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CHRISTO AND JEANNE-CLAUDE FOUNDATION

NEW YORK, NY · EIN 832549505 · Form 990PF · FY2024 · NTEE A51 · Arts, Culture & Humanities · Very Large (>$50M)
revenue
$160.4M
expenses
$2.4M
net assets
$158.7M
employees
profile · synthesized from sources

Art-focused foundation established to honor the legacy of artists Christo and Jeanne-Claude. Primarily supports museums and cultural institutions through grants of artwork and funding for exhibitions, research, and academic programs. Operates internationally with significant grants to institutions in the United States, United Kingdom, and United Arab Emirates.

named programs · 2 · from sources

What they call their work

Artwork Grant Program
Provides grants of artwork and funding to museums and cultural institutions for long-term exhibitions and research purposes
Young Artist Public Art Prize
Supports a cash prize for a young artist to realize a public artwork in the UAE
activities · 4 groups

What they do

  • Art Museum Funding and Support 3 activities
    • Funding long-term exhibitions and research of artwork at academic and cultural institutions
      Funds long-term exhibition and research initiatives involving artwork, including at NSU Art Museum Fort Lauderdale in conjunction with Nova Southeastern University and at the Serpentine Gallery Trust in the United Kingdom.
    • Funding public art exhibitions at major museums and diplomatic sites
      Supports the exhibition of artwork at prominent cultural venues such as the Nelson Atkins Museum and the U.S. Embassy in Abu Dhabi, UAE, enabling permanent or temporary public display.
    • Funding publication and dissemination of art scholarship
      Provides general charitable support to Yale University Press, which publishes scholarly works including those related to art and visual culture.
  • Artist Support Grants 1 activity
    • Funding emerging artists to realize public artworks
      Awards grants to support young artists in creating public artworks, such as through a cash prize funded for realization in the UAE via Datecrete Studio & Lab FZC.
  • General Operating Support Grants 1 activity
    • Funding general operations and programming of arts organizations
      Provides general operating or program support to nonprofit arts organizations including CityArts, Independent Curators Intl., and Newport Art Museum.
  • Performing Arts Production Support 1 activity
    • Funding international performing arts institutions
      Provides general support to major cultural institutions such as the Paris Opera, supporting their artistic and operational activities.
financials · form 990PF · fy2024
revenue
Total revenue$160.40M
Contributions & grants$159.14M99%
Program service revenue
Investment income$1.09M1%
Other revenue$98K
expenses
Total expenses$2.44M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$275K
Grants paid out$11.28M
balance sheet
Total assets$158.73M
Cash
Investments
Liabilities
Net assets$158.67M
5 years on record · 2020–2024 · YoY revenue +190602.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
JONATHAN HENERY SECRETARY AND TREASURER 2 $202K
LORENZA GIOVANELLI DIRECTOR 2 $120K
board members · 9
  • AGNES GUND — DIRECTOR
  • JOEL MESZNIK — DIRECTOR
  • JONATHAN FINEBERG — DIRECTOR
  • JUAN ALONSO — DIRECTOR
  • JUDITH BYRD — DIRECTOR
  • KATHERINE FLEMING — DIRECTOR
  • RENE MORALES — DIRECTOR
  • SCOTT HODES — CHAIR
  • VLADIMIR YAVACHEV — DIRECTOR
relationships · 10

Who they work with

  • CITYARTS Partner — Receives general operating and general support grants.
  • DATECRETE STUDIO & LAB FZC Partner — Receives funding to administer a cash prize for a young artist to realize a public artwork in the UAE.
  • INDEPENDENT CURATORS INTL Partner — Receives general support grants.
  • NELSON ATKINS MUSEUM Partner — Receives grant funding for exhibition of artwork.
  • NEWPORT ART MUSEUM Partner — Receives general operating support.
  • NSU ART MUSEUM FORT LAUDERDALE Partner — Receives grant funding for long-term exhibition and research of artwork in conjunction with academic purposes at Nova Southeastern University.
  • Paris Opera Partner — Receives general support.
  • SERPENTINE GALLERY TRUST Partner — Receives grant for long-term exhibition of artwork in the United Kingdom.
  • US DEPARTMENT OF STATE Government — Receives grant of artwork for permanent exhibition in the U.S. Embassy in Abu Dhabi, UAE.
  • YALE UNIVERSITY PRESS Partner — Receives general charitable support.
strategies · 2

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.

  • Cultural-Academic Partnership
    methodology: cultural-academic_partnership
    By funding cultural institutions affiliated with educational entities, we ensure the long-term preservation and scholarly study of artwork, because institutional partnerships enhance public access and academic rigor.
  • Emerging Artist Prize Model
    methodology: emerging_artist_prize_model
    By awarding cash prizes through intermediaries, we enable young artists to create public artworks, because financial support at early career stages removes barriers to production and fosters innovation in public art.