Teiger Foundation
- Assets
- $137.3m
- Revenue
- $2.9m
- Investments
- $120.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2009
- Data as of
- 06/2022
- EIN
- 26-3533921
Organization Overview
Teiger Foundation is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Teiger 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 06/2022, Teiger Foundation generated $2.9m in total revenue. All expenses for the organization totaled $11.3m during the year ending 06/2022. While expenses have increased by 91.1% per year over the past 7 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 2015, Teiger Foundation has awarded 54 individual grants totaling $19,860,644. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Silberman See Stmt 14 President | 1 | $0 | |
Joel Wachs Treasurer & Secretary | 1 | $0 | |
Gary Garrels Director | 1 | $0 | |
Kati Lovaas Director | 1 | $0 | |
Yasmil Raymond Director | 1 | $0 | |
Larissa R Harris Executive Director | 40 | $227,420 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Summit Rock Advisors Llc | 6/29/22 | $513,646 |
Aperio Group Llc | 6/29/22 | $52,692 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $75 |
| Dividends & Interest | $1,100,852 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,803,934 |
| Capital Gain Net Income | $1,813,478 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,904,861 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $227,420 |
| Other employee salaries and wages | $68,834 |
| Pension plans, employee benefits | $109,085 |
| Interest | $0 |
| Taxes | $146,798 |
| Depreciation | $0 |
| Occupancy | $79,485 |
| Travel, conferences, and meetings | $17,628 |
| Printing and publications | $260 |
| Other expenses | $123,035 |
| Total operating and administrative expenses | $1,581,137 |
| Contributions, gifts, grants paid | $9,728,544 |
| Total expenses and disbursements | $11,309,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,007,053 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $85,561,822 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,741,000 |
| Total assets | $137,269,191 |
| 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, Teiger Foundation has awarded $9,728,544 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ART INTO ACRES PURPOSE: TO SUPPORT ART TO ACRES' SUSTAINED WORK ON CARBON DRAWDOWN PLANNING FOR EXHIBITIONS AND VISUAL ART ORGANIZATIONS | $50,000 |
ART SWITCH PURPOSE: SUPPORT ART / SWITCHS ANNUAL CONFERENCE SERIES [RE]FRAMING THE ARTS WITH AN EDITION ON DIGITAL SUSTAINABILITY IN THE ARTS, INCLUDING NEW TECHNOLOGIES FOR SUSTAINABLE EXHIBITIONS | $50,000 |
ART INTO ACRES PURPOSE: ART TO ACRES IS FISCAL SPONSOR FOR ARTISTS COMMIT AND ART + CLIMATE ACTION | $100,000 |
ARTISTS AT RISK PURPOSE: PERPETUUM MOBILE (PM) (AKA ARTISTS AT RISK) PLACES ARTISTS WHO HAVE HAD TO FLEE INSTABILITY, PRIMARILY FROM UKRAINE BUT ALSO AFGHANISTAN | $125,000 |
BALTIMORE MUSEUM OF ART PURPOSE: SUPPORT TO MOUNT A MOVEMENT IN EVERY DIRECTION: LEGACIES OF THE GREAT MIGRATION, CO-ORGANIZED BY BALTIMORE MUSEUM OF ART AND MISSISSIPPI MUSEUM OF ART | $50,000 |
BAXTER ST PURPOSE: GENERAL SUPPORT | $500 |