Liz Claiborne & Art Ortenberg Foundation
- Assets
- $217.6m
- Revenue
- $4.2m
- Investments
- $201.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1985
- Data as of
- 12/2022
- EIN
- 13-3200329
Organization Overview
Liz Claiborne & Art Ortenberg Foundation is located in New York, NY. The organization was established in 1985. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Liz Claiborne & Art Ortenberg 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 12/2022, Liz Claiborne & Art Ortenberg Foundation generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (45.6%) each year. All expenses for the organization totaled $14.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Liz Claiborne & Art Ortenberg Foundation has awarded 373 individual grants totaling $41,857,175. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr David Western Advisory Board Chairperson | 6 | $35,000 | |
Douglas Chadwick Advisory Board Member | 4 | $17,500 | |
Grant Parker Advisory Board Member | 4 | $17,500 | |
Ullas Karanth Advisory Board Member | 4 | $17,500 | |
William Conway Advisory Board Member | 4 | $0 | |
William Debuys Advisory Board Member | 4 | $17,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Stanley | 12/30/22 | $547,588 |
Weissman Consulting Services | 12/30/22 | $62,875 |
Seabridge Investment Advisors | 12/30/22 | $380,927 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20,142 |
| Dividends & Interest | $4,975,930 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$822,298 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$4,468 |
| Total Revenue | $4,169,306 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $238,333 |
| Other employee salaries and wages | $662,500 |
| Pension plans, employee benefits | $250,319 |
| Interest | $0 |
| Taxes | $294,789 |
| Depreciation | $0 |
| Occupancy | $108,636 |
| Travel, conferences, and meetings | $159,792 |
| Printing and publications | $564 |
| Other expenses | $56,643 |
| Total operating and administrative expenses | $2,874,407 |
| Contributions, gifts, grants paid | $11,262,914 |
| Total expenses and disbursements | $14,137,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,907,555 |
| Net Accounts receivable | $1,420 |
| 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 | $15,124,736 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,000,000 |
| Total assets | $217,607,167 |
| 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, Liz Claiborne & Art Ortenberg Foundation has awarded $16,274,730 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN CONSERVATION CENTRE-US PURPOSE: KENYA: SORALO AFRICAN PROTECTED AREAS CONGRESS | $14,000 |
AFRICAN CONSERVATION CENTRE-US PURPOSE: KENYA: SORALO (YEAR 1 OF 3) | $102,000 |
BLACKFOOT CHALLENGE PURPOSE: GENERAL SUPPORT (YEAR 2 OF 3) | $100,000 |
CARING AT COLUMBIA PURPOSE: GENERAL SUPPORT | $15,000 |
CLARK FORK COALITION PURPOSE: GENERAL SUPPORT (YR 2 OF 3) | $100,000 |
DOROBO FUND FOR TANZANIA PURPOSE: TANZANIA: UCRT AFRICAN PROTECTED AREAS CONGRESS | $14,000 |