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FOUNDATION FOR THE ADVANCEMENT OF THE ARTS
FLUSHING, NY · EIN 113174234 · Form 990PF · FY2023 · Micro (<$100K)
revenue
$0
expenses
$9K
net assets
$12K
employees
—
profile · synthesized from sources

The Foundation for the Advancement of the Arts is a New York-based nonprofit that supports educational and cultural programs with a focus on Indian knowledge systems, mathematics, yoga, and meditation. It funds initiatives at universities and cultural institutions, primarily through grants to organizations engaged in advanced study and public teaching. The foundation does not appear to run direct programs, instead focusing on grantmaking to support research and instruction.

activities · 2 groups

What they do

  • Religious Education Support 2 activities
    • Funding programs related to Indian culture and knowledge systems
      Funds initiatives that promote Indian culture, Indology, and Indian knowledge systems, including seminars, courses, books, and lectures.
    • Funding programs that advance yoga and meditation
      Funds initiatives focused on advancing the practice and study of yoga and meditation, including support for yoga classes and related educational content.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding graduate and postdoctoral mathematics programs
      Funds mathematics education and research at the master's, PhD, and postdoctoral levels, including support for students and academic programs.
financials · form 990PF · fy2023
revenue
Total revenue$0
Contributions & grants$0—
Program service revenue——
Investment income$0—
Other revenue—
expenses
Total expenses$9K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out$92K
balance sheet
Total assets$12K
Cash—
Investments—
Liabilities—
Net assets$12K
3 years on record · 2020–2023 · YoY revenue -100.0%
relationships · 8

Who they work with

  • ANANDA MARGA INC Partner — Receives funding for programs advancing yoga and meditation.
  • ARSHA VIDYA PEETHAM Partner — Receives funding for programs related to Indian culture.
  • Ananda Marga Yoga and Meditation Center Partner — Receives funding for yoga classes.
  • Bhandar Oriental Research Institues Partner — Receives funding for seminars on Indian knowledge systems.
  • Bhaskaracharya Pratishthana Partner — Receives funding for postdoctoral students in mathematics.
  • Bhishma School of Indic Studies Partner — Receives funding for courses and books on Indology.
  • Bhu Alumni Endowment Partner — Receives funding for mathematics programs at master's and PhD levels.
  • PROF BRUCE STRUMFELLS Partner — Receives funding for an online lecture.
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.

  • Targeted Grantmaking to Advance Specific Arts Disciplines
    methodology: targeted_grantmaking
    By providing grants in focused domains such as yoga and meditation, Indian cultural programs, and mathematical research, the foundation advances underrepresented arts and intellectual practices because targeted funding enables specialized growth and preservation that broad initiatives cannot support.