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William S. Paley Foundation, Inc.

Profile

Last Updated: 2016-07-07

At A Glance

William S. Paley Foundation, Inc.

420 Columbus Ave., Ste. 304

Valhalla, NY United States 10595-1382

Telephone: (914) 769-5005

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Politics

Financial Data

(yr. ended 2014-12-31)

Assets: $139,775,574

Total giving: $7,525,000

EIN

136085929

BRIDGE Number

6805440313

Background

Incorporated in 1936 in NY - Founded by the late William S. Paley, who was the C.E.O. and driving force behind the growth of the Columbia broadcasting System (CBS) from a minor radio network into one of the "big three" television networks. Under his stewardship, CBS became known for their news division, with such talents and shows as Edward R. Murrow and "60 Minutes"

Purpose and Activities

Endowment funds held for and emphasis on the Museum of Television and Radio and the Greenpark Foundation (Paley Park). Support for other museums, health services, education, and cultural programs.

Fields of Interest

Subjects
  • Arts and culture
  • Education
  • Health
  • Museums
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Substance abusers

Financial Data

Year ended 2014-12-31

Assets: $139,775,574 (market value)

Expenditures: $10,215,827

Total giving: $7,525,000

Qualifying distributions: $7,819,045