Shubert Foundation Explained

Shubert Foundation
Full Name:	Sam S. Shubert Foundation
Named After:	Sam S. Shubert
Founders:	Lee Shubert & Jacob J. Shubert
Founding Location:	New York City
Type:	Private
Status:	Foundation
Focus:	-->
Leader Title:	Chairman
Leader Name:	Robert E. Wankel
Leader Title2:	President
Leader Name2:	Diana Phillips
Publication:	The Passing Show
Subsidiaries:	The Shubert Organization

The Sam S. Shubert Foundation is an American private foundation founded in 1945 by Jacob J. Shubert and Lee Shubert in honor of their brother Sam S. Shubert (1878–1905).^[1]

Description

The Shubert Foundation owns The Shubert Organization.^[2] It currently owns and operates 23 theaters, including 17 Broadway venues.^[3] It is America's largest funder of not-for-profit theaters, dance companies, and similar.^{[4] [5]} It hosts the annual Shubert Foundation High School Theatre Festival for New York City Public Schools.^[6] Diana Phillips is the president of the organization.^[7] In June 2024, the foundation announced $40 million in annual grants.^[8], the foundation had approximately $670 million in assets.^[9]

Further reading

• The Passing Show archives at shubertarchive.org

Notes and References

1. News: Schumach . Murray . 1972-07-11 . Shubert No Longer a Family Affair . 2024-06-30 . The New York Times . en-US . 0362-4331.
2. News: Schumach . Murray . 1972-12-11 . Shubert Empire Fights a Financial Crisis . 2024-06-30 . The New York Times . en-US . 0362-4331.
3. Web site: Tremayne-Pengelly . Alexandra . 2023-07-19 . Broadway Powerhouse Shubert Foundation Gives Out Nearly $40m in Grants . 2024-06-30 . Observer . en-US.
4. News: Kleinfield . N. R. . 1994-07-10 . How a Shubert Fund Produces and Directs . 2024-06-30 . The New York Times . en-US . 0362-4331.
5. News: Kleinfield . N. R. . 1994-07-11 . I.R.S. Ruling Wrote Script For the Shubert Tax Break . 2024-06-30 . The New York Times . en-US . 0362-4331.
6. News: March 7, 2016 . Students Make Their Broadway Debut . June 30, 2024 . The Wall Street Journal.
7. Web site: Evans . Greg . 2022-06-22 . Shubert Foundation Awards Record $37.6M In Grants To Non-Profit Arts, $2M For HBCU Scholarships . 2024-06-30 . Deadline . en-US.
8. News: Gans . Andrew . June 10, 2024 . Shubert Foundation Announces Record-Breaking $40 Million in Annual Grants . June 30, 2024 . Playbill.
9. Web site: Andrea Suozzo, Alec Glassford, Ash Ngu, Brandon Roberts . 2013-05-09 . Shubert Foundation Inc - Nonprofit Explorer . 2024-06-30 . ProPublica . en.