The Shubert Foundation

The Shubert Foundation

The Shubert Foundation was established in 1945 by Lee and J.J. Shubert in memory of their brother Sam S. Shubert. Its mandate centers on sustaining live theatre and dance through unrestricted grants to nonprofit organizations across the United States. The foundation deploys capital primarily as annual grants rather than through fund commitments or direct equity investments. Its asset base includes ownership of 17 Broadway theatres held via The Shubert Organization, Inc., plus the Shubert Archive of production records and memorabilia. Confirmed public equity positions include holdings in Intuit Inc. and Invitation Homes Inc. reported in 2022 tax filings. Geographic focus remains domestic, with grants distributed to companies in New York, Chicago, Washington D.C., and additional U.S. cities. The foundation reports 40 million dollars in annual giving. It maintains no additional offices beyond its New York headquarters. Adjacent vehicles include The Shubert Organization operating company and the Shubert Archive. March 2025: The foundation sponsored the High School Theatre Festival at the Shubert Theatre for New York City public school students. The foundation operates under a perpetual grant-making mandate tied directly to the Shubert family theatre assets, with board overlap between the foundation and The Shubert Organization ensuring alignment between asset ownership and distribution decisions.