Overbrook Foundation
{{Short description|American philanthropic organization}}
{{Infobox organization
| name = Overbrook Foundation
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| formation = {{start date and age|1949|04}}
| founder = Frank Altschul
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| tax_id = 13-6088860
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| headquarters = New York
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| leader_title = President and CEO
| leader_name = Stephen A. Foster
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| revenue = $31,916,667
| revenue_year = 2014{{cite web|title=Form 990 2014|date=9 May 2013|url=https://projects.propublica.org/nonprofits/organizations/136088860|publisher=ProPublica|accessdate=26 December 2017}}
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| endowment = $167,713,218
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| website = {{URL|https://www.overbrook.org/}}
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The Overbrook Foundation is a philanthropic organization, founded in 1949. Since its creation, it has donated more than $188 million to education and progressive causes.
History
Frank and Helen Altschul created Overbrook to fund education causes including his alma mater, Yale University. Altschul was an early supporter of NPR.{{cite news|last1=Duncan|first1=Ed|title=A tale of two towns|url=http://www.stamfordadvocate.com/opinion/article/A-tale-of-two-towns-4612997.php|accessdate=26 December 2017|publisher=Stamford Advocate|date=June 20, 2013}}
After Altschul's death in 1981, the foundation hired professional management under the stewardship of family members.
Major grants and initiatives
The foundation provides grants averaging $40,000 to causes including human rights and environmental causes primarily in the western hemisphere.
The foundation supports, for example, In Our Backyard, a crowdfunder of New York City environmental projects.{{cite news|last1=West|first1=Melanie Grayce|title=Nonprofit Leverages Its Assets for Environment Organizations|url=https://www.wsj.com/articles/SB10001424052748703916004576271342146801856|accessdate=26 December 2017|publisher=Wall Street Journal|date=April 19, 2011}}
Position on political contributions
In 2015, Overbrook joined with like-minded foundations including the Rockefeller Brothers Fund, the Ford Foundation, the Carnegie Corporation of New York, and the Turner Foundation to decry corporate contributions to political causes in the wake of the Citizens United v. FEC case.{{cn|date=March 2019}}