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Princess Grace Foundation

Public charity
DBA: % AMY B DESMOND
Foundations · NEW YORK, NY · EIN 23-2218331

About

National in scope, the princess grace foundation-USA is dedicated to identifying and assisting emerging talent in theater, dance, and FILM by awarding grants in the form of scholarships, apprenticeships, and fellowships. The foundation's trustees share princess grace's dedication to supporting the arts and they believe, as princess grace DID, that cultivation and training of emerging talent is essential to ensure sustained excellence in the arts. Each year, the foundation announces a select group of princess grace awards for distinction in the areas of theater, dance, and FILM. Students are eligible for scholarships; emerging artists working in companies qualify for apprenticeships and fellowships. A playwriting fellowship is available for individual artists through a residency at new dramatists in new YORK city.

In care of AMY B Desmond

Donations are tax-deductible
Category
Foundations
Employees
6
Volunteers
24

Financial Snapshot

FY ending 2024-12-31
Revenue
$6.4M
Expenses
$2.3M
Assets
$30.1M
Liabilities
$1.1M

Financial history

$6.4M$3.2M$0
161718192021222324
RevenueExpenses
Latest FY2024: $6.4M · Avg: $3.0M

Foreign activity (Schedule F)

Total spent abroad$316K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN——
EUROPE (INCLUDING ICELAND & GREENLAND)——

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$679K
PRINCESS GRACE FOUNDATION
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Address

565 Fifth AVE 23RD Floor
New YORK, NY, 10017-246

Governance

Voting board members24
Independent members24
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %72.4%
Permanent endowment %27.6%
Endowment held by related orgNo
Public records
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