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MESERVE-KUNHARDT FOUNDATION

PLEASANTVILLE, NY · EIN 202412662 · Form 990 · FY2024 · NTEE A70 · Arts, Culture & Humanities · Medium ($1M-$10M)
revenue
$5.1M
expenses
$2.9M
net assets
$25.8M
employees
5
program ratio
82%
mission · from form 990

THE FOUNDATION PERMANENTLY PRESERVES THE WORK OF GORDON PARKS, MAKES IT AVAILABLE TO THE PUBLIC THROUGH EXHIBITIONS, BOOKS AND ELECTRONIC MEDIA, AND SUPPORTS ARTISTIC AND EDUCATIONAL ACTIVITIES THAT ADVANCE WHAT PARKS DESCRIBED AS "THE COMMON SEARCH FOR A BETTER LIFE AND A BETTER WORLD ." THE FOUNDATION'S EXHIBITION SPACE PRESENTS EXHIBITIONS ON GORDON PARKS AND OTHER ARTISTS WORKING WITHIN THE THEMES OF SOCIAL JUSTICE, AS PART OF THE FOUNDATION'S COMMITMENT TO EDUCATING THE PUBLIC.

profile · synthesized from sources

The Meserve-Kunhardt Foundation preserves and promotes the work of Gordon Parks through public exhibitions, publications, and media. It supports artistic and educational initiatives centered on social justice, offering scholarships and fellowships to students and emerging artists. The foundation operates an exhibition space and funds documentary film projects that align with its mission of advancing public understanding of equity and the human condition.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $143K
    THE FOUNDATION PROVIDES SCHOLARSHIP GRANTS TO STUDENTS FROM PARTNER INSTITUTIONS AND FELLOWSHIP GRANTS TO PROMISING PHOTOGRAPHERS, FILMMAKERS, VISUAL ARTISTS, WRITERS AND MUSICIANS WORKING WITHIN THE THEMES OF SOCIAL JUSTICE.
named programs · 3 · from sources

What they call their work

Documentary Film Initiative
Funded for a five-year period beginning in 2015, this program produced films on Dr. Martin Luther King, President Barack Obama, Gordon Parks, and other significant public figures.
Exhibition Program
Presents exhibitions on Gordon Parks and other artists working within the themes of social justice, making their work accessible to the public through curated displays.
Scholarship and Fellowship Program
Provides financial support to students from partner institutions and to emerging photographers, filmmakers, visual artists, writers, and musicians whose work aligns with themes of social justice.
activities · 3 groups

What they do

  • Artist Support Grants 1 activity
    • Awarding fellowship grants to artists focused on social justice themes
      Provides financial support through fellowships to artists whose work engages with themes of social justice, fostering creative expression in service of equity and public dialogue.
  • Local High School Scholarship Programs 1 activity
    • Awarding scholarship grants to students from partner institutions
      Provides scholarship grants to students affiliated with eight partner institutions. This program supports educational access and is a sustained grantmaking effort.
  • Film Production Funding and Fiscal Sponsorship 1 activity
    • Funding a five-year documentary film initiative on significant public figures
      Finances a multi-year documentary film project focused on influential figures such as Dr. Martin Luther King, President Barack Obama, and Gordon Parks, supporting historical and cultural storytelling through film.
financials · form 990 · fy2024
revenue
Total revenue$5.12M
Contributions & grants$2.92M57%
Program service revenue$1.72M34%
Investment income$729K14%
Other revenue$-251K
expenses
Total expenses$2.95M
Program expenses82%
Admin / overhead9%
Fundraising9%
Salaries & benefits$1.09M
Grants paid out$143K
Largest expense lineCompensation
balance sheet
Total assets$25.87M
Cash$1.92M
Investments$21.39M
Liabilities$41K
Net assets$25.83M
Liquid reserves94.9 mo
4 years on record · 2020–2024 · YoY revenue +11.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
PETER W KUNHARDT JR EXECUTIVE DIRECTOR 40 $440K
THOMAS A CONWAY CHIEF FINANCIAL OFFICER 16 $181K
board members · 11
  • ALEXANDER SOROS — DIRECTOR
  • DEBORAH WILLIS PHD — DIRECTOR
  • DIANA REVSON — DIRECTOR
  • JACKIE GLOVER — DIRECTOR
  • LAURA BROWN — DIRECTOR
  • LEWIS J HART III — DIRECTOR
  • MARIO SPROUSE — DIRECTOR
  • NINA FREEDMAN — PRESIDENT
  • PETER W KUNHARDT — DIRECTOR
  • PHILIP B KUNHARDT III — DIRECTOR
  • WILLIAM JELANI COBB — DIRECTOR
relationships · 1

Who they work with

  • Partner Institutions Partner — Provides scholarship grants to students from eight partner institutions.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Legacy Preservation as Social Justice Education
    methodology: legacy-preservation-and-education
    By preserving and promoting the work of Gordon Parks, the foundation advances social justice education because his artistic legacy serves as a pedagogical and inspirational tool for engaging communities in dialogue and action toward a more just society.