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The Shubert Foundation, Inc.

Profile

Last Updated: 2016-09-04

At A Glance

The Shubert Foundation, Inc.

234 W. 44th St.

New York City, NY United States 10036-3909

Telephone: (212) 944-3777

URL: www.shubertfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Entertainment; Politics

Financial Data

(yr. ended 2015-05-31)

Assets: $581,506,157

Total giving: $24,025,000

EIN

136106961

BRIDGE Number

3261376491

Background

Incorporated in 1945 in DE as the Sam S. Shubert Foundation; current name adopted in 1971 - Founded by the late Jacob J. and Levi "Lee" Shubert, Polish-born American brothers who, with a younger brother Sam, established the largest theater empire in the 20th century. In 1970, the foundation's assets were doubled by amounts received through the estate of Lee Shubert, who died in 1953. As the principal beneficiary of the estate of J.J. Shubert, in 1972 the foundation received the shares of the various companies controlled by the Shuberts. The Shubert Foundation, Inc., is the sole shareholder of the Shubert Organization, Inc., which owns and operates numerous theaters across the U.S.

Purpose and Activities

To build and perpetuate the live performing arts, particularly the professional theater, in the United States. Emphasis is on theater and a secondary focus on dance. Support for theatrical organizations with demonstrated artistic and administrative track records, and arts-related institutions necessary to maintain and support the theater. The foundation also operates a theatrical archive. Grants almost always made exclusively for general operating funds.

Program Area(s)

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

Arts-Related Organizations

Organizations that help support the development of theatre and dance are eligible for funding. Grants to these organizations are based principally on an assessment of their work, as demonstrated by past and current performance. Impact, administrative strength and fiscal stability are factored into each evaluation.

Dance

The foundation views dance as a critical art form related to and supportive of the theater. Grant applications from dance companies will be accorded consideration using the same criteria as theaters.

Education

A limited number of grants is made to graduate drama departments of private universities. These departments are evaluated principally in terms of their demonstrated ability to train and develop theater artists.

Schubert Archive

The foundation began to organize the documents of the Shubert brothers' theatrical activities. The collection contains more than a century's worth of production, designs, scripts, sheet music, publicity materials, photographs, correspondence, business records and architectural plans. Scholars interested in using the collection should contact Maryann Chach, Dir., Shubert Archive, for the necessary application materials. Visit URL: http://www.shubertarchive.org for more information or E-mail: information@shubertarchive.org.

Theater

Not-for-profit, professional theatres in the United States are the primary recipients of Shubert Foundation general operating support grants. Theatres are evaluated individually and with appropriate allowance for size and resources. The standard for awarding these grants is based on an assessment of each organization's operation and its contribution to the field. Artistic achievement, administrative strength and fiscal stability are factored into each evaluation, as is the company's development of new work and other significant contributions to the field of professional theatre in the US.

Fields of Interest

Subjects
  • Arts and culture
  • Dance
  • Performing arts
  • Performing arts education
  • Theater
Population Groups
  • Children and youth

Financial Data

Year ended 2015-05-31

Assets: $581,506,157 (market value)

Gifts received: $129,060

Expenditures: $31,824,722

Total giving: $24,025,000

Qualifying distributions: $25,369,499

Giving activities include:

$24,025,000 for 487 grants (high: $310,000; low: $10,000)

$430,760 for 1 foundation-administered program