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The Presser Foundation

Profile

Last Updated: 2016-07-22

At A Glance

The Presser Foundation

1501 Cherry St.

Philadelphia, PA United States 19102-1403

Telephone: (267) 519-5350

URL: www.presserfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-06-30)

Assets: $67,250,092

Total giving: $3,138,212

EIN

232164013

BRIDGE Number

5067065343

Additional Contact Information

E-mail for Teresa Araco Rodgers, Exec. Dir.: trodgers@presserfoundation.org; E-mail for Janine Baschoff, Grants Mgr.: jbaschoff@presserfoundation.org

Background

Founded in 1916; incorporated in 1939 in PA

Purpose and Activities

Giving primarily to: 1) promising undergraduate and graduate students of music through grants to accredited institutions in the U.S.; 2) enhance music education and performance by supporting the acquisition of musical equipment and instruments and the construction and renovation of suitable buildings for musical instruction and performance; 3) advance the study and appreciation of music by aiding the promotion of formal musical programs and projects; and 4) provide financial relief to worthy teachers of music in distress.

Program Area(s)

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

Grants to Individuals Program

Grants for undergraduate and graduate students of music for attendance at accredited institutions in the U.S. Financial relief to worthy teachers of music in distress.

Program-Related Investment

Historically, the foundation has made PRIs to a music publishing company.

Fields of Interest

Subjects
  • Arts education
  • Education
  • Higher education
  • Music
  • Undergraduate education
  • University education
Population Groups
  • Academics

Financial Data

Year ended 2015-06-30

Assets: $67,250,092 (market value)

Gifts received: $2,102,560

Expenditures: $2,360,307

Total giving: $3,138,212

Qualifying distributions: $3,331,560