Shubert Foundation Explained

The Sam S. Shubert Foundation is private foundation founded in 1945 by Jacob J. Shubert and Lee Shubert in honor of their younger brother Sam S. Shubert.[1] It owns the 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, etc.[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] This year, the foundation announced $40 million in annual grants.[8] As of 2023, the foundation has approximately $670 million in assets.[9]

External links

The Shubert Foundation

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: Roberts . Andrea Suozzo, Alec Glassford, Ash Ngu, Brandon . 2013-05-09 . Shubert Foundation Inc - Nonprofit Explorer . 2024-06-30 . ProPublica . en.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Shubert Foundation".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.