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WILLIAM S PALEY FOUNDATION INC

JEFFERSON VALLEY, NY · EIN 136085929 · Form 990PF · FY2024 · Large ($10M-$50M)
revenue
$11.4M
expenses
$3.3M
net assets
$80.9M
employees
profile · synthesized from sources

Private foundation based in New York that provides grants to nonprofit organizations, primarily supporting media, cultural, and educational institutions. Key grantees include The Paley Center for Media, The Museum of Modern Art, and The Jerusalem Foundation. Focuses on general operating support, capital projects, and program-specific funding.

named programs · 3 · from sources

What they call their work

Paley Art Center
Funds the development and operation of an art center in Jerusalem supported through The Jerusalem Foundation
Paley Park Program Support
Provides funding for programming and operations at Paley Park through the GreenPark Foundation
Paley Television Festival
Supports the annual festival hosted by The Paley Center for Media celebrating television excellence
activities · 5 groups

What they do

  • General Operating Support Grants 4 activities
    • Funding GreenPark Foundation for Paley Park program support
      Funds GreenPark Foundation with $1,306,833 for program support related to Paley Park.
    • Funding Madison Sq Boys & Girls Club Foundation with general operating support
      Funds Madison Sq Boys & Girls Club Foundation with $50,000 for general operating support.
    • Funding The Foundation for City College with general operating support
      Funds The Foundation for City College with $50,000 for general operating support.
    • Funding World Central Kitchen with general operating support
      Funds World Central Kitchen with $50,000 for general operating support.
  • Jewish Religious Institution Support 1 activity
    • Funding Santa Monica Temple Association with general operating support
      Funds Santa Monica Temple Association with $50,000 for general operating support.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding The Jerusalem Foundation through capital pledges and program-specific grants
      Funds The Jerusalem Foundation with a $533,000 capital pledge, $100,000 for the Paley Art Center, and $100,000 for innovation initiatives.
  • Art Museum Funding and Support 1 activity
    • Funding The Museum of Modern Art with general operating support
      Funds The Museum of Modern Art with $110,000 for general operating support.
  • Public Media Funding 1 activity
    • Funding The Paley Center for Media through general operating and program-specific grants
      Funds The Paley Center for Media with multiple grants, including $3,050,106 for general operating support and $500,000 for the Paley Television Festival, as well as a $2,000,000 grant through a GJG mechanism.
financials · form 990PF · fy2024
revenue
Total revenue$11.38M
Contributions & grants
Program service revenue
Investment income$2.62M23%
Other revenue$3.80M
expenses
Total expenses$3.35M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$189K
Grants paid out$8.24M
balance sheet
Total assets$177.66M
Cash
Investments
Liabilities
Net assets$80.88M
3 years on record · 2020–2024 · YoY revenue -67.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
PATRICK S GALLAGHER Executive Dir. 16 $189K
board members · 3
  • FAIZA J SAEED — Director
  • HENRY A KISSINGER THRU 1123 — CHAIRMAN/DIR
  • JACQUELINE SCALISI — Director
relationships · 8

Who they work with

  • GREENPARK FOUNDATION Partner — Receives funding for program support related to Paley Park.
  • MADISON SQ BOYS GIRLS CLUB FOUNDATI Partner — Receives general operating support.
  • SANTA MONICA TEMPLE ASSOCIATION CON Partner — Receives general operating support.
  • THE FOUNDATION FOR CITY COLLEGE Partner — Receives general operating support.
  • THE JERUSALEM FOUNDATION Partner — Receives grants for capital projects, an art center, and innovation initiatives.
  • THE MUSEUM OF MODERN ART Partner — Receives general operating support.
  • THE PALEY CENTER FOR MEDIA Partner — Receives multiple grants for general operating support, a television festival, and a named grant (GJG).
  • WORLD CENTRAL KITCHEN Partner — Receives general operating support.