Shubert Foundation
{{Short description|American private foundation}}
{{Infobox organization
| name = Shubert Foundation
| full_name = Sam S. Shubert Foundation
| logo = Shubert_Foundation_logo.png
| logo_size =
| logo_alt =
| logo_caption =
| named_after = Sam S. Shubert
| formation = {{start date and age|1945}}
| founders = Lee Shubert & Jacob J. Shubert
| founding_location = New York City
| type = Private
| status = Foundation
| purpose =
| professional_title =
| headquarters =
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| location_city2 =
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| leader_title = Chairman
| leader_name = Robert E. Wankel
| leader_title2 = President
| leader_name2 = Diana Phillips
| publication = The Passing Show
| subsidiaries = The Shubert Organization
| website = {{URL|www.shubertfoundation.org}}
}}
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).{{Cite news |last=Schumach |first=Murray |date=1972-07-11 |title=Shubert No Longer a Family Affair |url=https://www.nytimes.com/1972/07/11/archives/shubert-no-longer-a-family-affair.html |access-date=2024-06-30 |work=The New York Times |language=en-US |issn=0362-4331}}
Description
The Shubert Foundation owns The Shubert Organization.{{Cite news |last=Schumach |first=Murray |date=1972-12-11 |title=Shubert Empire Fights a Financial Crisis |url=https://www.nytimes.com/1972/12/11/archives/new-jersey-pages-shubert-empire-fights-a-financial-crisis-shubert.html |access-date=2024-06-30 |work=The New York Times |language=en-US |issn=0362-4331}} It currently owns and operates 23 theaters, including 17 Broadway venues.{{Cite web |last=Tremayne-Pengelly |first=Alexandra |date=2023-07-19 |title=Broadway Powerhouse Shubert Foundation Gives Out Nearly $40m in Grants |url=https://observer.com/2023/07/shubert-foundation-broadway-40m-grants/ |access-date=2024-06-30 |website=Observer |language=en-US}} It is America's largest funder of not-for-profit theaters, dance companies, and similar.{{Cite news |last=Kleinfield |first=N. R. |date=1994-07-10 |title=How a Shubert Fund Produces and Directs |url=https://www.nytimes.com/1994/07/10/us/how-a-shubert-fund-produces-and-directs.html |access-date=2024-06-30 |work=The New York Times |language=en-US |issn=0362-4331}}{{Cite news |last=Kleinfield |first=N. R. |date=1994-07-11 |title=I.R.S. Ruling Wrote Script For the Shubert Tax Break |url=https://www.nytimes.com/1994/07/11/us/irs-ruling-wrote-script-for-the-shubert-tax-break.html |access-date=2024-06-30 |work=The New York Times |language=en-US |issn=0362-4331}} It hosts the annual Shubert Foundation High School Theatre Festival for New York City Public Schools.{{Cite news |date=March 7, 2016 |title=Students Make Their Broadway Debut |url=https://www.wsj.com/articles/students-make-their-broadway-debut-1457404185 |access-date=June 30, 2024 |work=The Wall Street Journal}} Diana Phillips is the president of the organization.{{Cite web |last=Evans |first=Greg |date=2022-06-22 |title=Shubert Foundation Awards Record $37.6M In Grants To Non-Profit Arts, $2M For HBCU Scholarships |url=https://deadline.com/2022/06/shubert-foundation-grants-hbcu-non-profit-arts-groups-1235050240/ |access-date=2024-06-30 |website=Deadline |language=en-US}} In June 2024, the foundation announced $40 million in annual grants.{{Cite news |last=Gans |first=Andrew |date=June 10, 2024 |title=Shubert Foundation Announces Record-Breaking $40 Million in Annual Grants |url=https://playbill.com/article/shubert-foundation-announces-record-breaking-40-million-in-annual-grants |access-date=June 30, 2024 |work=Playbill}} {{asof|2023}}, the foundation had approximately $670 million in assets.{{Cite web |author=Andrea Suozzo, Alec Glassford, Ash Ngu, Brandon Roberts |date=2013-05-09 |title=Shubert Foundation Inc - Nonprofit Explorer |url=https://projects.propublica.org/nonprofits/organizations/136106961 |access-date=2024-06-30 |website=ProPublica |language=en}}
References
{{reflist}}
Further reading
- [https://www.shubertarchive.org/the-passing-show.html The Passing Show archives] at shubertarchive.org
External links
- {{official website|http://www.shubertfoundation.org}}
Category:1945 establishments in the United States
Category:Organizations established in 1945
Category:Arts foundations based in the United States
Category:Arts organizations based in New York City
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