foundation named the recipient as a person or marked it as an individual, as filed. Who received them, where, and why are not published.
Provenance
- Return type
- form_990_pf
- Tax year
- 2024
- Filed
- 14 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601959349100115
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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