Al Held Foundation Inc
- Assets
- $11.8m
- Revenue
- $883.9k
- Investments
- $4.8m
- Employees
- 0
- Location
- Boiceville, NY
- Founding
- 02/1991
- Data as of
- 12/2021
- EIN
- 13-3596614
Organization Overview
Al Held Foundation Inc is located in Boiceville, NY. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. AL Held Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, AL Held Foundation Inc generated $883.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, AL Held Foundation Inc has awarded 35 individual grants totaling $1,392,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
> CATALOGUING AND MAINTAINING THE AL HELD ART COLLECTION AND ORGANIZING, EXPANDING, AND REFINING THE HELD ARCHIVE AND RESEARCH MATERIALS FOR PUBLIC AND SCHOLARLY RESEARCH AND EXHIBITION.
> WITH ASSISTANCE AND LOANS FROM THE FOUNDATION'S ART COLLECTION THE FOUNDATION PARTICIPATED IN THE FOLLOWING GROUP AND SOLO EXHIBITIONS DURING 2021:AL HELD, KONKRET!, EMIL SCHUMACHER MUSEUM, HAGEN GERMANY, NOVEMBER 2021 TO MARCH 2022AL HELD: CORRESPONDENCE, WHITE CUBE ASPEN OFF-SITE PROJECT, ASPEN, CO, JUNE TO JUNE 2021AL HELD, SARAH MORRIS AND TAKIS, WHITE CUBE, OFF SITE PROJECT, WEST PALM BEACH, FL, JANUARY TO FEBRUARY 2021AL HELD: TRACING THE FRAGMENTS, K11 MUSEA, TSIM SHA TSUI, HONG KONG, JANUARY TO FEBRUARY 2021AL HELD: SLOW LOOKING/DEEP SEEING, WEATHERSPOON ART MUSEUM, UNIVERSITY OF NORTH CAROLINA GREENBORO, JANUARY TO JUNE 2021AL HELD: FIGURE AND FORM: STATES OF DISSOLUTION WHITE CUBE OFF SITE PROJECT, WEST PALM BEACH, FL DECEMBER 2020 TO JANUARY 2021AL HELD: THE SIXTIES, WHITE CUBE BERMONDSEY, LONDON, UK, NOVEMBER 2020 TO FEBRUARY 27, 2021AL HELD: LES MURS RECULENT MUSEE MATISSE, NICE FRANCE OCTOBER 2020 TO MARCH 31, 2021
> THE FOLLOWING IS A LISTING OF THE ON-SITE EDUCATIONAL PROGRAMS HELD DURING 2021:WATERCOLORS EXHIBIT OF AL HELD'S WATERCOLORS IN THE PAINTING STUDIO, SUMMER 2021HOLDING PATTERNS, EXHIBITION OF NEW WORK BY GABRIELA SALAZAR, CURATED BY OLGA DEKALO ORGANIZED WITH RIVER VALLEY ARTS COLLECTIVE, AUGUST TO OCTOBER 2021ON THE GROUNDS, EXHIBITION FEATURING OUTDOOR SCULPTURE WORK BY JOY CURTIS, PAM LINS, CHRISTINA TENAGLIA: JUNE TO OCTOBER 2021SONG-SHAPED SILL EXHIBITION BY CHRIS DOMINICK: IN THE DRAWING STUDIO ORGANIZED BY RIVER VALLEY ARTS COLLECTIVE, APRIL TO JUNE 2021
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Belasco Executive Director | 40 | $152,489 | |
Mara Held President/director | 40 | $143,082 | |
Chad Ferber Registrar/archivist | 40 | $107,926 | |
Eugene Benson Collections Manager | 40 | $93,543 | |
Lilian Slezak Operations Manager | 40 | $66,080 | |
Richard Armstrong Secretary/vice President/director | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $72,615 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $792,862 |
| Capital Gain Net Income | $792,862 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,420 |
| Total Revenue | $883,913 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $173,082 |
| Other employee salaries and wages | $442,216 |
| Pension plans, employee benefits | $43,832 |
| Interest | $0 |
| Taxes | $51,176 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $321 |
| Printing and publications | $0 |
| Other expenses | $229,374 |
| Total operating and administrative expenses | $965,618 |
| Contributions, gifts, grants paid | $97,450 |
| Total expenses and disbursements | $1,063,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,685 |
| Savings and temporary cash investments | $496,301 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $871,106 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,632,477 |
| Total assets | $11,809,556 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Al Held Foundation Inc has awarded $97,450 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Katonah, NY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $40,000 |
New York, NY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $25,000 |
New York, NY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $10,000 |
Brooklyn, NY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $5,000 |
NXTHVN PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $5,000 |
BOICEVILLE'S RESERVOIR FOOD PANTRY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |