COMMON MAPS
Map version new-york activity top-down
Main site Contact
Menu
↑ parent activity group ·
research dossier

Svetlana and Herbert M Wachtell Foundation

New York, NY · EIN 134197999 · Form 990PF · FY2023 · NTEE T20 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.3M
expenses
$39K
net assets
$5.0M
employees
profile · synthesized from sources

Svetlana and Herbert M Wachtell Foundation is a private foundation based in New York that makes grants to support cultural, educational, and healthcare initiatives. The foundation funds organizations involved in the arts, music, publishing, and park preservation, primarily in the New York City area. It does not operate programs directly but supports other nonprofits through financial contributions.

named programs · 3 · from sources

What they call their work

Arts and Culture Support Program
Funds performances, preservation, and production in music, ballet, theater, and publishing through grants to institutions such as Carnegie Hall, New York City Ballet, and Manhattan Theatre Club
Healthcare Enhancement Grant
Supports improved healthcare quality through funding to the Southampton Hospital Foundation
Philanthropy Promotion Grant
Supports donor-advised funds and philanthropic initiatives through grants to organizations like the Jewish Communal Fund
activities · 6 groups

What they do

  • Performing Arts Production Support 6 activities
    • Funding ballet repertoire development and performance
      Funds the American Ballet Theatre to present ballets, one-act classics, and new works to audiences.
    • Funding chamber music concerts
      Funds the Bridgehampton Chamber Music Festival to promote chamber music concerts.
    • Funding classical ballet performance and promotion
      Funds the NEW YORK CITY BALLET to perform, promote, and sustain classical ballet.
    • Funding international music festival participation
      Funds the American Friends of the Salzburg Easter Festival to support attendance at the Easter Festival.
    • Funding orchestral music performance and engagement
      Funds the New York Philharmonic to maintain and foster interest in music.
    • Funding theatrical production of revivals
      Funds the Manhattan Theatre Club to produce significant revivals.
  • Historic Preservation Support Grants 2 activities
    • Funding performing arts venue operations
      Funds Carnegie Hall Society to support the maintenance and use of Carnegie Hall's activities.
    • Funding publication of culturally significant books
      Funds The New Press to support the publication of books of cultural, historical, and educational value.
  • Hospital and Medical Center Support 1 activity
    • Funding healthcare quality improvement
      Funds the Southampton Hospital Foundation to improve the quality of healthcare.
  • Jewish Religious Institution Support 1 activity
    • Funding philanthropy initiatives
      Funds the Jewish Communal Fund to promote philanthropy.
  • Public Media Funding 1 activity
    • Funding public media content production
      Funds Thirteen WNET with general support.
  • Environmental Conservation Grantmaking 1 activity
    • Funding urban park restoration and management
      Funds the Central Park Conservancy to restore, manage, and enhance Central Park.
financials · form 990PF · fy2023
revenue
Total revenue$1.29M
Contributions & grants$00%
Program service revenue
Investment income$236K18%
Other revenue$1.05M
expenses
Total expenses$39K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$239K
balance sheet
Total assets$5.05M
Cash
Investments
Liabilities
Net assets$4.99M
5 years on record · 2019–2023 · YoY revenue +13962.7%
leadership · form 990 part vii · fy2023

Who runs it

board members · 3
  • HERBERT M WACHTELL — PRES/TREAS/DIRECTOR
  • LAURA MURPHY — DIRECTOR
  • SVETLANA STONE WACHTELL — VP/SECY/DIRECTOR
relationships · 12

Who they work with

  • American Ballet Theatre (Ballet Theatre Fdn) Partner — Receives grant funding to present ballets, one-act classics, and new works to audiences
  • American Friends of the Salzburg Easter Festival Partner — Receives grant funding for support and attendance at the Easter Festival
  • Bridgehampton Chamber Music Festival Partner — Receives grant funding to promote chamber music concerts
  • Carnegie Hall Society Partner — Receives grant funding for the maintenance and use of Carnegie Hall's activities
  • Central Park Conservancy Partner — Receives grant funding to restore, manage, and enhance Central Park
  • Jewish Communal Fund Partner — Receives grant funding to promote philanthropy
  • Manhattan Theatre Club Partner — Receives grant funding to produce significant revivals
  • NEW YORK CITY BALLET Partner — Receives grant funding to perform, promote, and sustain classical ballet
  • New York Philharmonic Partner — Receives grant funding to maintain and foster interest in music
  • Southampton Hospital Foundation Partner — Receives grant funding to improve quality of healthcare
  • The New Press Partner — Receives grant funding to publish books of cultural, historical, and educational value
  • Thirteen WNET Partner — Receives general support funding