Albertine Foundation
- Assets
- $5.5m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 06/1956
- Data as of
- 12/2022
- EIN
- 13-6165672
Organization Overview
Albertine Foundation is located in New York, NY. The organization was established in 1956. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Albertine Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albertine Foundation 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 12/2022, Albertine Foundation generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $3.2m during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Albertine Foundation has awarded 338 individual grants totaling $3,844,944. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING FRENCH-AMERICAN CULTURAL EXCHANGE IN EDUCATION AND THE ARTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRANSATLANTIC RESEARCH PARTNERSHIP SUPPORTS NEW COLLABORATIONS AND THE MOST INNOVATIVE PROJECTS BETWEEN PROMISING YOUNG RESEARCHERS IN FRANCE AND THE UNITED STATES. THE THOMAS JEFFERSON FUND AIMS TO FOSTER FORWARD-LOOKING COLLABORATIVE RESEARCH IN THE FIELDS OF HUMANITIES AND SOCIAL SCIENCES, OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS AND OF SCIENCE FOR SOCIETY THAT ADDRESSES THE MOST PRESSING GLOBAL CHALLENGES.
OUI DESIGN, FACE CONTEMPORARY THEATER, FUSED: FRENCH US EXCHANGE IN DANCE, JAZZ & NEW MUSIC, KID'S TRAIL, FACE CONTEMPORARY MUSIC, FRENCH HERITAGE LANGUAGE PROGRAM, FRENCH IMMERSION, FRENCH VOICE, FILMS ON THE GREEN, NIGHT OF IDEAS, PARTNER UNIVERSITY FUND, PARTNER UNIVERSITY FUND/COVID19-TRANSTITIONING VIRTUAL EXCHANGE, ALBERTINE CINEMATHEQUE FESTIVAL, COMMUNITY COLLEGE IN FRANCE, FACE IN CHICAGO, FACE IN LOS ANGELES.
THE FRENCH DUAL LANGUAGE FUND (INCLUDING FDLP-NY) PROVIDES HIGH-QUALITY BILINGUAL EDUCATION TO CHILDREN IN PUBLIC SCHOOLS ACROSS THE U.S.
ETANT DONNES CONTEMPORARY ART AIMS TO STRENGTHEN TIES BETWEEN FRANCE AND THE U.S. IN THE FIELD OF CONTEMPORARY ART BY FOSTERING ACTIVE COLLABORATION AND ENCOURAGING LONG-LASTING PARTNERSHIPS BETWEEN FRENCH VISUAL ARTISTS, CURATORS, AND COLLECTIVES AND AMERICAN CURATORS AND CULTURAL INSTITUTIONS. THE FUND SUPPORTS THE DISCOVERY OF EMERGING TALENTS, WHILE ALSO SUSTAINING INTEREST IN ESTABLISHED ARTISTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Pagni Chairman | OfficerTrustee | 4 | $0 |
Xavier Volatier Treasurer | OfficerTrustee | 4 | $0 |
Adrienne Halpern Secretary | OfficerTrustee | 4 | $0 |
Alain Bernard Trustee | Trustee | 1 | $0 |
Clemence Boissonnas-Molin Trustee | Trustee | 1 | $0 |
Pierre-Olivier Bouee Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,415,379 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,751,198 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,166,577 |
| Total Program Service Revenue | $0 |
| Investment income | $17,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $439 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,184,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $929,147 |
| Grants and other assistance to domestic individuals. | $25,575 |
| Grants and other assistance to Foreign Orgs/Individuals | $513,586 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,200 |
| Compensation of current officers, directors, key employees. | $67,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,422 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,197 |
| Payroll taxes | $11,361 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,524 |
| Fees for services: Accounting | $76,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,575 |
| Fees for services: Other | $4,672 |
| Advertising and promotion | $3,200 |
| Office expenses | $16,653 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,222 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,624 |
| All other expenses | $1,388,642 |
| Total functional expenses | $3,158,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,071,629 |
| Savings and temporary cash investments | $3,171,389 |
| Pledges and grants receivable | $75,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $36,473 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,134,768 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,489,259 |
| Accounts payable and accrued expenses | $34,099 |
| Grants payable | $180,786 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $214,885 |
| Net assets without donor restrictions | $354,852 |
| Net assets with donor restrictions | $4,919,522 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,489,259 |
Grants Awarded
Over the last fiscal year, Albertine Foundation has awarded $884,147 in support to 73 organizations.
| Grant Recipient | Amount |
|---|---|
ARTPARK & COMPANY PURPOSE: ARTISTIC PROGRAM | $10,000 |
ACADIANA CENTER FOR THE ARTS PURPOSE: EDUCATION PROGRAM | $22,000 |
AMERICAN DANCE FESTIVAL PURPOSE: EDUCATION PROGRAM | $10,000 |
CARNEGIE INSTITUTE PURPOSE: LITERARY PROGRAM | $12,500 |
AKASHIC BOOKS LTD PURPOSE: LITERARY PROGRAM | $6,000 |
BABSON COLLEGE PURPOSE: EDUCATION PROGRAM | $10,000 |