irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $1.88MTHE FOUNDATION PROVIDED RESOURCES IN ORDER TO ATTRACT AND RETAIN EXCEPTIONAL FACULTY, AID IN CURRICULUM ENHANCEMENT AND SUPPORT PUBLIC LECTURES WHICH PROVIDE OPPORTUNITIES FOR STUDENTS AND LOCAL COMMUNITY MEMBERS ALIKE TO INTERACT WITH EXPERTS IN VARIOUS DISCIPLINES.
- #2 $1.25MTHE NEUBERGER MUSEUM OF ART IS THE PREMIER MUSEUM OF MODERN, CONTEMPORARY AND AFRICAN ART IN WESTCHESTER AND FAIRFIELD COUNTIES. A TEACHING MUSEUM, THE NEUBERGER PROMOTES THE APPRECIATION AND ENJOYMENT OF THE VISUAL ARTS AS INSEPARABLE FROM AN UNDERSTANDING OF THEIR PLACE IN CULTURAL AND INTELLECTUAL HISTORY AND THEIR RELEVANCE TO CONTEMPORARY SOCIAL LIFE. AS AN INTERGRAL PART OF PURCHASE COLLEGE AND A VITAL CENTER OF THE COMMUNITY ENGAGEMENT, THE NEUBERGER SUPPORTS LIFELONG LEARNING BY TAKING A CRITICAL, INTERDISCIPLINARY APPROACH TO ITS COLLECTIONS, EXHIBITIONS, AND PUBLIC PROGRAMS. APPROXIMATELY 16,900 VISITORS ATTEND THE MUSEUM EACH YEAR.
named programs · 4 · from sources
What they call their work
Faculty and Curriculum Support
Funds initiatives to attract and retain exceptional faculty and enhance academic curriculum at Purchase College.
Institutional Scholarships
Provides financial aid to students at Purchase College through donor-funded scholarships; supported by contributions from individuals, families, foundations, and corporations.
Neuberger Museum of Art
Teaching museum offering exhibitions and public programs in modern, contemporary, and African art; serves approximately 16,900 visitors annually.
Public Lectures and Academic Events
Supports public lectures that engage students and community members with experts across disciplines.
activities · 3 groups
What they do
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Local High School Scholarship Programs 1 activity
- Funding institutional scholarshipsFunds institutional scholarships supporting hundreds of students annually; awarded to 701 students in 2023–2024, 854 in 2022–2023, and 638 in 2021–2022.
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Curated Art Exhibitions and Public Displays 1 activity
- Operating the Neuberger Museum of ArtOperates the Neuberger Museum of Art, which serves approximately 16,900 visitors annually through exhibitions and public programs in modern, contemporary, and African art.
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Uncategorized 1 activity
- Supporting faculty, curriculum, and public lecturesProvides resources to attract and retain faculty, enhance curriculum, and support public lectures for students and community members.
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financials · form 990 · fy2024
revenue
Total revenue$7.71M
Contributions & grants$2.04M26%
Program service revenue$290K4%
Investment income$5.38M70%
Other revenue$0
expenses
Total expenses$6.80M
Program expenses78%
Admin / overhead10%
Fundraising12%
Salaries & benefits$2.62M
Grants paid out$1.90M
Largest expense lineCompensation
balance sheet
Total assets$107.40M
Cash$1.70M
Investments$105.29M
Liabilities$13.02M
Net assets$94.38M
Liquid reserves188.9 mo
6 years on record · 2019–2024 · YoY revenue +139.3%
leadership · form 990 part vii · fy2024
Who runs it
board members · 16
- CLIFFORD ARONSON — VICE CHAIR
- DEBRA ROTH — TRUSTEE
- GERHARD SEEBACHER — TRUSTEE
- GERI PELL — TRUSTEE
- JAMES DUBIN — TRUSTEE
- JASON SOTO — EX-OFFICIO (NON-VOTING)
- JUDITH A RIGGS — TREASURER
- MICHAEL FONSECA — TRUSTEE
- MILAGROS PENA — EX-OFFICIO (NON-VOTING)
- PAUL ZUKOWSKY — EX-OFFICIO (NON-VOTING)
- PETER J WISE — VICE CHAIR
- REED ELFENBEIN — SECRETARY
- ROY MOSKOWITZ — TRUSTEE
- SEBNEM ERIM — TRUSTEE
- SUELLEN PELUSO — CHAIR
- VICKI GILLESPIE — TRUSTEE
relationships · 2
Who they work with
- Neuberger Museum of Art Partner — Teaching museum operated as an integral part of Purchase College and supported by the foundation.
- Purchase College, State University of New York Partner — Primary partner institution for which the foundation provides financial and programmatic 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.
- Teaching-Museum Model 11 orgsmethodology: teaching-museum modelBy using the museum as an interdisciplinary teaching tool, we promote critical thinking and lifelong learning because engagement with visual arts in cultural context deepens understanding across academic and community audiences.shared approach: Inquiry-Based Engagement →
- Academic-Community Engagement Modelmethodology: academic-community engagementBy integrating academic expertise with public programming and student involvement, we strengthen educational impact and community relevance because shared knowledge spaces foster deeper learning and civic connection.