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PHILARTHROPY INC
PHILARTHROPY INC is a New York-based institutional endowment and foundation focused on arts education and community enrichment. The organization operates an...
PHILARTHROPY INC
PHILARTHROPY INC is a New York-based institutional endowment and foundation focused on arts education and community enrichment. The organization operates an innovative philanthropic model that transforms donated art collections into sustainable, perpetual funding for arts education programs in under-resourced public schools. Its strategy involves partnering with art collectors who contribute portions of their collections, which are then leveraged to compensate art teachers and fund arts programs in school systems that need the most support. The firm collaborates with industry leaders including Goldman Sachs and Fieldpoint Private to ensure adequate, self-sufficient funding without ongoing financial commitments from collectors. PHILARTHROPY targets low-income communities where arts education has steeply declined since the 1980s, aiming to build lasting legacies of artistic enrichment for future generations. The organization is currently seeking seed funding to grow its initiative and scale its impact across underserved community schools.
General information
Firm type
Endowment / Foundation
Location
Country
United States
City
NEW YORK
Corporate office
NEW YORK, United States
Sector focus
Frequently asked questions
What is PHILARTHROPY's investment model?
PHILARTHROPY leverages donated works of art to create sustainable, perpetual funding for arts education programs in under-resourced schools. Art collectors contribute portions of their collections, which are used to fund art teachers and programs without requiring ongoing financial commitments from donors.
Who does PHILARTHROPY target with its funding?
PHILARTHROPY targets low-income and under-resourced community schools, particularly in U.S. public school systems where arts education has steeply declined since the 1980s. The goal is to fund art teachers and arts programs in perpetuity.
What partnerships support PHILARTHROPY's model?
PHILARTHROPY partners with industry leaders including Goldman Sachs and Fieldpoint Private to ensure schools receive adequate funding to compensate art teachers into perpetuity.
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