Meserve-Kunhardt Foundation Inc

Organization Overview

Meserve-Kunhardt Foundation Inc, operating under the name The Gordon Parks Foundation, is located in Pleasantville, NY. The organization was established in 2006. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Gordon Parks Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gordon Parks 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 12/2021, Gordon Parks Foundation generated $5.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Gordon Parks Foundation has awarded 14 individual grants totaling $107,500. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PERMANENTLY PRESERVES THE WORK OF GORDON PARKS, MAKES IT AVAILABLE TO THE PUBLIC THROUGH EXHIBITIONS, BOOKS AND ELECTRONIC MEDIA, AND SUPPORTS ARTISTIC AND EDUCATIONAL ACTIVITIES THAT ADVANCE WHAT PARKS DESCRIBED AS "THE COMMON SEARCH FOR A BETTER LIFE AND A BETTER WORLD ." THE FOUNDATION'S EXHIBITION SPACE PRESENTS EXHIBITIONS ON GORDON PARKS AND OTHER ARTISTS WORKING WITHIN THE THEMES OF SOCIAL JUSTICE, AS PART OF THE FOUNDATION'S COMMITMENT TO EDUCATING THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION COLLABORATES WITH MUSEUMS THROUGHOUT THE WORLD TO PRODUCE FOCUSED EXHIBITIONS ON PARKS' WORKS AND PUBLISHES BOOKS. IN ADDITION, THE FOUNDATION CONTINUES TO CATALOGUE AND PRESERVE THE WORK OF GORDON PARKS.


THE FOUNDATION PROVIDES SCHOLARSHIP GRANTS TO STUDENTS FROM EIGHT PARTNER INSTITUTIONS AND FELLOWSHIP GRANTS TO PROMISING PHOTOGRAPHERS, FILMMAKERS, VISUAL ARTISTS, WRITERS AND MUSICIANS WORKING WITHIN THE THEMES OF SOCIAL JUSTICE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Marisa Cardinale
Outside Photo Sales
$163,882
Mje Contracting Llc
Office Renovation
$158,836
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $208,100
All other contributions, gifts, grants, and similar amounts not included above$703,611
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$911,711
Total Program Service Revenue$3,982,802
Investment income $270,865
Tax Exempt Bond Proceeds $0
Royalties $129,037
Net Rental Income $46,200
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,340,615

Grants Awarded

Over the last fiscal year, Meserve-Kunhardt Foundation Inc has awarded $60,000 in support to 7 organizations.

Grant RecipientAmount

KANSAS STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Manhattan, KS

PURPOSE: SCHOLARSHIPS

$10,000

NEW YORK UNIVERSITY - TISCH SCHOOL OF THE ARTS

Org PageRecipient Profile

New York, NY

PURPOSE: SCHOLARSHIPS

$10,000

HARVARD UNIVERSITY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: SCHOLARSHIPS

$10,000

THE PURCHASE COLLEGE FOUNDATION

Org PageRecipient Profile

Purchase, NY

PURPOSE: SCHOLARSHIPS

$7,500

NATIONAL YOUNGARTS FOUNDATION

Org PageRecipient Profile

Miami, FL

PURPOSE: SCHOLARSHIPS

$7,500

FASHION INSTITUTE OF TECHNOLOGY

PURPOSE: SCHOLARSHIPS

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Meserve-Kunhardt Foundation Inc has recieved totaling $825,174.

Awarding OrganizationAmount
Kohlberg Foundation Inc

Armonk, NY

PURPOSE: GORDON PARKS PROGRAMMING, ART AND ACTIVISM PROJECT

$250,000
Kohlberg Foundation Inc

Armonk, NY

PURPOSE: GORDON PARKS PROGRAMMING, ART AND ACTIVISM PROJECT

$250,000
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Arts & Culture

$100,000
Ford Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$100,000
Rice Family Foundation

Bedford, NY

PURPOSE: GENERAL

$50,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: ARTS AND CULTURE

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,561,054
Earnings$2,734,385
Net Contributions$2,250,000
Ending Balance$20,545,439

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