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Stella and Charles Guttman Foundation, Inc.

Profile

Last Updated: 2016-08-16

At A Glance

Stella and Charles Guttman Foundation, Inc.

122 E. 42nd St. Ste. 2010

New York City, NY United States 10168-2101

Telephone: (212) 371-7082

URL: www.guttmanfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $25,831,970

Total giving: $2,157,500

EIN

136103039

BRIDGE Number

2232133892

Background

Incorporated in 1959 in NY - The Stella and Charles Guttman Foundation was organized by Charles Guttman, a successful New York businessman with a profound social conscience. After amassing wealth, Mr. Guttman concerned himself with the causes of those less fortunate. Upon his death, Charles and his wife Stella Guttman left all their assets to the foundation

Purpose and Activities

In 2014, the Stella and Charles Guttman Foundation directed a substantial portion of its grantmaking to programs that serve low income infants, toddlers and preschoolers as they transition to kindergarten. Special emphasis is placed on programs that improve quality, expand services and create a strong continuum of care for children ages 0-3 in high-need neighborhoods. Strategic investments in early childhood programs include the expansion of evidence-based home visiting programs, infant health and mental health programs and professional development for center-based teachers, as well as home-based caregivers. The Foundation is also committed to fund programs in neighborhoods with high levels of poverty and a large concentration of public housing. In addition to early childhood programs, the Foundation will support programs that work to build a network of education, health and social services for children from birth through college graduation. The Foundation also supports place-based efforts in neighborhoods with high levels of poverty and a large concentration of public housing. Place-based strategies are primarily led by an anchor organization that facilitates the transformation of fragmented services into a coordinated network of education, health and social services for children and their families. The Foundation may also fund a limited number of programs of merit that will promote student success at the City University of New York. Because the Guttmans spent their lives in New York City, and directed the majority of their charitable contributions to local projects, it is the policy of the Foundation to direct its grants to organizations providing services in New York City. In addition, grants to organizations outside of New York City's five boroughs will not be considered. .

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Early Care and Education

Support may include the expansion of evidence-based home visiting programs, infant health and mental health programs and professional development for center-based teachers, as well as home-based caregivers.

Fields of Interest

Subjects
  • Early childhood education
Population Groups
  • Academics
  • Children
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $25,831,970 (market value)

Expenditures: $2,892,309

Total giving: $2,157,500

Qualifying distributions: $2,157,500

Giving activities include:

$2,157,500 for 18 grants (high: $150,000